Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1902-05-24
TRADE REVIEW.
The Coal Strike Affecting
Commercial Business.
The Agricultural Regions Show
Very Bright Prospect.
Textile Market Quiet-LittIe Doing in
Cereals-FaiIures Increase.

New York, May 23.-R. G. Dun &
Co.'S. Weekly Review of Trade, tomor-
row, will say:
Many minor labor controversies have
been settled, but the situation in the
Gnthracite coal region has assumed Il
more serious aspect. Far from making
oyertures toward an agreement, both
sides are preparing for Il. stubborn
struggle. Not only the miners but most
railway and mercantile employees in the
vicinity of the mines are idle ana
manufacturing plants at other points
using hard coal for fuel must soon sus-
pend operations. In bright contrast is
the progress made in agricultural re-
w!ous. where bad news is the exception.
Railway earnings continue satisfactory,
roads reporting for two weeks Of May
SHOW gains Of 81 per cent over last
year.
No change is reported in the iron ana
steel situation.
New business is extremely limited al
the leading centers because manufac-
turcrs hesitate to accept contracts
which they may De unable 10 carry out.
Slight concessions are now obtainable
in some lines OF footwear. New Eng
land factories are not running full time
except on special lines, ANA buyers look
for concessions from manufacturers.
Shipments from Boston continue light
II the markets for textile goods quiet
conditions prevail, buyers apparently
being well supplied for the present sea
son and sellers carrying only moderate
stocks. Exporters have exhibited more
interest in cotton goods. but their bids
are generally below views Of holders.
Print clothes are quiet ut last weeks
decline Deliveries Of Woolens improve
rs the idle weavers resume. Wool is
more active in the Eastern markets,
but quotations do not harden.
Quiet conditions have prevailed in
the cereal markets. Exports of wheat,
including flour, We're only 3,S63,56S bush
els during the past week from all ports
Of the United States. against 5,225, $50
bushels in the corresponding week last
year. Small receipts Of corn, amount
ing to only I.2G31SS bushels for the
week against $500 ,0l3 a year ago, held
the spot price at about 10 cents de-
spite Atlantic exports Of only S7,401
bushels. compared with 1,63G.S99 last
year. After falling half a cent below
the best price Of the season, cotton par
italy recovered on small port receipts,
although prospects for the next crop
distinctly improved.
Failures for the week numbered 102
against $50 last year, and II in Canada
against - last year
OF Canadian trade the review will
say: Wholesale trade in dry goods,
hardware ana shoes is moderate at st.
John, the principal demand being for
staple groceries. which are fairly ac-
tive. Cold weather retards retail sales
in undertaking, millinery and fancy
dry goods at Halifax, but i'm hardware
there is considerable activity. The
sharp advance in lumber has been of
great benefit 10 the producers. ColleC-
tons are fairly satisfactory and re
newals less frequent.
The trade situation and outlook are
healthy at Montreal. General wholesale
trade is good. Cheese shipments are
larger than a year ago and high prices
prevail. Quebec reports trade good.
Orders for staple goods are large at
Toronto and activity is reported in all
lines at Winnipeg.