Omaha daily bee., 1902-04-13
WEEK IN BUSINESS WORLD
Good News Predominates Notwithstanding
Two Serious Drawbacks.
COMPARATIVE FAILURES DECREASED
Excessive Rains Prove etback TO
Southern Planters and Deliveries
Labor Controversies Are
Handicap TO Market.

NEW YORK. April 12.-R. G. Dun &
Co.'S Weekly Review OF Trade says:
Good news predominated in the business
world. notwithstanding two somewhat Sc
rious drawbacks. Weather conditions have
been unsatisfactory at many points, re-
tarding retail distribution and delaying
outdoor work, while excessive rain has
put many southern planters behind with
work in the cotton fields. Still more of a
handicap is the strife between wage Garner
ment OF goods through regular channels.
AT the close of last week negotiations
iron at $3.50, furnace deliveries beginning
in October and covering six months. This
price is in line with the avowed conserva-
Yet spot transactions are reported at VI
higher quotation, when buyers are SO Tor
'pMN at on1Iv Dis iirnn Ppnt bars biIIets and
structural shapes are all sold SO far ahead
that new business is comparatively light,
any early deliveries that might be offered.
II is the exception wSan order books are
not filled for full capacity well toward the
Buyers are still placing contracts abroad
and on urgent business this will probably
occur frequently during the remainder OF
Firmness in cotton goods naturally fol-
lows the combination of, light stocks ana
the interruption of work at some mills,
with threatened disturbance at others, to-
gether with the higher price of raw ma
terial. In many lines it is no longer. posi-
BILE to secure prompt deliveries and buyers
nave practically ceased to ask concessions.
Large transactions have been effected for
export mainly of sheetings, for China.
Clothing buyers are seeking to secure
wooden goods to substitute for deliveries
retarded by the strike, but find the mar
ket heavily overbought and many lines
withdrawn or advanced in prices, Worsted
manufacturers are busy and there is a
noticeable inquiry for yarns.
Footwear manufacturer have secured
a little more business and shops have been
able to avoid the reduced time that was
feared. Jobbers have placed orders for fall
supplies earlier than usual, which had a
healthful influence; Quotations are fairly
greater demand for tan shoes than was
expected. Leather is quiet after the re-
cent activity, yet there is no indication OF
weakness and exports increased. Dry
More animation has appeared in the
speculative market for staples. Fluctua-
lions were more irregular in corn. which
made a partial recovery, although still
remaining below the best price last month,
Wheat moved within narrow limits,
western receipts for the acc week we were LIZ:
and the total Tor the crop year is gradu-
ally falling back to- last years figures
Lower prices stimulatsd exports for 2
from all ports of the United States during
the week were only 3,S49,910 bushels
against 1915, $40 last year, and Atlantic ex'
against 2,O20,S4s a year ago. Cotton moved
up to the highest point of the season and
in the option market IT. was noteworthy
hat heavy liquidation failed to produce
sorbed. Coffee was depressed by, excessive
stocks and receipts, the spot price falling
close to the low record.
Failures for the week number 1S in the
United States, against 203 last year. and
nineteen in Canada, against twenty-fouI
last year.