The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-04-24
New York.

/ H.. u, 0oOu news preOOminateS
NV IQrk. in the business world, not
withstanding two some
what serious drawbacks. Weather con-
ditions have been unsatisfactory at many
points, retarding retail distribution and
delaying outdoor work. while excessive
rain has put many Southern planters be-
hind with work in the cotton fields. Still
more Of handicap is the strife between
wage Garner and employer. Manufac-
turing is exceptionally active in lines
not disturbed by strikes and there is q
vigorous movement Of goods through reg
ilar channels" r. g. Dun & Co.'S >
Weekiy Review thus sums up trade con-
oitions. The review continues:
AT the close Of last week negotiations
were concluded for large sale OF pig
iron at $3.50 furnace, deliveries begin
nins IN October and covering six months.
his price is in line with the avowed con-
servative intentions Of the leading inter-
ests. Yet spot transactions are reported
at Sl higher quotations whenever buyers
are SO fortunate as to secure prompt ship
ment. Not only pig Iron, but bars. bill
iets and structural shapes are all sold so
far ahead that new business is compara-
lively light, although consumers would
quickly absorb any early deliveries that
might be offered. The situation may
briefly be summed up in the statement
that It is the exception when order books
are not filled for full capacity well to-
ward the end Of 1902. Buyers are still
placing contracts abroad. and on urgent
business this will probably occur fire.
quently during the remainder Of the year.
flrmness in cotton goods naturally
follows the combination Of light stocks
and toe interruption of work at some
mills, with threatened disturbance at
others, together with the higher price Of
raw material. In many lines it Is no
longer possible to secure prompt deliv-
cries and buyers have practically ceased
TO ask concessions. Large transactions
have been effected for export, mainly Of
sheetinss for China. Clothing buyers are
seeking to secure wooden goods to substi-
tute for deliveries retarded by the strike.
but ind the market heavily Overbought
and many lines withdrawn or advanced
in prices. WOrsted manufacturers are
busy and there is noticeable inquiry
for yarns. Footwear manufacturers have
secured 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 helpful influence. Quotations
are fairly steady, and in the jobbing
trade there is greater demand for tan
shoes than was expected. Leather is
quiet after the recent activity, yet there
is no indication Of weakness. and exports
increase. Dry hides have advanced.
Failures for the week numbered l9S
in the United States, against 20S last
year, and 10 in Canada, against "a last
year."
Bradstreet's says: Wheat. including
-four, exports for the week aggregate
3.S42.O12 bushels, against 4,446,917 last
week and 6,4O5, COL in this week last
year. Wheat exports July I, 1901. to
date (forty-one weeks) aggregate 202,-
6SI $40 bushels, against 161 ,O27, ,71S last
season. Corn exports aggregate l5S, S,565
bushels. against 33O.531 last week and
:, ,623.S .SS4 last yeard. July I. 1901. to
date. corn exports are "A ,623, ,266 bushels.
against 1i9, $50, 762 bushels last season."