The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-04-17
Labor controversies cou-
tinue to be the only serious
Iy Jisturb;n ayan.s in tho
| New York.

N6u IUlk |tinue 10 be the only serious
1-ly disturbing events in the
industrial world. and. while many dis
agreements have been promptly settled.
others have appeared to interrupt produc-
tion and make manufacturers conserya-
tive about new undertakings. Retail dis
tribution of spring wearing apparel re-
ceired shock from the more inclement
weather in many localities, yet merchan-
disc of most staple lines is purchased
freely. and collections are satisfactory at
nearly all points except the South" X
u. Dun X Co.'S Weekly Review thus
sums up trade conditions and adds:
Supplies of iron and steel do not seem
in any immediate danger of OvertakinS
demand. In fact. the prospect of labor
disturbances on May 1 makes the situa-
ton still more uncertain, and those who
hoped for equilibrium in the market by
July 1 are less sanguine. Midsummer
seems to be the dividing line as to quota
tiOns. prices after July averaging about
81 per ton less than earlier deliveries.
while those few fortunate sellers OF spot
material continue 10 secure large premi-
ums. Fittsburg pig iron is definitely high
er, and large contracts are still under
negotiation between the Bessemer pro-
iucers and the leading consumer. Coke
continues TO move little more freely, yet
prices are fully sustained.
NO movement is recorded in conditions
of footwear shops in New England,
where only the larger manufacturers are
able to keep going. Prices Of shoes are
unchanged, although buyers are holding
back for better terms. Leather has
steadied under large purchases OF sole
and betting. with the additional support
of heavy exports. Domestic hides again
average lower.
In the market for textile products
there is distinctly firm tone. Labor
troubles'and the high position Of raw cot-
ton are both factors OF strength, wGle
mills have orders that will oceaiT their
full capacity for some time. Although
quotations are nOminally without change,
the scarcity of available supplies makes
il a simple matter TO hold prices. Export
inquiry for sheetings and drills has in
creased. but makers insist on higher
prices than are offered in many cases.
Ii is between seasons for woOlen goods,
and there is the usual quiet. except where
buyers are anxiously looking for goods to
replaced deliveries interrupted by the
strike ut Olneyville and vicinity.
Widely divergent views as to the crop
outlook resulted in a dull market for the
cereals and only small changes in prices.
Wheat receipts for the week were but
2.Oi4.G99 bushels. against 1851 ,135 last
year, while exports from all ports of the
United States amounted to 3.365.0I0
bushels. compared with 4.626.037 a year
ago. There was not the customary loss
in receipts of corn: l,5SO,5O5 bushels,
comparing with 1.G02.0 a year ago, but
Atlantic exports were only 20i, 1856 BUSH
els. against 3.OI6. .S91.
1T is not surprising that cotton is so
firmly held in view of the dispatches
from correspondents Of X. G. Dun & Co.
in the South. These reports indicate
small stocks OF old cotton and a decrease
of acreage for the next crop. with smaller
sales of fertilizers and a backward sea-
son.
''rhe course of commodity prices during
the month of March indicates a seasona-
BILE tendency downward. Dun's index
number. giving the aggregate Of quota
tions proportioned to consumption. was
S99.222 on April 1. against $1O1 .593 a
month previous. This decline of 2.3 per
cen, was mainly due to the higher tenn
perature. which accelerated the output of
garden and dairy products"