The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-12-11
| New York.

| | kpV I0lk provided the only impor-
O- tant developments of tha
last week in the business world. Ex-
| eessive rains in some sections. notably the
Southwest, facilitated Distribution of
| heavy footwear, oyershoes and kindred
lines. while seasonably low temperature
at other points increased the movement
ce winter wearing apparel. These inhu-
ences. together with large ThanksSly-
ing trade in food products. stimulated re-
tail dealings very materially. JoobinS
and wholesale trade is fully maintained,
| and manufacturing plants have orders
far ahead. but in many cases the coke
shortage retartls operations The fore
going is from the Weekly Trade Review
of r. q. Dun X Co. Ii continues:
Railway officials are making every eff
Tort TO relieve the freight congestion. es-
fecially in the vicinity of Pittsburc, but
thus far there is little evidence of inn
prOyement. Gross earnings are fully
maintained, for November thus far ex-
seeding last years by 6.3 per cent and
.bose of 1900 by 1874. while it is expect
I'd that higher freight rates will offset
The advances in wages. sustaining net
earnings.
Inquiries for pig iron become more ur-
GENT as the scarcity grows more AGATE.
Furnaces are added TO the idle list when
there is full occupation for every plant
ln the country. but the fuel shortage is
hot perceptibly improved. Coke COM
1iands high premiums, according 10 the
,eeds of consumers. and iron is similarly
beld at an abnormal position by the in
sufficient supply
Even foreign pig iron has not arrived
A. specified dates. while new orders have
seen placed abroad covering distant deliv-
,ries- 1t is clear that domestic needs will
continue TO exceed available supplies foc
many months TO come. The pressure is
tess severe in the various finished lines,
aside from structural steel and railway
equipment. Many projected additions to
mileage, improvements in terminals and
Increases in rolling stock insure activity
IT the shops for months to come. Ma
,hinery houses. boiler works and makers
of heavy hardware are all far behind
with orders. and practically every see
lion of the iron and steel industry is en-
iirely in control of sellers, prospective
purchasers having to make all the con-
ressions. Minor metals, on the other
,and, are generally weaker, sin being es-
fecially depressed. Silver bullion has
ALLEN to much the lowest price on record.
The intrinsic value of silver dollar now
being about 80 cents
distinctly firmer tone pervades the
,iarket for footwear. orders coming for
ward freely for spring goods. The lead
ns shoe manufacturers have taken large
lots of leather, especially hemlock sole.
giving tirmer tone to the market and
reducing stocks. Foreign dry hides are
In limited supply and well held There
: still no inclination to place large orders
Tor distant delivery of cotton goods. but
steady current demand fully absorbs
the limited stocks. and buyers are often
compelled to hunt for desired lines Of
staple cloths. Printed and woven pat
.erned goods for spring are selling freely
On forward business. The better tone
that appeared some weeks ago in wool
sns has finally caused a moderate ad-
vance in staple lines for spring.
Failures for the week numbered 213 in
The United States. against 1S2 last year,
and sixteen in Canada, compared with
twenty-five a year ago.
Bradstreet's Grain Figures.
Bradstreet's weekly report says:
Wheat. including -four. exports for the
week ending Nov. % aggregate 4, 179,6S5
bushels. against 5.217.612 last week,
5.11I,4iS in this week last year and q
1850 in 1909 Wheat exports since
July l aggregate I11.042,0O3 bushels,
against 121.S1S. I26 last season and a.
79O, O,261 in 1900.
Corn exports aggregate 2J5. ia BUSH
els, against 243. .3Sl last week. S30.96S
last year and 4. sol 600 in 1900 For the
fiscal year exports are 2. 1OI ,S37 bushels,
against 19.153S17- last season and "a
CSl ,561 in 1900.