Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-18
GWEN A new IMPETUS
Settlement of the Coal Strike
Removes Serious Handicap
to Progress
a CAR SHORTAGE is FEARED
Movement Of Crops and Resumption Of
Coal Shipments May Be Handicap
ped Somewhat by Lack Of Cars
Railway Earnings Are on the In.
crease.
crease.

New York, Oct 1S.-R. G. Dun & Co.'S
Weekly Review of Trade todays says:
Settlement of the coal strike removes
the only serious handicap to progress.
Five months of restricted fuel produce
ton has begun to check the wheels at
many manufacturing centers, While there
sumptive demands as the purchasing
power of the wage earners steadily de-
creased. Savings have been exhausted,
and much money has gone out of the
country because of this struggle, but
the nations remarkably strong posi-
ton assures a speedy restoration of
prosperous conditions. Transportation
is now the worst feature, and threat
ems to continue disturbing. While the
grain crops are being moved, the sup
ply of rolling stock and motive power
will prove insufficient, althO every eff
fort is being made at the shops, liberal
premiums being offered for early de-
livery. That the railways are we'll oc-
cupied is evident by earnings for the
first week of October, 3.5 per cent
larger than last year, and 1913 per cent
above 1900.
Inadequate supplies of fuel caused
further banking of furnaces, but the
effects of a decreased output OF domes-
tic pig iron has been partially neutral-
lied by larger arrivals from abroad.
Practically no price can be named for
immediate delivery of home iron, and
there is no disposition to make conces-
sions for distant contracts owing to the
abnormal coke situation.
Footwear shops are actively engaged,
many producers having added their
long list of orders, and while practical-
ly all the New England manufacturers
are assured full time up to the end OF
the year, they are also taking orders
for deliveries in March. Leather is
slightly weaker, owing to the sharp fall
in hides, which has been accentuated
by the poorer quality now coming on
the market. In cotton goods the fea-
ture was a purchase of about 100000
pieces of print cloths. While quotsA-
tons were not altered, the tone became
decidedly firner. In other divisions of
the market buyers are only interested
quire,nents being held back by eviden-
ces OF weakness in the raw material.
Failures for the week number 206 in
the United States, against 229 last year,
and twenty in Canada, compared with
thi1ty-one.
New YORK, oct. ls.-Bradstreet's
says today:
Imp ovsment in the iron trade as I,
result Of the probable ending of the coal
strike is as yet matter of sentiment,
but with the free NOV ement OF coal
eastern coke furnaces now banked ale
expected to resume operation, tho the
.oiNe shortage may c.cse valley fur
naces. No loss of strength is shown Ill
heavy goods. In fact, the tendency has
been rather upward. Higher freight
fates caused by the large movement of
coal flom abroad tends to discourage
the imports of foreign pig iron, ard
tariff regulations as to steel billets may
check TIL. inward movement of these
goods. Domestic Dliiets are higher than
last week.
Wheat. including -four, exports for
the week ending Oct. II aggregate
5, 24O,6SS bushels, against 5.645,779 last
week, O,OOu,UIO III IiliS Weeh A6tol , SsiA |
and 3,t9G,64o in 1900. Wheat exports
since July l aggregate 1871, $50 BUSH
els. against 95,10S,9l7 last season and
55,302,,55 in 1900.
Corn exports aggregate 1S0,674 BUSH
els, against 1S0.35S last week, 64O.O33
last year and 2,SSG,993 in 1900. For the
fiscal Jeal exports are l,5oS,266 bushels,
AGAINST l4,944,S43 last season and So
10 1881 in 1900.
business failures III the United States
for the week ending Thursday, Oct. 16,
number eos, as against ITO last week,
los in this week last gear, 223 in 1900,
ri in 1899 and 2Io IN 1898.
a M-o-a DoK-