The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-11-27

New I0 WAY ocs stocks ,,a than Mat, at "Sg ny
not necessarily Indicate loss of traffic nor
setback in business. On the contrary,
coincident with the collapse of the stock
market. there were many evidences that
manufacturing and transporting interests
have not sufficient facilities to meet de-
mands, although plants and equipment
are now of greater efficiency than ut any
previous time" The foregoing is from
the Weekly Trade Review of X. u. Dun
& Co. 1t continues:
Distribution of merchandise is fully
maintained. preparations being made for
heavy holiday trade. and frequent COM
plants of tardy deliveries testify to the
heavy consumption. Prospects for con-
tinued activity are bright because of un-
precedented harvests, prosperity in the
agricultural sections assuring good de-
mand for other products. Threatened la
Dor controversies have been averted, in
some cases wages being advanced, while
a number of increases were voluntarily
given.
Railway earnings continue to advance,
the first week of November showing a
rise of As per cent over 1901 and 1o.2
per cent over 1000. High temperature
retards retail trade in seasonable goods.
Aside from the expected decline in prices
of pipes and tubes there has been no
evidence of weakness, and all the recent
concessions were caused by competition
of new plants rather than diminished
business. Many purchasers are delaying
orders, however, in the hope that the
market will go lower in other depart
ments, but there is abnormal support in
the light movement of coke. Rail mills
are fully booked up to next September,
and Canadian road placed large order
in Germany. while structural shapes are
in great request, especially for bridges.
Eastern manufacturers Of foot wear
are offering no Inducements to buyers,
and, while no actual advances In prices
have occurred. the market is decidedly
strong. Western shops are also busy, de-
liveries in both sections coming so slowly
as to cause much complaint. Sole leather
is active and firm, both domestic and ex-
port sales being large. Some western
tanners advanced prices, which checked
business. Foreign dry hides are album
dant and weaker. Limited supplies in
first hands and with jobbers have sus-
tanned cotton goods. despite the sharp
decline in the raw material Export trade
is duh. Chinese business showing the
effect of the break in silver. but foreign
orders are in the market and could be
secured by slight concessions. 1t is be-
tween seasons in the market for woolen
goods, though there is some inquiry for
heavy weights for quick delivery. Cloth
ing manufacturers report encouraging re-
suits in their first test of the market on
spring garments.
Failures for the week numbered 241
in the United States, against 215 last
year. and "a in Canada, compared with
% year ago.
Bradstreet's report says:
Wheat, including flour, exports for the
week ending Nov. l3 aggregate 4, 40, i6O
bushels. against 5.715.555 last week. f.
9SS. .I04 this week last year and 4.O62.O .O2O
in 1900. Wheat exports since July ] ag-
gregate 101. 1.5S4. .652 bushels. against H.
1S2.31S last season and II 1,465.O9l in
1900.
Corn exports aggregate 2S1, ,9O1 BUSH
els, against 13O.S47 last week, 29,924
last year and 3.976,314 in 1900. For the
fiscal year exports are 2.20S, 7S2 bushels,
against 1857, ,49S last season and 4,6A,-
993 in 1900.