Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1902-07-01

I
! New York. more quiet owing to the adj
----I vancing season, and the bad
effect of prolonged labor controversies
is being felt III certain lines. Reports
from the interior and the far West are
mere encouraging. bountiful harysstS be-
ing expected while the light stocks car
ried over from the previous season as
sure profitable prices. The best lndica-
ten of continued prosperity is the tact
that quotations do not recede, even I'D
the lines where at present there is only
moderate degree of activity. Railway
earnings thus far reported for June in
creased 80 per cent over 1907
r. G. Dun x Co.'S Weekly Review of
Trade thus sums up the situation:
Uncertainty regarding their ability 10
secure pig iron at reasonable prices is
making producers of steel cautious in
accepting contracts that call for delivery
at even remote dates. Raw material
is undoubtedly in light supply, and the
Anthracite coal strike has suspended work
at a number % furnaces. Coke produce
tion is attaini-s new records each week
in the endeavor to supply ali require
ments, and better railway facilities are
making unprecedented shipments from
the Connellsvine region. Soft coal IS
beginning 70 show the effect of an alb
normal demand In certain lines Of iin-
ished steel products the addition OF new
plants to the productive capacity has had
4 pereeptihle influence on prices, intro
ducing more competition This factor Is
felt in only a. few divisions. however. and
III all heavy lines, notably rails and struc-
tural material. orders run far into next
year, and there is no question OF con
cessions in quotations. Jobbers having
a surplus Of bar iron sold moderate guam
titles at a lower figure than the market
rate. but steel bars are firmer.
Quiet conditions prevail in eastern dry
goods and footwear markets. A stronger
silver market has revived purchases tor
export to China. although, like the home
trade this is still on a moderate scale,
Supplemental buying of woolens is also
limited Ii is noteworthy that prices in
all textile lines are firmly held. despite
the slow movement, indicating confidence
on the part of sellers. Shoeshops ia New
England have more orders, yet most fac
tories only operate part time, and SOME
are entirely idle. Leather is duh and
foreign dry hides weaker
Lack Of rain in the Southwest is the
only seriously unfavorable crop indica-
tion of the week, while exceptionally en-
couragng reports are received from most
points. Domestic grain makes good pro-
g-ess, but bad news has been received
from abroad and the outlook is favora-
bic for large exports
Failures for the week numbered 1914
in the United States, against 1913 last
year, and 10 in Canada, against II year
ago.
Report of Bradstreet's.
Bradstreet's report says:
Wheat, including flour. exports for the
week aggregate 1850, 434 bushels against
3,400314 bushels last week and 500. S3l
bushels in this week last year. Wheat
exports July 1, 1901, to date (fifty-one
weeks aggregate 245, 81, 1888 bushels,
against 2l0,137, 1908 bushels last season.
Corn exports aggregate 110,979 bushels,
against 94,9Sl bushels last week and >
i35, 4ST bushels last year. July I, 1901,
ID date corn exports are &c 192,075 bush
els. against III ,424 ,224 bushels last sea-
son.