The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-05-15
/. NeH York.

were averted, at least
temporarily, and number of smaller
1nes were settled, but many new contro-
| sersies have begun. This labor factor
is the only seriously unfavorabie one in
he industrial situation, exerting consid
srable influence over the volume OF trans
| actions. and also tending to unsettle con-
idence. In seasonable merchandise, es-
pecially dry goods and clothing. warmer
weather has stimulated dealings, while
outdoor work is prosecuted vigorously.
Collections are more prompt as a rule.
fewer extensions being asked. Ship
ments are less delayed by traffic conyes-
ton, and railway earnings thus far re-
ported for April exceed last years by
~ per cent Il. G. Dun & Co. thus
sum up trade conditions in their weekly
review The review continues:
Consumers of finished steel products
are compelled to place orders subject
to the convenience of manufacturers, and
it is the exception when any nearby de-
liveries are promised. An unprecedented
amount Of railway work is being done.
while the erection of new buildings would
be much more extensive il material were
available. This structural work is on
lief to the situation hereafter, since most
Of the plants under construction will add
to the productive capacity when complet-
ed. Pig iron has worked up TO a higher
point. Bessemer commanding $50 at
Pittsburs on deliveries within six
months. owing to the full contracts held
by the furnaces. Foreign dealers have
shown much wisdom by making conces-
sions in this market.
\ better volume of orders taken by
New England shoeshops is one of the
most encouraging signs of the week
Slight concessions were made on few
grades. but the general level OF qu1ta-
tions is fairly well maintained. Jobhers
are still slow to place fall orders, hoping
that better terms may be possible next
month.
Jobbers in dry goods have felt the ef-
feels of good weather and brisk trade
has been done AT steady prices. although
no general advance has followed the rise
in raw cotton or the restricted operations
at wooden mills. Weak silver has con-
tinued TO initiate against exports TO
China. Overtime work at independent
mills is partially neutralizing the effect
of the weavers' strike.
Cereal prices have been less inflated by
speculation than they were last week,
yet a high level was maintained. and
cnly slight reactions occurred The gen
eral tenor Of crop news was much more
encouraging aside from Kansas dis
patches, which indicate that wheat needs
moisture. although corn and oats have
good prospects.
Good foreign crop conditions weee cal
culated to weaken the tone. yet exports
of wheat from the United States, ious
included. amounted to 5.5l9.637 bushels.
against 4.132.357 year ago. Recent at
iractive prices have brought corn TO mar
ket more freely than in preceding weeks.
but receipts of 1.6S6.O50 bushels for the
week fall far short Of the 2.3ISo64 in
the same week last year. The cOmpari-
son as to Atlantic exports is still more
striking. only 154.1O4 bushels going out
during the week, against 1850. .21l a year
ago.
Failures in the United States tais week
were 225. against 2l2 last week. 26f the
preceding week and DC the correspond
ing week last year, and in Canada IL,
against IS last week, "a in the preeed-
ing wek and "a last year.