Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-01-03

Dun's Review Summarizes Trade Con-
/. ditions, Of Past Twelve Months
PROGRESS IN MANUFACTURES
Advances Along Tliis Line Deeme"
Greater Than lar Any other
Branch of DusinerS - The
Markets Of 1OO1.


an nal evidences of advancement In bus
on ness during the year was the progre
ns made Inv manufacturing. 1t Is lmposs
of BILE to be too extravagant in delinea
al ing the movements Of the industrli
In world. Never in the history of this
ia any other nation has such deveiopmel
occurred within the space of twelve
,r month. The expansion Of product1v
W capacity was enormous. the improve
Y. methods of work and organization
r. We're conspicuous. wise economic
l. were introduced, but more than all 9th
g el factors that made for permunen
!, prosperity was the conservative resist
a ance to price imitation.
:, All records of output for hard ant
+ soft coal were surpassed during 1901
: despite the" scarcity Of cars that re
i. tarded operations. A few minor'labo
| disturbances interrupted work, but
none were aS extensive as in the pre-
! viOus year.
The year 1901 was the greatest i'm
volume Of production and consumption
in the history of the boot and shoe
business. An entire year Of activity
and an era OF high prices characterized
the leather market. vet there has been
! 70 boom Suclf as existed during 1895
and which resulted i'm one Of the most
disastrous slunpS ever known in leath-
err history
The Prudnce Markets.
While 1900 was the best year ever
experienced by domestic agricultural
interests, the opening year of the new
century was in many ways more prof
table. and tia two together have put
the farming population in much the
most satisfactory position in the nu.
tons history Formerly the season of
harvesting and crop moving brought
heavy borr wing of funds at the ca at,
but interior conditions have changed
to such an extent that western banks i
are lenders nj New York and Chicago. !
and. while there is still large move. [
ment of money away from the east I
during the fan months. it is of funds !!
that We're held here for the account !
OF interior. cnrresp omlentS \
There is a steady tendency to enlarge,
the acreage s0wn in tie leading crops.
yet supplies do not increase owing to,
the better demand 10th for home CON
sumption and export Heat and
drought caused "a serious curtuilment of
the corn crop, which proved the most
important event of the year. While,
his influence naturally induced an ad
vance in price that practically pro-.
hbIted exports and thus seriously af:
ected foreign commerce, it was by mo-
means an unnliXed evil. since the re-.
urn to growers was even larger than (
II year Of normal production. while
he enormous yield of wheat was alb
orDed by stock feeding and foreign
onsumers in place of corn. Hence. in.
tead or low price for wheat in pro=
ortl0n to the heavy crop, there was
an even higher average
notation than fn the short crop yo;,r
receding a
ne crop year opened with a. new
cord or wheat and -four exports
mounting to 81, 130,3S> bushels in Au
lst, far surprising any previous ;,
onth, while FOR five months ending :,
ov. 5o' che aggregate was l2G,92S, 1s2 !,
lshels~
Meats Cotton. Coffee, E.w, h
Meats naturally reflected tha expen. 81
We position of fodder, and. if WINS o.
atlf Hing to notice that exports were g,
vt materially reduced by sl,e hfrb
vel.
IoE'7'n passed season of vide yarI-
IONS, I'm the early months. attainino II
highest price of the dt.cade hut ri
lhng back sharply as thu spinniuy n
nation was rendered unfavorahle by Fl
oroltant raw material. Crop esti- 81
''es We're also far apart. causing ir. q,
and a tendency to await 70
re dehnlte information. The ont.
TX grew much more cheerful from 49,
producers point of view when tho
sing month brought higher price
Ia 8 cents.
equally erratic was the course ne ii
lee on account of heavy Brazil re-
pts ana reports OF extensive disas.
$. Option trading at the Coffee Nv.
inge rose far above the ou;et raw
ions OF recent years.
expanding crops of sugar had the of,
OF lowering prices, while comnett
VI renhers caused a still larger fan
the finished product, to the gre,t
eft of consumers. N>'
was less fuctuating, the
relhes or the year being 600 and
Genus FOR refined in barrel cargoes
ehs''e nelds in the south were de.
'pe'' which tended to hold prices
Sports of the staple products reach.
new nigh record notwithstanding
'o"er average prices of oil and
on ana the scarcity of corn.