Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-08-09
74u Dfh1D VI li'i'DD
BRIGHT Crop Prospects Offset LABOR
Dispute Hindrances'
METAL MEN LACK FUEL YET
A.,de From This the Iron an" s
situation Continues Good guy"
pun,s Review-R"ilwa' Ear"
,,us show an Increase

Now York, Aug. Or. &. Dun y
~ N ~ ,roal,,v review of trade says:
Bright prospects in agricultural, n s,u
+,ons far outweigh the adverse 'n n.,l,
ence Of labor disputes, which are SUI
rotarding trade and manufacture ,oi
edanca IN the future is mistaken, uea''
ers everywhere preparing Tor d n.",t
fol1 trade. while contracts for dis'"i'.
daliveries run farther into next 'e"l
than is usual at this date. Ac'l''''
has been noteworthy IN luilipef ~
gions, and fish packing MADE ne" nv
ords Dun's index number on Aus' =
was S1,W.177 compared with Slol''lo
a month previous. This decline ~ .ne
level of prices was due to the auNane
ing season. which brought liberal sup,
nlias of foodstuffs and terminated
speculative imitation in grain lhere
was no evidence Of restricted cohsuiip
ton in the lower quotations RalIwa!
earnings are fully sustained the LATEST
returns showing an average advance
of SO per cent over the corresponding
time last year and DIS per cent over
1900. .,
Aside from the fuel scarcity anu
some congestion of traffic. the iron ana
steel situation continues propltlous'
Coke ovens in the Connellsville region
maintain a weekly output of about
250,OO0 tons and find ready buyers at
full prices. Much more could be USED
to advantage. Despite the urgent de-
mand for finished products there IS
more or less closing of plants for re-
pairs. and workmon seek a rest after
the vigorous campaign. Conditions
are indicated by the number of orders
going out of the country which domes-
tic producers cannot undertake. Thus
far the imports have had little inf1u-
ence on domestic prices. except as to
billets which are freely offered below
the home market level. New contracts
for pig iron We're placed this week
covering deliveries in the second quar-
ter of 1903, and structural material is
desired for bridges and buildings that
will not be received until even more
remote dates. There is still some IT.
regularity, heavy steel being in much
greater request than the light lines.
The machinery and hardware trade is
fully sustained, but there is idleness at
tin plate mills and glass factories.
Minor metals are steady.
Crop Conditions.
Splendid growing and harvesting
conditions have prevailed in most Sec
tons of the country, especially where
the larger and more important crops
are raised. In view of the distinct
progress, it was natural that prices
should tend lower, and this affected
exports favorably. which in turn had
a steadying influence. 1t is now al.
most certain that the agricultural re-
turns will be far above the average as
to quantity, while the low stocks at
the opening of the season are calcu-
lated to sustain prices, and there is
little prospect Of return to the low
quotations of preceding years of bump.
er production. Spot prices for old crop
oats are still abnormal, vet September
options may be purchased 50 per cent
cheaper. Exports of wheat, including
-four, from all ports of the United
States We're 3.676,939 bushels for the
last week, decline from the record
breaking outgo of 6,953.3S7 bushels a
year ago. but an increase over recent
weeks. The movement of corn is still
light, western receipts for the week
to only 1.612G45 bushels
against 2,456,703 a year ago, while
Atlantic exports were G5,S12 bushels
with 7OO,317 in 1901.
Dealings in railway securities fell off
materially, the weeks total sales
scarcely exceeding the transactions n
1ear ago. There was little outside in.
crest, but manipulation and pool on.
,rations were conspicuous. The coal
stocks have begun to share the general
ADVANCE of recent weeks, and it is 70.
narkable that three months of unnro.
luctive mines failed to cause anv
Weakness Ease in the money mark Of
las continued despite the loss in sur.
'lus reserves of the associated hanks
lue to gold exports and incraa sod
oans. Aside from a small Simmer,
N special operation the outeo of
'old received decided check Francs
|eclining in response to the sharn riso
n sterling rates at Paris. Nationa1
'ank resources have attained a now,
Ugh record above $4,000. ooO GOO With
leposits of half that sum. Foreicn
commerce at this port is still less 60
'orable than in the same weet ,as+
ear, exports declining S3775 500
While imports increased slightly ''
Failures for the week numhoroa ,oo
n the United States against ia ,a s
ear and IA in Canada against o. y
ear ago. u
a Hanging In Ch,o