The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-11-01
PENDING
ELECTIONS
Speculation Waits but Bust
ness Otherwise Is Good.
ACTIVITY IN INDUSTRIES
Has Been Excellent Since
Strike Was Settled.

New York. Oct a--R. c. Dunn & Co. 5
weekly statement tomorrow win say:
Speculation awaits on politics. but legi-
innate business is not disturbed by the
approaching elections. New labor contro-
versies have been promptly settled by
advancing wages and the gradual in
provement in supply OF coal has reduced
prices and restored activity in nanufac-
turing. Complaints are increasing as 20
the tardy movements OF freight. miles OF
cars being stalled by the lack Of motive
power and many roads refuse TO accept
further shipments until the bIockades are
relieved. Lower temperatures has stirn-
ulated retail sales of.seasonable merchan-
disc, but frost comes too late TO seriously
inlure agricultural products. Liberal con-
Sumption sustains quotations In most
lines, domestic lines being supplemented
BY many cases 10 such a degree that net
earnings are somewhat curtaned. but
gross earnings for October thus far ex-
coed last year by A. per cent and those
canoe is attached 10 the announcement
that the Frick company viii not advance
next years price for coke above s.
Although mis- is in line with other con-
sentative efforts Of leading interests TO
prevent inflated prices. the probable in
huence on the outside market viii not be
great as the bulk of output will go TO the
various plants OF the United States Steel
corporation Meanwhile sales are being
made at SIS III extreme cases and the
scarcity has closed more blast furnaces.
The future course OF the iron and steel
industry Will De largely influenced by this
fuel shortage. much business being per
manently lost TO home producers and
prices in some departments already show
the effect OF disorganfzed conditions.
Railway needs have not diminished, num-
erous large orders constantly appeared.
while the pressure for locomotives is caus-
ing large premiums to be offered Struc-
tural shares for bridge and ship building
are next in point OF urgent demand
Agreement on the tin plate wage scale
may secure 4 lot OF business that now
goes out OF the country and some reduc-
ton in prices is expected.
Wire nails are also cheaper. but as a
rule quotations are Wen maintained.
New England shoe manufacturers are
receiving additional orders at fully sgs-
tanned quotations and many shops are as
sured OF fun occupation wen into Janu-
airy. Supplementary orders for winter
goods have decreased. indicating that
wants win be supplied when shipments
are made and producers are pushing de-
hverIes IN order TO make inventories
Leather is in better demand with prices
hrmer- More interest has been shown IN
Chicago packer hides at recently reduced
prices. but the average OF all grades is
again lower Conditions al the cotton
mills are healthy. as scarcity OF goods
being general. while there Is no dIsposi-
ton 10 force a transaction. 1t Is early
for supplementary buying or spring
wooden goods and fan trade Is finished.
50 that these divisions Of the market are
naturally quiet. Raw wool is very firm az
the leading eastern markets which are
shipping freely 10 the mills. Failures
for the week numbered 233 in the United
States. against 1sl last year. and twenty
two in Canada. compared with twenty
one year aga"