Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1902-04-29

New YOTk. been potent for good dutl
L----i ing the past week. Retail
distribution was greatly accelerated
which in turn enlarged johbing ;radd
and brought more pressure on mamfaei
turers for prompt shipment; Agriculture
work was facilitated and building oper
lions made rapid progress; traffic iia
creased at the interior as the conditio
of country roads improved, which mas
collections better. Some labor contros
Versles were settled and others wes
aNerted. Complaints are still heard re-
sarding tardy deliveries. hut freight IS
less congested, and business has iucreas5
ed to the extent of go per cent. largell
railway earnings for April thus far than
last year, and 1863 per cent over 1900, 4
according TO X. q. Dun & Co.'S WecklHs
Review of Trade. Continuing, the report
says:
Quotations of iron and steel cannot
vet be considered inflated, hut the MARI
ket Is following natural course. despite.
the Efforts of leading interests to main
tain q conservative position. Supply an.s
demenG must in the long run govern
prices, and in this industry needs ar,
greater than available stocks. although
productive capacity has largely expands
ed
Pressure for pig iron is very great
but furnace men have contracted ford
their ontput far into the future, and.
consumers who want prompt delivery are.
willing 10 pay premiums. Similarly as
TO steel rails, the regular price of SIS.
has become nominal on current business
an advance of So a ton being readihl
paid for immediate delivery. This Is es-
pecially noticeable on urgent trolley conf
structloS Specifications for new bund-
ings promise abundant additional con4
tracts for structural material, white
some mills have already sold their entite|
output for 1902. Machinery and hard
ware lilies share in the exceptional ac-I
tivity, and are doing a brisk export bust.
ness in spite of high prices.
Gotten goods have not followed the
fluctuations in the raw material, all
though its strength has contributed to
the steadinesS of the finished product
The lecture of the week was the in
creased inquiry for export, and mills ca
tering to this trade are sold far into the
autumn, In the domestic trade many
bids slightly below ruling prices we're
not considered, and it is evident that
supplies are in strong hands. Deliveries
are being made more promptly, yet ,here
is no fear of accumulation.
Wooden goods are in less urgent de-
mand, purchasers having secured most
of the cloth which the American com
pany was unable to furnish owing to the
strike. Buying of dress goods has de-
creased and jobbers are beginning 10 60
out with fall lines.
Footwear shipments from Boston
have decreased, but jobbers are placnc
orders for fall and the shops are fairly
well occupied. Shoe manufacturers are
buying leather more freely, holding prices
fairly steady, except for hemlock sole,
which lost half cent.
Gram and meats have Continued very
strong. There was some logical expla-
nation of the advance in corn, interior
receipts falling to S5T 200 bushels for the
week, while Atlantic exports rose to
3S4 COB bushels, an unusually large total
Tor recent times, although small by com
parison with the corresponding week in
preceding years. Wheat vas sustained
by exports from all ports of 4,4SI.3 3D.
bushels, flour included, against 4,6I3,S0tl
year ago.
Cotton attained higher price, South-l
Urn markets leading the advance on de
lrcasing port receipts and good demand
from spinners. Sugar and coffee bavc
been notably weak. the latter falling tot
within sixteenth of the bottom record.
"Faimrcs for the week numbered 26lI
in the United States against BOG last
year, and n in Canada, against u Al
year ago
Bradstroet's says: Nothing like the
present activity in building is recalled
for ut least a decade past and lumberI
and kindred materials are very active att
most markets Ii has been weather.
market for the cereals, with the general
tendency upward on poor crop reports
from the Southwest and light receipts
The imposition of the export duties hyl
thC British government had only mo-
mentary effect here. This country sup
plies two-thir,ls OF the United Kingdoms
takings of leading cereals. Corn and oats
have advanced. partly in sympathy with
the premier cereal and partly because OF
continued light receipts, and despite the
reports that the bull syndicate has liqni~
dated on the recent advance.
Tho scarcity of pig iron improves the
demand for scrap material, sales OF
which have been large. The carriage of
lake ore this year is estimated at 22,000- /.
600 tons. the transportation Of 10 per
cent Of which has been already arranged
for. Hardware is in very active de-