Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1902-04-26
| New York.

NUN IUlk. been potent for good dur
ing the past week. Retail
distribution was greatly accelerated,
which IN turn enlarged jobbing trade
and brought more pressure manufac-
| turers for prompt shipment; agricultural
work was facilitated and building opera
lions made rapid progress: traffic in
| creased at the interior as the condition
OF country roads improved, which made
| collections better. Some labor contro-
Versles We're settled and others were
aYerted. Complaints are still heard re-
garding tardy deliveries, but freight is
less congested, and business has increas-
ed to the extent of 60 per cent, larger
railway earnings for April thus far than
last year, and 1863 per cent over 1900"
according to L. @. Dun & Co.'s Weekly
REVIEW OF Trade. Continuing, the report
says:
Quotations of iron and steel cannot
yet be considered inflated, but the mar
ket is following natural course. despite
the efforts Of leading interests to main
tam a conservative position. Supply and
demand must in the long run govern
prices, and in this industry needs are
greater than available stocks. although
productive capacity has largely expand
ed
Pressure for pig iron is very great
but furnace men have contracted for
their output far into the future, and
| consumers who want prompt delivery are
willing to 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 readily
paid for immediate delivery. This is es-
pecially noticeable on urgent trolley con-
structiOn. Specifications for new build
ings promise abundant additional con
tracts for structural material while
some mills have already sold their entire
output for 1902. Machinery and hard
ware lines share in the exceptional ac-,
tlyity, and are doing Il brisk export ousi-
ness in spite of high prices.
Cotton goods have not followed the
fluctuations in the raw material. al
though its strength has contributed to
the steadinesS of the finished product.
The feature of the week was the in
creased inquiry for export, and mills
tering to this trade are sold far into the
autumn. In the domestic trade many
bids slightly below ruling prices We're
supplies are in strong hands. Deliveries
are being made more promptly, yet there
is no fear of accumulation.
''Woolen goods are III 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 to go
out with fall lines.
Footwear shipments from Boston
have decreased, but jobbers are placing
orders for fall and the shops are fairly
we'll occupied. Shoe manufacturers are
buying leather more freely holding prices
fairly steady, except for hemlock sole,
which lost half cent.
Grain and meats have continued very
| strong. There was some logical eXpla-
nation of the advance in corn, interior
receipts falling to S57 900 bushels for the
week while Atlantic exports rose to
| 3S4 COB bushels, an unusually large total
for recent times. although small by COM
| parison with the corresponding week in
preceding years. Wheat was sustained
| by exports from all ports of 4,4S0,3o2
bushels, flour included, against 4 ,613,S9l
a year ago.
Cotton attained higher price, South
ern markets leading the advance on de-
creasing port receipts and a good demand
from spinners. Sugar and coffee have
been notably weak, the latter falling to
within g sixteenth of the bottom record.
Failures for the week numbered 261
in the United States, against 206 last
year, and II in Canada, against u a