Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-05-24
THE STATE OF TRADE
Comment by Dun's Review on the
Business of the Week.
EFFECT OF MINERS STRIKE.
Decreased Distribution of Merchan-
disc VIII Result IL the Trouble
Is PrOtracted - Condition of
Metal and Cereal Markets.

new YIN, may VI ADuH ~
Co.'S weekly review of trade says:
Many minor labor controversies have
been settled. but the situation in the
anthracite coal region has assumed a
more serious aspect Far from making
ovcrtures toward an agreement, both
sides are preparing for n stubborn
struggle The next crisis will occur Oh
June ,. when pump forces will stop
work unless their demands are granted
Not only the miners but most railway
and mercantile employees in the vicin
ity of the mines are idle. and manu-
featuring plants at other points using
hard coal for fuel must soon suspend
| operations. Such a loss in the pur-
| chasing power of Il vast army of con,
sumcrs will be reflected in decreased
distribution of merchandise if contn-
ned for any length of time. In bright
contrast to this adverse influence is the
progress made in agricultural regions.
| where bad news is the exception.
| No change is reported in the iron and
| steel situation. former conditions mere
| ~ becoming intensified by the threaten
| ed decrease in supplies of fuel and the
| labor controversies in certain branches
of the industry. With stocks utterly
inadequate to meet requirements. it
does not help matters to curtal produc-
ton. Yet this seems una voidable. for
the increase in coke output to the great
est tonnage ever reported cannot make
up for the loss of anthracite coal.
New business is extremely limited
at the leading centers, not through
any lack of demand, but because man
utacturers hesitate to accept contracts
which they may be unable to carry
out. The railways are seeking rails
rolling stock and other eGulDme1,t.
while contractors require much struc-
tural material. This business is usu-
ally accepted on condition that deliv-
cries may run into next year. Impor-
tatlons have expended. and in some
cases receipts from abroad are so poor !
In quality that they would be rejected |
II needs were less urgent Quotations |
are fully maintained, with no indica-
ton OF concessions, but general OK
higher.
The Cereal Markets.
Quiet conditions have prevailed in
the cereal markets, with only mod
crate volume of option transactions
and fractional changes in quotation.
Owing to the strong statistical position
and prospect of light receipts during
the remainder of the Old crop year
there is little expectation of any eX-
tenSive decline in prices, while the ia
vorable outlook for the new yield pre-
vents any general advance. Exports
Of wheat, including -four. were only |
) SG3.oGS bushels during the past week
from all ports of the United States
l2ainst o,22I, 1870 bushels in the CORE
spending week last year, but it is no
iced that foreign purchasers are ac-
i've whenever the domestic market
shows any cnSer tendency.
Small receipts of corn. amounting to
'nlv 1.2i3. ISIS bushels for the week !
gainst 1867 ,O42 a year ago, held the l
pot price at about 10 cents despite At Q
antic exports Of only S7.401 bushels '
ompared with 1.G3GS99 last year and s
,:'34613 two years ago. Dispatches e
rom correspondents of II. G. Dun & s.
o. Indicate satisfactory progress with
ne new corn crop and a material in
rease in acreage. After falling half a o
'nt below the best price of the season !:
otton partially recovered on small 1
ort receipts. although prospects for I.
lie next crop distinctly improved. h
Slight concessions are now obtaina- n
lie in some lines of footwear. although
he market, as rule, is fairly steady. D
ut dull. New England factories are p
Ut running full time except on special sc
mes, and buyers look for concessions pl
om manufacturers who may reduce
ices rather than close shops Shin
ents from Boston continue light when
impaired with the movement a year tt
20, which was averaging about 1OO.- T.
NJ cases weekly. Local jobbers COM ell
ain OF the cool weather that DELAYS M
ade in low shoes. Sr
Failures for the week numbered 1872 tie
the United States against $50 last an
ar and II in Canada against % last ar
ar. Of
Preferred Death to Poor Health.
Little Valley, N. w. May "a. William, -.
Peaslee prosperous cheese factory -.
7ner and farmer residing at Napoli AIS
S committed suicide by hanging him r., i.
# in the loft of his barn. He had o on
EN- in poor health for some time. ~
Senator Dryden III, "o
Newark, N. j., May 24.-United States al
major DRYDEN is snfforinn fua,,s '"'eS ROT