Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-03-03

Comment BY Dun's Review On the ! !.
"a Business Of the Week. F'fi
lnsumcient Motive Power and Bad
! Weather Restrict Movement Of
Coke, and Production Of Iron
and steel Suffers.

New York, March 1.-R. G. Dun &
Co.'s weekly review Of trade says:
Although the shortest month in the
year was further curtailed by two holt
lays and Handicapped by the most Sc
we're storms Of the winter, Industrial
and trade results were most satisfac-
tory. The closing week brought gen.
eral resumption of activity in lines
that suffered from the weather, and
preparation for an exceptionally heavy
spring business was reported at many
points, southern cities alone being
backward. Voluntary advances in
wages indicate the better position of
many mills, while few new controver-
sizes were reported. Crop prospects are
considered encouraging in so far as
anything can be learned at this time.
Insufficient motive power and bad
weather combined to restrict the move
ment OF coke from Connellsville, and
pig iron production suffers at time
when a maximum output would not be
excessive. This difficulty extends all
ilong the line. retarding operations up
o the finished steel product. Pressure
Tor structural material is already Sc
gere and will probably be still more SO
Is the regular building season draws
learer. Further hardening of quota
ions is reported. and inquiries for de-
livery in 1908 are not exceptional. Re-
cent heavy purchases of pig iron for
the latter half of the year have salts
fed the needs of many consumers,
and there is less anxiety regarding de-
liveries. More foreign steel has been
engaged. and domestic concerns are
still bidding in the German market.
The Cereal Market.
Cereals opened the week with de-
cided reaction. Statistics of supplies
and movement were not satisfactory
to speculative holders, storms had in
terrupted communication and restrict
ed new operations, crop news was gem
orally satisfactory, and foreign pur-
chasers were less interested. AS usu-
al, speculative liquidation carried the
decline too far, and there followed the
customary recovery. Wheat came in
to sight rather more freely than year
ago. and the Atlantic shipment of -four
made better comparison than in re-
cent preceding weeks. but total ex-
ports of wheat from the United States,
flour included. were but 3, 1S5O32 bush
els against 4.249 bushels year
ago Corn showed the customary loss
in both movements, receipts amounting
to only 2,312.Gi4 bushels against 4.849,-
1888 last year, willie Atlantic coast ship
ments were 1869 bushels compared
1yith '3,421 ,GS2 i'm the same week of
1901. III ,-t' t-f
Cotton ruled fairly steady at the re-
cent advance. which attracted more
liberal marketing at the south. but
supplies in first hands are reported
very low. Domestic spinners are con-
suming freely. and exports largely ex-
coed last years to date. Wool has been
taken less freely by mills, but dealers
show no lack of confidence in the fu-
ture of that staple. Coffee has sold
within three-sXteenths of the lowest
price ever recorded, which is not sur
prising in view of the unprecedented
Brazil receipts.
Failures for the week numbered 215
in the United States against 179 last
year and b in Canada against 81 last
year.