Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1902-09-24
| New York.

New YORK. greater than at any recent
l-----------ldate. Many new factories
and mills have been added TO the pro-
ductive capacity. facilities are being in
creased at old plants, and idle shops re-
sumed through the settlement of labor
controversies. A coke blockade still ex-
ISIS, the railways being unable to handle
the output, which is above all records and
in urgent request. Despite the rapid de-
yelopment of transportation facilities the
nations needs have grown still faster
and the situation is distressing for ship
pers and consumers. Large crops are
being harvested and the greater abun-
dance of foodstuffs caused a decline in
prices of commodities during August of
30 per cent, as measured by Dun's index
number. Retail trade is large, with a
bright outlook for the future in iobbing
and wholesale business. There are few
of the cancellations SC numerous at this
time last year, while collections are i'm
proving. An advance of 229 per cent
in bank exchanges at New York over the
same week last year cannot be explained
by speculation. as dealings in stocks were
also heavy in 1901. Railway earnings in
August exceeded last years by Al per
cent and those of 1900 by 1871 per cent"
Il. G. Dun & Co.'S Weekly Review of
Trade makes the foregoing summary.
Continuing, the review says;
Although the weekly capacity of pig
iron furnaces in blast on Sept. l was re-
ported as $50. 1S9 tons by the Iron Age,
it has since been appreciably curtailed
by the inadequate supply of fuel, on
which account numerous furnaces were
hlaun oT1t ar nt faosF laui-ad g pOn-
sumptiye requirements are increasing it
is necessary to place orders abroad more
extensively, and in some cases, the entire
output of foreign plants has been secured.
Not only raw material but biilet= and
even rails are sought in other markets,
German mills offering the best terms Ill
most cases. Heavy importations have
prevented further advance in quotations,
but domestic producers have a ready mar
ket for their output. contracts still rum
ming far into the future. Railways are
in great need of new locomotives and
other equipment.
New England producers of boots and
shoes are insisting on full prices, and
some grades that were slow to respond
are now sharing the improvement. No
sign Of weakness is seen in leather some
StIttt4uuS llsluS sim HioIts pdI lltuldlig
the better grades of sole and betting
butts Slight reactions have occurred in
some packer and country hides, but most
lines are still firmly held Liberal receipts
have not depressed foreign dry hides.
Textile mills are well occupied, with
prices sustained in all cases. AMI moder-
ate advances in some cotton goods, which
are in demand for quick delivery. With
the completion of early orders there has
come quiet market for woolens and
worsteds, but mills have large contracts
ON hand.
Low stocks of wheat and poor grading
of receipts, together with fears of frost
in corn sections. sustained quotations
when a decline would have been immi-
nent if full confidence were placed in Off
cial returns of condition.
Failures for the week numbered 205
in the United States, against 1913 last
year, and % in Canada, against IS a
year ago.
Grain and Flour Exports.