The Barre daily times. (Barre, Vt.) 1897-1959, 1903-09-14
THE STATE
OF TRADE
Comment by Dun's Review on the
Business of the Week.
LABOR DISPUTES DECREASE.
Dizziness In the Metal Industry--One
More Week of Favorable weather
and Corn VIII BE safe-The
Weeks Failures.

wees AAAANAEAs
New York, Sept. 12.-R. G. Dun &
Co.'S weekly review Of trade says
Despite the interruption Of a holiday
the week has brought increased activ-
lty in many branches Of business, al
though. dullness continued in Wall
street and the international markets
were depressed By the trouble at Bel
rut. An encouraging. symptom is the
decreased complaint regarding collec.
tons, accompanied by more discount
Ing Of bills. Weather conditions have
been favorable for retail trade, dlstri
lbution of merchandise expanding
while there are frequent reports Of
larger jobbing fall business than last
year
Some caution in selecting goods ON
Ing TO high prices is reported at the
west, but this is chiefly confined to tex.
tiles. New ventures are still discour.
aged by the high rates for money, re.
lief In this respect being improbable
until the crops are marketed and inan-
eial conditions become more settled
Labor disputes decrease, all but one Of
4 the unions having signed the. agree
ment in the local building trades, and
several other settlements have been
effected through concessions by both
sides. Industrial success will be ais.
sured If the advice Of Labor day
speeches is followed-tha labor and
capital keep step in the march Of ma
tional progress Railway earnings in
August were o. per cent larger than
last year and 1874 per cent greater
than in 1901. Owing to the lateness Of
the crops there Is little complaint Of
traffic congestion
On Sept i, for the first time this
year, furnace stocks Of pig iron ex-
ceeded a weeks capacity Of the fur
naees in blast. This is statistical evil
i dence Of the quiet conditions now pre-
1 vailing IN the iron and steel industry
although the exact situation cannot
be determined without a knowledge Of
the supplies at other points Furnace
stocks have doubled since June /, YET
the weekly output is now about 10000
tons less than at that date. These fig
ures explain the reductions in prices
Whether owing to.a permanent reac
| ton OF merely temporary check as
lis generally believed the figures Just
published by the Iron Age are signiti
cant
Pig Iron Production.
/ Production of pig iron on Sept. | was
at the rate Of 870,S3S tons weekly
against 362,330 d month earlier, NOR.
furnaces having resumed during All
gust than were blown out. The out
put last month was 16l6,643 tons, !
slight gain over July, but considera
| bic decrease compared with the higl
record Of 100. 966 tons in May. Fur
mace stocks were 400.0S9 tons on Sept
| j against $40, 463 on Aug. / and to-, "a.
four months ago. Prices of southern
foundry iron have again declined weak
ening the tone and delaying tie plae
| ing of contracts elsewhere. Agricul
tural implement makers have agar
purchased freely of materials, sons
glow steel contracts covering deliveries
for Ave years. It Is worthy Of not'
that the lower prices have not been ac
eompanied by reductions in wages par
ticularly at the Connellsville coke ovens
but a certain proportion Of men in tbs
mills and furnaces are idle.
Another week of fairly good con
| ditions win put much Of the corn be
| yond danger, ana it is probable that i
total production Of 2,00o0O0,0o0 bush
els will be sufficient. Preparations ia
the new winter wheat crop already
promise a large acreage. Western re
ceipts OF wheat exceed the correspond
ing period last year for the first tim
this season. 9.093,5 $50 bushels compar
Ing with 6,95T. PCS. Total exports from
the United States, -four included
amounted to only 2.490,2T3 bushel
against 4.36S701 last year. Interio
arrivals Of corn were 4263,242 bushels
compared with 1898 year ago
and Atlantic coast exports We're 434,9f
bushels against Ss,24s in 1902
Liabilities of commercial failure
! during the first week Of Septembe
aggregated ST Oh ,0O7 Of which Ss6i
4S1 were in manufacturing, Sl049S3
In trading and 1882 in other com
mercial lines. Failures this week wer
172 in the United States against 20
last year, and 10 in Canada compares
t with % year ago.
.