Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1903-06-09
| Ner York. | hav.

Aef YORK have improved, particular
--I ~ as regards the great sta
pies, although considerable losses have
occurred in garden truck and other minor
farm products AT the East owing TO
drought. Labor controversies are still
the most disturbing factors in the situa-
ton, and II is difficult to anticipate how
far distribution of merchandise viii be
affected. Structural material of MI kinds
is moving slowly because of strikes in the
building trades, which are now exercising
more widespread influence than other dis
agreements. At the East the trade situa-
ton is satisfactory as a rule Railway
earnings thus Ear reported for May were
12.S per cent larger than last year and
surpassed those of 1901 by $50 per
cent" according to II. G. Dun q Co. :
Weekly Review of Trade. Continuing,
the report says:
After many weeks of discussion the
expected transaction in pig iron was com
pleted, involving heavier tonnage than
was generally anticipated and showing
but small decline in price Consider
ing the improved conditions as TO fuel
and transportation. the magnitude of the
contract and the ample time in which to
make deliveries. $l9.35 at Pittsburg, was
by no means a low price Some decline
was to be expected, and only by read
justment of quotations can this industry
maintain the activity for which enlarged
facilities provide.
Demands for steel rails have again be-
come urgent particularly from trolley
roads, and the rail mills that have been
making billets will resume their regular
business next week As practically all
this years output has been sold. the ques-
ton of quotations in 1904 is under con-
siderati0n. Structural steel is still adj
versely affected by labor disagreements
in the building trades, but in the iron
and steel industry there have been mum
erous settlements and few serious con-
ilictS are in progress. Under the new
tin plate scale an increased output is
provided, and the mills are fully occu-
pied with large orders on hand. Never
theless, tin declined through liquidation
at London.
Nominally, the average Of quotations
for cotton goods is higher than a week
ago, but actually the situation is scarcely
altered. An artificial situation exists as
to cotton goods that is complicated by
labor controversies and the weather The
very slight Improvement in mems wear
woolens and worsteds is not consistent
with reports of good business in fall
clothing.
Failures this week numbered BOG in
the United States, against 1914 last year,
and Z in Canada, compared with 20 a
year ago.
Bradstreet's Trade Review.
Wholesale trade awaits crop, labor
and price developments. Too much rain
is reported for western crops, but par
ticularly for corn, the planting of which
is still delayed The tendency toward
reimbursement of prices Of iron is shown
in the reduction of - to 80 cents per ton
at seaboard markets. Large buyers at
Chicago say they will take hold at CON
cessions.
The outlook as to the country's export
trade is by no means depressing. Elk
ports of manufactured goods for the
month of April were only twice exceeded
in the country's history.
Wheat, including -four exports for the
week ending May 2S aggregate 4,GI7,67S
bushels, against 5,293,373 last year, g.
900.G45 in this week last year and f. 1885,
$40 in 1901 Wheat exports since July
aggregate 205,511,S10 bushels, against
233, 424, $40 last season and 1913. 1856 990
in 1900 Corn exports aggregate 1,179,-
100 bushels, against 1874. 1S4 last year,
T1,4SS year ago and 2.037 CAB in 1901.
For the fiscal year exports are 81 ,436,-
S41 bushels against 25.900,597 last sea-
son and 165, 1879, l07 in 1901.