The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1903-06-04
! New York. |


business world UnseasOnaby high tenn
perature at many points, especially in the
East, stimulated retail trade in wearing
apparel and other summer merchandise
10 an unusual degree, but had most un-
satisfactory effect upon vegetation, which
was promptly reflected in diminished or
1ers for supplies. and in some cases
there were cancellations. More con-
servatism was also shown at the interior,
where agricultural progress met with
check, and, while no serious injury to
the great staple crops is yet reported,
the delay to planting induces caution
among Dealers" according to X. II. Dun
& Co.'S Weekly Review of Trade. Con-
tinuing, the report says:
On the whole there are fewer wage
.arners voluntarily idle, yet the spirit of
unrest has caused the abandonment OF
some new enterprises and postponement
Of others. which means less demand for
structural materials and labor. Pay
uents are also less prompt, time often
being asked where formerly cash trans
actions for slight discount were the
rule. Aside from these two adverse fac
tors the trade situation is favorable. and
with average weather and industrial
peace there is every prospect of contin-
ued prosperity throughout the country.
Manufacturing plants are generally well
occupied, especially in footwear, iron and
steel. Traffic on the railways is heavy,
earnings thus far reported for May ex-
ceeding last years by 1876 per cent and
surprising 1901 by 25.7 per cent.
Readjustment in prices of iron and
hat l1x-
suming normal conditions. There is no
evidence of diminished activity as yet,
and in many cases prompt deliveries are
urged. but as the increased capacity
brings plants nearer their orders buyers
are naturally less eager to place con-
tracts. The fact that some concessions
have been made in quotations tends to
postpone business, prospective buyers
waiting for still more favorable terms.
Advances of about 5 per cent in wide
,heetings indicate that the cotton goods
market is beginning to respond to the
higher raw material. A still more en-
couraging sign is the greater interest dis
played by purchasers. Warm weather
stimulates activity in wash goods for
quick delivery. Print cloths are firmer,
and while there is no demand for regu-
lars, odd goods are sought freely. Re
duced output of worsteds has strength
ened the tone, and the recent advanced
prices for carpets have not prevented
large transactions.
Failures this week are 191 in the
United States, against 1872 last year, and
IA in Canada, compared with u year
ago.
Bradsfreet's Trade Review.
While underlying conditions have i'm
proved as a whole, there is still room
for betterment in weather, crop and labor
matters. Railway earnings are as good
as ever reported. Gross receipts for the
first half of May indicate IA per cent
increase over last year, while net returns
for March show the significant. increase
of 16 per cent in net on a correspond
Ing increase in gross. Some OF the less
favorably situated trades are lumber,
which notes the effect of the building
trade labor troubles; silk manufacturing
at Paterson, which is slack at present,
and mems wear woolens, which are still
halting as regards fall orders.
Wheat, including flour, exports for the
week ending May 81 aggregate 5,293,373
bushels. against 4,097,59 last week,
5.1S4, $50 this week last year and 4,796,-
0S4 in 1901. Wheat exports since July
l aggregate 200, ,S94, ,132 bushels, against
229, ,524 POI last season and 1S9, ,71S,O25
In 1900. Corn exports aggregate 1874
1876 bushels, against 1,431,2 ,257 last week,
pO,969 a year ago and 2,2O4, ,9O2 in 1901.
For the fiscal year exports are 6O,257, ,102
bushels, against 25,S29, ,119 last season
and 163, 131, ,764 in 1901.