Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1903-08-04
New York.

| The tenor of the dis
h6N IOTk. patches from nearly every
N--J section of the country indi-
! Gates that there is less than the custom
airy midsummer dullness in business. and
collections are more promptly met than
usual. y large proportion of the unions
nave signed working agreement with
the employers in the building trades of
this city, and fully one-half the men have
| returned TO work. Earnings of RAILWAYS
reported for July exceed last year's nv
1919 per cent, and those of 1901 nv % >
per cent Farm work still rerards re,ail
| distribution of merch andse in western
sections Foreign trade at this nor. for
the past week shows gain of S.. 5tia. 600
in value of imports as compared with
the same week last year, while exports
decreased $500 OBJ" according to r. G.
Dun x Co.'S Weekly Review of Trade.
Continuing, the report says:
GOOD news as TO the progress being
made toward settlement of labor disputes
was neutralized by the decline in Securj-
Ties IN so far as the iron and steel in
dustry Is concerned. There were many
indications that the interruptions from
strikes would be less frequent in the i'm
mediate future, and there was general
disposition to fully sustain prices. But
the heavy liquidation and new low rec
ord prices for steel issues had muca in
tiuence on conditions in the actual bush
ness.
Nearly half million tons of steel rails
have been ordered for next years deliv-
cry, and other heavy steel shapes are
attracting close attention. The trade
VIII benefit by the greater stability of
prices secured through the revival of
the billet pool Bessemer has steadied.
bringing out new orders, hut there are
still evidences Of weakness in other
classes of pig iron. General resumption
of structural work in New York is The
most important element in the steel in
dustry at present
The unexpected happened in the mar
ket for woolens 1t was confidently be-
lieved that new lines of staple piece
dyed goods would be opened M fully
maintained quotations. but the American
Woolen Company reduced prices to about
the same level as existed a year ago. de-
spite the material increase in raw wool
and several other items in the cost Of
production. The cut was evidently made
to secure business rather than because
Of any weakness in the market
Bradstreet's Trade Review.
Stock market liquidation at tho ex-
pense of indus,rialS affects sentiment and
ignores but does not conceal improve
ment in the corn and cotton crops. a
change for the better in industrial con-
ditions at New York and other disturbed
centers and a continued cheerful feeling
In western and southwestern trade cir
cles. The markets for the cereals also
reflect selling, but here the moving fea-
ture is the good crop advices at home
and abroad and the pressure of the rx-
cellent quality of the new wheat arriv-
ais.
Wheat, including -four exports for the
week aggregate 2,TS1,06S bushels.
against 1862, 7S4 last week and $3.50. 800
bushels last year. Fer three weeks of
the cereal year they aggregate S.S15. 49,
bushels, against l., 16O306 in 1902. Corn
exports for the week aggregate 1901, 33S
bushels, against 1.402, 404 last week and
1861 bushels year ago. For three
weeks of the present cereal year they
aggregate 4,42S S26 bushels, against $685.
421 in 1902