Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1903-05-30
CASE OF WAIT.
Crop, Labor and Price Devel-
opinents Are Wanted
To Determine Next Move in Great
Wholesale Trade Circles.
After Those Things Are Settled Every
Thing Will Be Serene.

r New York. May 29.-Bradstreets,. Nd
morrow. will say: Wholesale trade
awaits CROP, labor and price develop
ments. 100 mucfr rain is reported for
western crops but particularly TO- com,
the planting of which is still delayed
southwestern damage reports are noted
IN winter Wheat and a further shading
OF estimates of yield of this crop is in
order. Spring wheat conditions, how
ever. are practically perfect and a
record breaking yield of wheat is still
in sight Winter wheat harvesting has
begun in Texas and large yield is in
diCsited
The drouth in the middle Atlantic
states has been partially relieved but
New York and New England still suffer
for rain. Unscttlement still character
ICES the labor situation. Close to l00,-
600 men are idle in and near the Me
troDolis as the result of the practical
suspension of work in the building and
allied trades. The demand for 81
hour week in the textile trades Of Phil
adelphia affects nearly 100000 men, but
there is a reported disposition on the
part of many of the manufacturers t.
grJnt this concession.
Building trades in other cities are
also hampered by labor troubles.
The impression, also, that . large
number are idle, owing to shut downs
of cotton mills caused by the high price
of cotton is shown to be incorrect. Re
port to Bradstreets prove that not more
than 1000 employees have 50 far been
affected. AS to the future, however,
while the mills are fairly well provided
with cotton, goods prices in the manu-
featured branch of the industry indi
cate that further shut downs arc not
impossible. A general strike Of paper
mills employees is still talked Of.
The outlook as to the country's cx-
port trade is by no means depressing.
Exports of manufactured goods for the
month of April were only twice exceed
cd In the country's history.
Cotton goods manufacturers have met
the advance in the raw material of
nearly 2i9 cents per pound with adj
vanceS in blcachcd cottons and ging
hams Buyers, however, are slow to
take hold at The higher prices.
A rather better movement in mems
wear woOlcns is noted at the East, but
Worstcds are slow. WOmcns dress
woolens are firm OH a steady business
and the raw material is also firm, but
as supplies to select from arc limited
the quotations are largely nominal.
Wheat. including flour. exports for
the week aggregate 4,677,G1S bushels
against 5,293,373 last week; 39o0,645 this
week. last year.
Corn exports aggregate lib l3J
bushels against Sl4,1S last week and
T1.47S bushels a year ago. For the fiscal
year exports are 61,G35,Sil bushels
against $500. 591 last season.
Business failures for the week, mum
Der Isl. against loo last week, 1853 in the
like week of 1902.
Canadian trade continues to improve.
Toronto reports more activity in whole
sale lines while warmer weather has
lead to increased demand from retail
crs. Sales of cotton as well as wooden
goods are ahead of those of last year,
and prices show increased firmncss.
Country remittances are moderately
good. Crop conditions are much i'm
proved as result of recent rains dur
ing the past week. Wholesale trade at
Montreal shows recovery from the eff
fccts of strikes and general trade is
much ahead of last and previous years.
Warmer weather stimulates retail
trade. Payments, however, are net up
to expectations.
In Manitoba business continues ac-
tive. Wheat seeding is finished and {,
goodly increase in the crop is expected.
Recent rains have improved crop con-
ditions large fall trade is looked for. In
British Columbia trade has been fairly
active for the season and payments
have been we'll up to expectations.
Business failures for the week num-
Der 16 as comnarcd with 10 last week
and s in the corresponding week last
year.