Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1903-07-14
| New York.

! IL 49, Il new fiscal year has
! nv IUlk commenced under more
I-----I favorable auspices than APP
I peared possible short time ago, the inn
provement being due in no small measure
TO the greater conservatism that was
an outgrowth of unsettled conditions.
/ Seasonable weather has also contributed
TO the better distribution of merchan-
disc, besides encouraging buoyant senti-
ment in the agricultural districts. Rail
way earnings and output of pig iron
were larger, while insolvencies were few
er. Earnings of railways thus far re-
ported for June surpass last years hy
10 per CEN and those of 1901 by 1914
per cent" according to r. G.. Dun &
Co.'s Weekly Review of Trade. Con
| tinuing, the report says;
More inquiries for pig iron have an
peared, and although the actual con
tracts are for comparatively small GUAM
titles, the tone is distinctly better BeS-
semer iron is not offered for the third
quarter by the association and orders
accepted for early delivery are taken by
middlemen who have stocks on hand.
The situation has been complicated dur
ing the past week by the strike of coal
miners in Alabama, which threatens TO
restrict output of Southern iron.
May Help Business.
In so far as quotations are concerned,
this is a strengthening factor. and is also
calculated to bring out considerable bust
ness that is being held back in expecta-
ton of better terms. Steel rails are still
the best feature in the market for finish
ed products; fully 100000 tons are now
booked for next years delivery, and many
orders for 1903 will be carried over.
Structural material moves freely. consid-
ering the labor situation in the building
trades, while there is notable activity in
bars, and especially for agricultural inn
plements and machinery works.
Footwear manufacturers in New Eng
land have received liberal supplement-
airy orders for fail shoes from eastern
yobbers, in addition to a fair supply of
contracts already on hand. A quiet sea-
son in the leather market has produced
small concessions in prices of hemlock
sole and oak betting butts, while harness
leather is now the most active feature
Both domestic and foreign hides average
small fraction lower for the week.
with large transaction in goods damag-
ed by floods the chief feature. Slight ad-
vances are recorded in some divisions of
the cotton goods market, but the changes
are practically nominal.
Bradstreet's Trade Review.
Warm, forcing weather has been the
keynote of the situation this week, in
ducing favorable conditions for the win
ter wheat harvest, special progress by
corn and cotton, enlargement in retail
trade in summer goods, generally hereto
fore backward, and, what is most inn
portant of all, bringing about much
more cheerful feeling as to the future
outlook for business generally.
Business failures in the United States
for the week ending with July number
162, against III last week, 1873 in the
like week of 1902, l45 in 1901, lag in
1900 and 1876 in 1899 Canada failures
not reported.
Wheat, including flour, exports for the
week ending July aggregate 2,966.6S2
bushels, against 3,5iS,1 52 last week,
3,211,2l5 this week last year and 3,7S7,-
G39 in 1901. Wheat exports for the ce-
real year ending June 30 aggregate pa
0S4, sol bushels. against pol, S79, 5G5 last
season and 21S,965,363 in 1900. Corn ex-
ports aggregate 1920, 172 bushels, against
1,2S5, 724 last week, 1877 800 n year ago
and 2.240,933 in 1901. For the cereal
year exports are 6S,S00,S64 bushels.
against 26,450,SS last season and H.
325,343 in 1901.