Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1903-07-24
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kRV IOTk. isfactory outside the region
- of speculation, many re-
ports indicating further Improvement.
During recent months the two disturbing
factors have been labor controversies and
weather conditions, but each week has
brought better things in these two re-
spects until the outlook contains much
that is encouraging. Crops are making
rapid progress, and the army Of unem-
ployed is diminishing" according to X.
&. Dun d Co.'S Weekly Review OF Trade
Continuing, the report says:
Railway traffic is heavy, earnings thus
far reported for July exceeding last
years by 1876 per cent and those of 1901
by 1872 per cent. Retail trade in sea-
sonable merchandise is fully up to the
average and there is less than the Gus
tomary midsummer quiet among whole
salers, while the preparations of jo5bers
and manufacturers indicate confidence in
a large fall business.
Unsettled conditions still exist in forge
and foundry pig iron markc IS, while Besr
semer iron is only barely steady. The
chief difficulty appears to be the ncina-
ton of prospective purchasers to wait for
the lowest possible quotations. This is
4
market, but appears unusually aggravat-
ing in the present instance. Current con
sumption is heavy, and the delay is only
in connection with distant deliveries
Structural steel begins to reflect the
settlement of labor troubles in the build
ing trades, but several important under
takings have been postponed until next
year, two large buildings at Pittsburg
being conspicuous examples. Merchant
steel and pipe are in better demand, sew
eral large contracts being under negotia-
ton. Steel rails are sold well into 1904,
and other railway equipment is still one
Of the best features in the industry.
Southern iron furnaces and steel mills are
affected adversely by the coal miners
strike, although there is belief that set
Element will not long be delayed.
1t is Il season Of uncertainty in the
manufacture of cotton goods, and nothing
in the nature of Improvement can be rX
pcctcd until the artificial position of the
raw material IS radically altered. Sup
plies of cotton goods III first hands arc
low, and there is no effort to make spot
sales. Buyers fill their requirements for
immediate distribution, but in no depart
ment of this great industry is there any
inclination to anticipate needs of even
the near future. As supplies diminish
there is corresponding stiffening of quo
tations. Mills are steadily curtailing pro-
duction both here and abroad.
New lightweight woolens are being
opened with fair results only, buyers ex-
hibiting no anxiety regarding the future.
Failures this week were 213 in the
United States, against 213 last year, and
16 in Canada, compared with 20 year
ago.
Bradstreet's Trade Review.
The salient features in trade reports
this week are the better tone of trade ad-
vices from the Southwest, where the feel
ing grows that large business will be
done. Hides and leather are rather
weaker at the East, but eastern shoe
shipments are far in excess of last year
for the week and season.
Wheat including -four, exports for the
week ending July Is aggregate 1862, OS4
bushels. against 2.3SO,410 last week,
3,775, ODD this week last year, 5,22 $50
in 1901 and 3,0293S1 in 1900. For two
weeks Of the cereal year they aggregate
6,033, 1914 bushels, against S119,33I IN
1902, 1925, O29 in 1901 and 5,So9,29l in
1900. Corn exports for the week aggre-
gate 1902, 4O4 bushels, against 1,525.C4
last week. 130,679 year ago, 1,7l4,OSl
in 1901 and 1852, 100 in 1900. For two
weeks of the present cereal year they
aggregate 1927 4SS bushels, against 3d.
so in 1902, 4,514,Sl9 in 1901 and s.
2O4,227 in 1900.