The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1903-06-11
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| New York.

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| het York have improved, particular
J ly as regards the great sta
pies, although considerable losses have
occurred in garden truck and other minor
farm products at the East owing TO
drought. Labor controversies are still
the most disturbing factors in the situa-
ton, and it is difficult to anticipate how
far distribution of merchandise will be
affected. Structural material OF all KINDS
is moving slowly because Of strikes In the
building trades, which are now exercising
more widespread influence than other dis
agreements. At the East the trade situa-
tion is satisfactory as rule. Railway
earnings thus far reported for May were
1913 per cent larger than last year and
surpassed those of 1901 by 25.6 per
cent" according to R. G. Dun & Co.'S
Weekly Review of Trade. Continuing,
the report says:
! After many weeks of discussion the
expected transaction in pig iron was COM
pleted, involving a heavier tonnage than
was generally anticipated and showing
but a small decline in price. Consider
ing the improved conditions as to fuel
and transportation, the magnitude Of the
contract and the ample time in which to
make deliveries, $19.35 at Pittsburg, was
by no means a low price. Some decline
was to be expected, and only by read
justment of quotations can this industry
maintain the activity for which enlarged
facilities provide.
Demands for steel rails have again be-
come urgent, particularly from trolley
roads, and the rail mills that have been
making billets will resume their regular
business next week. As practically all
this years output has been sold, the ques-
ton of quotations in 1904 is under con-
sideration. Structural steel is still ad-
versely affected by labor disagreements
in the building trades. but in the iron
and steel industry there have been num-
erous settlements and few serious con-
flicts are in progress. Under the new
tin plate scale an increased output il
provided, and the mills are fully occu-
pied with large orders on hand. Never
theless, tin declined through liquidation
ut London.
New England footwear factories are
busy on fall contracts, but few supple
mentary orders have been received.
Leather sells freely, hemlock sole being
in great demand for western footwear
manufacturers. Domestic hides again av.
erage higher, with notable strength in
Colorado hides. Supplies of winter and
early spring saltings are abundant, but
there is no surplus of better qualities
now coming forward. Increased receipts
Of foreign dry hides have not depressed
prices.
Failures this week numbered 206 in
the United States, against 1914 last year
and in Canada, compared with 20
year ago.
Bradstreet's Trade Review.
Wholesale trade awaits crop, labor
and price developments. Too much rain
| Is reported for western crops, but par.
| ticularly for corn, the planting of which
is still delayed. The tendency toward
readjustment of prices of iron is shown
| in the reduction of % to 80 cents per ton
at seaboard markets. Large buyers at
Chicago say they will take hold at con-
cessions.
| The outlook as to the country's export
trade is by no means depressing. Ex-
ports of manufactured goods for the
month Of April were only twice exceeded
in the country's history.
| Wheat, including -four, exports for the
week ending May % aggregate 4,677, ,67S
bushels, against a293, 1873 last year, 81
300, CAS- in this;49 last year and 4.13s,-
go in 1901. Whe4t exports since July
aggregate 205,5u $40 bushels, against
233, ,424, ,S46 last season and 1893, $50. .995
In 1900. Corn exports aggregate 1,179,-
7S0 bushels, against 1914. .1S4 last year.
Il, ,4SS a year ago and 2O37, ,643 in 1901.
For the fiscal year exports are 81. .436.- :
S41 bushels, against 25,9O0,597 last sea-
son and 165, 159, ,1O7 in 1901.