The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1903-05-21
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:, =, Unrest in the ranks of
new f0[k. labor has increased rather
fhon ohafad cinco Nov I

q, unrest III the ranks OF
kRR f0fk. labor has increased rather
C-J than abated since May 1,
when difficulties of this sort usually cul-
inmate. No single struggle of great mag
nitude is in progress, but the frequency
of small strikes is disturbing, and in
the aggregate a large force is idle. while
important industrial undertakings nre
checked. Good reports are received from
footwear factories, shipments from Bos-
ton for the year thus far SURPRISING all
records, and clothing makers receive
Implications of spring orders in addition
to getting out fall samples" according to
r. G. Dun & Co.'S Weekly Review of
Trade. Continuing. the report says:
Prices of commodities declined Sigh,
during April, Dun's Index number fall
ing from $99267 to S9S.561. A year ago
the highest point of recent years was
touched at S1O2.2S9. Railway earnings
in April were 1874 per cent larger than
in last year and 2S.7 per cent above 1901.
Cancellation of orders where deliveries
failed to be made according to contract
and new business at lower quotations in
dicate a tendency toward more normal
conditions in pig iron. This is highly de-
sirable, and gives assurance that pres
ent activity in iron and steel may be
maintained. Pending contracts for about
$4,000 tons of structural material have
been closed, and other orders are only
postponed by uncertainty regarding the
labor situation.
Railway requirements appear to have
no limit, and the proposed extensions will
consume large quantities of steel. Bill
lets are one of the scarce articles at pres
ent, even imports being arranged with
difficulty.
Implement manufacturers are surpass-
ing all records in their purchases of mer-
chant steel, machine shops are working
at full capacity, and there is brisk de-
mand for plates, pipes and tubes.
leading machinery markets report s;
factory conditions. Trade in hardwal.
is of good volume, orders assuring activ-
ity for some time and new business still
coming forward freely. especially at the
South.
Textile manufacturers at the East
have not improved their position during
the past week. Jobbers are buying only
small quantities, exercising a discrimina.
tion that indicates dull markets else
where, and statesmen are being with
drawn from the road. With large print
mills closed, there is no activity in print
cloths, nor is the movement of brown
sheetings and drills of any account. Alb
normal prices for raw cotton might be
expected to stimulate inquiry for goods,
but the only effect is to prevent sellers
from making concessions. Higher fig.
ures are expected next week at the Off.
cial opening of the season in carpets.
More woolen mills have closed, and the
market is featureless, but the new wool
clip is firmly held. A steadier tone Is
noted in silks owing to reports that pro
duction will be curtailed.
Bradstreet's Trade Review.
Business continues large and industry
active, in most cases surprising previ-
Gus years at this date, despite unseason-
able cool weather in some sections and
a swarm of vexatious labor troubles.
Most of the measures of trade and in
dustrial volume still make favorable
showings. The simply enormous gain in
gross railway earnings reported for April,
Is per cent over the best in previous
years, is proof that past good reports
of trade and traffic We're fully justified.
Wheat, including -four, exports for the
week ending May Z aggregate 3,2O1, $50
bushels, against 3.41S,2S9 last week.
g 2,3O2 ,24O this week last year and 4.178.-
S72 in 1901. Wheat exports since July
I aggregate 191 500. 1853 bushels, against
219, ,166, 72S last season and 1S0, 1889, ,973
in 1900. Corn exports aggregate 1884,
100 bushels, against 2,210. .155 last week,
126, 755 year ago and 1885 in 1901.
For the fiscal year exports are 57,011,-
$50 bushels. against 25.655, ,355 last sea-
son and 15S, Do, ,26S bushels in 1901.