The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1903-01-29
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'zENANCAL
| New York.

~ a. "Fuel shortage is still
NRW In(k the one seriously disturbing
49, element i'll the industrial
situation. Transportation facilities have
been diverted from other merchandise,
TO the disadvantage of shippers, yet iron
furnaces are unable to secure sufficient
supplies of coke. and many other manu-
featuring plants are closed because of in
adequate coal deliveries. Mines are more
fully operated, but there is no prospect
of normal conditions until spring" The
foregoing is from the Weekly Trade Re
view of Il. G.. Dun II Co. 1t continues:
Extremely low temperature during the
last week stimulated distribution of
heavy clothing and other seasonable
goods. Retail trade was accelerated by
the customary clearance sales, especially
in dry goods and kindred branches. Tray
cling men are sending in large orders for
spring goods, the volume of advance busi-
ness surprising the customary amount
for this time of year. Quiet conditions
in the iron and steel markets do not
mean dullness or diminishing consunp-
tion, but merely the oversold condition
Of furnaces and mills, together with great
uncertainty about keeping plants active
on day to day supply of fuel. Inquiries
are numerous. especially in structural
lines, but makers are not ready TO accept
bids until the future appears more def
mite.
New plans constantly come forward
for large office buildings, notably at the
West, which means vigorous consump-
ton of structural steel, and the demands
from car builders are phenomenal. Prac-
fIeally fin antira nitv IF tho LOADING
plants is already booked for six months.
and at many concerns the last half of
the year will bring no idleness unless cr-
ders are Cancelled.
Eastern manufacturers of footwear are
fully employed on spring shoes. but new
orders are light for later delivery. al
though western jobbers purchase freely
of fall samples. Quiet conditions in
leather have been succeeded by an in
creased demand for hemlock sole and
standard upper. shoe manufacturers plac-
ing liberal orders. Last weeks slight
recovery in the hide market was not sus-
tained. Dry goods trading has increased
IN volume, buyers arriving in greater
numbers, and the prospect favors still
more activity in the latter half of the
month. There is little disposition to an
NN4p'ttS w anus III tic Coitoh Soouo HAh
ion. but immediate needs have evidently
grown more pressing. In the woo!en
goods division the opening of piece dyes
was made ut an advance, but not as
much as some sellers anticipated.
Only moderate fluctuations have occur
red i'll the great staples, with the tenIen-
cy upward AID conspicuously firm tcne
in evidence. Higher prices have been
charged for refined sugar, and raw grades
are firm, but weakness is the feature
in coffee owing to excessive supplies at
all points.
Failures for the week numbered 261
in the United States, against 33l last
year, and 80 in Canada, compared with
40 year ago.
Bradstreet's weekly report on grain
says:
Wheat exports since July aggregate
14O,6iO,SOO bushels. against 15S,0O4, 139
last season and 1O1.21O.96S in 1000.
Corn exports aggregate 2,394, ,612 BUSH
els, against 2,S56,9S6 last week, 29S,093
a year ago and 5.1S4,550 in 1901. For
the fiscal year exports are 15,97S,01S
bushels, against 21,255,447 last season
and 1OS,935, ,495 in 1901.