The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1903-04-09
| New York.

|
an early season stimulates business, but
in other sections there has been Interrupt
ton from excessive rains. More uniform
| activity is reported in wholesale trade.
with notably large movement of grO-
ceries, millinery, paper and builders ma
| terials, while conditions are satisfactory
for the season in jewelry. Manufacture
ers of clothing, furniture, footwear and
iron and steel are well engaged, ample
supplies of fuel greatly facilitating opera
tions, but extensive strikes threaten to
render idle many New England textile
mills" The foregoing is from the Week
ly Trade Review of r. G. Dun & Co. 1t
continues:
The cut of spruce lumber has been
large, but early breaking up of winter
restricted movement and high cost of
labor and provisions rendered operations
expensive. Early opening of lake navi-
CATION will benefit business. and the rail-
way traffic embargo will be removed.
Earnings of railways thus far reported
for March exceed last years by 12.S per
cent and surpass those of 1901 by 22.9
per cent.
An output of about 100000 tons of
coke in the whole Connellsville region
for the last week indicates that fuel
troubles are almost ended in the iron and
steel industry. Quotations are sustained
by the vigorous home consumption, and
there is the additional support Of strong
er markets abroad. Work is resumed en-
bridges and buildings wherever the places
of strikers can be filed, and several con-
tests in this department have been avert
I'd.
A large opening trade in pipe has been
followed by liberal supplementary orders,
Jobbers renewing contracts extensively,
and prices are well maintained. Sharp
competition for business in bar iron has
caused a slightly lower level of prices,
while plates and sheets are firmer, espe-
cially in galvanized lines. A prominent
feature of activity is found in merchant
steel for agricultural implement works
and wagon factories, these orders rum
ming far into the future. OversOld coll
ditiOns at rail mills are sending urging
orders abroad
No improvement has appeared in the
dry goods market. The situation is pc
culiarly complicated as to cotton goods;
stocks abe light as a rule and labor trou-
bles threaten to curtail output, yet job
bers are reluctant to undertake contracts
at present quotations. Meanwhile pro-
ducers are in no position to make CEN
cessions, and dull market is the result.
Dizziness is reported in wooden goods,
with new business On a limited scale.
Cancellation of early orders has become
serious problem, many mills that had
disposed of their product for the season
now seeking business. Jobbers are plac-
ing large orders for fall delivery of shoes,
readily paying the recent advance in
prices, and manufacturers of heavy goods
have booked more business than is Gus
tomary at this early date. Leather is
quiet, but low stocks maintain prices. At
last the turning point has been reached
in domestic hides, and prices have stead
led, which is due to the somewhat bet
ter condition of receipts.
Failures this week numbered pa in
the United States, as against 2O5 last
year, and 26 in Canada, against %
year ago.
Bradstreet's Grain Figures.
Wheat, including icur, exports for the
week ending March 26 aggregate 2.4O1.-
9S7 bushels, against 2,395, ,59S last week,
2,9O4, ITO in this week a year ago and
4,494.3 .335 in 1901. Wheat exports since
July l aggregate 172,448,S15 bushels,
against 49,. .39S, 7O7 last season and 15O,-
967 ,69S in 1900. Corn exports aggregate
3.618,21O bushels, against 3,O72.06S last
week, 139,205 year ago and 3,5S2,94S
in 1901. For the fiscal year exports are
44,5O5, ,46S bushels, against "a. 133.9O6