The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-11-21
REVIEW OF TRADE.
Labor Organizations Are Ac-
cepting Lower Wages
MILD WEATHER NOTED
Complaint of Traffic Conges-
ton Is Not Heard.

New York, Nov 20.-R. G. Dun & Co. s
say:
Labor organizations are accepting re-
auctions in wages without controversy,
which removes one threatening industrial
factor, but in several branches of BUSH
ness orders are more numerous, but IN
the steel industry there is little expecta-
ton OF liberal buying until 1904. Con-
etruction work is decreasing, despite OPP
timistic reports of more building permits
issued last month than year ago. Mild
weather still continues and distribution
is in brisk demand especially for this
season of the year. There is not the com
plant of traffic congestion that was so
frequent last year at this lime Railway
earnings 81 per cent higher than in No
vember to date in 1902 testify to the in
grease in facilities.
A week has passed without any further
reduction in prices of iron and steel and
sentiment in the trade fovors stability at
the present position.
Failures this week We're 29S in the Unit
ed States against 266 last year, and II
sn Canada compared with "A a year ago.
New York, Nov. 20.-Bradstreet7s to-
morrow will say:
Colder weather over the greater part of
the country has greatly stimulated retail
trade and incidentally quickened jobbing
demand in seasonable lines. In some sec
tons inquiries for holiday goods exceed
last years. the feature being the high
in
terests are apparently In good financial
condition, an inference that seems to be
evidenced by the fact that they display
unwiilingness to part with their surplus
products at anything less than what they
deem satisfactory prices, though the
movement of currency to the interior
continues but on a smaller scale than
for some weeks. Southern conditions are
especially good. Railway earnings are
still good, the increase in gross receipts
for the first half of November being 512
per cent
While the foregoing are the favorable
DEVELOPMENTS of the week, the fact must
not be overlooked that labor troubles,
the gloomy outlook for building, the
closing down of iron and steel mills, blast
furnaces and leather tanneries and the
continued hesitancy in the buying OF
practically all commodities are factors
that mar the industrial as well as the
common trade. Not much business is
being done in wool.
Buff hides are firmer. but orders for
leather in the leading markets continue
Mt a hand to mouth price. Exports of
wheat and -four for the week ending No
vember 10 aggregate 2974,277 bushels
against 3,659,S23 bushels last week. 5.21!,-
ST. bushels this week last year, 5,5li93O
in 1901, and 3.S27,296 in 1900. For twenty
weeks of the cereal year they aggregate
64s7602S bushels against 105,257,326 in 1902,
11s176l56 bushels in 1901, and 7l.273,555 in
1900 Corn exports for the week aSgre-
gate ,391 ,625 bushels against 1.46S.2S2 last
week, 243.3S1 year ago, 1881 in 1901, and
S235, 56S in 1900. For twenty weeks of the
present cereal year they aggregate r.
ss2,5 94 against 2.SSS,1sO in 1902, 17,02S,9o1 in
1901, and Go, $751; 79 in 1900.
Business failures in the United States
for the week ending November 10 num-
bered % Sagainst 25o last week. POI in the
like week of 1902, 2S3 in 1901 215 in 1900, and
BOZ in 1899
In Canada failures were 16 in number,
compared with 1S last wee kand 10 in the
corresponding week last year.