The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1906-11-01
UNREST OF LABOR
CHECKS BUSINESS
HIGH MONEY AND TRAFFIC DE
LAY DETERRENT FACTORS.
IRON INDUSTRY STEADY
Advance Of so Cents In Price Of Pig
and Elimination Of Speculation
Are Notable Features In
That Branch.

New York, Oct. 27.--R. G. Dun &
Co.'S Weekly Review Of Trade says:
Traffic delays, high money and some
unrest In the ranks Of labor have not
checked commercial progress on the
whole. although In special industries
or localities the restraining influence
of these adverse factors are felt.
Some Irregularities of temperature
also provide the weeks trade reports
with less uniformly glowing descrip-
tons Of retail distribution. Wage
earners are agitating for more pay
or fewer hours in several industries,
especially in the railway service. Al
ready manufacturers and dealers are
making plans for the greatest bust
ness on record in jewelry and other
holiday lines.
Pig Iron Advances.
A further advance of about SO cents
per ton in the price of pig iron is the
best evidence of continued prosperity
in that industry. There is little spec
ulation beyond what might be called
legitimate provision for future needs.
This demand runs far into next year,
It is true, but there is no reason to
believe that any of this forward bust.
ness is placed with the expectation of
cancellation. Extension of facilities
continues in every department, one
plant for the manufacture Of steel
cars alone being projected that will
cover 800 acres. Orders for thou.
sands of tons of structural steel for
this one undertaking have been
placed. In a few cases it is still pos
sible to get deliveries within month,
but as a rule large premiums are of.
fered for quick shipment without
avail Spot quotations are becoming
so rare that the market is more fair.
ly represented by prices on orders for
future delivery, which are more regu-
lar at all the markets.
Improvement in Cotton.
Improvement in the primary mar.
kets for cotton goods has gone so far
that conservative operators begin to
express a fear that a setback will be
encountered through the curtailment
of consumption. Yet, anxiety on this
point seems premature in view of the
statistical position. Prices are now at
about the level of the Sully boom, but
demand is much better. There is lit
tie complaint regarding worsteds for
spring delivery, but otherwise the
wooden industry is unsettled, await
ing a general movement by clothiers,
Manufacturers of footwear receive
liberal orders from jobbers in all sec
lions for winter and early spring de-
livery, while statesmen are starting for
the west for spring contracts, and
carry samples for next fall. Prices
are fully maintained, and conditions
are considered most satisfactory. De,
mand for leather is limited to early
needs, but prices do not weaken.
Cereal Prices Hold Fast.
Extremely narrow variations oc
CURED in prices of leading cereals,
movement being restricted by made.
quate transporting facilities. Market
conditions have not changed, but
shipments abroad would have been
larger If the seaboard deliveries had
not been curtailed. A little more &C
tivity at northwestern -four mills Is
encouraging, although there is a
heavy decrease compared with the
output a year ago, when all records
were being eclipsed.
Liabilities of commercial failures
thus far reported for October amount.
ed to $7,4S5,424, of which $3,S42,29
were in manufacturing, $2,279,715 in
trading and $1,363,422 in other com,
mercial lines.