Inter-Mountain Farmer | 1902-10-21 | Page 4 | The Commercial Reports

THE COMMERCIAL REPORTS Both of the great commercial ign cles agieo In reporting that the settle ment of the cual strike removes the chief obstruction to the greatest In Ilia trial and business artlvlt) that th countr) has ever kniwn 1 he shortage of tinneportitln to hindle the mighty tialllc la now the nnl) drawlnrk Dun aa)s the settlement of the coal strike removes the onlv serious handicap handi-cap to Industrial progres The long failure of the tool supi I) had lgun to stop manufattoile un 1 there wis a perceptible diminution of consumption Sivlngs hd been exhausted nnd more mone) had gone out of the countr) but the Nation s rennrkabl) stiong poaltlon assures 11 speel) rostnrntlon ot liospernue tondltlins rmnsportntlon Is Insuillclent anl llberil premiums ar lelng offered for em 1) deliver) The rallroal earnings for the llrst wek In October were ah per cent larger than last )ear anl 109 per cent above VWI The shortage of fuel caused shortage In pig Iron product hut thero was large I Import of It Failures numbered 5ft6 j foi the week against SIS last week and JiU last )ear Diadstreet notes the coal mike settlement set-tlement 1 the disappearance ot the onlv unfavoiable feature In trade and general Industry It expects however some peimanent loss ot trade In the coal legions and rather higher prices foi fuel Ml other trade developments aie largely favoiuble retull trade has Improved Jobbing demand la belter, anil special lines are active Wool la firm at all Eastern markets manufacturer manufac-turer are liberal buyers slocks are being be-ing pretty well reduced and holder Incline to ask for higher quotations Business failures numbei !03 j against 1T0 last week and S03 In 1900 The bank clearances sinned an In-cieise In-cieise In New ork cltv lompaied with the corresponding week last year of 28 5 pel cent In tho muntry outsld'" of New ork the Incie se was "j per cent In the aggregate the Inn ease was lilt per cant Salt Uik City stad in the gain column, with an lull lu-ll ease of 1 per cent. No countiy ever occupied so suor.nr an Industrial and business position a this country doe to lay It I the concern con-cern of 1 mankind and the marvel of the world