The morning call., 1894-06-30
Interrupted nv Strikes.

NEW YORK, June 29-R. q. Dun & Co.'S Weekly
Review of Trade will say tomorrow: The gem
eral strike of coal-miners has ended at most
points, but another threatens TO interrupt busi-
ness more seriously for a time, although the num-
Der OF hands engaged is comparatively small.
Travel and traffic are well nigh arrested on about
twenty Western roads already, and strikes are
threatened on all roads which use Pullman cars
On the whole other changes during the week have
been for the better. Many manufacturing estab-
iishments which stopped by want of fuel
have resumed The depletion OF the treasury re-
serve has been checked by the voluntary deposits
made by New York banks. Exports OF gold have
almost ceased.
Congress made much progress toward the
final disposition of the tariff question. Crop pros
poets grow better as the harvest draws nearer.
The resumption of work In mines and mills has
made good progress but the demand for products
is as yet smaller and less urgent than was ex-
pected. Buyers apparently wait for lower prices
OF IRON and steel products. which manufacturers
are slow TO give in view OF the increased cost OF
material and production. After a suspension OF
half OF the working force for more than a month
ii was expected that orders for products would be
very large, but instead there is a little complaint
OF dullness and narrow demand. and prices OF Bes-
Semer pig and some finished forms are a little
weaker. Although the working force has evil
IDENTIFY increased, several establishments have
stopped from want of orders or because settle
ment regarding wages for the coming year has yet
been reached
Textile manufacturers are embarrassed by the
near approach of probable change in the tariff,
the effect of which cannot yet be calculated. In
spite of this reason for deferrIng orders and pur
yet as many as expected for there appears little
more demand from clothers and JObbers. The
cleaning-up process has been accelerated with
success by concessions in some common goods,
hut all orders are still limited and the sccumula-
tiOn Of goods continues. Somewhat better orders
in woolens, particularly In low-priced al-wool
goods and in clay diagOnals aud wOrsted cheviots,
though not large In amount give hope Of larger
trade. But the mills buying cautiously, aud
sales of wool fell below last years., ,S70, ,OOO
pounds for the week against 8, I42 800. in ur
weeks of June the sales TIVE years ago were L. 769
25O pounds, last year only 9,759,S76 and three
years ago l l ,677 S24 pOunis Growers and other
/ holders of wool demand higher prices than can
now be paid, but receipts from the interior are
liberal and exceed the present demand.
Wheat has declined &c, the year closing with
Insignificant exports, tor four weeks of June only
2,S2U.620 bushels from Atlantic exports against
9.9l7.454 last year, while eStern receipts have
been 5. $40 $50 for the same weeks against SO,
$40 last year, a much smaller decrease. Corn has
declined 1sc. receipts being larger than those OF
wheat and heavy crop is expected
PORK products also held lower.
This week failures have been 214 IN the United
States against 3O7 last year, and 35 In Canada
against 27 last year. of late the number ana i'm
portauce OF failures have increased little as IL is
near the close CT half year.