Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1894-08-09

NOhC NSElOAS sun DclItSsSS Tue
Iron Work-Wall Street Stocks.
New York, Aug. 4.--Bradstreets
weekly report says the influences at
work this week at the interior points
favored an Increase in the volume of
business. Wool remains steady.
Wheat has advanced. There is little
likelihood that the corn crop will be
smaller than usual, Notwithstanding
the adyices that damage has been
done. Southern crop prospects are
excellent An improvement was an
nounced in general trade at San Fran
cisco based on the war in Asia. Re-
ports from various parts OF the coun-
try are generally more favorable.
Wheat exports amount 10 2,9T7 900
bushels against 5.622, 900 year ago.
Western receipts of wheat were g.
40o,254 bushels against 4,002. 596 bush
els last year, and exports were only
1,599,563 bushels from the Atlantic
ports against 3,1S5,464 bushels last
year. Corn exports were 11S,43
bushels against 1,J99,5 63 bushels last
year; receipts 1852, S43 bushels against
2,532,9T6 bushels last last year 1t
seems unreasonable that the crop has
sustained any considerable injury Cot
ton declined an eighth. Sales of wool
were S,522,C00 pounds against 3,742,-
$50 last year. Wool advanced 1-2@1
cent. Recovery in iron manufacture
was hindered by greater trouble in
the coke region. In general the demand
for finished products was disappoint-
ing. Prices remained nearly I'M
changed, though for structural work
and Leans they are shade stronger
Bessemer iron, bar iron and wire nails
are a shade weaker. Demand crowds
all the works producing low-priced
shoes, while manufacturers of better
grades are left dependent upon slen-
der daily orders. Failures the past
week We're 2l9 against 43G last year
New York, Aug. 4.-Duu & Co.'S
weekly report says an Important
change in the state of business is
near at hand. Congress will act on
the tariff question within d week. II
it passes the pending bill or if it fails
In ether case a definite bass for fu-
ture business will enable many firms
to make waiting contracts
In spite of Outgoing gold aAd a sink
ing treasury reserve, small railroad
earnings. some injury TO crops and in
crease Of trouble in the coke regions,
the tone and outlook are more hope
full. The injury 10 crops. II. as great
as some report, will affect all interests,
but it is never easy to distinguish be-
between local and general damage.
A DECREASE NOTED.
New York, Aug. IA statement COM
piled by Bradstreet shows the follow
ing for the week
Bank clearances of the principal cit
les in the United States for the past
week were S764, S90,96S, a decrease OF
2l3 per cent. compared with the cor
responding week last year
WALL STREET STOCK.
New York, Aug. Yesterday the
market opened firm with sugar in ac-
tive demand, the first sale being at an
advance OF 1 rs per cent and this was
followed by a further advance Of IA. I
Very little trading was done outside
OF sugar, the sales Of which during the
first quarter of an hour aggregated !
$500 shares. Burlington, Rock Island
Wheeling and Lake Erie pfd. opened
3-S higher and St Paul rose Ii Dis
filling advanced is and receded 3-s
The market Is dull but firm. After
1905 sugar receded rs to 103 IS. raj
lied 3-S and reacted 1-9. Distilling was
weak on the announcement Of the or
ganization of distributing company
for the distilleries outside Of the trust
and declined 3-S, bus subsequently raj /
lied H. The general market has been
good in tone. The speculation at II
a. M. was firm in tone, but the trad !
Ing was stagnant
Money on call, / per cent. Prime
IdHNAf fN1p RRA tNANt QUA
ling exchange dull, but firm, with act
ual business in bankers bills at Ass !
1-2a4.s IS "a for demand and 4.S7 LEA
4S7 "a for sixty days; commercial
bills, 4S6 1904 SO "a. Silver certii-
Gates, 64td85c; no sales. Bar silver, |
g. 5-Sc. Mexican dollars. 30 3-4c.
THE MARKETS.
Chicago, Aug. 4.--Wheat easy; cash |
- 3-Sc; September, So T-Sc, Corn high /
er; cash, 40 14c; September, 40 lac. !
Oats tirlner; cash, - 3-ic; September. |
30c Rye, 44c. Barley. nominal Flax,
LIZ Is. Timothy, 4S5.
Pork higher; September. $50. Lard
higher; September, 7,15; January 6s7
IL. Ribs higher; September, GIT II.
Hogs: Receipts, $4,000; market ) a
Toe higher: light, 4So9520 mixed,
4.S0151o. heavy, 4.S5d515. Cattle:
Receipts, 1000; market steady; natives