Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1894-08-09

Iron Work-Wau 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, notWithStand
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 to 2,977, 900
bushels against 1922. 900 a year ago.
Western receipts of wheat were g.
400 54 bushels against ,OO2 696 bush
els last year, and exports were only
1893, 003 bushels from the Atlantic
ports against 3,1S5, AGA bushels last
year. Corn exports were 11S,43S
wear; receipts 1867, S43 bushels against
2,532,976 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, coo pounds against 3,742, :
$50 last year. Wool advanced 1901
cent. Recovery in iron manufacture
was hindered by a 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 beams they are shade stronger.
Bessemer iron, bar iron and wire nails
are 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 were 219 against 436 last year.
New York, Aug. 4-Dun 4 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 a week. If
it passes the pending bill OF if it fails
in ether case a definite basis for frl-
ture business will enable many firms
to make waiting contracts.
In spite of Outgoing gold and 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 to crops, if 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. A 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 $764, scopes, a decrease OF
! 21.3 per cent. compared with the cor
responding week last year.
WALL STREET STOCK.
New York, Aug. 4-Yesterday the
market opened firm with sugar in ac-
| tive demand, the first sale being at an
advance OF rs per cent. and this was
followed by further advance of IA.
! Very little trading was done outside
of sugar, the sales of which during the
! first quarter of an hour aggregated
| 1880 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 1O3 3-S, raj
lied 3-S and reacted 1-S. Distilling was
weak on the announcement Of the or
ganization of a distributing company
for the distilleries outside of the trust
and declined 3-S, but subsequently raj
lied II. The general market has been
good in tone. The speculation at II
a. IN. was firm in tone, but the trad
! ing was stagnant.
Money on call, l per cent. Prime
mercantile paper, 2@5 per cent. Ster-
ling exchange dull, but firm, with act
ual business in bankers bills at 4.SS-
1-2@4.SS "a for demand and 4.S7 100
4.S7 3-4 for sixty days; commercial
bills, 4S6 1904. S6 "a. Silver certifi-
Gates. 64065c; no sales. Bar silver,
81 5-Sc. Mexican dollars, 80 3-4c.
THE MARKETS.
Chicago, Aug. 4-Wheat easy; cash
% 3-Sc; September, 80 7-Sc. Corn high
err; cash, 40 lac; September, 40 14c.
Oats firmer; cash, % 3-4c; September,
Soc. Rye, 44c. Barley, nominal. Flax,
1.22 Is. Timothy, 49,.
Pork higher; September, Ia 20 Lard
higher; September. 7.15; January 6.S7-
IL. Ribs higher; September, GIT -.
Hogs: Receipts, $4,000; market a
10c higher; light, 4.SOt@5.20; mixed
4.sO@5.1O; heavy, 4.S5@5.15. Cattle:
Receipts, 1000; market steady; natives
4.OO04.S western 2.75@39O. Sheep
Receipts, 5000; market unchanged.