The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1895-08-08
lUN7S TRADE REVIEW.
4 Perceptiblc Halt Due to Mid
summer Dullness.
IRON PRICES A SHADE HIGHER.
rbe Crop of Corn Promises to he the
Largest Ever Grown - Wool Sales Fall
OH-wheat Crop Smaller Than Was
Expected-Business Failures.

n NEW YORK, Aug. 3.--R. q. Dun q
today, says: There is peroeptible hault
which may deceive if attributed to
wrong causes. Trade two months late
in spring pushed forward into July
large share of business belonging to
April or May. Seeing rush of orders
but OF time, many imagined it would
Continue, and hurried to give other
orders. The jam Of two months bust
nes' into one lifted prices. Then other
orc ers came to anticipate further rise.
But the midsummer halt was inevita-
n BILE, and it is yet somewhat uncertain
Thowt aiuch Improvement will appear
afteIit. The crop of corn promises to
be we largest ever grown, and is almost
outof harm way.
TIE crop of wheat appears, from later
accounts, perhaps 100000, 900 bushels
smaller than was expedited month ago,
and had the best hopes been realized it
would have been more than 100, 900, 900
bushels short of full crop. Cotton
has lost little, and more people seem
20 believe in 100000 bales than be.
lieved in 5000, 900 O month ago. Larger
btocks than were Immediately wanted
NE been taken by traders as prices
.NPre advancing, and these tend to
N hit future orders.
The general advance in many pro-
Nncts also causes reluctance to pur.
Rase, and the distribution Of the past
llf year has been in part to make up
stocks and individual supplies de.
4. leted during two years Of economy.
the other hand there has veen
ypaous increase in the working force
sa considerable increase in wages
(Which enables people to buy more
a ". Strikes of some Importance ap-
\ Ieai but do not yet threaten to last
Pn1, though strike of coal miners
( lay for q time affect business some
nat extensively. The hopeful spirit
evailing in nearly all markets may
ihd its warrant in spite of some short
,ge in crops.
For the first time since the rise in
prices OF iron products began, there
pave been some concessions to retain
business, and efforts of new works to
get orders tend to check the advance.
In spite of this the general average of
prices is shade higher, bar having
risen relatively more than mill iron has
! declined. The market for pig is quiet
and, on the whole, remarkably strong,
with the prospect of increased output
Finished products are generally strong,
tw1th more demand than can at present
be met for plates and for bar. The
structural demand continues large, in
I bluding 5000 tons for. one.new building
n this city, but the expected demand
'or rails is yet delayed. Great specula-
ion in copper stocks has brought out
pme extravagant statements of demand
nd profits, but 11A has been paid in
some cases for lake, and the consuming
demand is actually heavy. Tin has re.
mained strong in spite Of large arrivals,
and visible stocks 5000 tons larger than
Usual, and lead is stronger in tone.
Sales OF wool have been only 6,072,-
$50 pounds for the week, against 1885,
400 in 1892. Wheat suddenly rose 3
cents on bad reports of condition, but
has dropped all the gain as the soanti-
ness of exports is felt. shipments in July
having been only 3,495, ,064 bushels,
-four included, from Atlantic ports,
against 1886, ,633 last year. Western
receipts continue very small, and farm
ers appear to be holding for higher
prices. Corn is q shade stronger, al
though the reports are decidedly favor
able. Cotton has risen an eighth in
price, wholly on bad condition reports,
but at the lowest estimate the years
yield, with stocks carried over, will ex-
coed the worlds demand. Heavy sales
of coal are reported at prices at least 70
conts below the circular, and the mar
ket is much demoralized, with fear of
auction sales.
Failures for the week have been 261
\ in the United States, against $50 last
year, and 2S In Canada, against A last
! year.