Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1895-06-13
UPWARD MOVEMENT
IS REPORTED IN BANK CHR
INGS

New York, June 9.-Bradstreet's re-
port says the speculative spirit which
seemed to dominate both commercial
and financial circles until within a
week Or ten days past, is still less
conspicuous in all lines. The demlnd
for staple goods in number OF IN
stances is smaller, notably 1T Boston,
Pittsburg. Chicago, and Kansas City,
particularly in dry goods, the demand
for which at first and secG1d hands
has declined. as is customary at this
period While business throughout
the country may, therefore, be char-
acteriZed as quieter, the tone Of staple
markets continues strong and conf
dence is good The feature of the
week as heretofore, is a continued long
list Of advances III progress, notably
those for iron and steel, and an up
ward movement of bank clearings.
Statistics show decrease 7 OF over II,
100000 bushels in available stocks IN
wheat in the United States. and Canada
during May with increase of over 4,0oO..
GOO bushels and at3at FOR od Europe n6 Na sI
while Europe's available supplies practical
ly stood still.
A statement cOmplleu ny
shows the total bank clearngs OF the
principal cities in the United States for the
past week to be 81, 131, 6S5,552, an increase
of 25.S per cent. compared with the cores
ponding week of last year.
R. G. Dun reports the tide OF BUSH
rising; Gain has gone SO fast in svn
branches that the more conservative fear II
may not be maintained. But the period of
dullness which comes in each market after
the usual rise brings as yet nothing like
much, halt or fall back a little and then
gain once more Demand for consump-
lions steadily increases as employment
money expands, one bank reporting ~ pei
cent. larger business in discounts for this
commercial loans than a year ago and all
out two report some gain. The serious
question remains whether the crop Will
i be full enough to sustain a large business
But the worst reports are better by Tar
than the estimates recently current. Wheat
rose two cents, and fell back two, with
western estimate of crop of SO,OOO.OOO
bushels smaller than last year. 1t is peril
Official reports down to late period last
fall, but the yield at about eighty million
bushels lower than it is now known It, to
great buildings into which so much Of it
goes, and advance in finished products has has
become general. Of structural steel 1900
Homestead Works, breaking the record,
and prices rose to 1S cents for beams
La
ISOLATION raised the price of refined iron
to IL cents, and the amalgamated associa-
lion demands of the Pittsburg and Western
as a basis. Coke producers are SAID to
have substantially agreed upon sales by
agency and all allotment Of output and
Chicago works are III full operation, though
the demand from agricultural Implement
in doubt. Tin is weaker, with rise in I'll the
worlds visible supply to 25,671 tons about
five months consumption but copper .d
is stronger at 10 "a for lake ana leao
Failures in the United States the past
week were 1876, against PIG last year.
Chicago, June 9.-Wheat higher;
June, Sic; July, 81 3-4c. Corn higher;
June, 521-Sc; July, 80 7-Sc. Oats
higher; June, 81 lac; Sept. 81 lac.
Rye, Csc Barley. 53c. Flax, 1.47.
Timothy, $50. Glover, $50.
Pork higher; July, 1857 IL; Sept.
1896. Lard firm; July, 6.65; Sept.
6.s5. Short ribs firm; July, $50; Sept,
6.55.
Hogs: Receipts, 10000; market a
shade higher; light, 4.25M
455; mixed, 4.35@47O; heavy
4.3O04.75. Cattle: Receipts 3O6
market slow to strong; steers, 5000
600; cows, 1.7564.25; Texans, 2.2O@
AGO. Sheep: Receipts, $500; market
steady.
Milwaukee, June 9.-Wheat higA 8;
No. 2 spring, 80 lac; July, 50 lac.
Corn firm; No. 8, SO lie. Oats
steady; No. 2 white, 33c. Barley, 49c.
Rye, zoe.