Birmingham age-herald., 1895-08-24
WAITS FOR COTTON ID MOVE That Is the Trade Situation in
 the South. LABOR TROUBLES LESSEN And the Last of the Strikes Are Drawing to
 Close. THE IRON MARKET CONTINUES HEALTHY. Cotton Goods Marked Up in Sympathy With the Advance in the Staple Fail ures For the Week Show
 Decrease.
THE IRON MARKET CONTINUES HEALTHY.

New York, Aug. 23.-R. G. Dun & Co.,, in their weekly review of trade tomor- row, will say:
 The volume of business shrinks, as is natural in August, because transactions in July were somewhat inflated for that month. The settlement of wages in the window glass workers strike foreshad- ows higher prices, and the carpet work CTS about Philadelphia, by proposing to accept higher wages after September 16, broke the ranks of employers, so that nearly all consented to an advance of 7s per cent on Thursday. The strikes of clothing workers progress toward better wages for the employees.
 The price of wheat has fallen 3%c dur ing the week, recovering fraction on Thursday, in spite of all efforts to hold back supplies from farms and to en- courage buying. Wheat ought to go abroad freely at present prices, but At lantic exports, flour included, have been only l. 352, ,602 bushels for the week, ,agalnSt 2,694, 764 last year, and for four weeks only 434S, 632 bushels, against 1O,937,4H last year. Impressive stories of short crops abroad have little weight in the presence of such a record, and the ab- stention of foreign purchasers proves more effective than the withholding Of wheat by western farmers. Naturally the 57c wheat of the Pacific coast stlli goes forward freely in place Of the AL lantic supplies.
 Corn has also declined 4Ac, while pork and lard, with accustomed inconsistency, rose a shade as corn declined.
 Cotton has advanced fraction to 77oc, without any definite changes in crop prospects. and as usual the immense vol umes of stocks carried over in mills and commercial hands here and abroad about 3,0O000O bales of American, is by most traders not appreciated.
 It is a relief to turn to the great in- dustries in which enormous orders placed some weeks or months ago cause phe- nomenal activity for the season. In iron, notwithstanding some uneaS1ness be- cause the output has greatly Increased, heavy purchases by two leading compa- nies have advanced the price of Besse- mer 50 cents, and new combination has raised galvanized barbed wire to $.SO, while combinations are being formed in wire rods and common wire and an ad- vance of prices Is expected. Other prices are unchanged and the new or derS for iron and steel products are not at present large.
 In boots and shoes the shipments on old orders again exceeded those of any previous year for the month thus far, and yet in almost every branch the new orders are very scanty, although prices of boots and shoes, of leather and also hides are very firmly maintained.
 In cotton goods the demand is rather more active as the price of the raw mate rial advances, but otherwise the business has not materially changed The market for print cloths is shade lower this week. Sales of wool are again smaller than in 1892, but the speculative buyers still hold prices very stiffly and are sup ported by the strength in foreign mar kets. No marked change appears in the demand for wooden goods, but there is increasing apprehension shown by agents regading the extensive sales of foreign woolens.
 Failures for the week have been 222 in the United States, against 234 last year, and 43 in Canada, against B last year.