Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1896-12-24

Now York, Dec. 9.--R. q. Dun =
weekly review says that the CUBAN
reports, tho unusual closencss
OF money in Germany and the decision
that there will be no action on the
tariff this session, have not really
changed the situation. but have been
talked about US IL they might chAhge
1t. The sudden demand for god
from Germany, just before the close
OF the year, IL not unusual, nor does
1t count for much. Not facts, but
only desires or fears, have led some to
look for change In the tariff before
March, and considerable speculation
based on that iden has been arrested,
but other business waits for gradu~
al Improvement OF the consuming de-
nMnd. The holiday trade ID general
ly large, though at some points more
confined to cheap goods than usual
But until the new year the only ma
terial changes expected arc such M to
prepare for large business next year
In the iron and steel Industry these
appear OF the utmost Importance.
The demand for cotton goods In this
country falls below the increased pro-
duction and the market Is weak in
tone with the prices of some jobbers
OF beached goods sharply reduced.
The demand for wooden goods seems
to have been postponed until after
the holidays.
Control OF the mountain iron Of the
Mcalba mino has been leased for ilty
yours or purchased by the Carnegie
interests from j. ID. Rockefeller, the
orc to be shipped by his steamship
line ON the lakes and by II new railway
which tho Carnegie company IL
building to Lake erie. This
with tho erection Of lG new
open hearth furnaces, making thirty
SIX, ensures an enormous Increase In
the product mt an extremely low cos,
and will affect all combinations In
steel products or in ore. The billet
pool has practically dissolved and sales
arc reported at from SIG to $l7 with
contracts to consumers through most
of the whole Of next year. The beam
pool has revived and restored the price
to $l55, but nails and steel bars are a
shade lower. Bosscmer pig and grey
forge nre shade lower at pittshurg
Virginia and Alabama iron Is offered
ut % cents lower In the east The sale
OF 5000, 900 pounds Of lake copper is re-
ported at IN The boot and shoe in
dustry Is Near the end of orders, re-
colving scarcely any of the advances
asked, but eastern shipments are still
large. Wheat rose about cents Mon
day but declined still further and
closed y cent lower for the week
Receipts for the last two weeks HAY,
been GOES, 900 against II 600 600 last
year, Atlantic exports for three week,
have been ulour includcn Go2l OOC
bushels, against 59OS,O 600 last year.
Failures In the United States for the
week were 36i, against ~ last year
New York, Dec. 10 Bradstrccts
weekly report says that Wholesale trad,
continues smaller In volume than cX.
pcctod, prac ally the only activity il
wholesale lines being In groceries
candles. fruits and nuts. Tho down
ward tendency OF prices pointed ont ;
fortnight ago continues. nhis include,
quotations for hides which caused boo
and shoe tobhelS to restrict purchases
anticipating cuts IN prices for shoes
Cotton, too, Is lower on confidence y
larger crop than expected; prjn
cloths, AS product OF that staple an,
because of the large stool, of the same
are cheaper Steady or practically uu
changed quotations are reported fo
pork, lard, coffee and sugar, Whca