The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-04-13
TRADE IS STILL DULL
Prices Have Not Advanced from
the Late Depression.
no INCREASE NOTED IN BUSINESS.

Winter Wheat Is Reported Injured and As
q Result the Farmers Are Forced TO
Further ACKNOWLEDGEMENTS Has Not
Favored Active distribution of Spring
Goods-wool Reported Weaker. but Cot
ton l. Unchanged-Thew Weeks Failures.
NEW YORK. April l3.-R. G. Dun *
EOS Weekly Review Of Trade says: The
column of business has not on the whole
Increased nor have prices appreciably ad-
vanced since April /. when the rsege for
all commodities was the low[st ever
known In this country. Breadstuffs and
Iron products have risen slightly but
some other articles have declined and
she root OF the matter Is. that demand for
consumption Is still below expectations
The number Of hands employed has been
slightly lessened by strikes in some estab-
!ishments and by stoppage or reduction In
force in Others. but the change during the
past week has not been relatively impor
tant. The weather has not favored active
distribution of spring goods. and uncer-
tainty as to continued employment affects
the purchases by hands in o large number
Of establishments.
Winter Wheat Injured.
The injury done To winter wheat by
storms aud frosts at the west would ap.
pear from reports of state officers to have
been considerable. Remarkably low esti-
mates Of condition are published by some
Utate authorities, and while this may be
The customary exaggeration. there has ev-
identity been much &C tual loss. which
tends at present to lessen purchases OF
farmers and dealers in farming districts.
But the reports are none more gloomy
than year ago, and tho quantity OF
wheat which has come from the farm
since Aug has been 1888 ISL 594 bushe. ;
against l2g O76. i6o AT the same date lass
year. Western receipts for the week arc
about % per cent larger than last year
and for two weeks about 30 per cent.
while Atlantic exports, -four included,
have been for the week only 9l9,O55 bush
els, against /. 155, 0)6, decrease of nearly
half These conditions tend TO check the
advance, which reached 3 cents, but was
followed by a reaction OF cent.
Corn and Cotton.
Corn rose go cents with wheat on ac-
count of small stocks Cotton has not
changed and known commercial and mill
stocks exceed probable consumption un.
other combinations have raised prices of
pig iron and steel, but rs yet finished
pI oducts have gained scarcely anything,
nor has demand for them increased. The
| output April / was l9J PSI tons weekly,
| against ls9 5S3 March /, but reported
| stocks unsold increased 5S, l6S tons In
March, or i3 lS2 weekly, and there is be
sides the unknown accumulation of the
/ great steel concerns Prices for lake ort
| are announced, as expected, 81. ~ higher
than last year, and the coke combina
tions make no reductions, but gradually
lessen output While purchases Of pil
to anticipate future wants have beer
heavy. actual consumption is but mod
crate. Minor metals are dull, but lead
weaker at 3C5 cents on forced sales west
Wool Weaker.
| Wool Is weaker. with sales for the week
| only 2 232 0O0 pounds at the three chief
markets. the smallest for many years.
| Prices were lower. except for fine washed
| fleece. and manufacturers are rapidly re-
| ducing production There is fair demand
| In the dress grods branch, especially due
| TO important steps by customs authorities
| 60 stop undervaluations of French and
| German goods. but IL Is estimated that
| not 40 per cent of the mems wear ma
| chinery is at wcrk There have also been
| cotton mills stopping or reducing time
this week Further reduction in shirting
| prints. To the lowest point ever touched.
| failed to increase the demand materially.
| Failures for the past week have been 2Oy
| In the United States, against 20I last year
| and 80 in Canada against % last year
/