The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1897-09-13
d CHECK IN ADVANCE
.,,oss Is Growing Better in All
Directions:
REVIEW orr. G. DUN& CO.

and i'm the Power oil the reoPio ."
Farmers Are Helped by the
,or Prices for Wheat-Gain In the
of pig Iron-Foreisn Demand
,ybeat-Business Failures
work Sept. 13.-R. q. Dun IL CO.'S
review OF Trade says: There
halting in the advance. business
~,ows better in all ways. for while It's
eoon,atiye end breaks conspicuous gam
90 for a decline, steady increase IN
a,otion in working force, and In the
yp.or Of the people to purchase is the
p.,,ro which overshadows all others
panorts Of New York trade unions snow
increase since one year ago or "a per
art in the number of men at work
similar increase among men IN
NJ rosition throughout the country
I'D exceed 100000, while every week
d odds many Establishments to The active
a. The coal miners strike mas dis-
n,osed such facts ard brought TO light
snoh diferences that work will probably
- NV soon resumed by a large share
Of the men.
Higher Prices for Farmers.
! IT, farmers are helped by higher
u .rices for wheat, and, while western
| ranoints do not show that they have
,oorketed a tenth Of their crops, assur-
bnce Of a handsome profit to come pre-
80 them 10 buy literally hereafter.
Eecquse Of this and the increase or
hands at work, dealers throughout th2
country have started TO replenish stocks
y which is the great force at present oper-
otine in manufactures and trade. though
Ii.trjbution by retail trade has greatly
,rcreased A gain Of - per cent. in one
month in the output Of pig-iron, from
Ie5 g7S tons Aug. to 1896 Sept. l,
with knowledge that half a dozen other
furnaces are preparing to resume. and
that unsold stocks have been reduced a.,
|, 400 tons weekly in August, indicating
CONSUMPTION Of about 10000 tons. more
thar explains the moderate advance II
nrices Of finished products averaging
hut per cent since the lowest poir'
on Aug. II,
Growing Demand for Consumers.
Pig-iron is a shade stronger at Chi
cago. but the proof that the advance /:
healthy is found in the growing de-
mands of consumers especially for bars
with inquiries for 100000 tons reported
at Chicago for structural work. includ
ing 1900 tons for Santa Fe bridges. fo
all sorts of car material. including TO-.
900 axles, and for plates. especially fol
shipyards on the lakes, so that the mos
prices have advanced 81 per ton. Rods
sheets, and merchant pipe are In heav!
demand. Copper is steady and lead {
shade stronger at $4.15, and the produc
ton of coke has reached $4,000 tons
with 12.717 ovens in operation. Whea
has risen cents the past week, not in
furry. but in answer to the daily in
creasing foreign demand. Though re
ports Of the crop, now almost wholly on
Of danger, indicate a yield never sur
passed but once, foreign account still
strengthens the belief that the deficien
cy abroad will be about loo, 900, 600 bush
Is more than usual, and meanwhile re
ports indicate that less corn than wa
expected will be available for export
Its price has risen about * Of a cent.
Foreign Demand for Wheat.
While wheat receipts at Chicago hav
the western points are for the week
little below last years, but Atlantic ex
ports of 9,77S.1SS bushels. flour included
against 4,270,755 bushels last year 70
two weeks, with 5,579,771 bushels c
corn, against 3,5707O4 bushels last year
indicate a foreign demand APPARENT
limited at present only by ship room
Since the small corner in August. cot
ton has relasped to 71a cents. no rumor
affecting prices much. Northern mill
are consuming very largely, with con
tinuing demand for goods. which ha
advanced the prices Of many. Wit
enormous speculative sales of WOO
which appear to constitute most Of tn
market al Boston, there Is also nor
buying there than elsewhere by tn
wooden mills. which are enjoying extra
ordinary demand for goods at prices ay
eraging not 10 per cent. higher tina
was paid early in the year. The aver
age advance for the week in suret'e
has been Slip per share for railroad
and 10 cents for trusts. Failures for tn
week have been 215 in the United State
against 315 last year, and 35 in Canad;
against AZ last vaar