The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1897-07-17
oUN'S COMMERCIAL REVIEW.

The Probable Failure of the Great Strike
Eoretold, and It's Evil Effects on Business
Discounted-Tin Plate Works Again
Busy, and q General Settlement of Iron
Crop Reports.
NEW YORK. July 10.-R. G.. Dun &
Co.'S weekly review of trade issued to-
day says:
The strike of the bituminous coal
miners has taken IS, 900 men or more
from work and threatens to restrict
supplies of fuel in some quarters,
though the West Virginia and some
other mines which declined to take
part seem to be able to meet the east
ern demand for some months. At the
west the strike is by no means unitedly
sustained and the impression prevails
that it will not last long.
The tin-plate works have settled the
wage question and are again busy, and
show a production of $500, 600 boxes
yearly, with a capacity of $4,000
boxes.
The bar mills have more trouble, but
a general settlement of iron and steel
wages is expected without much de.
lay.
New orders are small since the an
nual vacation began, but yet are large
enough, the season considered, to af-
ford some encouragement Tin is
stronger at S14. 10, without concessions,
and copper, with a large export de-
mand, at liz cents for lake, while in
lead sales of 1,00I tons or more leave
the price about 81 cents.
The cotton mills nav, a steady and
increasing demand, tie quotations OF
middling uplands have been advanced
a sixteenth, aided by speculative
strength on reports of damage to the
crop, especially in Texas and Arkan-
SaS.
The wooden mills are getting de-
cidedly more orders for fall wants and
beginning hopefully on spring goods.
but are cautious in contracts for future
delivery. Some have made large pur.
chases of wool, but by far the greater
part of the sa les, which amounted tc
IA, l20, 500 pounds at the three CHIEF
markets for the week, have been of a
speculative character. Western prices
are held much above those of seaboard
markets, Montana secured being sold
according to reports, at the equivalent
of IL cents at the east against IS at Bos-
ton and 40 at Philadelphia. There is q
better demand for domestic wool in
expectation of higher prices.
While the most cautious estimates OF
wheat yield have been advanced, that
of the Orange Judd Farmer to 57a, OOO,.
600, prices have been lifted nearly 81
cents here. Although Atlantic exports,
flour included, were for the week
1,503, 953 bushels, against 1,41S, $50 last
year, western receipts were small,
only 1884, 32 bushels, against 2, 973, 400
bushels last year, and the disposition
of farmers to hold for higher figures is
strengthened by many foreign reports
1t seems to be the fact that crops II
other countries are less promising thar
usual, and the demand for American
wheat is supplemented, even at this
season, by exports of 1905, 500 BUSH
els of corn, against 530,610 bush
els for the same week last year.
Each week raises the estimate of the
wheat yield, however, and if the
weather continues favorable, the crop
may prove a most important factor in
the future of national and interna-
tional business. The prospect as tc
corn is growing cheerful with
each week and an immense crop is now
anticipated.
Failures for the week have been zoo
in the United States, against 2l5 last
year, and 80 in Canada, against 80 last
year.