The Topeka state journal., 1897-07-10
BIG CROPS.
Dun & Co. Report Bright Pros
poets for Wheat and Corn.
The IOutlOok for Fall Trade is
Excellent.
WOOLEN GOODS RISE.
The New Tariff is Already Be-
ginning to Take Effect.
Prices Advanced 1-5 of One Per
Cant in lima
WOOLEN GOODS RISE.

New York, July 10.-R. G. Dun & Co.
say today:
The strike of bituminous coal miners
has taken 5000 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 claim to be able
to meet the eastern 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 set
tied the wage question and are t-gain
busy, and show a production of 800, 900
boxes yearly, with a capacity of $780,
600 boxes. The bar mills have more
trouble, but a general settlement of
iron and steel wages is expected with
Orders are small since the annual va
cation began, but are large enough, the
season considered, to afford some en-
cOuragement Tin is stronger at 14.10
cents without concessions, and copper
with a large demand. while in lead,
sales of 1000 tons or more leave the
price about 81 cents.
The cotton mills have a steady and
increasing demand and the quotation
of middling uplands have advanced a
sixteenth aided by speculative strength
on reports of damage to the crop, eS-
pecially in Texas and Arkansas. The
woolen mills are getting decidedly more
orders for fall wants and beginning
nOpeIOIIy on spring SOOdS, Dut are eau
touS in contracts for future delivery.
Some have made large purchases of
wool, but by far the greater part of the
sales, which amounted to 4,120 500
pounds at the three chief markets for
the week, have been of speculative
character. Western prices are held
much above those of seaboard markets.
While the most cautious estimates of
the wheat yield have been advanced,
that of the Orange Judd Farmer to
10000 bushels, prices have been lift
ed nearly 3Ac here, although Atlantic
exports, flour included, were for the
week 1903, ,953 bushels, against 1,418, 1886
bushels last year. Western receipts
are small, only 1884, ,632 bushels, against
2,973, ,409 bushels last year, and the dis
position of farmers to hold for higher
figures is strengthened by many for
eign reports. 1t seems to be the fact
that crops in other countries are less
promising than usual and the demand
for American wheat is supplemented
even at this season by exports of $685.
954 bushels of corn, against $50, $40 bush
els for the same week last year. Each
week raises the estimate of the wheat
yield, and if the weather continues IA
vorab1e the crop may prove a most i'm
portant factor in the future o. national
and international business. The pros
pect as to corn is growing more cheer
full with each week and an immense
crop is now anticipated.
Failures for the week have been 2O6
in the United States, against 215 last
year, and 80 in Canada against 80 last
year.
BRADSTREETS
Bradstreet's says:
There is only a moderate volume of
trade throughout the country, the more
noteworthy changes being a checked
demand west and northwest, due to the
excessive heat and storms; continued
favorable reports as to the cereal and
other crop prospects, and disturbance
in industrial lines due to the strike of
about 10000 bituminouS coal miners
and the reluctance of West Virginia |
operators to join in the strike compli-
Gates the situation. The prospect of an
early settlement of the tariff has
siren gthened the widespread feeling of
hopefulness that the autumn will bring
a revival of cOnSumptive demand. Or
ders for clothing, shoes and hardware
for fall delivery are already more fire.
quent at Baltimore, Chicago and Oma-
ha. The movement of dry goods is
checked by midsummer stock taking,
but retail business in seasonab1e lines |
has been stimulated by seaSOnable |
weather. There is no improvement in
demand for cotton or wooden goods, but |
the latter are higher, based on the cost
of wool
Prices show an advance of one-fifth
of per cent during June.