The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1897-07-24

trade. issued Saturday, says:
Excepting the great coal miners
strike. which may terminate Of any
time there is scarcely feature OF the
business outlook which is not encour'
aging, the season considered. crop
reports have been improved by needed
rain in some regions and foreign ad'
vices continue to promise large de-
| mand. In many home industries, par
ticularly in building, there is more &C,
tivity than in any year since 1897 ana
| the week has brought better demand
in boots and shoes and in woolens,
while the m movement in freight, mainly
iron ore, through the Sault Ste Marie
canal is the largest in its history. With
money markets unclouded, there IS
nothing in sight to hinder rapid I'M
movements when uncertainty about
y legislation has been removed, TOR the !e
miners' strike could not last long II
business and industries should become
: active. There is much less apprehen-
sion of a failure Of fuel supply than
there was during the first few days.
when prices rapidly advanced, and
large quantities Of coal from West Vlr'
cinia have reached Northern markets.
but some of the miners in that State
have struck.
The advance of wheat to 81 1-Sc was
not due to the government estimate,
: which was followed by decline, but
to foreign advices and considerable
buying for export. Demand is already
] fell from Australia, South Africa, Bra
i iii and even Argentina, while the pros
. pect for European crops is not consld
Z cred bright. The disposition OF farm
y ers to keep back wheat for highe!
4 prices may affect the outward
y movement, but Atlantic export
D during the month Of July, f ,ur includ
n ed have been 3,115,343 bushels
= against 1888 last year. Wheat close
y 4c higher for the week and corn hal
\ cent higher. Cotton is one-slxteent
y higher, the closing or partial stoppag
n of.important New England mills hard
y " neutralizing in market estimatio
y the apprehensions of injury tro'
d drouth. The cotton goods mark'
VI does not yet reduce the accumulate
(. stocks, as the curtailment OF produ
Y ton shows, but is growing little mo-
u healthy, without change in price
= Woolens for the coming season ha'
F" not been generally shown, though c
- some low priced goods advances of
~ per cent. are asked and presumab]
a will be asked on better grades. The
u, is rather more business in recorder
and tie tone is more confident. Spe
ulation in the wool market continue
:R with prices at all points stronger,
Boston advancing with signs OF Doc
among dealers, in which manufacture
are taking little part at current prlcs
and at the west, where holders
looking for great advance. lnpo
ow at Boston were %, 1862 bales in the t
weeks and the dealers are said to ma
bought 100000 bales more. in Aonde
d. Sales were l0,452,300 at the tn
>" markets for the week and 24,575,e
- in two weeks, Of which y, 6O7, 20) W
domestic. The output Of iron turna
July / was 1G4,064 tons we
ly, against 16S,35o june l, I
several furnaces have gone i
/ blast since July l, and the outp'l'
large for the season. Presumably
unprecedented share of it is to sup
the great steel companies, which
even now putting more furnaces i
blast, and have heavy orders tai
1 when prices were dropped while
demand for structural shapes
/ plates is large, and for bars improvi
i, though steel bars are now at the loV
! quotation ever known in Pittsbr
ST. to 9Oc, with Bessemer pig quo
I slightly lower.
- Tin plates are also lower at $40
. full weight and less than $500 is
,,,,, for one hundred pound boxes. +
ures for the week have been 263 IN
On. United States, aga nst 269 last y
{ and 81 in Canada, against 80 last J