Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-07-15
DuN.s COMMERCIAL REVIEW.

The Probable Failure of the Great Strike
Foretold, and Its Evil Effects ON Business
| Discounted-Tin Plate Works Again
Busy, and q General Settlement OF Iron
and steel Wages Expected-FavOrabls
Crop Reports.
New YORK. July 10.-R. G. Dun S
| Co s weekly review of trade issued to
| day says:
| The strike of the bituminous coal
miners has taken 75. 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 VIII not last long.
The tin-plate works have settled the
wage question and are again busy, and
show production of 4, 500, coo boxes
yearly, with a capacity of 6,25O, 600
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 $14. 10, without concessions,
and copper, with a large export de-
mand, at III cents for lake, while in
lead sales of 1000 tons or more leave
the price about 81 cents.
The cotton mills nave a steady and
increasing demand, the quotations of
middling uplands have been advanced
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 sales, which amounted to
II, I20, 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, Montana secured being sold,
according to reports, at the equivalent
of AZ cents at the east against IS at Bos-
ton and 40 at Philadelphia. There is
better demand for domestic wool in
expectation of higher prices.
e While the most cautious estimates of
wheat yield have been advanced, that
of the Orange Judd Farmer to 575, O00,-
600, prices have been lifted nearly 81
cents here. Although Atlantic exports,
-four included, were for the week
1908, 95S bushels, against 1,41S, $50 last
year, western receipts were small,
only 1, 394, 632 bushels, against 2, 1913, 400
bushels last year, and the disposition
of farmers to hold for higher figures is
strengthened by many foreign reports.
It 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 1905, 502 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 to
corn is growing more cheerful with
each week and an immense crop is now
anticipated.
Failures for the week have been 200
in the United States, against 2l5 last
year, and 80 in Canada, against 80 last
year.