The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1897-01-11


Goods-Exports of Wheat.
New York, Jan. n.-Bradstreets
says: With the exception OF reports
from a dozen south Atlantic coast and
gulf state cities, jobbers at nearly all
distributing centers say business is dull
and without new features. Demand
has improved at Chicago and st. Louis
for hats, hardware, shoes and dry goods,
but trade in those lines is fair only.
Colder weather has stimulated pur-
chases of clothing at some points. Lit
tie general recovery from holiday dull
ness is reported as yet. At most GEN.
tiers statesmen are just starting out.
Collections are reported unsatisfactory,
but in many instances merchants ex-
press themselves as hopeful Of good
spring business.
The price movement has had little
significance, advances having been
shown in hides, which have become rel
atively scarce, turpentine, coffee, wheat,
oats and tin firm and practically un-
changed quotations have been recorded
lOI wheat poih, sugar, NpNlSAi'
print cloths and petroleum, and reac-
tions are reported in quotations for
southern pig iron, lard and corn. There
is no change in the wool market, manu-
facturers declining to buy until they
receive orders for goods. More strength
has been shown by boots and shoes
since the first of the week. Iron and
steel have been disappointing. as con-
sumers evidently anticipate a further
reduction in prices and refuse to place
orders. The week has been marked by
exceptionally heavy orders of southern
pig iron for export. Cotton goods re-
main as depressed and the market is
as unsatisfactory as heretofore, with
lower prices expected.
Exports of Wheat and Flour.
Exports of wheat (lour included)
from both coasts of the United States
this week amount to 3,10S,6Ss bushels.
as compared with 2,707, 900 bushels last
week, 3,471 900 bushels in the first week
of January, 1896, 1851, 900 bushels in the
week of 1894, and as COM
pared with 3,30S, 900 bushels in the like
period of 1893. Total exports of Indian
corn this week. amounting to 4,S19,216
bushels, constitute the largest weeks
aggregate shipments reported. Last
week the total was 2,742, 900 bushels and
in the week one year ago it was 1885,
600 bushels. In the first week of Janu-
airy, 1895. the aggregate was 100000
bushels and in the like week of 1894 1t
was 100000 bushels, while in the corre-
spending week in 1898 the total was
S24 900 bushels.
The weeks total Of business failures
throughout the United States is ass, one
of the largest ever reported. This Is
constrasted with 329 in the last week
of 1896. with 446 in the first week OF
1885, 405 in the corresponding week of
1885, and with 4S4 in the like portion of
1894. There are sixty-five business fall
ures reported from the dominion of Cam
ada this week, compared with thirty
seven last week. fifty-three in the first
week of January. 1896, and like total
in the corresponding time OF 1895.
The stock Market.
Bradstreet's review of the stock mar
ket says: In point of activity the first
week of the new year has proved dis
appointment to Wall street Not only
have transactions continued to be on a
very limited scale, but the quality of the
fessional. To compensate for this, the
tone has been on the whole, very strong
throughout. prices having evinced
to advance when any little
encouragement was presented for so
doing, while bear interests endeavored
to test the market from time to time
and even sold stocks to some extent
The impression produced was, however.
oil 90, .
concerned, and though the chief Incl
dent of the week was the reduction of
the Delaware and Hudson dividend
from per cent. to per cent, with a
decided decline in that stock, it's infu-
ence outside of the anthracite group
was limited. The strength of the mar
ket, as a whole, was attributable, in the
main. to q belief that the Cuban agita-
ton at Washington had been worn out.
and to the reports from that city early
in the week. indicating that the resolu-
tons recognizing Cuban belligerency
would not be pressed further in the
Hesitation of the Public.
Later on there were rumors that fur
Their efforts would be made to renew
the question, and to this fact the
street Is lncllneu 10 attribute the neS-
itation of the public to take part in the
stock market. and the equally appar-
ent Discrimination of large interests to
adopt any aggressive speculative poll
icy with reference to the properties
with which they are financially identi-
fed. More or less stress Is laid upon
the somewhat better results shown by
the latest reports of railroad earnings.
and news In the southwest that corn is
moving more freely, which has an ap-
preciable influence upon some of the
granger stocks. Europe has been in
active, and as money rates in London
have failed to weaken with the advent
of the new year, there is no expectation
of assistance from that quarter. For
eign exchange is higher rise being
natural at this time, but speculatively
the fact has had no particular effect
The bond market Is less active than had
been expected in view of the large paw.
ments on Jan. 1, though the investment
demand is sufficient to keep prices
steady.
Jumped to His Death.
New York. Jan. 1.-THE police of Pat
ersOn N. J. raided n dog foht a., r..