Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1897-08-05
BUSINESS is BETTER
so DUNN & co.'s AND BRAD
STREETS REPORTS SAY.
WHEAT GOES STILL HIGHER
Foreign Demand Adds Another 4&
Cents to The Price During the
Week-Prospects of Big Crops of
All Kinds Give a Great Impetus to
Trade in General.

-NS" VI N July " 1bl4A
e Co.'S weekly trade review
says dispatches from almost every
northern city of Importance report
ithCut exception ar improvement in
business, and from Detroit to Seattle
ard Portland cone news of splendid
rop prospects The task Of adjusting the
business and industries of the country
to the conditions created by the new
tariff law has progressed with crafty
ing rapidity and ease. Even an in
creasing strength in the striking coal
miners looks probably towards the
adoption of a uniformity plan, which
promises to remove most of the causes
caused by events. seemingly contradic-
tory; by the closing of large cotton
mills when many other works are
stal ting, and by the decline in some
prices when others aIe advancing, but
the balance is Enthusiastically on
the right side. The most important
! event since the passage of the rev tar
| if which was generally anticipated q
week ago, has been a marked increase
in foreign. demand and al advance in
| the price for wheat, the latter having
| risen Az cents during the week with
western receipts for the first time ex-
ceeding last years, and western rail-
reads beseiged for cars, and with At
| lantic exports 1,719,000 bushels flour
| included) fer the week, and 6,351 GOO
| bushels in four weeks against 6,91S, 900
! last year. The fact that corn exports
| exceed last years, although the price
| is advanced to 80 81 cents, is further
Iroof that foreign demands are sub
stantial. With crop news still favor
able, producers may probably realize
something like SS0,CC0,000 more than
| last year on wheat, which means a
great difference in purchases by agri-
cultural states.
The industrial is partly over
| clouded by coal and iron
difficulties and by the closing of
some large cotton mills. Having run
for months far ahead of consump-
ton, the demand for cotton bought
at comparatively high prices is less
ened and the mills see ahead a large
crop and cheap cotton, and it is but
rational to halt production clear of
accumulated stock at season
| when vacations are common, and thus
begin the new year on it's own basis.
| Wool manufacture answers whole
sCmely and moderately to the new
tariff condition; the advance in prices
asked is not large. With very heavy
stocks of free wool on hand, manufact-
Urers are able, and, in presence of
| large stocks of foreign goods, are
| obliged to engage for next season with
| cut advancing prices in proportion to
the rise in wool and large contracts of
| that nature have already been made.
The selling of wool at Boston where
speculation has been most active, is
suggestive, amounting to S,S4S,000
pounds for the week and at three chief
markets to II, 985, 900. Sales for four
weeks have been 46,109,000 pounds,
22,539 900 being domestic, against T.,
211 900 in all last year.
The delay in the iron industry is
partly because the wages. have not been
settled at all places, although they
have in many, and partly because
the steadily rising demand does not
yet raise prices. In some products
prices are shade lower, notwithstand-
ing larger demand, ewing to competi-
ton between works, but bessemer is a
shade higher. In structural work,
plates, sheets and bars for enormous
operations and agricultural imple-
ments the demand Increases, and for
rolling stock owing to abundance of
crops. Failures in the United States
3. for the week were 236, against PSI last
year.