The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1897-08-02
RTSINESS IS THRIVING
u..t Northern Cities Announce
"' Improvement in Trade.
u,rKLY REVIEW OF r. G. Dun G co

I'm Demand for American Wheat
I'D an Advance In the frice are I'm
,.,ging Features-Even the Miners
- promises IA Happy Conclusion
Manufacture Answers Whole
90 the New Tariff Conditions.
-, york. Aug. Pr. G.. Dun &
vveelkly Review OF Trade says:
V,,snotches from almost every northern
a., Of importance report without eX-
.tion Improvement In business ana
Detroit TO Seattle and Portland
,1,d,d crop prospects. The task of
,,,stire the business and industries
oountry TO conditions created by |
law has progressed with graft
,,riditv and ease. Even the In
Rins e,rT strength of the striking coal
90 probably forwards the adoption
~ .be uniformity plan, which promises
~ ranoove most of the causes of such
'..,,goles Some confusion is caused by
vents seemingly contradictory; by the
,oatro NJ large cotton mills when many |
other works are starting and decline
e. some prices when others are ad-
warcing but the balance is unmistaka- I
bly on the right side.
rse Advance In Price of Wheat
Tho most important event since the
cossage of the new tarin law Whlch
Los generally anticipated week ago.
vs. heen the marked increase In Foreign
demand and advance In price for wheat
the latter rising Az cents during the
u,eek With western receipts FOR the
erst time exceeding last years anu
western railroads beseiged Tor cars anu
with Atlantic exports OF l,llS'i5S Dush"
els -four included. for the week. ana
e25117S bushels in four weeks against
s917 500 last year; with heavy contracts
for shipment, exceeding l,2OO,OOO push-
els on a single day, Liverpool reports
80 shipment from America to north
ern Bohemia and with French markets.
excited. speculative sales here have lit
tie influence.
Good Outlook for Producers.
The fact that corn exports exceed
last wears. although the price has ad-
vanced to 1921 cents, Is further PROOF
that foreign demands are substantial
With crop news still favorable produc-
ers may probably realize something ike
sSOOOO,OO0 more than last year on
wheat, which means great difference
in purchases by agricultural states
Corn also advanced LIS cents. ana cot
ton a sixteenth. though reports as 10
yield are good.
The industrial sky is partly cloudeo
nv coal and iron difficulties and by the
closing of some large cotton mills. Hav-
ING run for months far ahead of con-
suming demand on cotton bought at
comparatively high prices. the mills see
ahead a large crop and cheap cotton
and il is but the rational way to halt
PRODUCTION. clear off accumulated stocks
at the season when vacations are COM
mon. and begin the new year on It's
own basis.
Answers to Tariff Conditions.
The wooden manufacture answers
wholesomely and moderately to the new
tariff conditions, and while the open
ing of light weights below about ,
in cost has met a very encouraging
demand. the advance in prices aske'
is not large. With very heavy stock
of free wool on hand, manufacturer
are able, and, in the presence OF lars
stocks of foreign goods are Obliged |
engage for the next season without az
vancing prices in proportion TO the IT'S
in wool, and large contracts or that ma
ture have already been made seillh
wool at Boston, where the speculatlo
has been most active, Is sugSestlV'
amounting to S,s4S.000 pounds for IN
week. and at three chief markets
1884, 5OO Sales for four weeks haV
been 46,1O9.2 200 pounds. 22,5SS,5OO oeln
domestic, against 7,211,S9O in all la
year.
Iron Industry Delayed.
Delay in the iron industry is part
because wages have not been settled
all works, though at many, and part
because steadily rising demand does II
even yet raise prices. In some produc
prices are shade lower, notwithstah
ing a larger demand, owing to compe'
ton between works, but Bessemer
shade higher. In structural Wo
plates, sheets and bars for the emo
nous operations Of agricultural IMP
ment works the demand increases, al
for rolling stock owing to the abundan
of crops.
The failures for the week have be
2S6 in the United States, against
last year, and twenty-eight In Cana'
against forty last year.
Too Much Rain for Them.