The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1898-02-28

.x..ament Il SHOWN IN s'o
no ,-tron and steel Products Find
p'" Markets-No symptoms of specu-
Craze Are Noticeabie--The WOODEN
s.o,ure Meets Many Cancellations
s',,. Change In Minor Metals
work. Feb. 2S.-R. G. Dun a.
,oe,lv review of trade says: For
w. ross,bilities have much affected
orIation and caused hesitatioh III
70 large business operations, POSI-
s. counting in part for a check In
w rid advance of wheat, but In
..,ol production continues larger
,,ar q few more works being
saod 70 the active list, with oe-
80 in the number of hands on strike
.onewed evidence that the volume
- business is larger than In FEBRUARY
~ previous year. Nor is there any
.,mntom Of a senseless craze paseo OH
.,.,ng prices. The legitimate export
ind domestic demand presses closer 10
aSo capacity of works, ana though
us nv is no Eighty advance in any line,
u s IN all narrowness of profit Is a
an of complaint, new business Tor
,hIs dull season is unprecedented
wheat continued its progress upward
Ill Il OS% was reached on Monday,
= Sut declined ga cents later, as II there
.oro fears that Spain would somehow
ton british vessels from taking wheat
across the water.
Deserves Little Notice.
Arv Welding based on foreign posi-
,n,,es deserves little notice, but the
s.,oo has advanced about 10 cents since
rhicaqo speculators last took occasion
- shake off weak followers and the
onnortunity for reaction was inviting.
There is no abating of foreign de-
mand Atlantic exports were l,9oS'sl4
bushels -four included, for the week,
o0oinst !. 1926. 444 bushels last year, and
poc,acexports. 1,576,376 bushels, against
1s464 bushels last year, and In view Oh
current excitement these figures are
moro important than the aggregate Tor
four weeks. O,496,912 bushels, against
s5SS4l5 bushels last year from Atlantic
norts and 4O53,02S bushels, against l.
| Gil 246 bushels from Pacific ports. Corn
exports for the week were 14.5 per cent
less than last year, but the cash price
declined but slightly. The spot price
= Of cotton was not affected. 1t is not
the season for much Improvement In
textile manufactures, but the cotton
branch has gained by the closing of the
strike in one Fall River mill and by
the addition of some works at the
south.
Wooden Manufacture.
\ The wooden manufacture meets many
cancellations, especially in goods solo
early without definite price, but Is do
ing more than ever at this season
though new business in the higher
grades Of worsted and woolens Is no
particularly encouraging. Sales of WOO
are slow, with weakness in clothing
amounting to about cents decline from
the highest point, indicating that mill!
u have at present abundant stocks, bu
some are selling foreign wool in orde
to take supplies of other qualities. Ii
| goods of medium and low grades thu
demand continues large.
The silk manufacture shows re
markable increase during the last si'
months, having imported raw materia
\ far in excess of consumption in an!
= previous year and at a rate 12O pc
cent. above the imports in the last cen
sus year.
Larger Demand for Iron.
The iron manufacturer has more de
mand for products and slightly bette
prices for bessemer pig, which has ad
vanced to 5000 at Pittsburg. with gra,
forge unchanged there. Local coke |
strong at Chicago in spite of som
southern weakness and eastern anthra
cite really unchanged, though quota
tons are a shade lower. No sfinishe
products have changed in price and al
are strong in demand excepting bal
which combination has failed to ad
vance. Some large contracts are re
y ported, especially in car and bridg
building, ship and structural work, an
the demand for sheets is heavy. Mino
metals change but little, tie weakenin
shade to lac with large receipts.
Failures for the week have been %
In the United States, against 296 las
year, and thirty in Canada, agains
hfty last year