The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1898-04-04
|TRACING RECORD.
bud Does Not Affect Bust.
ness as Yet.
luUREs FOR THE QUARTER


the First Three Months OF the
aoa Have They Been smaller
or Money Advance Z" o Per Cent
~ Breadstuffs Continues To He
Advance in the Price Of Cotton
and steel Market.
Fork. April Ar. G. Dun d Co.'S
review of trade says: In spite
conditions since the destruc-
the Maine, Feb. Is, failures In
onths are smaller than In the
rter OF any year since 1886, the
defaulted liabilities to payments
clearing houses has been the
for that quarter since 1881, the
Of liabilities per firm In bust
been the smallest since 1880.
average of liabilities per failure
lower than ever before in any
II is especially significant that
b,res for less than 100000, with
terial decrease in number, were
cent. smaller than last year in
turing, and "a per cent. small
|rading.
Ear cloud which, many have in
must have greatly increased
cial disasters, does not appear TO
NV such effect as yet, and while
some decline in the new orders
,stries. nearly all live works are
ca far ahead that differences is
Compels Liquidation.
for money have advanced, and
pr cent. which used to be the rul-
IN active times again prevails,
eompels many spectators to liq-
But the imports of gold go far
ent any real anxiety. Moreover,
h part of the hypothecated ex-
on Europe has been sold and or
gainst it, there is known TO be
kSO. DOC. 600 more yet in the banks
York and $12, 100000 in other cit
ainst which gold is liable to be
ed because there is small pros
any better settlement.
81 outgo of breadstuffs contin-
Atlantic export being 2,516,22(
-four included, for the week
2,1S5,S7S last year, and Pacif'
borts. 542,147 bushels, agains
last year, and for the last five
from both coasts the export:
been 16,592,917 bushels. agains
last year. Meanwhile corn ex
have been for the week 1857 OF
against 4,291.621 bushels las
81 All the speculative movement
west have been less Influential
his heavy and continued buying
In, and western receipts begin t
as if supplies were no longe
ted.
Slight Decline i'm Wheat.
BIT has declined slightly, but corr
Kanced "a cent for the week, an
imagines that foreign trouble
heck the outgo. Cotton has ad
Il because of the idea that pro
b may be reduced, although re
"a from plantations thus far hav
reater by about 10000 bales tina
from the largest crop ever raised
bile the mills are now nearly a
the consumption does not excee
1ximum.
SMALLEST sales of wool for man
[are reported at Boston, and ths
three chief markets sales hav
5nly 1,466, 500 pounds for the weel
bout one-fifth of the last year
quarter. The stocks held b
acturers have evidently bee
greater than anybody suppose
ley are not yet buying after sevel
bths of waiting, nor showing ar
ition to buy, though nearly a
korks are running full.
government Orders Help Steel.
iron and steel market shows I
De, for with works fully employt
|me additional works put into Of
b for government purposes p
lower anywhere. and at Pitt
d shade higher for Bessemer, b
of an agreement by valley pr
while without agreement
ba mines the purchases of ore
and were over 1,000,0 900 tons f
Aek. Billets are still scarce al
bars in demand. though wire TO
wer and wire nails are weaker
of the imperfect combination
rs.
pr prices for manufactured pro
Ire unchanged, although nails a
Be stronger. with a Russian ord
1Dg for $4,000 tons to complete [
: & railway, and plates are in We
demand, 5000 tons for cars al
tons for other use at Pittsbui
1000 more originating at Chicat
structural orders cover 4,2OO to
Hiding at the east, with 1000 me
tsburg and many at Chicago.
lures for the week have been
United States. against 26O Ia
l.