The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1899-07-29
MONTH OF STRIKES
Shows Less Disturbance Than Any
Other July In Years.

New York, July Or. G.. Dun e. Co.,
IN their Weekly Review of Trade says:
There is certainly room for some de-
crease when the volume of payments
through the clearing house in July is
AZ per cent larger than last year, and
So g per cent larger than in 1892, the
best of all previous years. So great an
advance would warrant expectation of
setback under ordinary circumstances.
This year the ususual freedom from
labor troubles about July 1 is followed
by some signs of a tendency to strike
because great works are committed far
ahead and can not halt without loss
But interruption of business by labor
troubles of all sorts has been less than
in any other July for years.
Nor is the movementof products ham
pered. Western receipts of wheat in July
have been Is, S63, 826 bushels against
1903, 1873 bushels last year to date and
of corn, 20, 49, PSI bushels against 9173,-
355 bushels last year, even the last week
showing large gains over last year. Ex-
ports of wheat from both coasts were
9,9S0,28 bushels. flour included, against
S,SS3, 1872 bushels last year.
Corn exports also continue surprising,
11,6S4,521 bushels for the month thus
far, against G. 76E7, 1868 bushels last year.
In spite of large foreign buying, cot
ton declined to 6.12 cents. Official re-
turns make the iron output for the first
half of 1899 only 6,2S9, 167 tons, with de-
cline in known stock outside the great
steel companies 2SS, 140 tons. and net
exports were probably over LOG, 900 tons.
While the increase of steel companies
stocks would probably make actual
consumption less than has been esti-
mated, IT is much larger than ever be
fore, and yet less than the production in
June, while the production has much
increased this month. Meanwhile no
advance in prices is significant and a
Slackening of demand in some important
branches. The heavy rise in prices nat
urally cuts off much buying for an ad-
vance and retards buying for consump-
ton All records are broken in the Con-
nellsville output of $780, 200 tons of
yielding and only 634 idle Copper strong
at 1879 cents for lake with spot scarce
and lead weak at ASS but tin is quoted
at S31.55, London leading as usual
Manufacturers have been buying
much wool, it is said, but less the past
week, although many are taking sam
pie bales. Goods are in fair demand
but no further change in prices is men
toned. Sales in four weeks have been
46.779,600 pounds of which IS, 954, 800
pounds were domestic; in 1897, with a
new tariff coming, speculation took 46,-
100000 pounds, normal consumption be-
ing about half that quantity. Cotton
goods are stronger for bleached, and the
general tone is good in spite of cheap
cotton. Shipments of boots and shoes
from the east in four weeks have been
3s4,S79 cases, against $50, $50 cases last
year, and in 1885, the nearest previous
year, 351 1853 cases. Leather continues
strong and scarce, with a ombination
OF packers hitting prices of hides at Chi
cago, so that many of the tanners are
quitting that market
Railroad business for July shows the
largest increase in any month this wear
16.1 per cent larger than last year and
10.4 per cent larger than in 1892
Failures for the week have been ISL in
the United States against 225 last year
and 20 IN Canada against 26 last year