Barre evening telegram. (Barre, Vt.) 1898-19??, 1899-07-29
THE STATE OF TRADE.
Dun's Review Notes the Tendency Of
WOrkmen to Strike.
SMALLER DEMAND FOR IRON.
Items of Interest Regarding the Con-
dttiOn of the Wool, Cotton,
Boot and Shoe and
Grain Markets.

New York, July 29.-R. G. Dun &
Co.'s 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
sos per cent larger than in 1892, the
best of all previous years. So great an
advance would warrant expectation OF
some setback under ordinary circum-
stances. This year the unusual freedom
from labor troubles about July is fol-
lowed by some signs of tendency to
strike because great works are commit
ted far ahead and cannot halt without
loss.
It Is said that ore handlers are trying
to block the movement of iron ore by the
lakes, and freight handlers have made
some trouble on eastern lines, while sew
eral thousand iron workers at Youngs-
town are striking for another advance in
wages. But interruption of business by
labor troubles of all sorts has been less
than In any other July for years.
Nor Is the movement Of products
hampered. Western receipts in July
have been 1S,S63,S26 bushels against
7,3O0,333 last year to date and of corn
2O,4S5, 251 against 9,173,355 last year,
even the latest week showing large gains
over last year. The street knows that
this does not promise short crops, and
after quite a rise wheat closed only IN
cents higher for the week and corn three
eighths of a cent lower.
Official returns make the iron output
for the first half of 1899 only 8,2S9, 1877
tons, with decline in known stocks out
side the great steel companies Of 1885,
40 tons, and net exports were probably
over 100000 tons. While the increase of
steel companies stocks would probably
make actual consumption less than has
been estimated, it is much larger than
ever before, and yet appears less than
production in June, while production has
much increased this month. Meanwhile
no advance in prices is significant and
slackening of demand in some important
branches.
Much Wool Bought.
Manufacturers have been buying much
wool, it is stated, but less the past week,
although many are taking sample bales.
The New York market is stagnant and
Philadelphia less active, with consign-
ments all above quotations there, which
In turn are below quotations at Boston.
Goods are in fair demand but no fur
ther change in prices is mentioned. Sales
In four weeks have been 46, 72a 500
pounds, of which 3S054 500 We're do
nestle; in 1897, with {. rev tariff coming,
speculation Sook 46,100,200 pounds, nor
NAL consumption being about half that
q1antity
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 1914 1897
cases. against 500 $50 last year, and in
1895, the nearest previous year, 351 ,359
cases.
The volume of foreign trade gains,
with larger exports for the week from
New York slightly greater than last year,
and for the month about 1.6 per cent
smaller while the imports from New
York, 20 per cent greater than last year
for the month, fairly indicate good eX.
cess Of exports such as was seen in June,
owing to the great improvement In the
outgo of manufact products. The
clearings for the week past show outside
New York an increase of 800 per cent
over last year and $50 per cent over
1892.
Failures for the week have been ISL in
the United States, against 225 last year,
and 20 in Canada, against 26 last year.