The age-herald., 1899-07-22
DUN'S WEEKLY
 REVIEW OF TRADE No Signs of Halting in the March
 of Progress. LABOR STRIKES VANISHED Fears Lessen of New and Powerful Cor porations-Prices Have Declined Sharply With Assurances
 of Ample Supplies.
LABOR STRIKES VANISHED

New York, July 21.-R. c. Dun & Co.,, in their weekly review of trade tomorrow, will say:
 Optimism Is always popular, but more than half the time dangerous. Seven years of halting and reaction historically follow three of rapid progress. But the three or progress have not yet passed and the most cautious search discloses no sign of halt ing Foreign anxieties have been real, but seem to be passing, and Europe has been paying literally for more food without ex- pectation that securities can be sent in set- clement.
 The extensive lapor strikes have van ished, and the local market does not af- feet national business. Fears Of new and powerful corporations lessen, as 1t Is found that they are controlled by the same laws which govern the small companies. Above all the general evidences Of pros perity continue convincing, failures are the smallest ever known, railroad earnings the largest and solvent payments through clearing houses tn July have been 4S.6 per cent. larger than last year and 62.3 per cent. larger than in 1892, the best of pre- vious years. Official returns of the most wonderful year in the nations commerce show decrease of $S5, 900 in value of the great staples exported largely owing to prices, but an increase of about $SO,O0O in other exports, mostly manufactures. Fear of deficient crops has been buried under western receipts from farms, amounting to 13 S61 ,046 bushels of wheat for the month thus far against 9.77S,1O8 bushels last year Oapc c-- ain1et 315 bushels last year.
 Exports of wheat, Atlantic and Pacific, have been ,193 bushels during the month thus far against 7,399250 bushels last year and of corn 9,O93,0i1 against 3,O97SH bushels last year.
 Prices declined sharply with assurances of ample supplies, wheat cents and corn 2A, which is the more significant in view of the heavy exports of both. May cotton is also gaining abroad largely, though the price remains 6.19 cents. Pig iron has not advanced this week, but mainly finished products, steel rails to $30 at Pittsburg, billets, $34 sheet bars to $35.50, and cut and wire nails both s per ton. The American Tin Plate company settled
 with it's hands by granting 15 per cent. more wages and raised the price of plates 50 cents per box. In plates one large order for shipment to the Clyde was received; in | bars less urgency of demand appears at the 1 east, but in sheets, works are about filled l for the year, and in structural shapes, be- l sides 3,500 tons for bridges and 200 go to buildings at Chicago, proposal is reported for 5000 tons to build a palace for the Mikado of Japan.
 Coke is unchanged in price and likely to break the record for production this month. Tin is lifted to 2S.9 cents by wild specula- tion at London; copper is firm at 1872, and lead is said to be sold by the smelting com pany below 46 cents, quoted price. Wool is still advancing, Coates Bros. cir cular of the 10th showing a rise of 2.19 cents since May b, speculation being particular ly active in fine wool because 1t is rising abroad.
 Cotton goods are unchanged but fairly strong. Leather is in good demand and | slightly higher, and hides at Chicago rise slightly with limited receipts. Failures for the week have been 145 in the United tates. against POT last year. and 23 in Canada, against F last year.