Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1899-08-01
Bank Clearings Far surpass All
Records for the Month.
GAlNOVER 1892 REACHES 60 PER CENT
interruption of Business by Labor
Troubles Less Than for Years at
This Season ofYear-Dun's
and Bradstreet's.

. ", ANS' ioih5 OuIS hCAC ID NSl =
tainly room for some decrease when
the volume of payments through the
clearinghouse in July is 47.2 per cent
darger than last year and 500 per cent
larger than in 1892, the best of all
previous years. So great an advance
would warrant expectation of some
setback under ordinary circumstances.
This year the unusual freedom from
labor troubles about July 1 is follow
ed by some signs of a tendency, to
strike because great works are COM
united far ahead and cannot halt with
out loss. But interruption of business
sby labor troubles of all sorts has been
aess than any other July for years.,
The foregoing statement is made by
r. G. Dunn & Co. in their Weekly Re-
view of Trade, issued today. The Re-
view continues:
Western receipts of wheat in July have
been 1865, s26 bushels,agains 1900, 1913
last year, and of corn 2O,4S5,251.
against 9,173,355 last year, even
she latest week showing large
gains over last year. Exports Of
wheat from both coasts were 9,939,2SO
bushels, flour included, against s,ss3,19
last year. Corn exports also continue
surprising, 11,6s4,521 bushels for the
month thus far, against 6,767,963 last
year.
Iron Output During 1899.
In spite of large foreign buying cot
ton declined to G12 cents
Official returns make the iron out
gut for the first half of 1899 only s.
sS9,16 tons, with decline in known
stocks outside the great steel compan-
aes OF 2SS, 140 tons, and net exports
were probably over 100000 ions. While
the increase of steel companies stocks
would probably make actual consump-
Il zion less than has been estimated, it
Z Us much larcer than ever before, and
Z yet appears assythan the production in
Hume, while the production has much
increased this month. Meanwhile no
advance in prices is Significant, as is a
slackening Of demand in some import
ant branches The heasYsri in prices
naturally cuts oil much buying for an
advance and eretards buying for con-
sumption. All secorsls are broken in
The ConHeIsville output of 10000 tons
coke foA the week. with 1904 ovens
yielding and on 634 idle. Copper is
strongsaf 1sIfs cents for lake with spot
rec, ord lead weak mt 4.55 cents, but
tiIsI is 6fed 3 Il S1.55 cents, London
leading Vas usual. :.
Il Manntactureirs have been buying
much Wool, it'll is stated, but less the
last we4k, alttk Tough many are taking
sample Ibales. Goods are in fair de-
EaaDd, hut no further change in prices
is mentioned. Sales in four weeks have
been 46s ,779, 60O) pounds, of which 49,
e54, 800 vvere domestic. In 1897, with a
new tariff coming, speculation took 49,
100000 pounds, normal consumption
being bout half that quantity. Cot
ton 20 Npds are stronger for bleached
and the sspeperal tone is good in spite of
cheap POTION. ,Isge.
.ShipilAlents OF boots and shoes from
the cas- in four weeks have been 1884,
379 caseS against ago, $50 last year, and
in 1895, A the nearest previous year, $751;
$50 casBes. Leather continues strong
and scHirce, with a combination OF
}packersk lifting prices of hides at Chi
gcago, SIP that many of the tanners are
quitting that market.
Hd &om In Railroad Business.
i. RailrB load business for July shows the
largestR increase in any month this
year., Nl61 per cent larger than last
yearsaNnd 10.4sper cent larger than in
Failures for the week have been 151
in thei United States. AGAINST 2s5 last