Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-07-27
UNEASINESS
OF LABORERS
Cause Of Much Interference with
Trade Conditions East,
MARKET WAS TOO SANGUINE
Danger OF strikes n Drawback-shil
There IL Large volume Of bu.i-
ness Now aud In Prospect

New York, july 27.-Discusslng trade
conditions the lyon Age viii say TO-
day!
'Thc unoaslncss and scarcity Of la
Dor IL one Of the most serious phases
of the present situation. The slight
est protext IL apparently seized upon
for an opportunity TO strike. Such dis
turbanccs have their immediate effect
Ia throwing the whole line Of Industries
out OF gear. so closely dependent upon
work to full capacity Is each link IN
the chain.
"The lake ore situation seems TO
cause most uncasluess In this direction
and II looks IA though estimates Of the
probable tonnage 90 be brought TO mar
ket before the close OF navigation VIII
have to undergo revision. That this
has been anticipated by some Of tho
large interests 81 indicated by the re-
ports that arrangements have been
made to haul large quantities Of Lake
Superior ore TO the furnaces, By RAIL-
during the whole winter.
1T is somewhat dlfnoult to judge OF
the demand. a good many OF tho
urgent requirements which come up
are really 20 cover material purchased
from. but not delivered By other max
cra. The majority of the consumers Of
raw material seem to be buying from
hand to mouth and show little DISPOSE
ton 20 place long time contracts. un-
less prices are guaranteed. which Is
sometimes done.
ION the other hand, the testimony
from leading Western distributing
markets Tor foundry pig iron all agrees
on the principle that large sales for
delivery lar into next year arc being
made at present full prices. This ia
/ certainly not true u the country cast
VI the Allegheny mountains.
"'rhc development OF the pig iron
production has been, as was predicted,
/ very much slower than the Hanguine
were willing 10 admit But while mat
was true during the first half of 1899,
/ II viii certainly not be- during the Soc
und half Furnaces Ia make foundry
! iron are blowing IN right and Left, and
/ there will be "a notable Increase In this
| direction. The majority Of them, II 10
/ true. are sold ahead, but any disturb
/ unce OF consumption would b. quickly
| felt.
'''rhe shoitagc OF pig iron IL most SER
/ ioua IN Btfsemcr pig. and 70 IN reported
! that one large Interest has been draw
I iug steadily ON rs emergency stocks
and may be SION forced to supplement-
IA own supply by purchases In the
| open market.
There h very little doing In steel.
although very Htin prices are paid for
small lots for early guaranteed dcliN-
! cry, A second eastern steel plant has
taken q large order for steel wire bill
let's foi delivery during tho current
year.
In tia West and East the demand
FOR bars shapes, bands, hoops, ctc.,
continues heavy. Car builders have
placed some good orders iuid season
CONTRACTS from the agricultural implc-
| mcut makers are coming In. The
structural mills are under heavy pres
SURE and the plate mills continue
Hwamprd
The wire Industry h reported 10 b.
| quiet Ho Tar us now business IN cuu-
ccrnod. Thla iu usually the of-season
1.-The European markets seem ON tht
crest OF as extraordinary "a rise af
our own. In England buyers seem
now TO be holding on. From the con.
tincnt continuous stream OF In
Quirlrs o. Htill coming. but little IL be-
lng actually put through