The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-09-08
TRADE OUTLOOK IS GOOD
POSSIBLE LABOR TROUBLES THE
ONLY UNFAVoRABLE OMEN
AT PRESENT
EXPECT EARLY RESUMPTION
increasing Iron and Steel Business
VIII Probably Enable Little Fur
naces to Go In Blast
Next Month.

NEW YORK, Sept 7.-R. C. Dun &
Co.'S weekly review of trade tomorrow
viii say: The volume of business does
not materially enlarge at the East, and
there is only moderate Improvement al
the West and South; but if expectations
or greater activity when politics cease to
disturb are realized, current operations
VIII be found to have laid a substantial
foundation. The most important event
Of the week in the industrial world w9s
the agreement on the tin plate wage scale
with the Amalgamated association, grant
Ing about per cent advance to 5000
hands long idle. Other metal workers
disputes are nearing settlement while the
Borden purchase Of 500,0 900 pieces of print
cloths at 25s cents clears up the Fall
River market, and is believed to preclude
Berious wage differences there. The final
decision OF the dissatisfied anthracite
miners as to a strike will be reached to-
day. If a strike is decided on it will in
volve only a portion of the anthracite in
terests, and the producers are We'll pre-
pared, as production In August was 61g-
900 tons oyer last year and coal has been
moving to market for two weeks very
heavily
Prices of grain are little altered, good
crop reports coming in freely, but the
effect being neutralized by foreign esti-
mate of worlds crop below require
ments. Wheat stocks carried over were
ample to meet the discrepancy and trad
ers do not seem able to advance prices
more than five cents over last year for
wheat and six cents for corn. This diff
ference is apparently satisfactory to
growers. as 7,450,372 bushels Of wheat were
received at interior cities in the first week
of September, against 5,s45,697 last year.
Exports from Atlantic ports amounted-ro
only 1902, $40 bushels wheat, flour included.
against 2,900,96G a year ago. The Atlantis
shipments of corn made a better compar-
ison than in recent weeks 9079 bil
against $50 last year Cotton is strong
In the face of larger yield than eX-
pected
IRON TRADE IMPROVING
Business in iron and steel products
steadily increases, and mills are more ac-
lively employed. October ! IS mentioned
as the probable date of a general resump-
tion. 1t is significant that ship yards
on the lakes and the Pacific coast are fun
of orders for eight months or more AS
TO pig iron the outlook is no better. In
spite of decrease in production to 231, 77S
tons weekly, according to the Iron Age
furnace stocks have increased to 594 2IS
tons, against 3S9S77 during August; but the
Increase in demand was not noteworthy
until Aug. Is. Railroads have refused to
make reduction in freight rates which it
was hoped would increase exports Bes-
semer pig and gray forge further declined
u per ton at Pittsburg, although no
change is reported at other points Cop
per continues firm, with electrotypic
higher at 1850 bid, and tin advanced
moderately.
Sales Of wool at the three chief Eastern
markets declined to 2,S33,5OO pounds.
against 4,234, 700 in the previous week, and
B,225,2Oe last year. Coates Bros circular
for September made the average price
POSSE for one hundred grades, against Sole
a month earlier.
q Failures for the week were 145 In the
United States, against 132 last year. and
"a in Canada, against go last year.