Barre evening telegram. (Barre, Vt.) 1898-19??, 1900-07-21
BUSINESS DULL
Comment by Dun's Review on busl'
ness of the Week.
uA1.T1N THE IRON MARKET.
charm Fall In wheat and Corn '"A'"
TO Reject Public C"nci""'""'
Regarding Extent "f IN
Jury to Crops.

Jury to Crops.
Now York, July Fir. G. Dun y
Co. weekly review Of trade says:
The midsummer vacation mas a're"u'
disposed of the prophets who gave ~
"ueek mr. two" but there are rev slsnS
70 indicate its probable duration. Inc
compact of lake ore producers ho. " az"
standard bessemer ore below @o'oo ~
lower lake ports this year, with COKE
hold at az. much lessons the probaoi'-
;+v that the market will wait for pesse-
mer mig to go far below $40, ana some
increased buying already appears ny
makers of implements, not as YET III SCI"
son contracts, but enough to give nope
OF opposite tenor are threatened s"''s w
tho Resscmer association to force accept
ance of large quantities of pig by the
Steel and Wire company on old contracts
The great rail interest makes no change'
nor the tin plate interest, now sald 10 oe
meeting demands from decreasing STOCKS
The price of angles weakens, ana IRON
bars and plates are much depressed by
steel quotations at $1.15, but not much
beyond waiting is probable until wages
for the coming year can be settled.
The halt in the great iron industry nee
essarily affects both business and pros
meets in some others. The same extern
sive building strikes which have cut OF
the use of much structural steel have also
nrevented n vast use of lumber. which
wss. like iron, extraordinarily advanced
in nrices. The eastern association trled
without avail to hold prices, and the
North Carolina association caused OK
tensive curtailment of output, While the
lake association two weeks ago resolved
to maintain prices, but the needed mar
ket does not yet appear
Wheat and Corn.
The sharp fall of 2la cents in wheat
and Az cents in corn appears to reflect
public conclusions after hearing much
evidence. official and unofficial, regarding
the extent of injury to both grains. 1t
would not be far from the truth to say
that the contradictory character OF these
statements of injury has well nigh de-
yrived them of weight, so that the public
reckoned ON a destruction of 1O0,O00.00
bushels of wheat by drought as possible,
but not much more probable than that
the official estimate of yield was 100000
600 bushels too low The same resulting
outcome in either case would be enough
to meet all probable home and foreign
needs for the current year. The legitl-
mate conclusion ms to corn goes even fur
Their and is by the public accepted as evil
dence that even the strangely increasing
foreign demand in recent years, with
enough increase for gradually expanding
home needs, can be safely met The
shipments 60 on at quiet and moderate
pace, in three weeks from Atlantic ports
| J;661 sol bushels wheat, flour included.
against 6.505.393 last year. from Pacific
ports 1851, 597 bushels against 1,21S,64S
last year and Of corn 0,G2O, 53S bushels
against 9,2S9,99 last year.
The weekly return of failures begins to
have a significance not heretofore belong
ing to them. The decline in iron prices
and the reverses in cycles. real estate,
building and lumber are reflected in July
already by nine failures for 100000 or
more each, of which one was In iron, one
| in silk, two in lumber and building and
| five in machinery and cycles. The total
failures for two weeks of July were 3d.
S11,712, Of which $3.6S0.066 were in
| manufacturing and $1,329,757 in trading
| concerns.
Failures for the week have been 231 in
| the United States against 145 last year
| and p in Canada against % last year.
General Markets.
| New York, July co.
| FLOUR-State and western dull but more firm
i ly held at old prices Minnesota patents, s4,2a
476; winter straights, 3d. .5a3.9o; winter extras
$2.76a3. 10; winter patents $4a4.50.
| WHEAT-Opened weak on cables, but recovered
| on an active demand from shorts, stimulated b,
reduced California crop estimates and bullisl
| northwest news September, SO3saSls4c.; Decem
| Der, 81 1.l6as2%c
| RYE-Quiet; state, 58a57c., c. l.. f., New York
| carlots No. 2 western, Soc, +. 0. b., atloat.
| CORN--Opened lower on heavy rains west. but
afterward rallied with wheat September, 43As
| 1890; December, 4lssa4l12c.
OATS-Quiet and steady; track, white, state
! 2911a34c; track, white western, 291aa34c.
| PORK - Steady; mess, $l275al3.50; family
| $l4. 50al5.5O.
LARD-steady; prime western steam &c.
BUTTER-Firm; state dairy, 1512alS1ac.; cream
cry, 16laal9kc.
CHEESE-slow; large white, 9Ac.; small white
91aa9Ac
! EGGs-Firm; state and Pennsylvaniz at mark
l4a17c for average lots; western, IGN off, Isl
151ac.
| SUGAR-Raw strong; fair refining, Csc cen
trifugal. o6 test, 47sc.; refined firm; crushed
| 6.50c; powdered, 6.20c
| TURPENTlNE-Steady at 46Aa47Ac.
! MOLASSES-Firm; New Orleans, 44a55c
RICE-Firm; domestic, 41saGl2c.; Japan, ~;
4Nc.
TALLOW-steady; city, 4Aac.; country, AZ.
lhc.
| HAY - steadier; shipping, 7oa7&.; good t,
choice s0a90c