Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-06-30
new TRADE INFLUENCE
Industries Beginning to Feel the
Effect Of Growth Of the
Nation.
Multitude Of Influences Now Being
Felt in Business Of the
States.
Belief That Crop Damage in North.
west Has Been Exaggerated
Trade Reviews.
Trade Reviews
New York, June so.-R. G. Dunn &

New York, June 3O-Is. u. Dunn q
.Company's Weekly Review of Trade to-
day says:
The country begins tofeel some of the
effects of its new place among the ma
tions. Influences atfectings is business
during the week ranged all the way
from boycott in ST. Louis to war in
China. None can quite foresee all the
results of defending American rights in
China. Political influences tend to color
public opinion about most things in
presidential years. These and other in
fluences work together to create a state
of uncertainty until the controversy is
over
The long effort TO hold nominal prices
for iron at Pittsburg has ceased, and
the associations now recognize an open
market in which BesSamer s offered at
$40 and billetaat s26. With gray forge a t
ST.. Scarcely a single transaction is re-
ported, buyers abstaining even more
than when prices We're purely nominal.
and While there are many considerable
contracts waiting for safe basis in
cost of material, the problem ia rather
difficult one. Over thirty furnaces are
said to have gone out of blast and while:
some have been stopped for repairs,
many more will be idle for time until
wage scales for the coming Year have
been settled with labor organizations.
With a proper adjustment of supplies
and prices to the actual demand, a
heavy business is possible, but delay al
this season may affect prosperity for
some time to come. With steel plates
quoted at 1.3Oc at Pittsburg and No. q
sheets at 2.9c, no general gain in busi-
ness results from the sudden decline in
structural shapes.
Neither official nor unofficial accounts
have removed doubts about the wheat
crop, and if it proves as Low aa one csti-
mate. 460,000000 bushels the extent to
which it may now be displaced in Euro
pean consumption by corn will be seri-
ousIy tested! But all recent estimates
on the production have been 80 far dis
trusted and 1t is scarcely good se;lse TO
base grave apprehension on any so early
in date. and the census this year will be
awaited With especial interest, because
lit will help TO show how unworthy OF
lreliance some estimates have been. In
four weeks of June Atlantic exports of
wheat. flour included, have been 10 $780,
| 076 bushels, against S.934.149 bushels last
lyear. while corn exports in the four
weeks have been l1.9S6.244 bushels.
against ILL., S5.596 bushels last year. AZ
ter. rising 4c wheat closed unchenged
| for the week and corn only 1sc higher.
| Another general yielding in prices of
4 wool. lac to con many grades, would
apparently reduce the average of 100
fluctuations by Coates Bros. about &c,
making E4c decline from Fab. L.
Some of the best works have closed
Tor materially reduced their forces The
demand for mems heavy goods falls
much below expectations. The cotton
! goods market is in Il similar position.
The Fall River committee has made a
sudden reduction to 2.s7c in the price OF
h regular print cloths with not q single
4 sale recorded. Nor are new demands
Il reported important.
4 The boot and shoe industry makes
4 slow progress. Most local works have
Il closed or are about TO close, tho west
fern producers have a little better bust
ness than eastern. 1t is thought job
II bers Will soon begin orders for fall. Con
3,cessions are noted in leather, while
a holders complain Of too little bushes:
II TO make a market.
Hides at Chicago are also it'll.
s. weaker.
4, Shoe and Lenther Review.
Z Chicago. June 3O.-The Shoe ant
4 Leather Review today says: