The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-21
MIDSUMMER DULlNESS
HAS NOT WORN OFF.
Dun FINDS GENERAL Bt 81
NESS CONDITIONS SLOW.
Halt in Iron and Strikes Affect
Manufacturers of Build
ing Materials.

New York July OR. G. Dun co.
Weekly Review OF Trade tomorrow VIII
say:
The midsummer vacation has already
disposed of the prophets who gave II
week or two hut there are n few signs 70
Indicate it's probable duration. The com
pact of lake ore producers proposes to sell
standard below ss5a al Lower Lake ports
this wear with coke held at $50. which les
sens the probability that the market VIII
wal, for Ress.mer pig TO go far below si9.
and some Increased buying already appears
by makers of implements. not as yet In
season contracts. hut enough TO give hope
mot much beyond waiting Is probable
until wages for the coming year can be
settled
THE hal: In the great iron industry noces-
earily affects both business and prospects IN
some others. The same extensive building
strikes which have cut of the use Of fnuch
structural steel have also prevented vast
use Of lumber. which was, like iron, 'N-
traordinarily advanced in prices. Inc
Eastern association tried without avail to
hold prices and the North Carolina as
socia,ton caused extensive curtailment Of
output while the lake association. two
weeks ago. resolved to maintain prices. but
the needed market does not yet appear
Cotton and Dry Gods.
When cotton had been easily held above
1oc. and then had dropped Sharply. ihver-
pool speculator again showed how easily
Americans are induced To accept hlgncr
prices for the quantity they have left Tor
sale
THE dry goods market. quite embarrassed
at the best, IS not helped by such VagarltS
and the closing of important mills was the
more meritorious because IL gave occasion
at the end of a season, with an overSarply
here both of goods ard material. 10 rest
until Europeans have settled their affairs
Without formal agreement the WOODEN In
dustry adopted in part the same course
many mills having stopped or reduced force
the capacity Is now at work. Because the
nature OF the next seasons demand does not
vet appear there las resulted more Wiling
ness 10 sell wool. especially where ware
fully cents lower than In February. but
manufacturers are FIGURING more earnestly
Just now to find ont what goods they can
sell than where they can get materials.
Hides and Leather.
Further changes. the nature Of which
may not he represented. are appearing in
the heavy decline of packer hides at chi
cago. ranging from i4c 10 &c Win
s les said to be from $1,000 20 SH,vD. and
also In heavy sales of leather To manufaC-
turers.
The sharp fall Of &c in wheat and ic in
corn appears to reflect public conclusions.
after hearing much evidence. official and
unofficial, regarding the extent Of injury to
both grains The shipments In three weeks
from Atlantic ports were 5ssl. sol wheat.
flour Included against e!5.S'8 last year;
from Pacific ports l.69l. 591 bushels, against
l. 27s, sis bushels last year. and in corn a.
s3a ~ bushels against .92s es9 bushels last
year.
Failures for the week have been 2Si in
the United States. against li5 last year, and
"a In Canada. against . last year