The St. Louis Republic., 1901-06-29
BUSINESS CONDITIONS ARE
GENEROUSLY PROSPEROUS.
Bumper Grain Crop and Foreign
Shortage Insure an Unusually
Large Summer and Fall
Commercial Business.

New York. June ss.-R. q. Dun 4 Col
weekly review Of trade tomorrow will say
1t does not follow because bad banking method
have caused one Of the smaller New York bank
to close tts doors. with attendant circumstance
that create discussion In Wall street, that gen
eral business Is in any way affected at all re
sponsitls for the trouble. The country Is unde
nisbly prosperous. and With prospect Of al
abundant harvest to supply our own needs. ans
increasing European deficiences. the situation 1,
turbances have arisen. but others have been set
tied. Eotably the dispute tho tin plate scale
Sonle disagreements in the coal regions at time,
assume threatening aspect. but the troubles
have been local and do not affect the mining
industry.
Reports from the country speak Of q continued
active movement Of merchandise with the job
bing trade and embracing nearly all lines.
The Iron Situation.
The fiscal year closes with conditions IN the
Iron and coal industry in marked contrast to the
situation at the corresponding date in 1900. Quo
tations were then receding rapidly without stini-
uiating activity. idleness was the rule at fur
naces and mills. and wage scales were undei
ganizations far apart in their views. This year
difficulty is experienced in stoppip: machinery
:re es ven s1P1a ana sss.as
sonabls imitation. while a successful season
vancing wages and evidences OF serious dis
ceeds With unpasceaenteS @ pace. ~ 20 that s,ruc- rue
tural material. builden' hardware and kindred
goods ind ready purchasers.
Railways Overburdened.
Railway facilities are INADEQUATE to handle ex-
pending s sr.fns :SS shop, are & ssowasd with Or
Feot.ear tsTSsIdns. fro% Boston have aver
assS over case; as nv wsssy for two pSnths
cases scsordins to weekly record; Of the n;c snSs
@ ana . short 1s se
current year EnP:rts to Great Britain are are =
sop in .s the 80 :
with contracts that deliveries cannot be prom
running on short tim. or closed for stock TAX
ing. Stocks in dealers hands are light. which
S: .as nh m 1s.'s Win Gn: Sol! IN
mand; Upper leather is selling freely though not
tsin.d. While % sisushserina % hides Al chiesso hsv.
to wait for still better terms.
Prospects for Cereals.
Wheat prospects are further improved through
ss s
yield is the failure Of quotations to :how com:
:1stsinIns effect s.s A,spe &c exports -four * essqd I "a
last year. and a. @ sst 6: n isss while P.sne e, eS
in is ssS ssc ssa: AGO with
Textile Fabrics.
Wheels at textile mills are no longer generally
;r iSIe; l%proremsns % IN q. Sr,nese. Of sni. In.
are making up some earlier losses. Gains are
moro conspicuous in the wooden goods division.
because depression had lasted longer and been
more severe. As the raw material gradually
sought a lower level. mills restricted purchases
In anticipation Of better terms. except where or
ders for Foods were secured. The clothing trade
Is now seeking mems wear wooiens and worsteds.
and buyers nnd stocks light. Values have not
yet hardened but there is little thought q lower
prices. either for goods raw WOOL In knit
eoods jobbers are taking stock after which ac
tivify Is expected Last weeks gains In cotton
goods have been held. and there is moro busi-
ness than at any time this season. Prices are
still unsatisfactory: especially & n view Of tn:
in the face OF heavy receipts on the old crop.
Failures for the week number col In the United
States. against 207 last year. and q In CANADA.
against last year.
To Cure Headache In 10 Minutes
are safe and sure All druggists. Price 1oc.