The St. Louis Republic., 1901-07-20
DROUGHT AND THE STRIKES
DO NOT RETARD BUSINESS.
Former Bumper Haryests Have
Placed Farmers in Good Con-
dition in the Drought
Stricken Districts.

New York, July 19.-R. G. Dun & CO. s
weekly review of trade tomorrow will say:
Anxiety regarding unfavorable possibilities in
the future rather than any actual present mis-
fortune depressed securities and caused cancel
lation of some orders for merchandise by West
ern Dealers
Retail distribution Of goods will not be cur
tailed by the labor controversy unless 1t Is OK
long duration. the men have saved money
during the recent period of full employment at
high wages Similarly. In some agricultural
districts, where there is fear that little corn
will be harvested, preceding bumper crops at
good prices have put farmers in such prosper
Gus condition that their purchases will not fall
of materially, while the greatest crop Of wheat
on record has not brought return to the low
prices OF previous heavy yields
Effects of Strike.
Beyond advancing prices Of steel sheets and
depressing the market for tin. quotations Rave
not been affected by the strike Of the Amalsa-
mated Association. Pig-iron furnaces are not
disturbed. although record-Dredking production
will bring accumulation Of stocks. If the rolling
mills are kept iuie tor any length OF time. In
the branches not directly concerned there Is no
change Of conditions. orders frequently running
months anead. An early settlement Is confidently
expected, and there is much RELIEF over the gen.
eral collapse OF the machinists strike In an
,hrac,e coal regions work has also bssn nssr a1
put assures ABUNDANT stocks Tor some time
busy at WOODEN Mills.
woolen mills are generally more active than az ~
any time this year oruers tor heavyweight goooS
arriving in large numbers. The lignt-weisnt sea !,
Will soon open. and altnoush II IS sxpsGoen s1
last years prices will be made. there ID prospeci
et enoS aaTSnce some uncertainty is seen in the
wool market, sellers naklng futlie efforts 70 Sc
sIrs GU 9oT.1 1g.sr sures Tne tome is distinctly rmer
and stocks at mills and in warehouses dscrease ease
here decline cotton DeiCW os2c. lol-
lowed by slight recovery as news from pianta ~,
Foreign consumption is light. Judging ny reduced
exports and port receipts Of tn. old crop are
that keep prices llac below last year Stability
of prices seems assured in the footwear io Mous1
Factories are running full time With oTders s- on
and New EnSsna prodaeers Tefu1s
Leather Market Firm.
Limited supplies of leather make the market ,ar6s
VIII; xfis soe @ grades grades at Chicago tending doynwaid
on account Of Increased receipts Of cattle .be. Pie
must must show at least az eaaivalen. decrease.
Calmer council prevailed in the grain markets.
exaggerated dispatches were discounted and va
h breas fC the
wheat steadily advanced as the feeling became
nsM 1eeord s fer possibly
$50 600 bu. Some Of the heavy crop may a,so
be used for fodder in sections where corn 10 de.
Of interior receipts for the week Of 6.75o242 bu.
against only lSs2 253 last year. Atlantic exports
the week amounting to 3,SO2.7 .75 bu. against l.
S41.s61 a year ago. After some reaction corn Re,
covered most Of the loss and holders showed
their confidence in values by marketing only g.
361. .9l2 bu for the week, against 4.4l61 15 a year
ago. although the high price was distinctly re-
ected In Atlantic shipments Of only 1.17e. $50 bu.
against 3.961,4g6 in 1900.
United States, against 81 last year. and - in
Canada, against q last year.