Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-07-27
BUSINESS OF
COUNTRY GOOD.
Steel Strike Does Not Materially
Affect Trade,
COTTON GOODS ARE DULL.
Shoe shops Producing 10 FuIl Capac-
ity-Wheas Prices Are Moro
Rational.

New York, July 26.--R. G. Dun's &
Co.'s Weekly Review OF Trade tomor-
row will say; "A fortnight Of the steel
strike has passed without materially al
terlng the position Of the contestants.
or adversely affecting the industry as
a whole, Exceptional activity Is no.
ticed at the mills not affected by the
strike, and the movement Of structural
material for bridges, buildings ana
track elevation is still heavy Steel
bars for agricultural implement makers
are firm in price and freely purchased
Railways seek freight ears and rails
are sold for delivery next January. Cot
ton ties, sheets and hoops are COM
manding a premium. Pig iron is accu-
mulating, but producers offer no con-
cesslor. Orders for tin plates began.
owing to the oversold condition of mills,
and distant contracts are stlll taken at
unchanged prices, but jobbers are re-
ceiyng high prices for goods deliver
able Immediately. Tin has fallen to
the quotations prevailing in May ow'
ing to the lack Of demand here, and
with weakness in London,
New lines Of wooden goods for de
livery after october list opened at mod
crate reductions from last years prices,
as generally expected by the trade
Supplies of heavy weight goods have
been reduced 10 a satisfactory point,
and the situation In all branches Of the
industry Is such as to engender cOnti-
dence Raw wOolens, however, thus
far ehil to reflect the improvement.
quotations remaining unchanged. A
few of the most expensive grades are
held above former figures, and TIKI.
bulk Of the new domestic clip has gont
into the hands OF spectators, who
await profitable terms.
Cotton goods are dull, neither buy.
ers nor sellers exhibiting any eager.
ness 10 make preparations. With
drawals Of prominent concerns from,
the Fall River selling committee sue
gests lower prices for print cloths. Mills
are not fully employed, either North
este manufacture, light exnOrts ana
better weather on plantations caused
further depression In raw cotton
shoe shops are PRODUCING at full ca
paclty with orders arriving steadily,
and statesmen are already placing spring
samples literally in western and
southern markets. Business improves
as the season advances, and local job
Der report July trade in excess of the
corresponding month In any previous
year. Dry hides are stlll in light de-
mand, with values firmly held, while
a few grades OF Chicago country hides
are lower.
Variations In the corn market on
Monday indicated manipulation BY
stock market interests. Weather re-
ports alone We're not sufficiently dis
tresslng 10 carry the September corn
option at Chicago to within a small
fraction OF so cents, while the with
drawal Of support caused cents lower
the following day The high prices
prevailed throughout the week, how
ever, and 2,i49,921 bushels of old corn
were taken out of cribs and marketed
at big profits, Foreign buying is in
significant Atlantic exports for the
week amounting to only l.O42. 1851
bushels against 3,099,SS7 year ago,
when quotations were about Is cents
lower.
Wheat prices are more rational and
the movement is heavy. receipts for
the week were 6,s9S, 522 bushels. against
6,Oi6s97 last year and Atlantic exports
fS'S.SO9 bushels against l,eOO.S5O a year
ago.
Failures for the week numbered 1893
In the United States against 23l last
year, and rs in Canada, against rs last
year."