The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-08-24
Unusual Activity Noted in the
Leather and Textile Fabric
Trades - Steel Strike Ef-
feet Is Not Serious.

New York. Aug. 2a.-R. C. Dun & Co..
Weekly Review of Trade tomorrow will
say:
Though there are some drawbacks. notably the
labor troubles In the iron and steel industry. busi-
ness is Of we'l-sustained volume. to which fact
payments through the c%ountry's clearing houses.
railroad earnings and the strength OF price. of
staple and partly manufactured merchandise Of
fer ample testimony.
Except in certain branches of the textile mar
kets. sellers OF merchandise have an advantage
over buyers. and distribution il as large az
stocks will permit.
The Analgamated Association OF Iron. Steel
and Tin Plate Workers succeeded In enlisting the
sympathy Of other workmen. with the result that
the output OF merchant bar and wire rods Is cur
tailed TO the extent Of about 5000 tons month
~. Beyond this detection. wage-earners In al
| he'd branches of the steel industry have refused
10 break their contracts. Many Idle mills re-
sumed during the week. and even in the tin
, pate region there Is a moderate output.
Leather Trade Active.
Exceptional activity Is still the rule at shoe
saops. and promises to continue for some months.
old orders are being filed as rapidly as possible.
and shipments from factories show a steady in
crease over last year OF about 90 per cent. One
OF the most satisfactory signs is the evidence
'ha. ntte summer stocks will have to be car
ried over. Sole leather continues, remarkably
strong. union backs gaining another cent. while
mere Is a splendid demand for hemlock, both
Ior domestic use and export. Betting butts ad-
vanced and kangaroo Feather "a much hiybsr
freely.
Wooien and Cotton Goods.
eiigntiy better terms asked for staple wool.n
ana worsted goods in no way dimIpished the
No1une OF sales and the lightweight season
PROMISES TO be one Of activity. In heavy weights
IL also noticed greater interest on the ,art
OF buyers than Is customary at this late dare
1hese improved conditions in the manufacture |
urn tone TO raw wool despite the heavy |
arrivals al Eastern markets of the new clip
AFTER u season Of dullness at Sc a In cot,o, |
suddenly developed considerable animation ana |
tteheth. The chief influence was unsatisfactory
Mea,nef IN Texas. although there was ais aid |
In the speculative market from covering ~ ia |
large short interest outstanding. Liverpool quick- |
~ responded TO better prices here. There was
further support in the failure OF any arreemen. |
wage reduction AT Far RIver a !.
strike would a~ssuredly have followed and con-
sumption or the raw material been materially |
eur.aiied. Sales Of print cloths have increased
IN the last few days and prices rose. relieving
the situation, but it may be found necessary 10
Ieouce the output by partial stoppage Of wheels.
Decided interest is shown in fall goods. the Job
binS trade being well occupied. In lines ex-
ported to China there Is a fair movement
Cereal Prices.
Grain quotations eased OF somewhat during
me week. though the net decline was small.
TORN Is still close to the highest price since 1892.
even with a host OF Important influences mnitat-
ng against such inflated figures. Weather con-
iitions steadily improve. making the outlook
right. for late planted corn. Foreign customers
lave been driven away by exorb.tant prices 10
he oenent Of Russia and Argentina and Atlantic
'hports for three weeks aggregated only lss2,5 SO
against 1856. 54S last year and l2.720.0ei
,usheis two years ago. Meanwhile. interior re-
,eipts steadily exceed those Of a year ago. in
that farmers have large stocks carried
,ss. I pT,ee, pI 1ems,n s sSsss &c yields. Neyerthe-
s.!snt,c In . Shsas Is e sS sS BY the decfsase in
'ssZ.szs bushels in the previous week.
compared with the exports Of l.67o. ST bushels
asst year and 2.sss. $50 bushels two years ago
there appears a phenomenal gain. pa.
inc exports are still retarded by labor troubles.
ND the movement will be striking. once started /