The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-07-27
THE WEEK IN TRADE
STRIKE IN STEEL TRADE HAS HAD
LITTLE EFFECT ON GEN
ERAL BUSINESS
WOODEN GOODS ARE CHEAPER
Price OF Raw Wool Remains at an
AbncTmaiIy Low AVerage-shoe
Statesmen Report an Inn
proving Trade.

NEW YORK. July Pr. G. Dun &
Co.'S weekly review OF trade tomorrow
viii say:
A fortnight of the steel strike has
passed without materially altering the
position of the contestants or adversely
aHecung the industry as a whole. EX-
cepuOn3l activity is noticed at toe mills
not affected by uhe strike, and the move
hient Of the structural material for
bridges, buildings and track elevations is
still heavy. Steel bars for agricultural
implement makers a,e firm in price and
freely purchased. Railways seek freight
cars, and rails are sold for delivery next
January. Cotton ties, sheets and hoops
ate commanding "A premium. Pig iron
Is accommodating, but producers Offered
no concessions. Orders for tin plates
were not accepted for delivery before
oct. l, when the strike began, owing 10
the oVersold condition of mills, and dis
tant contracts are still taken at un-
changed prices, but jobbers a:e receiving
high prices for goods deliverable imme
diately. Tin has fallen to the quotation
prevailing in May, owing TO the lack Of
demand here and weakness in London.
New lines OF wooden goods for delivery
after Oct. l opened at moderate re-
auctions from last years prices, as gen
orally expected by the trade. Supplies
OF heavyweight goods have been reduced
TO satisfactory point, and the situation
in all branches OF the industry is such
as TO engender confidence. Raw wool,
however. thus far fails to reflect the
Improvement, quotations remaining IN
changed at the lowest average price in
four years. A few of the most expensive
grades are held above former figures, and
the bulk of the new domestic clip has
gene into the hands of Spectators who
await profitable terms Cotton goods are
dull, neither buyers nor sellers exhibit
ing any eagcrness to make propositions.
Withdrawal Of prominent concerns from
the ran River selling committee SuS-
geSts lower prices for print cloths. Mills
are not fully employed either North or
South. Quiet conditions in the domestic
manufacture, light exports and better
weather on the plantations caused fur
thar depression in aW cotton.
Shoe shops are. producing at full ca
pac;ty, with orders arriving steadily and
statesmen are already placing spring sam
pies literally in Western and southern
markets. Business improves as the sea-
son advances. and local jobbers report
July trade in excess OF the corresponding
month in any previous year Dry hides
are Stil in light demand, with values
firmly held, while a few grades of chi
cago country hides are lowe.
variations in the corn market on Mon
DAY Indicated manipulation by stock mar
ket interests. Weather reports alone We're
not sufficiently distressing to carry the
September com option at Chicago to
within a small fraction of GO cents, while
the withdrawal of support caused sales
cents lower the following day. High
prices prevailed throughout the week,
however, and $4,000 blu of old corn We're
taken out OF cribs and marketed at big
profits. Foreign buying is insignificant
Atlantic exports for the week amounting
TO only l,042 361 Blu. against 3.059.897 a
year ago, when quotations were about Ia
cents lower. Wheat prices are more ra-
tional, and the movement heavy. Re
ceipts for the week were 6S9S, 52S bu
against 5,046.997 last year, and Atlantic
exports 4S3,309 blu, against l,604935 a
year ago.
Failures for the week numbered 1873 in
the United States, against al last year,
and y in Canada, against Is last year.