The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1905-07-15
BUYING POWER
CROWS LARGER.
People Spend More Money
for Necessarles and Va
cation Supplies.
COUNTRY STOCKS DECREASING
Merchants In the interior Report
Healthy Trading Demand In All
Lines OF Staples. While Labor Is
Finding seady Employment.

Chicago. Dispatch: The review Of
Chicago trade for the week ended
June 30 published by Il. G.. Dun &
Co, says:
Commerce has maintained steady
progress. Midyear conditions have
been entered upon. but less than the
customary shutting down for repairs
and inventories Is contemplated, ow-
Ing to the urgency OF demands In the
manufacturing branches. The weeks
activity is well reflected in sustained
production in the metal and wood d.
visions. and in heavy movement
OF general merchandise. grain, lumber
and construction material.
THE crop situation Is seen to be
Offering further encouragement as a
basis for future business enterprise.
New wheat Of high grade is arriving.
the oats harvest In Illinois has start
ed and local dealings in cereals ag-
gregated close upon 5000 600 bushels
for the week. More seasonable
weather added TO the general buying
In principal retail lines and the sales
exceeded those OF the corresponding
week last year In necessaries and va
cation goods. indicating that the pur-
chasing power of the people has not
hitherto been better. Interior advices
reflect widened trading at the country
stores and satisfactory depletion OF
stocks. Wholesale transactions make
a healthy exhibit, there being con-
tinued growth in the forward selec-
lions OF staple wares and orders from
an extended breadth OF territory in
dry goods. clothing and footwear.
Finances on Strong Basis.
Financial Affairs are upon a strong
foundation. Money remains ample for
ordinary needs, security investment
has gained, and labor finds steady en-
ployment. While pig iron production
exceeds that OF a year ago, available
stocks are light and bookings for the
last half OF 1905 make a fair average.
Finished steel deliveries indicate
enormous consumption and the new
commitments show less tagging at this
time than was expected. Rails were
in good request for next year and in.
croasing orders require added outuut
in machinery, hardware. foundry and
brass work.
Receipts OF hides were 2.S90,S33
pounds. against 2.5SO.926 pounds
year ago The markets for hides and
leather maintained a good tone. leath.
er workers are more largely engaged,
and steady accretion is noted in the
demand for shoes.
Good Demand for Foodstutfs.
Primary foodstuffs again were I'm
excellent demand and values assumed
a higher range. Receipts OF grain, 4.
0s5,s5O bushels for the correspond
Ing week last year. and the ship.
ments aggregated 4.1457S9 bushels
bushels. against 2.4i5.3s2 bushels
Shipments OF provisions have been
unusually heavy for both domestic
and export use. Receipts OF live stock
were 252.0G4 head, against 27l,7i2
head n year ago. the decrease being
mainly in cattle. and supplies sold
readily at better prices. Compared
with the closings n week ago quota.
tions are higher. IN wheat 2I6 cents
per bushel, corn IL cents, oats, =
cent. pork and ribs 7ik cents. lard 2i2
cents. sheep % cents hundred
weight, hogs 17Ia cents, and cattle Is
cents.
Failures reported in the Chicago
district number 81, against II last
week and % year ago"