The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-09-10
FINANCE AND TRADE.
Stocks Have Advanced ALI Along
the Line.
GENERAL TRADE VERY GOOD.

The Iron Industry Grows More
Active--The Expected War Between
the Pennsylvania and Reading
Railroads Causes a Dullness in the
Coal Trade.
New YORK, Sept. 10.-R. G. Dunn
& Co.'s weekly review of trade says:
Last weeks semi-p panic in stock and
grain has been followed by more con-
fident feeling about cholera, as it is seen
that the pestilence is thus far confined
to incoming ships by national regula-
tions, which all officials are now re-
specting. Moreover, if the disease should
appear on shore in scattered cases, the
vigorous measures taken by a thoroughly
warned and aroused people would be
likely to restrict and suppress it, as it
has been thus far kept down in Eng
land. Hence there is much less appre-
hension regarding the possible effects of
the disease this year before cold weather
comes, and stocks have advanced about
75 per cent. per share on the whole,
though in other markets the alarm dis
closed weakness, which still continues.
Meanwhile the general condition of in
dustries and of trade throughout the
country is not only remarkably good,
but improving perceptibly from week to
week, although the exports of merchan-
disc are not yet large enough to prevent
some exports of gold.
Condition of Trade. ..
The iron industry grows more active;
nearly all the works are full of orders
and the output is now heavy. Nails
have advanced ten cents per keg, but
some weakness appears in prices of
structural and plate iron. A meeting of
rail makers next week may give that
branch chance for larger business.
Copper is uncertain, with sales at / 1-2
cents, business in tin has been checked
by speculation, and lead is weaker at
lilo cents. The expected war between
the Pennsylvania and the Reading adds
to the dullness in coal.
Boots and shoes are in great demand,
eastern shipments according to the Shoe
and Leather Reporter being ~, ,S26 cases
against 1897 last year. Cattle receipts
at Chicago for the year are ID per cent.
larger than last year. All textile works
are remarkably busy, and in dry goods a
better demand is seen for medium grade
worsteds, and demand in excess of sup
ply for plain wool goods, while prices of
cottons are very firm some advancing.
Cereals Still Lower.
Wheat has sold at II l-2 cents, and ex-
cepting in two days in 1894 no lower
price has ever been recorded here. West
ern receipts have been 100000 bushels
in four days against 100000 Atlantic
exports. Oats are half cent higher,
but corn is rs much lower, with bright
ening crop prospects in the west, and
coffee is an eighth lower Cotton has
advanced sixteenth during the week.
although the financial chronicle makes
the increase in acreage this year only 10
per cent. and the money markets through
out the country are amply supplied,
while collections in all quarters are very
fair for the season.
Business Failures.
The business failures occurring through
out the country during the last seven
days number for the United States, 146;
Canada 80, total 179, as compared with
176 last week, 1870 the week previous to
the last, and 214 for the corresponding
week of last year.