The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1897-09-11

New York, Sept. 10.-R. q. Dun q
Co. s weekly review Of trade in its issue
tomorrow will say:
There is no halting in the advance.
Business grows better in all ways, for
while it's speculative end breaks con-
spicuous gamblers for a decline, a
steady increase in production, in work.
ing force and in the power of the peo-
rle to purchase, is the feature which
overshadows all others. Reports of
New York trade unions show an in
crease since one year ago of "a per
cent, in the number of men at work,
and a similar increase among men in
like position throughout the country
would exceed 100000, while every week
adds many establishments to the ac-
tive list. The coal miners strike has
disclosed such facts, and brought to
light such differences, that work Will
probably very soon resume by a large
share of the men. The farmers are
helped by higher prices for wheat, and
while western receipts do not show that
they have marketed a tenth of their
crop assurance of handsome profits to
come prepares them to buy literally
hereafter. Because of this and the in
crease of hands at work, dealers
throughout the country have started
to replenish stocks, which is the great
force at present operating manufac-
lures and trade, though distribution by
retail trade has greatly increased.
A gain of IL per cent. in one month
in the output of pig iron, from 165,37S
tons Aug. 1 to 1S5,506 Sept. l, with
knowledge that half dozen other fur
| naces are preparing to resume, and
that unsold stocks have been reduced
| IA, 400 tons weekly in August. indicat-
| ing a consumption of about 100000 tons
| more than explains the moderate ad-
vance in prices of finished products,
| averaging but six per cent since the
| lowest point, Aug. II.
DEMAND FOR WHEAT.
Wheat has risen five cents the past
| week, not in a furry, but in answer to
the daily increasing foreign demand.
| Though reports of the crop now almost
wholly out Of danger indicate a yield
| never surpassed but once, foreign ac-
| counts still strengthen the belief that
| the deficiency abroad will be about
| 100 900, 900 bushels more than usual and
nc canwhile reports indicate that less
| corn than was expected will be avail
| able for export. It's price has risen
about 5s of a cent. While wheat re-
ceipts at Chicago have been break
| ing records, receipts at all western
ports are for the week a little below
last years, but Atlantic exports, 9,77S,-
| 13S bushels, flour included, against A.
| 270,i55 last year for two weeks, with
| t.519,77l bushels corn, against 3,570,-
| I04 last year. indicate a foreign de.
laard apparently limited at present
| only by ship room.
Since the small corner in August, cot.
ton has relapsed to ~ cents, no ru
| mors affecting prices much. Northern
mills are consuming very largely, will
a continuing demand for goods, which
has advanced the prices of many
With enormous speculative sales o.
WOOL, which appear to constitute mos
Of the market at Euston, there is alsC
more buying there and elsewhere by
the woolen mills, which are enjoyin.
an extraordinary demand for goods a
prices averaging not ten per cent. high
er than We're paid early in the year.
The average advance for the week il
securities has beeh 81 ,12 per share TO
railroads and 70 Genus for trusts.
Failures for The week have been 81
in the United States, agains. 3I5 las
| year.