The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1897-10-23
DUN'S WEEKLY REVIEW.
THE INCREASE IN EMPLOYMENT Of La
Dor CONTINUES.
Tin Plates Are Cheaper With Enormous
Production...Wheat Reported Fairly
steady-..Spot Cotton Has Slightly De-
clined, Yield Estimated at 9,5OO,OOO.

R. G.. Dun l. Co. g weekly review OF
trade, dated Saturday, says:
Foreign trade in September, the
heavy increase in iron production and
consumption, and the largest payments
through clearings ever known in Octo-
Der are indications without hesitation
in some markets. The increased EN-.
ployment of labor has continued. with
further accounts daily of works open
ing, increasing force of hands and OF
raising of wages, and at every point
where actual production can be tested
it appears greater than ever before
Efforts by the Bank of England have
delayed further gold exports, but with
the cotton movement rising largo ship
ments. to this side are deemed certain
and not distant. More gold, however,
| means less just now than more iron.
The output of pig iron October LIST
was 200, 1928 tons weekly, against 49,
1872 q year ago, the increase since July
LIST having been % per cent. Unsold
stocks have been reduced at the rate OF
40,271 tons weekly in September, in
dicating a consumption exceeding 232.-
900 tons weekly, which is about 10000
greater than ever before and 40 per
cent. greater than three months ago. :
Prices Of pig iron steady though the
production has been surely increased
since October l, and prices of finished
products gradually rise, with especially
heavy demand for plates, rods and
bars, while another contract has been
taken by the Illinois Steel Company, to
deliver 10000 tons of steel rails fol-
Japan and the Pretoria Company has
bought 10000 tons.
Tin plates are cheaper at So. 10, with
enormous production, and copper al
l1.l2 cents for lake, with lead 40,
but strong.
Cotton mills are reported producing
as largely as the crop of cotton viii
Justify and with moderate demand
print cloths are low at 2.44c and some
grades of other goods are slightly
reduced. Sales of wool for speculation
have greatly decreased, but manufac
turers do not find that current price,
are warranted by their market fo
goods, though it is strong and advanc
ing. Sales of wool for two weeks hav'
been "a, 331, 500 pounds at the thre'
!: markets. Of which 1857, 400 wer
domestic, and while quotations ar
maintained large lots are previousl.
} Withdrawn by consigners are no,
offered. The demand for spring good
is limited, but the prices Of some quail
tiles have advanced a shade further
There is also some quiet contracting
already for heavy weights.
Wheat has been fairly steady bu
, moving more largely than last yea
from the farms and from the country
Western receipts were Is, 167,05!
8 bushels in two weeks of October
7 against IA, 235, O16 last year, and AT
Z lantic exports 6,453, 4O1 bushels, (aou
included) against 4,747,845 last year
while corn exports were 1892, 1887
: against 8, 300, 929 last year.
September exports of wheat gu,
8 passed all records, amounting to Is,
l. 1858, 1888 bushels against II, 464, 816 Las
a year, owing to high prices, the yalu
0 being over 100 per cent. larger for a
!, breadstuffs.
u The price of wheat has declined I
L and corn l cent, with the governmen
report Of yield exceeding 300, QUO,
y 900 bushels.
- Cotton has declined 3.16 to 6.81c #
. spot, some authorities of repute ha,
y ing published that the yield will be 8
: $50, 900 bales, but movement is =,
restricted by fever.
I Failures for the week have been %
I in the United States against 1928 las
= year and 36 in Canada against 40 la
year.
Bryan's Filial Piety.