The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1897-10-22
oUN's COMMERCIAL REVIEW.

| Signs of improvement Which Outweigh
| notwithstanding Employment oil
| Labor with Further Accounts of Works
Opening. Increasing Their Force OF
Gnd Industries.
NEW YORK, Oct. 16.-R. G. Dun 6
Co. IS weekly review of trade says in
its issue to-day:
Foreign trade in September, the
heavy increase in iron production and
consumption, and the largest pay
ments through clearings ever known
in October, are indications which out
| weigh hesitation in some markets.
The increase in the employment of
| labor has continued with further &C
counts daily of works opening, increas-
ing force of hands or raising of wages,
and at every point where actual pro-
duction can be tested it appears
greater than ever before.
Efforts by the Bank of England have
delayed further gold exports, but with
cotton movement rising, large 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 1,
was 200, 1913 tons weekly, against 112.-
1872 year ago, the increase since July
l having been % per cent.
Prices of pig hold steady, though
the production has been further in
creased since October 1, 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
Co. to deliver 10000 tons of steel rails
for Japan, and the Pennsylvania COM
pany has bought IS, 600 tons.
Ore shipments on the lake surpass
all records, and the Rockefeller COM
pany has contracted for another
steamer with two consorts to carry 90
900 tons, the largest ever built for the
lakes. Makers of black sheets have
raised the price for No. % to 81. 10 and
wire nails are five cents higher, the
average of iron and steel products ris-
ing per cent for the week to the high
est point since April s. Tin plates are
cheaper at $40, with enormous
production, and copper at IL. a cents
for lake with lead at S4.1O.
The cotton mills are producing as
largely as cheap cotton invites, and
with moderate demand print cloths
are low at 2. Al cents and some grades
of other goods are slightly reduced.
Sales of wool for speculation have
greatly decreased, but manufacturers
do not find that current prices are
warrented by their market for goods,
though it is strong ami advan cling.
Sales of wool for two weeks have
h.n l., ! Al.
chief markets, of which Il, 397, 800 were
domestic, and while quotations are
maintained large lots previously with
drawn by consigners are now offered.
The demand for spring goods is linn
tied. But the prices of some qualities
have advanced a shade further.
Wheat has been fairly steady, but
moving more largely than last year
from the farms and from the country.
Western receipts were Is, 167, 054 bush
els in two weeks of October, against
1926, 016 last year, and Atlantic ex-
ports g. 463, 401 bushels. flour included,
against 4,747, S45 last year, while corn
exports were g. 262, 1897, against 8, 300, 925
last year.
September exports of wheat surpass
bushels. against 17,646,Sl5 last year,
owing to high prices, the value being
over 100 per cent. larger for all bread
stuffs. The price of wheat has declined
threefourth of a cent, and corn one
cent. with the government report of
a yield exceeding 1,8OO 600, 900 BUSH
els. Cotton has declined tIree-six-
teenths to 6.31 cents for spot.
Failures for the week have beeen 223
in the United States, against 32S last
year, and Sc in Canada against 40 last
wear.