Omaha daily bee., 1897-10-16
MORE LABJR Is LMPL 1YED
Additional Hands Given Employment in the
Manufacturing Line,
ACTUAL PRODUCTION ON THE lNcREASs
Unusual Activity Is Noted i'm the Iron
Market While September Exports
of wheat Surpass All
Records.
NEW YORK, Oct. 15.-R. G. Dun & Co. IS

NEW YORK, Oct 15.-R. G. Dun & Co. s
Weekly Review of Trade will say tomorrow
Foreign trade in September, the heavy in
crease IN iron production and consumption
anu the largest payments through clearings
ever known in October are indications
which outweigh hesitation in some markets
The increase In employment of labor has
continued with further accounts daily Of
WORKS opening, increasing force of hands,
or raising OF wages. and at every point
where actual production can be tested it APP
pears greater than ever before.
Efforts by the Bank of England have de-
layed turther gold exports, but with cot
ton movement rising, large shipments to
this side are deemed certain and not dis
tant. More gold, however, means less just
now than more iron.
The output Of pig iron october / was 200 =
12S tons weekly, against 1l2 1872 a year ago,
the increase since July having been 2 per
cent. Unsold stocks have been reduced at
the rate of 4o,2l1 tons weekly in o.ember,
indicating consumption exceeding 232 OC0
tons weekly, which is about 20,Oy0 tons
greater than ever before and 40 per cent
greater than three months ago. Prices of
pig hold steady, though the production has
been further increased since OC .ober 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 for Japan,
and the Pennsylvania company has bought
passing all records, and the Rockefeller
company has contracted for another
tons, the largest eyer built for the lakes
Makers of black sheets have raised the
price for No. 2S to 81 10 and wire nails are
&C higher, the average of iron and steel
products rising per cent for the week to
the highest point since April s. Tin plates
are cheaper at $40, with enormous produc-
tion, and cooper at SLIP for lake, with lead
at $40, but tin is fairly strong.
The cotton mills are producing as largely
as cheap cotton invites and VITA moderate
demand; print cloths are low at 2.44 and
some grades of other goods are slightly re-
duced. Sales of wool for speculation have
greatly decreased, but manufacturers do not
find that current prices are warranted by
their market for goods, though it is strong
and advancing.
sa'cs of wool for two weeks have been
"a, 33l 6GO pounds at the three chief markets,
quotations are maintained, large lots preVi-
ously withdrawn by consgners are now
offered. The demand for spring goods is
limited but the prices of some qualities
have advanced a shade further. There is
also some quiet contracting already for
heavy weights.
more largely than last year from the farms
and from he country Western receipts
were 15,1G7,O54 busAes in two weeks of Oc-
tober, against IA 235O16 last year, and Allan
tic exports 6,463,i0l bushels Olour included),
against 4,747Si5 last year whila corn eX-
ports were 3,26I,3S7 bushels against 33o9,925
last year. September exports of wheat sur
pass al records, amounting to 25S6S,SSS
bushels, against Il 6i6Sl5 last year, owing to
high prices he value being over 100 per
cent larger for all breadstuffs. The price
of wheat has declined a of cent, and corn
per cent with. the government report of
yield exceeding 1SOlC0o,I0) bushels. Cotton
has declined 3-16c to $6Sl for spot, some au-
thorites of repute having pub ished esti-
mates that the yield will be 100000 bales,
but the movement is yet retarded by the
the fever
United States, against 3S2 last year, and 36
in Canada against 40 last year.