Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-08-21
DUNNS REVIEW OF TRADE.

New York, August 20.-R. G. Dun &
tomorrow will say:
Not for several years have the tele-
graph reports from various cities in
all parts Of the country been as en-
couraging or shown as uniform i'm
prOyement as this week. The mar
kets are called crazy by some, but fair
ly represent the people, whose conf
dence in the future is strong and in
creasing. Nothing appears to check
it. RumOrs Of injury to crops are not
sufficiently supported TO have much in
fuence. The one temporary hindrance
is the strike of bituminous coal min
ers, which interferes as yet little with
industries, and seems likely to termi-
nate within week. The demand for
money improves, taking from New
York to the interior about half a mil
lion more than was received during the
week, and offerings OF commercial
loans are much larger. including some
considerable iron and steel paper and
the course Of foreign exchange is gen
orally interpreted as an indication tnat
specie imports cannot be long delayed.
The greatest gain has been for agri-
culture. Corn has advanced a little in
price, but is moving very largely, so
that the last years surplus may soon
be marketed unless the new crop turns
out better than many now expect. Cot
ton declined an eighth because Of an
estimate promising the largest crop
ever grown, but the goods market Is
decidedly improving, and some Of the
large mills. after a few weeks of sus-
pension. have resumed work Other
farm products are doing well also,
but wheat has advanced about 1lasc
for the week in actual transactions.
with heavy purchases for export. The
oficnal estimate Of yield is entirely
disregarded except as an admission
that the crop will be larger than that
OF last year and it is commonly as
sumed that the yield will be about
$4,000. 900 bushels or more. though re-
cent reports of injury indicating the
possibility Of a somewhat smaller out
come have helped the advance IN
prices. Western receipts for the week
were 3,S44.j54 bushels against 0,9fI,I'o
last year. and for three weeks 1880
267 bushels against 10,697,l37 last year,
while Atlantic exports are about double
last wears: 3.705.2S7 bushels against
! .S0S.347 last year, and for three weeks
9S19.31S. against 5.102,661 last year,
-four included for both years. II Will
he we'll to notice that corn exports
continue more than double last year s.
also in three weeks S.5l6,544 bushels,
against 4.119.241 last year
The iron and steel industry, in spite
of the still unsettled strike Of the btu
minous coal miners, and the enormous
purchases Of ore at ClevelId, and also
of billets at Pittsburg, show the Ut
most confidence in the future. Many
additional establishments have begun
work during the past week. and While
no material change in prices has oc-
Cured. the reports indicate fewer con
cessions 10 secure business and much
stesdier tone. The demand for finish
cd nroducts had decidedly improved,
espscially in plates. sheets and bars.
and in railway supplies, particularly in
car axles. The sales Of ore at Cleve-
and have amounted in two weeks 10
four or five hundred thousand tons,
and OF billets sales reported at Pitts
burg have been in three weeks ABOUT
three hundred thousand tons. lin is
frmer with full consumption, and there
is larger business in copper. seyera
million pounds having been taken for
export. raising the price OF lake 10
The old difficulty remains in the boot
and shoe industry, dealers being IN
willing 10 buy largely al the prices
which manufacturers now ask, tnougn
during the past week the only change
has been q slight advance on calf boots.
The market for hides al Chicago IS
again much stronger, prices having ad-
v9nced with very narrow transactions,
and BUYERS are holding OF in the BE-
lief that prices has reached the top.
In the wooden business a constant IN
crease appears in the number Of estsD-
Iisbments al work and the demand for
goods has much increased.
Failures for the week have been ZZ3
in the United States. against $50 last
vesr. and 80 in Canada, against q lat
year.
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