The age-herald., 1897-09-11
WEEKLY REVIEW OF TRADE
There Is No Halt in the Demand
 For Goods.
IRON ON THE ACTIVE LIST
With Increasing Output and Orders Coming in at the Advance Grain Movements Strong
 Mills Are Hard at Work.

Ncw York, Sept 1O.-R. G. Dun & Co.'S weekly review of trade 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 working force and in the power of the people to pur- chase is the feature which overshadows all others. Reports of New York trade unions show an increase since one year ago of 34 per cent. in the number of men at work and @ similar increase among men in like position throughout the country would exceed 340, 900, while every week adds many establishments to the active list. The coal miners strike has disclosed such facts and brought to light such differences that work will probably be very soon re- sumed 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 Tenth of their crop, assurance of hand some profit to come prepares them to buy libsually hereafter. Because of this and the increase of hands at work dealers throughout the coutnry have started to replenish stocks which is the great force at present operating in man ufactures and trade though distribution by retail trade has greatly increased.
 A gain of F per cent. in one month in the output of pig iron from 165,37S tons Aug 1, to 1S5506 tons Sept. 1, with knowledge that half a dozen other furnaces are preparing to resume and that unsold stocks have been reduc: d 14,40O tons weekly in August indicating a consumption of about 19O0O0 tons, more than explains the moderate ad- vance in prices of finished products av- er'aging about per cent. since the lowest point, Aug. F. Pig is a shade stronger at Chicago but the proof that the advance is healthy is found in the growing demand from consumers, especially for bars, with inquiries for S000OO tons reported at Chicago for structural work, including 12O00 tons for Santa Fe bridges, for all sorts of car material including 12000 axles. and plates especially for shlpyards on the lakes so that the prices advanced $1 per ton. Sheets and merchant pipe are in h=avy demand. Copper is steady and lead shade stronger at 4.15 c=nts of 124,O0O tons with 12,71S ovens in opera tion.
 Wheat has risen cents the past week. mot in a furry, but in answer to in- creasirg foreign demand. Though re- port of the crop, now almost wholly out of danger, indicates a yield never sur passed but once, foreign accounts will strengthen the belief tha't the deficiency abroad will be about 1O00O0. 900 bushels more than usual, and meanwhile the outlook indicates that less corn than was expected will be available for ex- port. Its price has risen about %c.
 While wheat receipts at Chicago have been breaking records receipts at all the western points are a little below last year, but Atlantic exports, 9,O7S,t3S bush els, flour included, against 4,27o,755 last year for two weeks. win 5.579,571 bush- els of corn, against 3,570,7O4 last year. Indicate a foreign demand apparently limited at present only by ship room
 Since the small corner in August cot ton has relapsed to 7kc. there are no rumors affecting prices Nor ,hern mills are consuming very largely, with a con- tBnuing demand for goods, which has ad- vanced the prices of many. With enor- mous speculative sales of wool, which appear to constitute most of the market at Boston, there is also more buying ahere and elsewhere by the woolen mills which are enjoying an extraordinary demand for goods at prices averaging met 10 per cealt. higher than were paid early in the year.
 The average advance for the week in securieties has been $1.02 per share for railroad and 79c for trusts.
 Failures for the week have been 215 in she United States, against 315 last year, and 35 in Canada, against 47 last year.
 As Bradstreet Sees It.
 New York, Sept. 10.-Bradstreet's to- morrow will say: The business week has been marked by a continuation of comparatively free buying from jobbers and commission merchants in anticipa- tion of wants, at almost all important distributing points. At number of centers special rate excursions of mer- chants have increased the weeks vol D.