The San Francisco call., 1897-10-09
DUN'S REVIEW OF TRADE.

NEW YORK, y. Y, Oct. r. 6. Dun &
Co.'s Weekly Revisw of Trade will say in its issue
TO- morrow: While failures were the smallest
ever known in any quarter since 1892, and busi-
ness payments through banks the lar es, by
$tS,OOO,tOo ever known in September the specu-
iators who profess anxiety about Cuba. fever at
the south a municipal election still have some
Influence. Helping them Just now Is the TACT that
after extraordinary pure bases for replenshm ment
of stocks from about every section town there
NUT necessarily be for a time less buying from
that quarter. ct business is still increasing The
produt force steadily enlsrges the distribution
of wages affords All increasing fund purchases
and the foundations are lai1 for larger business
hereafter The weeks exchanges are g. 8 Ier cent
larger than in 1892.
Crop reports rs, who have widely differed now
agree In putting the yield of wheat about $50 OUU-
600 to 95U, QUO OGO bushes, which is nearly ZOO
900 900 bu hels more than what is reouired for
home use, keeping stocks as they uiy 4, the
lowest for several years AS fore gn reports indi-
| cate a arger den and and export, since Juiv /
have been nearly heavy the best past
| year with 2,9So.7S bushes from AtIan .ic ports
flour included, for the last week, against 2,24O,-
571 last year. the recovery OF l1ac price or he
week is not without Western receipts
continue TO exceed last year SIS, ,00l, 221 bushels
against 7,243, e69 for the week.
A large increase in the production OF pigiron
and heavy realizing sales OF lots neid on specuIa-
Bes emer at Pittsburg, though grav forge there
has advanced 25c, and pigIron is stronger at Chi
4 cagO and Eastern marAets
But finished products grow stronger, with de-
| mand outrunmng the capacity OF works in opera
IlOn many DrADcneS. so tnat delays in delivery
are in sheets and tiuplate bars, embarrassin! and
| in some other branches orders cannot be fiIled
| within one or Two months Building of more ves-
sells l he lakes AMI coast heavy orders for
| sheets, rs rods and pipe. have caused advances
| averaging half of per cent for the we k OH ali
| classes; net genera gain is yet quite 10 per
| cent from the lowest point
Reports of combination in steel rails denied
and it is said that three large prod ucers III
| agree on prices, while the rod and wire compact
| appears be still the future.
Wool has now reached an average OF 20 NC
| per pouLd tor 100 quotations of donItsl c
| by oAt Il Bros of Philadelphia, showing
! rise of sc since year ago, with a much
| heavier rise OF some qualities. but from an
| average decline OF lie from March. 1893 spec
| ulative sales still accoun. for most of tn ag-
gre ate which has been at the chic. mare a :
| o34 40 pounds for the week, of which $50
were domestic, but manufacturers are purchasing
| some wool for mixture with the cheaper woods
| and held tor some months past.
| The rise has SO great exceeded the advance in
prices Of woolen goods that the mil mis- ht ha We
to pause but for he very large stocks purchased
| In advance. Goods are strong with a further adj
vance ia some srads but in the aggregate us far
no 20 per frUm the low point against = q
per cent advance In The average price OF wool
Failures for the week were -i2 against 2y6 last
| year. and 29 in alada az aiust 46 last wear