The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1898-09-23

". ". Duu " 70. Iraue rcNteW
of Saturday said;
Business is passing well through
the difficulties that attend the wind
ing up Of war, which are generally
greater than those involved while war
was in progress. The rush of orders
kept back while war was on by those
who thought it shrewd not to take
chances has lifted the prices little
and caused larger demand for the
time than can continue, but though it
has PISSED there is ample evidence
that the consuming demand is very
large. How large can only be ascer-
tanned after some weeks Of waiting,
but once more it looks as if those who
want to wait are likely to pay most.
The business of the country is ex-
banding so that payments through
clearing houses in the second week of
September were 22.5 per cent larger
than in 1892, and for two weeks 1910
per cent larger. From these and rail.
way returns, and such trade reports
as are instructive, it may be conclu
ded that much more business is being
done than in the best of past years,
though not always with much profit.
Wheat has come forward much more
freely, and the price has advanced
two cents. 1t is supposed that the
advance is largely due to milling de-
mand coming upon narrow supply.
Exports are large, 1907, 976 bushels,
flour included, from Atlantic, and
pol 1852 bushels from Pacific ports,
and for two weeks 5,597, 1920 bushels
from both coasts, against 1926, 1858
last year. Widely differing accounts
of foreign supplies and demands do
not excite the market, but it may be
noticed that large contract has been
closed at Seattle for Russia, and
receipts of wheat for two weeks of
September have been 14,663, 1895
bushels, against IA, 697, LOG last year.
One certainty there is, that the for
eign demand will be smaller and the
American crops larger than last year.
The slight yielding in corn was due
rather to the government report,
which is entirely discredited as to that
crop, than to any change in move
ment, which has been small compar-
ed with last year. The exports tor
two weeks have been a, 351 1881 BUSH
els against 7,O75,363 last year.
With the starting OF 10 furnaces
idle month ago, partly not included
as yet, the weekly output September
was 213, 043 tons, against 20e,777
August l, and the decrease in stocks
116, 1929 tons in two months, indica-
ting a consumption but little below
million tons per month. Structural
work is the heaviest ever known at
Pittsburg, though smaller than last
year at New York. Bar mills are
crowded, with the general railway de"
mand for automatic coupler orders
for new cars, 800 for one road, and a
large order for street cars to Japan,
and plate mills are everywhere crowd
ed. Pittsburg having orders for l0,-
600 tons Of ship plate. The demand
for pipe is the largest for long time
and also for boiler tubes, and the
sheet mills are crowded west of Phil
adelphia, while the foundry consump-
ton is heavy, and the rail mills are
not yet ready to accept orders which
they cannot deliver for months, be-
ing engaged far ahead. Southern
pig has been sold for export, 10000
tons in all, including 5000 to Scot
land, and orders for $4,000 more
have been refused. Tin is quiet at
16 05 and lead at cents, with cop
per strong at II 12.and spelter at :
80 in spite of sensational rise at
London. Heavy sales ahead have
blocked the project for tin-plate
trust at present. Important cotton
mills have stopped, and print cloths
hold q 06 cents, with other cotton
goods unyielding, but cheap material
binders operations for those who have
to sell goods made from high priced
cotton. Wooden mills represent rath-
er better orders, although much ma
chinery is idle. Stocks are shade
higher averaging 10 cents per share
for the week, although the specula-
tive industrials average % cents per
share lower.