The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-09-17
DUN's REVIEW OF TRADE.

NEW YORK, Sept. 16.-R- G. Dun & Co.'S
Weekly Review of Trade will say tomorrow:
Business is passing we'll through the difficulties
that attend the winding up Of war, which
are generally greater than those involved while
war is in progress. The rush of orders kept
back while lasted by those who thought 1t
shrewd not to take any chances has strength
ened prices little and caused larger demand
for the time than continue, but though 1t
has passed there is evidence that the consum-
ing demand is very large. How large can only
be judged after some weeks of waiting. But
once more it looks as If those who wait long
est are likely to pay most. The business of the
country is expanding, that payments through
clearing houses in the second week in Septem-
Der were 22.5 per cent larger than in 1892 and
for two weeks u per cent larger. From these,
and railway returns and such trade reports as
are instructive, 1t must be concluded that much
more merchandising is being done than in the
best OF past years though not always with
much profit. Wheat has gone forward much
more freely and the price has advanced &c. 1t
is supposed that the advance is largely due to
Exports large. 3,00797i bushels, flour in
Guided. from Atlantic and 201.05l bushels from
from both coasts. against 1.S96,S53 bushels last
year Receipts Of wheat It, for SS two weeks Of Sep
a. LOG bushels last year.
The foreign demand will be smaller and the
cana crops larger ina than last year ar
eminent report, which is not entirely discred
tied, than to any change in movement, which
has been small compared with last year. The
exports for two weeks have been 1851. 1871 bush
els, against 7,075, 1863 bushels last year.
With the starting of nineteen furnaces idle
q month ago, partly not included as yet the
weekly output September l was 21S,043 TONS
against 2o6, III tons August i, and the decrease
In stocks of 1923 tons in two months indi-
Gates a consumption but little below 900
tons per month. Structural work is the heav-
lest ever known at Pittsburg, though smaller
than last year at New York Bar mills
crowded with the general railway demand for
a In ntrrata and
TO Japan and plate mills crowded west
of Philadelphia, while the foundry consumption
is heavy and the rail mills not yet ready
TO accept orders which they cannot deliver for
pig has been sold for export, O,0o0 tons in ALL
including 10 coo tons to Scotland, and orders for
Is. 900 tons more have been refused. Tin Is
quiet at SIG 05 and lead at 4c, with copper
strong at l2i2c and spelter at 81 so in spite of
sensational rise at London. Heavy sales
ahead have blocked the project for a tin plate
trust at present.
Important cotton mills have stopped and print
cloths hold 2.06c with other cotton goods I'M
yielding, but cheap material binders operations
higher-priced cotton. Wooden mills represent
rather better orders. although much machinery
is idle. those who have not old wool bidding
much below the current prices, which so
been only g. 800 pounds, against IS, 629 400
pounds last year and Il, 015 100 pounds in the
same week of 1892. 1t is worthy of notice that
600 pounds of Australian wool sold at
Boston for shipment to Europe. While the
mills cannot buy at present prices. except for
mixture with other woods, many insist. just
they did eight months ago, that the old
stocks must be about exhausted.
Failures for the week ia in the United
States. against 2o4 last year. and % in Canada,
not IaCt