The star. (Reynoldsville, Pa.) 1892-1946, 1898-03-02
TRADE REVIEW.
Mills and Factories Active Throughout the
Country. Spring Outlook Cool

+. G.. Dun & Co.'S weekly review of
trade reports as follows
Foreign possibilities have much af-
| fected speculation and caused heslta-
ton In some large business operations.
possibly accounting in part for check
In the rapid advance of wheat, but in
dustrial production continues larger
than ever, a few more works being
added to the active list with a decrease
| In the number of hands on strike, and
renewed evidence that the volume Of
business Is larger than In February Of
any previous year. Nor Is there any
symptom of a senseless craze based
on rising prices. The legitimate export
and domestic demand presses closer to
the capacity of works. and though there
IS no highly advance In any line. and
In all narrowness of profit Is a matter
OF complaint, new business for this dull
season Is Unprecedented.
Wheat continued its progress up
ward until s10S "a was reached on
Monday, but declined 3 1-4c later, as
II there were fears that Spain would
somehow stop British vessels from TAX
| ing wheat across the water. Any yield
Ing based on foreign possibilities de-
serves little notice, but the price had
advanced about 10c since Chicago spe-
culators last took occasion to shake off
weak followers and the opportunity
for reaction was inviting. There Is no
lantic exports were 196S,s14 bushels,
Hour included. for the week against L.
326,44 bushels last year. and Pacific
exports 1.576.376 bushels against 1885,
464 bushels last year, and In view OF
current excitement these figures ara
more Important than the aggregate for
FOUR weeks, 10.496,912 bushels against
6.5SS.4l5 bushels last year from At
lantic ports and 4.053.02s bushels against
l,6l1,24 bushes from Pacific ports.
| Corn exports for the week were 14.5
per cent less than last year. but the
cash price declined but slightly. The
spot price OF cotton was not affected.
1t is not the season for much inn
provement In textile manufacture, but
the cotton branch has gained by the
closing of the strike in one Fall River
mill. and by the addition of some works
at the south. The wooden manufacture
meets many cancellations, especially In
goods sold early without definite price,
but Is doing more than ever at this
season, though new business in the
higher grades of worsteds and woolens
Is not particularly encouraging. Sales
OF wool are slow. with weakness in
clothing, amounting to about cents
decline from the highest point, indlcat-
ing that mills have at present abund-
ant stocks, but some are selling for
eign wool in order to take supplies Of
other qualities.
The iron manufacturer Ias more de-
mand for products and slightly better
prices for bessemer pig. which has ad-
vanced to s10.40 at Pittsburg, with gray
forge unchanged there. local coke
strong at Chicago, in spite of some
southern weakness. and eastern an
thracite really unchanged, though quo
tations are a shade lower. No finished
products have changed in price, and all
are strong in demand. excepting bar,
which combination has failed to ad-
vance. Some large contracts are re-
ported. especially in car and bridge
building, ship and structural work,
| and the demand for sheets Is heavy.
Minor metals change but little tin
weakening shade to lac, with large
| receipts.
Failures for the week have been 223
In the United States. 296 last year; and
| 30 in Canada, against so last year.