The times. [volume] (Richmond, Va.) 1890-1903, 1898-09-17
OUR BUSINESS
IS EXPANDING.
1t Has Passed Well Through the Diff
cuIties of Closing the War.
HEAVY DEMAND FOR CONSUMERS
More Business is Being Done Than
Ever Before, But the Profit Not 80
Large in All Cases-Grain Ex-
ports Continue Very Large.

NEW YORK. Sept 16.-R. G. Dun &
Companys Weekly Review or Trace VIII
say tomorrow.
Business Is passing well through the
difficulties that attend the winding up or
a war, which are generally greater IMAM
while war is In progress. Inc rush OF OF
ders kept back while war lasted, by tnose
who thought IL shreWd not 90 take any
chances, has lifted prices a little ana
caused a larger demand for the time than
can continue but though It has passed,
there is ample evidence that Che consum-
ing demand is very large. How large can
only be judged after some weeks or walt
ing, but once more IL looks as IL those
who wait longest are likely 20 pay most.
The business OF the country IS expanding,
that payments through clearing houses IN
the second week of September were 20
per cent. larger than in 1892 and for Two
weeks 1910 per cent larger. From these
and railway returns and such trade re-
ports as are instructive. It must be con-
cluded that much more business IS be-
ing done than In the best Of past years.
though not always with much proit.
WHEAT HAS ADVANCED.
Wheat has come forward much moro
freely, and the price has advanced 2
cents. IL IS supposed that the advance Is
largely due 10 milling demand coming
upon a narrow supply. Exports are large.
S.0O791 bushels, -four included. from At
lantic and 20l.052 bushels from Pacinc
ports, and for two weeks 569l,3ZO bushels
from both coasts against ioi96.so last
year. Receipts Of wheat for two weeks
OF September. have been 1L663.ssj bushels
against 14651. Jos last year The foreign
demand will be smaller and the American
crops larger than last year. The slight
Welding in corn was due rather 20 the
government report which is not entirety
discredited as 10 that crop, than TO any
change IN movement. which has Deeh
small compared with last year The eN-
ports for two weeks have been A35l53l
bushels against 707J,363 last year.
IRON AND STEEL
with the starting of nineteen furnaces
idle a month ago. partly not Included as
yet the weekly output september lst was
gl3.Oi3 tons against 206.15 August lst ana
the decrease in stocks 1899 tons I'm TWO
months indicates O. consumption but little
below a million tons per month. Sruc-
tural work IS the heaviest ever known at
Pittsburg. though smaller than last year
al New York. Bar mills are crowded with
the general railway demand for automatic
couplers and new cars. and % large ofdef
for street cars TO Japan and plate mills
are everywhere crowded The demand
Tor pipe is the largest for a long time
and also for boiler tubes and the sheei
mills are crowded west of Philadelphia
while the foundry consumption is heavy
and tho rail mills not yet ready to accept
orders which they cannot deliver Tor
months, being cre ped FAR ahead.
SOUTHERN MILLS
Southern pig has been sold for export
5000 tons in an. including 1900 TO scot
land. and orders for 5000 more have
been refused Tin is quiet at 1900. and
lead az &c.. with copper strong at u l-Zc.
ana shelter az 4SO ia spite Of a sensa-
tional rise al London. Heavy sales ahead
have blocked the project for a I'm plale
trust at present Important cotton mills
have stopped and print cloths mold z..oc.
with other cotton goods unyieidIng, but
cheap material hiuders operations for
those who have 10 sell goods made from
higher priced cotton. WOollen mills rep
resent rather better orders, although
much machinery IS idle, those who nave
not old wool bidding much below the cur
rent prices. which are so far maintained
that sales for two weeks have been only
Il. 635 300 pounds. against 85.629, 400 last year
and l7Oi51O0 I'm the same weeks or 1891
IL is worthy OF notice tEat 10000 pounds
Australian wool was sold ar Boston Tor
shipment 10 Europe. While the mills cans
not buy at present prices except FOR mix
ture with other woods, many insist Jus
as they did eight months ago, that the
ola stocks must be about exhausted.
Failures for the week were ia IN the
United states against 20i last year, and
g in Canada against 40 last year.