Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1898-11-05
DUN'S REPORT.
Heavy Shoe Shipments IN
Spite Of the Long Strike.
Cotton Goes to Lowest Point Known---
immense Crop in Prospect
IL
Wheat and Corn Exports Are Large VII"
Prices Well Held Up.

Nav York. Nov. Ar. G.. Dun q
r,o,s Weekly Review of Trade, tomor-
raw will say: Neither the volume OF
h,,sinass norSthe value of manufactur-'
cd PRODUCTS diminishes. While besse-
49, MO is sold against the combina-
tion AT pittsburg 10 cents lower, Win
othor IRON there and elsewhere steady,
the general demand CROWDS CLOSELY VII
the heels of the production.
After seven weeks of strike, the
prockton lasters are asking work on
the old terms, having failed to dictate
to the Machine Cos, but new hahas
are so numerous that shipments from
that noint have been $500 cases
against 55.S75 last year, during SIX
weeks of the strike.
From Boston shipments have been
for five weeks larger than ever before
no. quite / per cent. over last year $,
per cent. over those of 1886, per
cent. over 1894, and 10 per cent. over
1882. but future demands are restrict
ed. although large orders are being
taken for immediate delivery IN some
women and mems heavy Shoes
In leather the only change IS IN
grades which have been reduced in
has been nearly per cent on the
average, packer hides leading In
these industries it is u question of
adjustment of prices between shoes,
leather and hides, with the market
clearly favoring the demands OF shoe
producers for cheaper material.
Wool holders at Boston have DIS
covered the falsity of reports which
Ial
available stocks in this country and
have begun selling largely at conces-
sions said to be several cents per
pound The weeks sales at the three
chief markets were 0797.4 400 pounds
against 9,957, 1902 pounds, last year, ano
1861 600 in 1896, but only S.215,o00 II
1892. The cheering fact is that the
large manufacturers are now buying
with confidence that at some reduc-
tion in the cost of material the bust
ness will pay. Demands for gooos
have. been somewhat better without
any decline in prices during the pas
week. nor any disposition to advance
proces. The cotton mills are helped
a little by the commission to reStflc
production about Fall River.
Cotton is again at the lowest poin
Mr. Neil estimates a crop of ll,5o0,oo
bales besides large stocks brough
over here and abroad. There is moth
ing to indicate that the foreign de
mand will be greatly reduced com
pared with last year, nor VIII Tn
home demand as a whole, although
Northern manufacturers may be opliS
ed to curtail production owing to com
petition at the South.
Wheat exports continue very large
amounting to ,4,699,576 bushels fror
Atlantic ports. -four included, agains
3.2S7, 536, last year, and 1,O29,S3S frof
Pacific ports against l,592,252, las
year, but the heavy exports have bee
much more than matched by Wester
receipts of 9,49G092 bushels against T.
600. 993, last year and prices have nc
materially changed. Corn goes abroa
largely, BOIL .0S5 bushels during tn
week against 1,Sl2.943, last year. an
prices are well held.
Failures for the week have been l!
in the United States against 2i6 la
year, and Is in Canada against 80.
year ago. P1s-4-.r