New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-09-12

,rc,rded against 1851 S34 bushels for the cor
onordi,, week last year. But western re-
caints vcre n triae larger last week imam d
vear ago No market fluctuations as yet give
indication OF much faith in reports OF great III
,urv TO the wheat crop. but toward the ciosc
~ last week prices recovered from the extreme
depression and closed the week just wnere 'he'
we're before the holiday. Current repo'tS "o"
indicate a somewhat lighter yield OF corh' uu'
the price does not RISE and, In fact' mas ue-
clined for two weeks past.
The end OF tine cotton year, with heavy COM
merclal and mill stocks remaining IN Sight,
and with prospect Of great yield this iai''
has turned much attention to the conditions VI
tho manufacture 1t Is not a new statement
that New England mills will have to go down
"unless they change the quality OF goods they
"marufacture or in some other way adapt
themselves to new conditions" but such state
ments have rather stronger support than Defore
since the end Of the last year. NO one now
knows to what extent the quality or goods Is
changing, for even the weekly statement Whicn
tbe Fall River mills used TO make public has OF
late been omitted. The advance In price Oh
nrint cloths to 2O6 cents does not indicate as
yet any marked Improvement in the demand TOT
other grades OF goods, which in fact have been
also remains inactive, although sellers are
pushing zealously for orders, and In cheviots
some cutting OF prices is reported. The wool
market is go narrow. sales at the three chief
cities having reached only 2,2S9,500 pounds last
week. against 1900 400 for the same week last
year. and $4,000 in the same week OF 1S'2.
that its persistency in strength Is somewhat
surprising.
How far the Federal Steel Company will 90 or
how many corporations 1t may ultimately abb
sorb Is not yet to be determined. but Its forma-
, ton appears to have impaired measure OF con-
ndence to manufacturers and dealers in many
departments Of the industry which was lacking
before While the steel works are substantially
all filed with orders for the rest OF the year.
some OF them being even compelled to refuse
consideration Of orders for export and OF consid-
cradle importance because it is no longer posi-
Bile 10 FIJI them in season. the demand for cast
pipe has also grown heavy. and large con-
tracts are also reported for ship plates for rails
| at Chicago. for bars there and at central and
Eastern markets and orders for structural work
yet continue although diminishing little as
| the end Of the building season comes into slght.
| Most OF the consumers Of Bessemer pig having
| supplied their wants for some time to come. the
market was comparatively inactive and un-
|
East Southern dealers were pushing their prod
| ucts with measure Of success, and unusually
low prices were named at the East for 1900 tons
| foundry and 5000 tons basic pig.
| The boot and shoe works of the East again
report actual shipments larger than ever before
at this time of the year. although their orders
seem TO be still materially retarded. owing TO the
| unwingness Of dealers to pay the advances
J asked. How many OF them do pay Is not known.
| but the works are obviously getting business
enough TO run more fully than In the same
month Of any previous year. Their embarrass
| ments do not vsibly lessen. and on the face of
| published quotations prices Of leather would
| seem to be. unyielding. while hides at Chit
| caGo about as strong as before. But 1t IL
fair to infer that the prices made public. whether
| by the boot and shoe works the leather
! manufacturers, do not necessarily cover the
| lowest figures ut which they consent 10 make
| contracts for large quantities.