The age-herald., 1898-08-20
DUN'S WEEKLY
 REVIEW OF TRADE Remarkable Expansion Has Followed Con-
 CluSiOn Of the Var. ORDERS AND PURCHASES HaYe Increased in Nearly all Branches
 of Business.
ORDERS AND PURCHASES
A SURPRISING GAIN IN IRON
Demand for Finished Products Consid- cred Extraordinary-Wee of Active and Exciting Speculation-Adjust-
 ment Needed in Wool Industry.

New York, Aug. 19 R. c. Dun & Co.,, n their weekly review of trade, tomorrow will say:
 A war which rought no shrinkage of busi- ness while it lasted has brought with its ending a quite remarkable expansion
 Orders and purchases have increased in nearly all branches, few as yet being of such nature that they can be attributed to the material enlargement of tradel with the lately acquired Spanish islands, which must come little later.
 The iron industry, while reporting de- clines in product, shows more surprising gain in business than any other. The de- mand for finished products expands remal k ably considering the enormous orders prior to July, which crowd some of the biggest works until December. Structural continues to be heavy.
 Tin plate works, which require 40,0OO tons permonth, have been buying 16O000 tons; bars and steel works at Pittsburg have bought 125,0OO tons of pig, raising the price to $10.40. Gray forge also advanced and eastern anthracite and southern pig at Chi cago have advanced 25 cents.
 The Minor Metals
 There is a general advance in the minor metals. copper to 12 cents for lake, lead to 4.071s, and while tin plates are unchanged, both are stronger.
 Shipments of boots and shoes in three weeks in August are the largest ever known. In spite of general refusal of buyers to pay advances asked, purchases are continuous, keeping works busy. many having orders for month or two ahead. Leather has slightly yielded in some grades, with scarcely any buying ahead of necessities, and hides were a shade lower last week and have changed There ap- pears a gradual accommodation of prices of materials to the necessities of boot and shoe distributors.
 Such an adjustment is needed in the woolen industry, for some mills are clos ing and others are selling old stocks of wool, present orders for goods not war ranting present prices of material. Yet other mills in equal number are starting on different lines of goods and in dress goods, instead of ninety per cent. plan, a large proportion of fancies have been taken, though heavy auction sale. just announced. may effect the demand Of cotton mills also, though a few have stop- ped, quite as many have started and the demand for staples is increasing and in prints and ginghams are fairly good The yield in cotton to 5B cents helps the mills
 
 poets of great crop.
 Wheat has further declined cents in spite of general holding of better grades by farmers, which renders receipts low and the visible supply low beyond precedent, At 7e cents now, Atlantic exports have been S,O95,SS0 bushels, (flour included) against 3,7O5,2s7 bushels last year and Pa cific exports 175,40O bushels against 3S4, ,S46 last year, making for three weeks 10,115,- 246 bushels against 10, ,453, ,S32 last year. Corn exports are gradually declining and prices are 9 cents lower, rather larger and esti- mates of yield now being credited.
 Failures for the Week
 Failures for the week have been 154 in the United States against 223 last year, and r in Canada against 30 last year.
 New York. Aug. 19.-Bradstreet's review tomorrow will say:
 This has b,cn a week ce active and exciting speculation. The public has come into the market and buying which at times assumed an almost reckless appearance has extended throughout the rare list. Pro- fessional interests have taken up various parts of the list in succession and nave found the public ready to follow their lead The conspicuous feature of the week were