The star. (Reynoldsville, Pa.) 1892-1946, 1898-09-21
LIVE STOCK.
Central Stock Yards, East Liberty. Pa.
TRADE REVIEW.
An Advance in wheat sad Heavy Demands on th. Iron
Msnufssturers

An Aavanes IN wheat snd Heavy Demands On the Iron
Msnufsstur.rs
II. q. Dun & Co.'S weekly review of
trade reports as follows for last week:
business is passing well through the
difficulties that attend the winding up
of war. which are generally greater
than those involved while war Is In
progress. The rush of orders kept back
while war lasted by those who thought
II shrewd not to take any chances has
lifted prices little and caused a larger
demand for the time than can continue,
but though 1t has passed. there is
ample evidence that the consuming de-
mand Is very large. How large can only
be judged after some weeks of waiting
But once more II looks as if those who
wait longest are likely to pay most.
Wheat has come forward much more
freely. and the price has advanced &c.
1t is supposed that the advance Is
largely due to milling demand coming
upon narrow supply. Exports are
large. 3.0oI,916 bushels. -four included.
from Atlantic and 201, ,052 bushels from
Pacific ports, and for two weeks 5,697,-
800 bushels from both coasts against
10. I96.S53 bushels last year.
Receipts Of wheat for two weeks of
September have been Il, ,663, ,S95 bushels
against 1857. 106 bushels last year. The
foreign demand will be smaller and the
American crops larger than last year.
The slight yielding In corn was due
rather to the government report. which
Is not entirely dlscredited as to that
CROP than to any change in movement
which has been small compared with
last year. The exports for two weeks
have been 4,S5l, 1891 bushels, against T.
075,362 bushels last year.
With the starting OF nineteen furnace
es idle month ago, partly not includ-
ed as yet the weekly output September
] was 2l3.O43 tons, against 206.777 Aug.
l. and the decrease in stocks. 116.929
tons in two months. indicates a con-
sumption but little below a million tons
per month. Structural work is the
heaviest ever known at Pittsburg,
though smaller than lagt year at New
York. Bar mills are crowded with the
general railway demand for automatic
couplers and orders for new cars. 500
for one road. and a large order for
street cars to Japan, and plate mills
are everywhere crowded.
The demand for pipe is the largest
for long time. and also for boiler
tubes, and the sheet mills are crowded
west Of Philadelphia. while the foundry
consumption Is heavy and the rail mills
not yet ready to accept orders which
they cannot deliver for months being
engaged far ahead. Southern pig has
been sold for export. $4,000 tons in all.
including $1,000 tons to Scotland, and
orders for $1,000 tons more have been
refused. Tin is quiet at 16.O5c and lead
at 4c, with copper strong at 12lac and
spelter at Assoc. in spite OF a sensation
al rise at London. Heavy sales ahead
have blocked the project for tin plate
trust at present.
Important cotton mills have stopped.
and print cloths hold 2.06 cents. with
other cotton goods unyielding, but
cheap material hinders operations for
those who have to sell goods made
from higher-priced cotton. Woolen
mills represent rather better orders.
although much machinery is idle, those
who have not old wool bidding much
below the current prices, which are 80
far maintained that sales for two
weeks have been only $685., 900 pounds.
against 36,629. 400 pounds last year. and
17,015. 100 pounds In the same weeks of
1892. 1t is worthy of notice that $50, 900
pounds Australian wool was sold at
Boston for shipment to Europe.
: Failures for the week. ia In the
United States. against 204 last year.
and 23 In Canada, against 40 last year.