Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-08-20
DUN'S REVIEW OF TRADE.

NEW YORK, August 19.-R. G. Dun &
Co.. in their weekly review of trade to-
morrow, will say:
A war which brought no shrinkage OF
business while it lasted, has brought with
it's ending a remarkable expension. Or
ders and purchases have increased in
nearly all branches, few yet being OF
such nature that they can be attributed
TO the material enlargement of trade with
the lately Spanish Islands which must
come a little later.
1t is ordered that the iron industries,
while reporting declines in products, show
more surprising gain in business than
any otllo~. Both returns Of output Aug
ust l show considerable decrease from
July l, but more than the entire decrease
is caused by the stoppage of two Shenan-
go and four Mahoning furnaces under
agreement to force higher prices for Bes-
semer pig. In all other States showing
change, output increased, except from one
furnace in Virginia. The demand Tor
finished products expanCG remarkably,
considering the enormous orders prior to
July which win crowd some of the biggest
works until December Structural orders
include many bridges and the drainage
canal contract of AGO ,u;:s IN Chicago
plates and bars are in stronger demand;
nails have advanced cents, and beams
and angles as much, and bars 10 cents at
Pittsburg Tin plate works which require
| 4l0c3 tons per month have been buying
| $4,000 tons bars, and steel works there
have bought rs eco tons PIG, raising the
price to 5000. Grey forge also advances
! and eastern anthracite and southern pig
at Chicago have advanced 25 cents
| There is general advance in the miner
metals, copper to IL cents. or lake lead to
| $4G7Ih, ard while tin and tin plates are
unchanged, both are stronger. Shipments
| of boots and shoes in three weeks OF Aug
ust are the largest ever known, though
! but IA per cent. larger than in 1893, being
/ 10 per cent larger than last year and lb
| per cent larger than in 1892. In spite OF
| general refusal of buyers TO pay advances
| asked purchases are continuous and keep
! works busy, many having orders for a
| month or two ahead. Leather has slight
| ly welded in some grades, with scarcely
! any bidding ahead of necessities, and
hides were a shade lower Iast week ana
have not changed. There appears a grad
ual accommodation of prices of materials
to the necessities of boot and shoe dis
| tributors Such an adjustment is needed
! in the wooden industry for some mills are
| closing and others are selling old stocks
! of wool, present orGers for goods not war
! ranting present prices of material Yet
| other mills in equal number ore starting
| on different lircs of goods and dress
/ goods instead of so per cent plain, a large
proportion of fancies has been taken,
! though q heavy auction sale, not an
nounce6 may affect the demand OF cot
! ton mills, although a few have stopped,
| quite as many have started and the de-
mand for staples is increasing, and in
| prints and ginghams is fairly good. Wht at
| has further declined cents in spite OF
general holding of better grades by farm
| ers, which renders receipts low and visible
| supply small beyond precedent. At IS
| cents now, Atlantic exports for the week
! have been 3,059. $50 bushels, flour included,
| against 3, 105, 2S7 last year, and Pacific ex-
| ports 10, 400 bushels. against 3A,s46 last
| year Corn exports are gradually declin-
! ing and prices are cents lower, rather
| larger estimates of yield being now cred
! tied.
| Failures for the week have been 154 in
| the United States, against 223 last year,
| and II in Canada against 80 last year