The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-09-17
TREND OF TRADE.

AA'@-sfE -
BusinsaI In Good shays-Rush OF Orders
Has Lifted Prices Bome-WhoRt Ad-
vnneeb-Iron and Steel IpduSIFlss Doing
Well.
NEW YORK. Sept IS. = R. G. Dun
& Co.'S weekly review Of trade will say
tomorrow:
Business Is passing wen through the
difficulties that attend the winding up
OF a war which are generally greater
than those involved while war Is in pro-
gress. The rush OF orders kept back
while the war lasted by those who
thought It shrewd not to take any
chances. has lifted prices a little and
caused larger demand for the time
than can continue. but though II has
passed, there Is ample evidence that the
consuming demand Is very large. How
large can only be Judged after some
weeks OF waiting. But once more It
looks as. II those who walt longest are
likely to pay most. The business Of the
country Is expanding 30 that payments
through clearing houses In the second
week Of September were 22.5 per cent
larger than in 1892, and for two weeks
L. per cent larger. From these and
railway returns and such trade reports
as are Instructive. It must be conclud-
ed that much more business Is being
done than in the best OF past years,
though not always with much profit.
Wheat has come forward much more
rapidly and the price has advanced &c.
tbs supposed that the advance is large
Leu 81, 4 -
a narrow supply Exports are large,
3,997, 976 bushels. flour included from At
lantic and 20l .052 bushels from Pacific
coast ports, and for two weeks 5,69I,2S0
bushels from both coasts against 1885,
1858 bushels last year.
Receipts OF wheat for two weeks in
September have been 1855, sos bushels
against 1863, Jos last year. The for
eign 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 discredited as to the crop,
than to any change In the movement,
which has been small compared with
last year. The exports for two weeks
have been 4,Sjl,SS1 bushels, against r.
075,S63 last year.
with the starting Of nineteen fur
naces idle q month ago, partly not In
cluded as yet, the weekly output Sep
TENDER l was 2ls,043 tons against 206,
~ August /, and the decrease in stocks
lI6,92g tons IN two months, indicates a
consumption but little below a million
tons per month. Structural work is the
heaviest ever known at Pittsburgh,
though smaller than last year at New
York. Bar mills are crowded with the
general railway demand for automatic
couplers and orders for new cars, 800
for one road. and large order for street
cars to Japan, and plate mills are every
where 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 are 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 5000 tons
for Scotland, and orders for 1900 tons
more have been refused. Tin Is quiet
at 1906 cents and lead at &c with cop
per strong at 12Ihc and spelter at 81 so,
in spite of sensational rise Mt London.
Heavy sales ahead have blocked the
project for a tin plate trust at present.
Important cotton mills have stopped
and print cloths hold 2.06 cents with
other cotton goods only yielding, but
cheap material binders operations for
those who have to sell goods made from
higher priced cotton. Wooden mills pre-
sent rather better orders, although
much machinery is idle, those who have
not old wool bidding much below tho
current prices, which are so far main
tained that sales for two weeks have
been only 6,635. 900 pounds, against 49,
600, 400 pounds last year and 17.0l5.1 100 in
the same weeks OF 1892. II Is worthy Of
notice that $4,000 pounds OF Australian
wool was sold at Boston for shipment
to Europe While the mills cannot buy
at present prices except for mixture
with other woods, many mills insist just
as they did eight months ago that the
old stocks must be about exhausted.
Failures for the week have been ia in
the United States against 204 last year,
and o. In anadn nCulnst 40 last year.