Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-09-17
TRADE is EXPANDING
1T is PASSING WE'LL THROUGH
P0sT-BELLUM DIFFICULTIES.
CONSUMING DEMAND VERY LARGE.
Much More business being Done
Than I'm the Best of Past Years,
Though Not Always With Much
Profit.
Profit.

NEW YORK, September 16.--Messrs. r.
G. Dun & Co.'S Weekly Review of Trade
Will say tomorrow:
Business is passing well through the
difficulties that attend the winding up
OF war, which are generally greater
than while the war is in progress. The
rush OF orders kept back while the war
lasted by those who thought 1t shrewd
not to take any chances has lifted prices
a little, and caused larger demand, for
the time being. than can continue, but
though 1t has passed, there Is ample evi-
dence that the consuming demand is very
large-how large can only be judged after
some weeks of waiting, but once more 1t
looks as IL those who wait longest are
likely to pay most The business of the
country is expanding. The payments
through clearing houses in the second
week of September were 22.5 per cent
larger than those i'm 1892. and for two
weeks u per cent. larger. From these
and railway returns. and such trade re-
ports as are instructive, 1t must De con-
Guided that much more business Is be-
ing done than In the best Of past years,
though not always with much profit
WHEAT AND CORN.
Wheat has come forward much more
freely, and the price has advanced 2
cents. II is supposed that the advance Is
largely due to milling demand, coming
upon a narrow supply. Exports are
large. 0O7g76 bushels flour included)
from Atlantic, and 2Ol,O52 bushels from
Pacific ports, and for two weeks, 56s7,32O
bushels. from both coasts. against TO-
796. S95 last year. Receipts of wheat Tor
two weeks of September have been H.
66S. s95 bushels, against 1867, lO6 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 discredited as 10
| tina. crop. than to any change in move
ment, which has been small compared
| with last year. The exports for TWO
weeks have been 435l ,331 bushels against
| 7O75 1863 last year.
IRON AND STEEL
With the starting of nineteen furnaces'
! idle a month ago, partly not incllded as
vet The weekly output September lst was
! 2l3Oi3 tons, against 2O6775 August lst, ana
| the decrease in stocks-ll6,929 tons in two
| months-indicates a consumption but ht-
tie below million tons per month Struc-
| tural work is the heaviest ever known al
Pittsburg. though smaller than last year
at New York. Bar mills are cIoWoeu
| with the general railway demand Tor au-
| tomato couplers and new cars, there is q
large order for street-cars to Japan, and
| plate-mills are everywhere crowded. Inc
demand for pipe is the largest Tor ions
time and also for boiler tubes, ana the
sheet mills are crowded west OF hiladel'
mia. while the foundry consumption Is
heavy. and the rail mills are not yet READY
IA accent orders which they cannot de-
liver for months, being engaged far ahead
SOUTHERN PIG AND TIN.
Southern pig has been sold for export
% GOO tons I'm all including 1900 to Scot
land and orders for 1900 more have beer
refused
Tin is quiet at 1906 cents, and lead at
cents with copper strong at II IL ant
shelter at 49, in spite of a sensational
rise at London. Heavy sales ahead haV
blocked the project for tin-plate trus
at present.
COTTON GOODS.
Important cotton-mills have stopped
and print-cloths hold at 2O6 cents, VIII
other cotton-goods unyielding. but cheai
material binders operations for those wh'
have TO sell goods mace from hlsHer
priced cotton.
WOOLLENS.
: voollen-mills represent rather bette
: orders although much machinery is ldle
those who have no old wool bidding muci
below the current prices. which are s.
far maintained that sales for two week
> have been only 6635,SOO pounds, asains
SO 629. 400 last year and 170l5,lO in tn
same weeks of 1882. 1t is worthy or no
4 tice that 100000 pounds of Australian woo
were sold at Boston for shipment 10 hu
! rope.
While the mills cannot buy at presen
l prices. except for mixture with othe
2 woods many insist just as they did eigh
- months ago. that the old stocks must b
3 | about exhausted
Failures for the week were ia in tn
, Tinted States. against 20i last year an
; % in Canada, against 40 last year.