The times., 1899-08-26
THE WEEKS TRADE.
Dun's and Bradstreet's Reviews of
the business situation.


NEW YORK. Aug. 25.-Dun's tomorrow
Will say: Nothing Is more eloquent than
facts. Actual payments through the prin-
cipal clearing houses for the week were
25.1 per cent larger than last year. and
56.2 per cent larger than in the same week
in 1892. For the month thus far the daily
average Of payments has been 25.S per
cent larger than last year. and $50 per
cent larger than in 1892. Tonnage from
Chicago in three weeks has been so-f per
cent larger than last year ard I4.6 pE
cent larger than in 1892. Iron works which
supply Pittsburg are sold up far into
1900. and can do nothing though prices
much beyond what they received are paid
by those who must have iron this year.
The enormous demand for more railroads.
ana rails and cars. more vessels, ware
houses and buildings. to handle the sx-
traordinary business In progress. cannot
De met as quickly as men would like and
work of all sorts is delayed. from the big
gest war vessel to the smallest factory.
The boot and shoe business is likewise
crowded, not so far ahead OF production.
but further than many producers like by
the clamorous demand OF jobbers who can
not keep up with retail distribution Cot
/ ton goods also have further advanced in
I lines not affected by proposed consolida-
/ tions. and the demand for wooden goods
+ has gone beyond all expectations The
sales Of wool are enormous. s., 81. 100
/ pounds in four weeks. s0.1Is 4se being
domestic. with prices generally unchanged.
sharp fluctuations in cotton show how
fears Of injury by drought in Texas and
elsewhere would affect the market IL
there were not ON hand about three mil
lion bales of old cotton. including 900
In European and probably 100000 in
American mills Consumption Is enor-
nous, but H. cannot exhaust such sup
plies soon Reports of injury TO wheat
in the northwest have likewise affected the
market, but only for day OF two. the
price closing 3-4c lower for the week
( Corn exports continue heavy. IN four weeks
l6, l23,5zf bushels against 9.s1S. f13 for the
same weeks last year"
NEW YORK. Aug 25.-Bradstreet's to-
morrow will say. Strength OF prices and
steadiness CT demand are still the salient
I features Of the trade situation. Iron, steel,
I and other metals. most OF the cereals
/ leather and cotton goods manifest upward
( tendencies as TO prices. Other staples
with the exception of sugar and anthracite
/ coal. retain all their old frmness Ag-
/ gressive strength and frmness are noted
/ in iron and steel particularly at central
/ and Western markets. Among the cereals
I wheat has been quite firm all the week.
( partly owing TO whiting down OF North
western estimates, but also due 20 steady
demand for the cash article alike on for
1 eign and domestic account The relative
| scarcity of cash corn is responsible for
! the advance shown this week in the face
/ Of a coming concedediy large production
| The proposition 10 combine Fall River
mills is reported still under advisement
! Compared with a year ago cotton is 1-2c
higher, but while supplies are immensely
larger. the growing crop conditions are
the key to the situation. Additional strong
features in the general trade situation are
the active demand for lumber at most
markets at steady prices. and the firmness
ia the higher grades Of wool. n0twitn-
standing less active buying supporting
feature in this latter case. however. Is the
active demand reported alike for mems and
womsn's wear woolens. Business failures
for the week number 1T2 as against f75
last week and in this week a year ago:
2l0 in 1897. 800 in 1886, and 100 in 1885"