Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1899-09-23
WEEKLY TRADE REVIEW.
Il. g. Dun's Resume OF Business
Conditions.


New York, Sept. 1S.-R. G.. Dun &
Co.'s Weekly Review of Trade says:
Better than all other news, the rec.
ord of August commerce shows the re-
lation of United States business to
that of other countries. Exports were
$20,Os2, 1878 larger than ever before in
August and exceeded imports by $751;
$4,000, partly because exports OF
staples were so, 36G, 1913 larger than last
year, but also because exports of 9TH
er products, mainly manufacturing,
were $10,340 900 larger than last year,
and larger than any other month OF
any year. The excess Of exports over
imports gives fair promise of as large
a balance in foreign trade to the bene.
fit of this country during the winter as
has ever been seen. That manufac-
tured exports do not fall off, but are
larger than ever, is both surprising
and gratifying. The volume of bust
ness now in progress has never been
rivaled.
The great movement of grain, in
wheat and flour, a little larger than
last year in August, and in two weeks
of September 5,920,273 bushels, Hour
included, from Atlantic ports, against
5,433,O76 bushels last year, and from
Pacific ports 1860 bushels, against
364,144 bushels last year, is far more
effective in preventing a decline in
prices than any official or unofficial
estimate OF yield. Government re-
ports indicate a wheat crop Of only
BIC, 0O0,0 600 bushels, but last year the
September report indicated S5,OOO,O 900
bushels, and afterward the official re-
turn made it 675, 0O0, 900 bushels. One
would he sursrised to see a like re-
vision this year. The price, in spite
Of good exports, has fallen "a of a cent,
for western receipts have been 1861
455 bushels in two weeks, against A.
GG3, S95 bushels last year, and corn ex-
ports G,0s3,212 bushels, against 4,35l,-
331 bushels. The feeling is not unrea-
sonable hat foreign needs are just
now we'll indicated by the corn move
ment. At this season cotton ship
ments are always small and hopes or
fears rule the market, but prices have
declined during the week a sixteenth,
with q little less buying on foreign ac-
count.
Extraordinary efforts to increase
the iron output failed in August, part
ly because the stoppage of a few large
furnaces for repairs more than bal
anced the addition OF thirteen small
furnaces to the production force and
partly because hot weather prevented
full production. The reported output
indicates a consumption Of 1909 ,012
tons during the month. Purchases OF
10000 tons of Ressemer and 10000 tons
of other iron are reported, with adj
vance in Bessemer TO $23. 80 at Pitts
burg, but quotations are wild because
iof premiums paid for early delivery.
pilates at the east and common bars
at Pittsburg are 81 per ton higher,
and wire nails have again been adj
vanced So per ton. Orders for plates
for all forms are refused because the
works are unable to fill them on time,
and some orders of much Importance
have been Withdrawn at the west on
account of the delay unavoidable and
the high prices charged.
The heavy sales of wool, 12,056,9OO
pounds for the week and 81 ,2S2, 100 for
two weeks, against 36,G29,400 in 1898,
are largely due to heavy manufacture
Ing purchases at Boston. Prices here
are stiff, and the demand for wooden
goods of all sorts is strong.
Failures for the week have been 1i9
u the United States, against ia last
rear, and 80 in Canada, against % last
Sear.