The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-16
The CONDITION OF TRADE
An Unprecedented Volume for
the Season of the Year.
ACTIVITY AT A MAXIMUM
A Strong Demand From All Markets
Iron and Steel Strong in the East.
Rumor of September
Squeeze in Corn.

New York, Sept. 15-Bradstreet's to-
morrow will say: With comparatively
little stock or other speculative activity
and with few strong features present
ing themselves, the general business of
the country goes forward at a good
pace and with unprecedented volume
| for this period of the year. Fall trade
activity would appear to be at it's
maximum, judging from advices of ac-
| tivity and strength of demand reported
| alike from Western and Eastern mar
kets and shared in also by most South
| Atlantic and interior Southern cities.
| Iron and steel are quiet, but very
| strong at the East. Blast furnaces re-
| ports show that current consumption
| and production are not far apart, but
| the production fails to show the expan-
| sion looked for and while current work
| is at the rate of IA 900 900 per year, esti-
| mates of the years production do not
| run much beyond 12,000,000 tons. The
| notable strength in cereals this week
is shown in corn, where paucity of old
supplies leads to the rumor of a Sep
| TENDER squeeze
| Little business is to be noted in wheat,
| though the government report was tenn
| porarily stimulating. Weather condi-
| lions are partly responsible for the bet
| ter demand for butter. The strength
| of cotton goods Is notable. Lumber re-
| tains all its old strength and some new
| buying is responsible for advanced que
| tations at several centers. This is true
| also of most building material with the
! exception of brick, which is rather weak
| owing to reported overproduction. Wool
| is firmer at all and higher at some mar
kets and much interest is taken in the
next London wool sales. Wooden goods
| are strong, though some manufact
| complain that the advance in raw ma
tertal has outstripped the gain in the
| manufactured product. A number of
mills are reported to have instructed
| their agents that their order books for
| spring delivery are filled.
Wheat. including flour, shipments for
| the week aggregate 100000 bushels
against 4,353,906 bushels last week,
| 3,675.291 bushels in the corresponding
week of $685. 6.2S994S bushels in 1897,
| 5.966,322 bushels in 1896 and 1892, $50
bushels in 1895. Since July l this sea-
| son. the exports of wheat aggregate
| 42,0l2, 1893 bushels against 36. 1853, 091 bush
| els last year and 44,602, 700 bushels in
| 1897.
Business failures for the week number
| 149 against 1913 last week and 173 in this
| week year ago, and compared with
1863 in 1897, 315 in 1895 and 21s in 1896.
| Business failures for the week in the
| Dominion of Canada number "a as COM
| pared with q last week, 20 in this week
a year ago. 36 in 1897 and Al in 1896.
| Dunn's Review.
New York, Sept. 15.-R. G. Dun &
! Co. will say Tomorrow Better than all
other news, the record of August COM
| merce shows the relation of United
| States business to that of other coun-
| tries. Exports were $20,26s,815 larger
| than ever before in August and exceed
| ed the imports by $37, 929, 699, partly be-
cause staple exports We're So, 978 lar
| ger than last year. but also because eX-
| ports of other products, mainly manu-
| featuring, were $40, 349, 900 larger than
| last year and larger than any other
month of any year. Fears that great adj
| vances in prices might shut off exports
of manufactured products have not been
| unnatural. and it is most gratifying to
| find that such exports continue and eX-
pand. The excess of exports over inn
| ports gives fair promise of as large a
| balance in foreign trade to the benefit
| of this country during the winter as has
ever been seen. That manufactured ex-
| ports do not fall off but are larger than
| ever, is both surprising and gratifying.
| The volume of business now in progress
has never been rivaled.
The great movement of grain, in
| wheat and flour, is little larger than
last year in August and in two weeks
of September, 5,920,273 bushels flour in
| cluded, from Atlantic ports against
| 5.423,076 of bushels last year and from
Pacific ports 755,559 bushels against
364,144 bushels last year. Government
| reports indicate a wheat crop of only
| 100000 bushels, but last year the
September report indicated 5S5. 000 900
| bushels, and afterward the official re-
turn made it SIS, 900, 900 bushels One
would be surprised to see like revision
this year The price, in spite of good
exports, has fallen one-quarter of a
cent, for Western receipts have been
13,669,45 bushels In two weeks against
| IA, 663S95 bushels last year.
Extraordinary efforts to increase the
iron output failed in August, partly be-
cause the stoppage of a few large fur
naces for repairs more than balanced the
addition of 13 small furnaces to the pro-
ducing forces, and partly because hot
weather prevented full production. The
reported output, 267, 1896 tons. against
267,672 tons Aug. 1 with a decrease of
23.347 tons in unsold stocks, indicates a
consumption of 1.290,021 tons during the
month.
Plates at the East and common bars
at Pittsburg are 81 per ton higher and
wire nails have again been advanced 81
per ton. Orders for plates include sew
| eral for export and one for a vessel In
the Delaware river, with one for Ven
ezuela at Pittsburg, but many for al
forms are refused because the works
are unable to fill them in time and or.
ders of much Importance have beer
withdrawn al the West on account OF
the delay unavoidable and the high
prices charged.