The age-herald., 1899-03-25
DUN'S WEEKLY
 REVIEW OF TRADE Neither Capitalization OF FluGtuatiOn
 Frightened Business. BESSEMER IRON IS LOWER Plate Mills Arc Full With the Demand
 Heavy. WOOL IS AT THE DOU8TING POINT With Large Sales Ordered from the In- terior-Prospect of Combinations is Potent to Hinder Trans
 actions of All Kinds.
WOOL IS AT THE DOuBTING POINT

New York, March A.-R. G. Dun 6 Co. s weekly review of trade tomorrow will say:
 Business is not frightened, either by the great capitalization of now companies or by the wild fluctuations in Wall street. No matter how much the stock operations in New York may count, business elsewhere is large enough to warrant a wonderful ex- pansion of industries, and that is the thing most important to observe. In no consider able branch has production diminished, but in all practically it has been increasing dur ing the past week. A little lower price for Bessemer iron appears at Pittsbur6. Rails can be bought at $23 at Pittsburg and $2i at Chicago, if at all, but small lots have been sold at $26 at New York. Chicago is taking many contracts for building in Bos- ton and New York and Washington, amounting to four thousand tons, but mar kets elsewhere are overcrowded with work. No market can deliver plates within any reasonable time and Pittsburg works are sold to July on sheets, though instead of $40 there, s2.65 at Chicago and $3 at Phila- delphia is paid.
 Plate mills are all full and there is heavy demand at Chicago for bars, with one car
 
 steadily growing stronger. The minor met als are all weaker with the reaction of Lon don speculation though copper has declin- ed to 17 cents and is yet much above London that exports have been stopped for the week. The February output, both here and other counties, was greater than last years monthly average, although Febru- ary Is a short month.
 Wool Is at the doubting point with large sales ordered from the interior by large holders and some concessions made to se- cure transactions at Philadelphia and Bos- ton, though quotations show only moderate decline, and sales at the three chief rna-- kets are almost as large as in 1892.
 Manufacturers ccaGe many inquiries, but the prospec: of combinations Is potent to hAider transactions. The goods are in rath- CT better demand than year ago, but no large class of mills can claim to be fully employed.
 The demand for cotton goods is stil strong, but this week has not materially advanced prices Cotton Is decidedly weak CT, though many believe that short sup plies will in time insure higher prices, but mill and commercial stocks are 900 bales larger than last year abroad, and mill stocks here must be heavier because the mills are buying very little, although crowded with work, while the commercial stocks here are quite large.
 The wheat market is just now some- what stronger. Western crop estimates are large and such reports as appear of the condition of wheat of the coming year are quite favorable, but prices are 3ss high CT than last week, while corn Is 2A higher.
 The market for cotton has been decidedly weak, owing to somewhat better receipts at the south and also to conviction that stocks on hand are large enough to meet all demands.