Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1899-09-05
BUSINESS IS GOOD.
The Magnitude of the Demand Is As
tonfshing. and High Prices
Fail to Check It,

New York. Sept. 4. = r. G. Dun & Co.'S
weekly review of trade says: THE as
tonishins feature is the magnitude of de-
mand, notwithstanding prices which would
ordinarily check it. In products directly
consumed by individuals, the larger en-
ployment and better wages of the working
force give explanation. Efforts to meet the
demand call for more stores, manufacture
ing works and machinery and facilities for
transportation, as If every mans wages
were in part diverted to build up the ma
tion's machinery of manufacturing and
distribution. The occasion promises quick
profits, the building is largely for the
future and it goes on in spite of unusual
prices.
Demand exceeds the supply of Bessem-
er pig, again raising the price for that
and anthracite to $22.5O; southern foun-
dry to $500 at Pittsburgh. with heavy
sales; grey forge to $40 and southern at
chicago to s2065, W tn local coke at s21
Few works can promise delivery before
December, and most of the heavy con-
tracts placed have been for next years
delivery.
and leather do not prevent large business,
and hides have slightly risen at Chicago.
Shipments of boots and shoes from Bos-
ton are 81 per cent. larger than in any
other year to date, and were AL per cent.
larger in August than in any other year,
anu "a pei Ceut larger IMAM III lSSS. AedlIeT
is little stronger, with heavy business.
Sales of wool have been moderate, $685.
700 pounds for the week, and for five weeks
R,0O5,s90 of which 35,459,290 were domes-
tic. Some hesitancy in buying by man
ufacturers is attributed to current prices.
Mills have strong demands for goods, and
the clay worSteds have further advanced.
In cotton goods the demand exceeds the
supply, and many kinds have advanced,
although the material has declined.
Wheat has declined, mainly because
reports of injury in the northwest have
been discredited, and the exports from
both coasts have been for the week 3,010,-
010 bushels, against 1885, 59 last year. The
enormous exports of corn, 20.SO2l29 BUSH
els, against 10, 1893, 4S3 in the same weeks last
year, and the western receipts. 1922 4S3
bushels. against 19,62O.7S7 last year, are
not to be forgotten, and have caused a
decline of cent in prices"
Bradstreet's says: with an exception
ally heavy business already booked for
the latter portion of the year, the mer-
camille community faces the trade stua-
ton with confidence, testified to by very
| generally firm prices and with quotations
in number of lines showing further
| marked advances. The most conspicuous
| exception to this is found in cereals. which
are weak and declining. Lower prices for
| wheat, corn and oats point to specula tive
| liquidation of tired holders. who, with
| confidence in the future of prices, have
weakened under unsatisfactory foreign
| demand, larger receipts and the near APP
| proach of expected heavier crop move
| ment.
Business failures for the week are the
smallest reported for long time, num-
| bering only 131, as compared with 1874 last
week, 1854 in this week a year ago. 1888 In
1897. 1856 in 1896 and 1874 in 1885,