The San Francisco call., 1899-07-22
DIJNs REVIEW OF TRADE.

last year and 6,OOS, 526 in 1878.
DUNs REVIEW OF TRADE.
NEW YORK. July 21.-R. G. Dun COS
weekly review of trade will say:
Optimism is always popular, but more tnan
half the time dangerous. Several years OF
hating and reaction historically tollo" 'hlee
of rapid progress But the three OF progress
have not yet passed and the cautious search
discloses no sign OF halting. Foreign ankle
ties have been real, but they seem to be pass
ing and Europe has begun paying llperaity
for more food without expectation that secur-
tiles can be sent in settlement Inc eAPeiiei'e
labor strikes have vanished and the local
troubles do not affect national business. Fears
of new and powerful corporations lessen as II
is found that they are controlled by the same
laws which govern the small companies
Above ALL the general evidences of prosper
itv continue convincing failures are the small
est ever known for the season, railroad earn
ings the largest and solvent payments through
clearing houses in July have been 1876 per
cent larger than last year and 6ZS larger 'hah
in 1892 the best previous years
The official returns of the most Wohoer5ul II,
crease Of $50 800 600 in value OF the great st1ies
Eear Of deficient crops has been buried un-
der Western receipts from farms amounting
to 12 Sol o46 bushels of wheat for the month
thus far against 3773 los last year, ana Io,Zse,-
655 bushels of corn, against 6,6l23lo last year
E,xports. of wheat. Atlantic and Pacific. have
been 7,709 1913 bushels during the month thus
4,3HJ SNAAA
q 6g3 G4I bushels, against 5,OS7 S57 last year
Prices declined sharply with assurance OF
ample supplies-wheat cents ana corn -
ccnts-which is the more significant in view
of the previous heavy exports OF poth. C3t- C
ton also is gaining abroad largely, though the
Pig iron has not advanced this week. but
advances have occurred in finished products
steel rails TO $50 at Pittsburg, billets 10 S3i'
sheet bars to $50 80, sheets to ) cents at fltls-
burg and cut and wire nails both 50 per ton
The American Tin Plate Company settleu
with its men by granting i per cent more
wages and raised the price of plates 90 cents
per box. Still demand does not aoate, thoush
works have 10 refuse many orders IN plates
one large order for shipment to the Clyde was
received. In bars less urgency OF demand ap-
pears in the East. but in sheets works are
about filed for the year. and IN struGtuTa Iad
shapes besides $500 tons for bridges and 200
for buildings at Chicago, a proposal Is re-
ported for 5000 tons to build a palace for the
MikadO of Japan. ,,
break the record for production this month.
Tin is lifted TO SIS 90 by wild speculation; cop
per is firm at 1872 cents, and lead Is said TO be
sold by the smelling companies below "a 90,
the quoted price.
cular of the 18th showing rise OF zig cents
( since May 15, speculation being particularly
active in fine wool because 1t is rising abroad
though in less demand for manufacture here
/ than combing and medium grades. At the
three markets 35 $50, 500 pounds have been sold
same weeks of 1897, before the present tarln
{ was enacted.
Manufacturers do not appear to be buying
largely, though the demand is better and has
! caused an advance in textiles and some other
kinds. Cotton goods are unchanged but fairly
steady.
higher and hides at Chicago rise slightly with
I limited receipts.
Failures for the week have been 14O in the
United States, against 207 last year and q in
{ II