The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1899-09-30
For Twelve Successive Months
the Volume of Trade
Has Been Greater Than In the
Same Months of
THE PREVIOUS YEAR.
No Signs of Abatement In the
Business Boom.
Increasing Prices In Almost
Every Line of Industry.

New York, Sept. 30.-R. G. Dun &
Co.'S Weekly Review of Trade says:
September is the twelfth consecutive
month in which the volume of business
both in New York and outside New
York has been greater than in the same
month of any previous year. In these
twelve months payments through the
clearing houses have been $50, 900 900, 600
against $61 200, 100000 in the twelve
months ending with September, 1892, an
increase of SIS, 400. 900. 600, over 46 per
cent When the tremendous expansion
began men called it replentshment of
long depleted stocks, then for a time it
was called a crazy outburst of specula-
ton and when demand still expanded
some permanent increase of business
was recognized as a result of increased
population earning better wages. But
the demand still grows, now ranging
about 60 per cent greater than IN 1897,
while wages are not over ~ per cent
greater. A reconstruction Of business
and industries, of producing and trans
porting forces is in progress throughout
the land, with results which none can
now measure. -
Iron consumption instead of 100000
tons per month in 1892, is now over
! POO, 600 tons per month and yet is so Tar
behind the demand for products that
the capacity of most works IS sold lar
on into next year.
on sales of 10000 tons at Pittsburg,
Bessemer pig rose to $3.50; Chicago
coke and Southern pig again rose ST.
and new furnaces are sold many
months ahead before they begin work
Bars are hard to get at any price, the
whole output of the Republic company
being sold to January and 1925 is
quoted for common at Pittsburg, Whlle
at Chicago the great demand for car
building falls on works over crowded.
Contracts for 5000 tons of plates have
been placed at PittSburg and at all
points the price is rising with astonish-
ing demand. Sheets are also higher
with the demand intensified by renewed
efforts for consolidation
Shipments of boots and shoes from
Boston in nine months have been 3,5OO,-
767 cases against 2, 1913, 682 in 1892, and in
four weeks 800, 622 cases against 360699
last year, 376 I'll in 81, and less in any
other year. Here the increase is more
nearly proportional to population and
wages but works are all a month or
more behind their orders for the season
Spring orders are fair, but restricted
still by unwillingness of makers to con-
tract largely at prices now Obtainable,
which average about D cents advance
where makers deem IL cents necessary.
The wool market is active with a gen
eral advance averaging about 12c on
washed fleece combing and some I'M
washed; the entire list quoted by
Coates Bros, probably averages about
one quarter cent higher. Heavy weight
woOlens are well cleaned off and of
drawn the clays being nominally adj
vanced to $1.45 with some fancy wors-
teds 5 per cent higher. Stronger de-
mand for cotton staples causes an ad-
vance of &c in brown sheetingS and
drills and nc in some bleached goods
A broader selling arrangements at Fall
River seems likely to prevent the pro-
posed consolidation
Cotton opened the crop year at 1925
and has risen to $6.S7, although about
a quarter more has come into sight
than last year from the greatest crop
on record and stocks here and abroad,
commercial and mill are 65S.000 bales
greater than a year ago. But belief in
serious loss by drouths gains ground
and also belief in largely increased
manufacture.
Wheat exports from Atlantic and Pa
ci1c ports have been 4,294.386 bushels
for the week. flour included against
4. S61, OPP last year and in four weeks r.
951, 263 bushels, against Is, 062, 1854 last
year The foreign demand has aided to
sustain prices which closed &c higher
than last week, although western re-
ceipts have been 29,129,5 18 bushels in
the past four weeks, against 81, 830,573
last year. Corn is unchanged in price
and still in large foreign demand, ex-
ports having been in four weeks II. 155,-
9O4 bushels against 8,133, Sal last year,
with western receipts of "a. 433 S74, /
against s. 133, 641 last year, with western
receipts of "a, 433,874, against 15,319292
last wear.