Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-20
pUN'S REVIEW OF TRADE.


NEW YORK, September 15.-R. G.
Dun & CO.. weekly review OF trade will
| say tomorrow:
| Better than all other news, the record
of August commerce shows the relation
of United States business to that OF
other countries. Exports were $20,-
| 0S2,S75 larger than ever before in All
gust, and exceeded imports by $37 ,S29,-
| 800, partly because exports OF staples
were $9,366,97S larger than last year,
but also because exports of other pro-
ducts, mainly manufacturing, were SlO,-
| $40 900 larger than last year, end larger
than in any other month of any year.
Fears that great advance in prices
might shut off exports of manufactured
products have not been unnatural, and
; it is most gratifying to find that such
exports still continue and expand. The
excess of exports over imports gives
| fair promise of as large balance in
foreign trade to the benefit of this coun-
! try during the winter as has ever been
seen. That manufactured exports do
/ not fall off, but are larger than ever, is
both surprising and gratifying.
The volume of business now in prog
ress has never been rivalled.
The great movement in grain, in
wheat and -four little larger than last
year in August and in two weeks in
/ September 5,92,273 bushels. flour in
/ cluded, from Atlantic ports, against
i 5,423,076 last year, and from Pacific
ports 755,559 bushels against 364,
! last year, is far more effective in pre-
venting a decline in prices than any
official of unofficial estimate of the
yield. Government reports indicate a
wheat crop of only 516,000,000 bushels.
but last year the September report in
dicated sos, 100000 bushels and after
wards the official return made it 675,-
/ 100000 bushels and none would be sur
prised to see a like revision this year.
The price in spite of good exports has
fallen one-quarter of a cent for west
ern receipts have been 1868, 455 bush
els, in two weeks, against 14663,895
last year, and corn exports, 6,083212
bushels against 4351 ,331 The feeling
is not unreasonable that foreign needs
are Just now well indicated by the
corn movement at this season cotton
shipments are always small and hopes
or fears rule the market, but prices
have declined during the week six
LGSUIH. with d I1JIlS ICoS Uuy IllS On 1O4 :
! eign account.
Extraordinary efforts to increase the
iron output failed in August partly be-
cause stoppage of few large furnaces
for repairs more than balanced the adj
dition of thirteen small furnaces to the
producing force, and partly because hot
weather prevented full production. The
reported output, 267, 1886 tons, against
| 267 ,672 tons August l, with decrease of
| 22,347 tons in un5old stocks, indicates
a consumption of 1,209.012 tons during
| the month Purchases of $4,000 tons
/ Bessemer and 10000 tons other iron arc
reported with advance of Bessemer TO
S2325 at Pittsburg, but quotations are
wild because eff premiums paid for early
delivery. Plates at the east and COM
mon bars at Pittsburg are 81 per ton
| higher, and wire nails have again ad-
vanced So per ton. Orders for plates
| include several for export and one for q
vessel in the Delaware river, with one
for Venezuela at Pittsburg, but many
for all forms are refused because the
works are unable to fill them on time,
and some orders of much Importance
have been Withdrawn at the west on ac-
count of the delay unavoidable and the
high prices charged.
The heavy sales of wool. 1906, 900
pounds for the week and 21,2S2, 100 for
two weeks, against 36,629, 400 in 1897,
are largely due to heavy manufacturing
purchases at Boston, but there as else
where the buying is mostly based on
expectation that London sales are stiff
and the demand for wooden goods of
all sorts is strong.
Failures for the week have been 149
in the United States against ia last
year ard 80 in Canada against % last
year.