The times. [volume] (Richmond, Va.) 1890-1903, 1899-09-16
EXPORT TRADE
BREAKS RECORD
Reports of Commerce for August Are
Most Gratifying.
VOLUME OF TRADE UNRIVALLEO
Excess Of Exports Over Imports Gives
Promise of the Largest Balance IN
Our Favor Ever Known-Somc
Statistics.

NEW YORK. Sept. 15-R. C. Dun &
Cos weekly review Of trade will say
to morrow:
Better than an other news. the record
OF August commerce shows the relation
OF United states bushes TO that OF other
countries. Exports were S@oS2S'5 larger
than ever before en- August. and exceeded
imports by S.. g29G 9a. partly because eX-
ports of staples were s9365s5o larger than
last year. but also because exports Of
other products mainly manufacturing,
we're sio.siao0 larger than last year, and
larger than in any month Of any year
Fears that great advance in prices
might shut of exports Of manufactured
products have not been unnatural, ana
Il IS most gratifying 20 find that such
exports stu continue, and expand. Inc
excess of exports over imports gives ialr
promise of as large "A balance in foreign
trade 20 the benefit Of this country during
the winter as has ever been seen. That
manufactured exports do not ial on
bat are larger than ever, is both surprs-
ing and gratifying.
VOLUME UNBIvALLED.
ne volume NI DNrIItrr lNN OFT Ni'-i'''
has never been rivaued. The great move
mcnt OF grain In wheat and flour little
large- chan last year I'm August, and in
two weeks of September 592o23 bushels,
-four included from Atlantic ports,
against 5ig30l6 last year, and from Pa
.ihc ports, 151.5-9 bushels against abil4
asst year is far more effective in pre-
renting "a decline en- the prices than any
Ihiccal or unofficial estimate Of yield.
Government reports indicate a wheat
crop of only 5i6.G00c00 bushelr but last
year. the September report indicated that
the SS5.Oo0000 bushels. and afterward the
official return. made 10 615 000OOo bushels.
and none would Dee surprised 20 see Ike
revision this year. The price. i'm spite of
good exports. has fallen onc-quaTtcr of "a
cent for Western receipts. have been
i2.6G9fi6 bushels Boo two weeks, against
4463Sc5 last year. and corn exports.
3 OS3 90 bushels. against 4.35l 33l. The
feeling IS not unreasonable that foreieu
needs are just now we'll indicated boy the
corn movement
COTTON TRADE.
AT this season cotton shipments are al
ways small and hopes 0r fears rule. but
prices have declined during the week
sixteenth. while u little Jess buying on
foreign account Extraordinary efforts
gust partly because stoppage of a few
large furnaces for repairs. more than ball
nu,od the addition of thirteen furnaces
GO the producing force and partly because
bot weather prevented fun production.
THE reported output 2GL335 tons against
g6.f-2 August 1st with decrease of 234l
tons bon uusOld stocks, indicates a con-
sumption OF 1,20902 tons during the
months Purchases of $1,000 tons BCsse-
mer and eoo00 tons other iron railroad
reported with advance Of Bessemer TO
gl32- az Iittsburg but quotations are
Wild because of premiums paid for early
delivery.
Plates at the Fast and common bars
at pitt~burg ar ST per ton higher. and
wire nails have again been advanced 81 per
fun orders for plates include several
for export and one for a vessel I'm the
Toi0wrre river with one for Venezuela
af p.tt- burg. but many for an forms are
refused because the works are unable 20
ID them on time and some orders of much
importance have been withdrawn az the
West ou account Of the delay uuayoid-
able and the high prices charged. The
heavy sales of WOOL l2o5fo0 pounds for
the week and 22210 for two weeks
against 3f6-a4o1 ln 1884, are largely due
to heavy manufacturing purchases at
Boston. Euf nh. re- ass elsewhere. tre buy
tnc is mostly based on expectation that
uUlon. beginning next tuesday. Will
chow an important advance. Prices here
arc su0 aud the demand ior woollen goods
nf an sorts is sirong
Failures for The week have been li) i'm
.hc United States against 11i last year.
srd a- in Canada against % last year.