The times. [volume] (Richmond, Va.) 1890-1903, 1899-09-02
EN0RM0USDEMAND
FOR MANUFACTURE
The Trade Conditions Like the House
That lack Built.
ORDERS THAT BRING PROFITS.
Iron Demand Exceeds the Supply ana
Contracts Placed for Next Years
Dclivery-Prices Still Going UP.
Demand for Cotton Goods.

NEW YORK, Sept. 1.-R. C. Dun &
Co.'S Weekly Review Of Trade will say
tomorrow:
The astonishing feature IS the magni-
tude Of demand Notwithstanding prices
which would ordinarily check it. In pro-
ducts directly consumed by individuals
tho larger employment and better wages
Of the working force give explanation
Efforts TO meet the demand call for more
stores. manufacturing works more ma
chinery and facilities and transportation
as II every mans wages were in part dl-
yerted 10 build up tho nations machinery
OF manufacturing and distribution. The
occasion promises quick profits the build-
ing Is largely for the future ana u goes
on in spite OF unusual prices.
The demand exceeds the supply OF Bes-
serner pig. again raising the price fOr that
and anthracite TO $3.50, southern foun-
dry 10 1885 az Pittsburg with heavy
sales. Southern at Chicago 60 80 60 with
local coke at SOL Structural shapes were
advanced s. per ton 4 week ago. cut mans
q cents per key this week. pilates - per
ION. common bar iron 10 S.G II nc Puts
burg. and tool steel 10 cents, with large
Mexican orders placed for pipe, and good
orders for bridges at Chicago.
Few works can promise delivery be-
fore December and most Of the heavy
contracts have been placed for next years
delivery.
Recent advances IN boots and shoes and
leather do not prevent large business and
hides have slightly risen at Chicago.
Shipments OF boots and shoes from BIOS
ton 81 per cent. larger than i'm any other
year 10 date were al per cent larger in
August than I'm any other year and "a per
cent larger than I'm 1892. Buyers press
for early delivery manufacturers refuse
many orders and some already have con-
tracts further ahead than they wish.
Leather is a little stronger with heavy
business.
Sales Of wool have been moderate, g.
3S3. 200 pounds for the week and for five
weeks 42.O05.S $50 Of which 55,4592so were
domestic. and when the last great specu-
latlon was in progress in the same
weeks OF 1895 were 80. 500. 232 pounds, OK
which 39.11S.9S7 were domestic.
Some hesitancy in buying by manu-
fcaturers is attributed % current prices
and in quarter-bood washed fleece and
unwashed and comblng light some con-
cessions have been made so that the
average of 100 quotations by Coates
Brothers is about 2o33 cents against
1910 August list.
Mills have strong demands for goods
and the clay worsteds have further adj
vanced.
The cotton year ends with quotations
40 IA cents. The crop has surpassed
all others, and with commercial stocks
here and abroad and mill stocks about
00,000 bales larger than q year ago. the
actual consumption In America OF cotton
seems to have been about 100000 bales.
so that n crop of 100000 bales would
leave stock ib1ut as they were n year
ago, 81 consumption should remain the
same. There is n prospect Of increased
consumption. but also OF a yield exceed
ing 100000 bales, Notwithstanding re-
cent losses.
Wheat has declined mainly because OF
reports OF injury en- the Northwest have
been discrcdtcd. and the exports from
both coasts have been for the week
100000 bushels against 3.7S5.l5) last year
and for five weeks 16.1lfGSj against &c.
S5.S9 last year. The Western receipts
have been 19.5l34l0 bushels against 90
32055 last year. indicating On recent
weeks some disposition on -he part OF
the Armors 20 hold their grain.
The enormous exports Of c0rn-20 SOP
l29 bushels against 109g9.43 in the same
weeks last yelr. and the Western receipts
19722O9 bushels against l&6205s7 last
year-are not 20 De forgotten and have
caused n decline Of one cent I'm price.
Failures for the week have been III
I'm the United states against III last
year, and p I'm Canada against % last
year