The star. (Reynoldsville, Pa.) 1892-1946, 1899-09-06
REVIEW OF TRADE.
Demand Sill Exceeds ihe Supply Of Bassc.
mer Pig - A Drop in
Wheat.

r., G. Dun & Cos weekly review of
trade reports as follows:"The astonish-
ing feature is the magnitude of demand,
Notwithstanding prices which would
ordinarily check it. In products direct
ly consumed by individuals, the larger
employment and better wages of the
working force give explanation. Eff
forts to meet the demand call for more
stores, manufacturing works and ma
chinery and facilities for transporta- =
tion, as If every mans wages We're in
part diverted to build up the nations
machinery of manufacturing and dis
tribution. The occasion promises quick
prohts, the building Is largely for the
future, and II goes on in spite of un-
usual prices.
Demand exceeds the supply Of b s.
semer pig, again raising the price for
that and anthracite to $22 so, southern
foundry to $3.50 at Pittsburg, with
southern at Chicago to $20.65, with local
coke at $2l. Structural shapes were
advanced 80 per ton week ago, cut
nails 20 cents per keg this week, plates
$2 per ton, common bar iron to l7s
cents at Pittsburg, and tool steel to
! cents, with large Mexican orders
placed for pipe, and good orders for
bridges at Chicago. Few works can
promise delivery before December. and
most Of the heavy contacts placed have
been for next years delivery.
Sales of wool have been moderate,
6,32S, 700 pounds, for the week, and for
five weeks 42,005,S9O pounds, Of which
35 $50 pounds wer domestic, and
when the last great speculation was
in progress sales in the same week of
1895 were 57,669,292 pounds, of which
9,1lS,3S1 pounds were domestic. Some
hesitancy in buying ly manufacturers
is attributed to current prices, and In
quarter-blood washed fleece and un-
washed and combng light some con-
cessions have been made. so that the
average of 100 quotations by Coates
Bros. is about 20.33 cents, against 20.4C
cents August !.
Mills have strong demands for goods
and the clay worsteds have further ad-
vanced. In cotton goods demand ex-
ceeds supply and many kinds have ad-
vanced although the material has de-
clined.
1.-THE cotton year ends with spot
quoted at Ga cents. The crops has sur
passed all others, and with commerc al
stocks here and abroad and mill stocks
about 100000 bales larger than a year
ago, the actual consumption of Amerl-
can cotton seems to have been about
II, 600, 900 bales, so that crop Of 10000
900 bales would leave stocks about
where they were q year ago, II con-
sumption should remain the same.
There Is prospect of increased con-
sumption. but also of yield exceeding
10000. 900 bales, Notwithstanding recent
losses.
wheat has declined mainly because
reports of injury in the Northwest have
been discredited, and the exports from
both coasts have been for the week
100000 bushels, against 37S5,759 bush
els last year, and for five weeks 16, ia,
6S5 bushels. against 16,S75,63 bushels
last year. The western receipts have
been 19,513474 bushes, against 20, 800, 5Si
bushels last year. indicating in recent
weeks some disposition on the part OF
farmers to hold their grain. The e~or-
nous exports of corn. 20,SO9. .129 bushels,
against 10.999.4S3 bushels in the same
week last year. and the western re-
ceipts. 10. .722,019 bushels. against 1890.
1877 bushels last year, are not to be for
gotten and have caused decline of
cent In price.
Failures for the week have been 14l
In the United States. against III last
year. and 25 in Canada. against 22 last
year. -