Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-09-16
OUR EXPORTS GREAT.
LARGER THAN AT ANY TIME
HERETOFORE.
THE BALANCE IN FOREIGN TRADE.
Promise of rs Large Figures in Our
Favor ms the Country Has Ever
seen-VoIume of Present business
UnriValied.
Unrivalied,

NEW YORK. September 15.--R. G. Dun
& CO.'S weekly review of trade will say
tomorrow: Better than all other
reRs the record Of August commerce
shows the relation Of United States bust
Tess 70 that Of other countries. Exports
were s2o.0S2 SO larger than ever before in
August and exceeded imports by S3s 929.-
q partly because the exports Of staples
ps-e 50 2e6.s7o larger than last year. but
$50 because the exports Of other pro-
ducts mainly manufacturing. were So
gap0 larger than last year. and larger
thlr in any other month Of any year.
Fears that great advance IN prices might
shut Of exports OF manufactured pro-
ducts have not been unnatural. and it is
most entifying 10 find that such exports
s,u continue and expand. The excess
o. exports over imports gives fair pro-
mise Cf as large q balance in foreign
trade 20 the benefit Of this country du-
ring the winter as has ever been seen.
That Manufactured exports do not fall
~. tut are larger than ever. is both
surprising and gratifying. The volume Of
business now I'm progress has never been
rysled.
GRAIN NOV tMitNI.
The great movement of grain. in wheat
uj -four a little larger than last
gear in August. and IN two weeks Of
September 59z9273 bushels. flour included,
from Atlantic ports, against 5.42}.W6
last year. and from Pacific ports 1868
bushels. against SCALA last year, is far
more effective in preventing a decline in
lrrfs than any official OF unofficial esti-
ul,a OF yield.
Government reports indicate q wheat
crop OF only $4,000 90 bushels. but last
year the September report indicated but
5000 600 bushels, and afterward the Off
cial returns made il 675. 0Oo ooV bushels,
and none would bee surprised 20 see a
like revision this year. The price i'm spite
OF good exports. has fallen Oue quar-
ter OF a cent, for western receipts have
been 13669.4i5 bushels in TWO weeks,
against li465.Ssj last year. and corn ex-
PORTS. G0S.I2 bushels against 4,35l, 331.
The feeling is not unreasonable that
foreign needs are just now well indicated
ty the corn movement.
AZ this season cotton shipments are al
ways small and hopes or fears rule the
market but prices have declined during
tle week a sixteenth, with a little less
buying on foreign account
IRON AND STEEL
Extraordinary efforts to increase the
iron output failed in August, partly be-
cause the stOppage Of a few large tur-
Races for repairs more than balanced
tbs addition Of thirteen small fur
raCes 10 the producing force and partly
because hot weather prevented fun pro
clcu0n The reported output-26'' $50
tons-against 25LG72 August LIST. with a
decrease Of 22347 tons in unsold stocks
Indicates a consumption of l.z9,Ol2 tons
during the month. Purchases of 10000
tons of Bessemer and 5000 tons of other
railroad iron are reported, with an adj
vance OF Bessemer to $223.25 at Pittsburg,
but quotations are wild. because Of pre-
NUNS paid for early delivery
Plates at the East and common bars at
P.ttsburg are 81 per ton higher, and wire
nails have again been advanced s. per
tou Orders for plates include several for
export, and one for vessel in the Della
ware river with one for Venezuela. a,
Pifteburg. but many for all forms are re-
fused. because the works are unable TO
ll them on time, and some orders OF
much importance have been withdrawn
al the West on account Of the unavOid-
able delay and the high prices charged.
WOOL AND WOOLLEN GOODS.
The heavy sales OIL wool-l2.0 coo
pounds for the week, and 2l,2S2lOO foI
TWO weeks-against 50 G29.4O0 in 1897, are
largely due 70 heavy manufacturing pur
chases az Boston. but there as elsewhere
The buying IS mostly based on the eX,
lectation that London, beginning mex
Tuesday,. will show an important advance
Prices here are stiff and the demand io'
yoolen goods Of all sorts is strong.
Failures for the week have been Jay III
0a United states. against ia last year
ol 20 in Canada, against 2 last year.