The record-union., 1899-09-16

NEW YORK, Sept. 15.-BradStreet'
tomorrow will say:
With comparatively little stock on
other speculative activity, and with
few strong features presenting them
selves, the general business of the
country goes forward at q good pace,
and with unprecedented volume for this
period of the var. Fall trade activity
would appear to be at it's maximum
judging from advices of activity and
strength of demand reported alike from
Western and Eastern markets and
shared in also by most South Atlantic
and interior Southern cities. Yellow
fever at some Southern points, result
ing in quarantine regulations, has tend
ed to restrict business at few mark
cts. notably New Orleans. while un-
favorable crop and weather conditions
limit business at Galveston.
Iron and steel are quiet. but very
strong at the East. Blast furnace re-
ports show that current consumption
and production are not far apart, but
production fails to show the expansion
looked for. and while current work ia
at the rate of 100000 tons per year.
estimates of the years production do
The notable strength in cereals this
week is shown in corn, where paucity
of old supplies leads to the rumor of
September Squeeze" Little seems to
be noted in wheat, though the Govern
ment report was temporarily stimulate
ing.
Weather conditions are partly re-
sponsible for the better demand for
butter. Crude petroleum is also strong
er, and leather and hides are scarce and
firm. The strength of cotton goods is
notable. Lumber retains all it's old
strength and some new buying is re-
sponsible for present advanced quota
tions at several centers.
Wool is firm at all and higher at
some markets. and much interest is
taken in the next London wool sales.
Woolen goods are strong, though soms
manufacturers complain that the adj
vance IN raw materials has outstripped
the gaifin the manufactured product.
A number of mills are reported to have
instructed their agents that their order
books for spring delivery are delivered.
Wheat Qncluding flour) shipments for
the week aggregate 100000, against
4453, ,9O6 last week; 1915. .291 bushels
in the corresponding week of 1893, and
$3.50, ,94S bushels in 1897. Since July
list this season the exports of wheat ag-
gregated 42,012, 79S bushels, against
36469,091 bushels last year and a.
602 700 bushels in 1S97-9S.
Business failures for the week num-
Der 149, against 123 last week, and 173
in this week year ago and compared
with 169 in 1897. Canadian failures
number "a for the week, as compared
with q last week, 20 in this week q
year ago and SO in 1897.
NEW YORK, Sept. 15.-R. C. Dun &
Co.'S weekly Review of Trade" will
say tomorrow:
Better than all other news, the rec
ord of August commerce shows the re-
lation of United States business to that
of other countries. Exports were
$20,0S2, ,S15 larger than ever before in
August, and exceeded imports by S37,-
929699, partly because exports of
staples were $9,366.978 larger than last
year. but also because exports of other
products, mainly manufacturing, were
SIC, ,349, 900 larger than last year and
larger than any other month of any
year.
ears ludI d GREAT duNduCt III ptlCth
might shut off exports of manufactured
products have not been unnatural and
it is most gratifying to find such ex-
ports continue and expand. The eX-
cess of exports over imports gives fair
promise of as large balance in foreign
trade to the benefit of this country DUR
ing 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 progress has never
been rivaled.
The great movement of grain, in
wheat and -four is q little larger than
last year in August, and in two weeks
of September 5,920,273 bushels (1our in
cluded) from Atlantic ports, against s.
423,0 ,076 bushels last year, and from Pa
cifc ports 755, $50 bushels, against 1884,
IA bushels last year, is far more ef-
fectiye iii preventing a decline in prices
than any official or unofficial estimate
of yield. Government reports Indicate
a wheat crop of only 516,000,000 BUSH
els. but last year the September re-
port indicated $50, 100000 bushels. and
afterward the official returns made it
675 600 600 bushels. One 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 1869, 400 bush
els in two weeks against 1868, ,S95
bushels last year and corn exports g.
OS3. .212 bushels against 4,351,331 BUSH
els. The feeling is not unreasonable
that foreign needs are just now well
indicated by the corn movement.
Extraordinary efforts to increase the
iron output failed in August, partly be-
cause the stoppage of a few large fur.
naces for repairs more than balanced
the addition of thirteen small furnaces
to the producing force, and partly be-
cause hot weather prevented full pro-
duction. Plates at the East and COM
mon bars at Pittsburg are 81 per ton
higher, and wire nails have again been
advanced So per ton. Orders for plates
include several for export, and one for
a vessel on the Delaware River and one
for the Venezuela at Pittsburg.