The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1899-08-12
NO HESITATION
In Business Expansion Except
a Slight One
Occasionally to Get a Better and
Faster Impetus.
INCREASED OUTPUT
Has Enabled Eastern IrOnmak-
ers to Catch Up.
Receipts of Grain Continue I'm
usually Large.
INCREASED OUTPUT

New York, Aug 12.-R. G.. Dun & Co.'s
Weekly Review of Trade says today:
After great expansion business hesitates.
This year it is astonishing that the hest
tation has been so slight In one branch
after another buying has halted, only to
be followed by larger buying.
The output of iron furnaces in blast
August l was 269, 032 tons weekly or 6.S
per cent more than in 1892 and 81 per cent
more than last year. With decrease OF
q 36I tons in unsold stocks, nearly half in
charcoal iron, the apparent consumptlon
ana exports do not exceed I,l2Ot44 tons,
which barely equals the lowest report of
nave started since that date, with several
more to follow. The supply appears to be
at the east equal to the demand although
new demands Tor the week nave covered
Zoo tons for new buildings at Chicago,
eastern buildings at Pittsburg. In bars
both eastern and western mills are unable
they take all orders anywhere, while in
sheets the western mills are OvercrOwded,
The COnnelsville coke output is again
1872, $50 tons for the week with only 500
following London, has risen to % cents,
but fell to 81. IS cents and copper is hard
quoted at 81 50 to $3.50. ~ -''-N'' ''O -
Sole leather has slightly advanced with
buff and split, but the convention of boot
and shoe manufacturers proposes to ad-
vance prices, though without definite
authority New orders are now in some
lines larger than the works can accept,
III oaniIy bff an ti aIo
reports hides Slightly lower for packers
but shade higher for country buff and
heavy cows.
Cotton has risen owing to crop reports,
but nobody believes that the years pro-
duction with the heavy stocks carried
over will fall below the requirements for
consumption.
Wool is little less active after its great
rise and inside quotations are sometimes
accepted, but sales at the three chief
markets have been 20 206, $50 pounds in two
weeks against %, 495 500 in the same weeks
of 1897 and 16. 436,600 in the same weeks
of 1892.
Wheat receipts at the west have been
S,6525lO bushels in two weeks against s.
645, $50 bushels last year, making it hard
to believe the unfavOrable crop estimates
which still come forward from unofficial
and official sources. The exports have
slackened, amounting only to 6629133 bush
els, flour included, from Atlantic ports,
against sos 81 last year, and from Pa
cific ports 100000 bushels against 924, 1856
last year. other exports being 457,2SS bush
els.
Corn exports were in two weeks G, e7O, 500
but receipts continue enormous in two
weeks, S,S39, 81 bushels against 6,479, $50
last year. Contradictory stories about
foreign crops weigh but little compared
with the actual buying of grain and move
ment from the farms.
The truth seems to be that the supply
of wheat in the spring wheat region is
larger than anybody has supposed.
Failures for the week have been 1876 in
the United States against 1876 last year,
and 20 in Canada against Is last year.