The age-herald., 1899-09-23
DUN'S WEEKLY
 REVIEW OF TRADE The Demand Does Not Appear
 10 Abate. RISE IN PRICES CONTINUES Failures Have Been 153 in the United States, Against l73 for the Same Time Last Year Eigh-
 teen in Canada.
RISE IN PRICES CONTINUES

New York, September 22.-R. G. Dun k Co.'S weekly review of trade will say to- morrow:
 The reaction in the stock market is not a sign of anything in that market, but has set many to look for signs of re- action elsewhere. Such signs have been hard to find. It has been for months wonder that the demand for products was sustained at rates exceedingly p1st con sumption. But the demand does uot appear to abate and the rise in prices continues.
 partial explanation of scar. / in ce.- tain classes of products is dire, e,,.y attrib- uted to increased consumption. with an advance in the employment of labor, like wise reducing profit. With more hands al work, more hours and at 10 to p per cent. higher wages, the gain in purchasing power has been quite beyond the rise of per cent in boots and shoes, this year, or s per cent ih leather, 5.2 per cent. in woo.en goods, or 1o9 per cent in wool and even beyond the rise of + per cent. in cotton goods, mainly due to the rise of 13 per cent. in cotton But products used in manufacturing and U SPol t4iiS nave duNdnpeu more DeGauSa of the enormous increase in volume of business done, and in anticipated business Higner prices cause shrinking other things being equal, but this year other things are not equal
 Wheat exports fall below last years. but in three weeks, flour included, have been S,656.S77 bushels from Atlantic ports against 9293,2Sl bushels last year and O21, ,29S bush els from Pacific ports against 907, ,561 oush- els last year. But western receipts have been H,159,S52 bushels against g O99,379 bush els last year, and even more impressive are the receipts of 1S515,9 922 bushels of corn against H,177,4S3 bushels last year. Prices moved little either way until Friday. when a further sharp advance made the weeks gain Ac.
 government reports have been varied abroad that cotton has risen to 6.62 cents. but it comes forward more freely than in years or maximum crops. When men pay S3 to $5 per ton more than the latest quoted price for iron products in order to get early deliveries, it Is because delay is threa tened on works of railroads, bridges or machin- cry, promising a net profit many times the cost of small fraction of the material In such circumstances, as in much of the reconstruction and expansion now going on present cost counts for little compared with the earning power of the finished product in a time like this. Bessemer and anthracite pig are unchanged, grey forge at Pittsburg and Chicago and southern iron are higher; bars $2 per ton up, and plates s per ton and rails H per ton. Most of the business is for next year with pre- miums paid for more speedy delivery. Ne gotiations for consolidation of Fall River cotton mills have developed a contest be- tween those favoring local or non-local management, with new selling arrange ment announced for other plain goods as well as for print cloths. Prices of prints have been cut one-quarter cent for indigo blues, but otherwise the demand is strong The American Woolen company has an- nounced that the whole production of it's worsted mills has been sold which may give unexpected opportunities for other mills. It's contracts for a great quantity of new machinery indicate a belief that within it's field the demand for goods will much exceed the capacity of it's works.
 Prices have been firm with wool some what stronger since the advance at Lon don. Sales at the three chief markets were 13,4i3,S00 pounds.
 Failures for the week have been 153 in the United States against 173 last year and IS in Canada against 16 last year.