The times. [volume] (Richmond, Va.) 1890-1903, 1899-09-30
AN UNPARALLELED
BUSINESS YEAR
Volume Larger for Twelve COnsecu-
tive Months Than Ever Known.
NO ESTIMATE OF THE FUTURE.
The Results or Reconstruction Now In
Progress Beyond Measurement.
The Stimulation Shown In All
Branches OF Trade.

NEW YORK. Sept. pr. C. Dun &
cos Weekly Review Of Trade will say
tomorrow.
September Is the twelfth consecutive
month I'm which the volume Of business
both at New York and outside Of New
York had been greater than I'm any pre-
vious year. In these twelve months pay
ments throughout the clearing house have
been $4,000. 10000 against NhL0oVoo.WO IN
twelve months ending with september,
1902, an increase of SN fe9oI0,OpO, over ~
per cent. When the tremendous expansion
began men called u replenishment OF
long depleted stocks. then for a time II
was called a crazy outburst OF speeula-
ton: and when demand sull eXptnded
some permanent increase Of business was
recognized as a result Of Increased popu-
lation earning better wages. out the de-
mand stll grows. now ranging about 90
per cent. better than in 1892. while popu-
lation, according 20 the Treasury esu-
mate. Is Is per cent. greater, 81 wages
are not over 10 per cent. greater.
A reconstruction Of business and indus
tries, Of producing and transporting forces
Is IN progress throughout the Land. with
results which none can now measure.
THE IRON TRADE
Iron consumption, instead Of 10000 tons
per month in 1882. is now over lAo.W9
tons per month, and yet It is so far be-
mir the demand for products that the
| capacity OF most works is sold far into
next year. with sales OF 20.0o0 tons at
Pittsburg. Bessemer pig rose 10 5000.
Chicago coke and Southern pig again rose
81 and new furnaces are sold many
months ahead before they begin work.
Bars are hard to get at any price, me
whole output Of the Republic Company
being sold to January, and SO is quoted
for common at Pittsburg. while at chi
cage the great demand for car-ouildins
falls on works over-crowded
Contracts for $1,000 plates have been
placed at PittsJurg. and at all points
the price is rising with astonishing de-
mand Sheets are also higher. with the
demand Intensified by renewed efforts for
concentration.
The shipment Of boots and shoes from
BOSTON have been 3.500.676 cases. against
2S236S2 I'm 1892. and I'm four weeks 800
500 cases against 35O,s99 lasb year 36.Nl IN
~ and less I'm any other year. Here the
increase is more nearly proportioned 70
population and wages. but works are all
"A month or more behind their orders
for the season. Spring orders are fair.
but restricted stil by un~willingness Of
makers 10 contract largely al prices now
| obtainable which average about ; cents
advance where makers deem 1l-2 cents
necessary.
WOOL ADVANCES
The vool market Is active with a gen
eral advance averaging about 1-2 a cent on
washed fleece combing and some unwash-
ed: the entire list quoted by Coates Bros,
probably averages about IA cent higher
Heavy weight woolens are well cleaned up
and of spring worsted many lines are
withdrawn. the clays being nominally ad-
yanced 10 Las with some fancy worsteis
per cent. higher. Stronger demand for
cotton stables causes an advance Of Ia in
brown sheetings and drills and IL cent.
in some bieached goods. \ broader selling
arrangement az Fall River seems likely to
prevent the proposed consolidation.
Cotton opened the crop year at 6.25 cents
and has risen 20 6.S7. although about a
quarter more has come into sight than last
wear from the greatest crop on record,
and stocks here and abroad. commercial
and mill. are $4,000 bales greater than a
year ago. But belief In serious loss by
drought gains greater ground and also
belief In largely increased manufacture.
GRAIN EXPORTS.
Wheat exports from the Atlantic and
Pacific have been 42943S6 bushels for tho
week. -four included. against 4,s6l,Oo2 last
year. and in four weeks. 1881 9o3 bushels
against l5.O6l S64 last year. The foreign
demand has aided TO sustain prices which
closed rs higher than last week, although
western receipts ave bIen 29.l29.5lS bush
els In the past four weeks against 3.S5o5lS
last year.
Corn is unchanged I'm price and still in
large foreign demand. exports having been
I'm four weeks. 12.155.s A bushels against
Si23.6si last year. with western receipts-of
fl.l23 S7t bushels against 15,3l9.2O last
yaer.