The star. (Reynoldsville, Pa.) 1892-1946, 1899-10-25
TRADE REVIEW.
Prices Are Still Advancing and II is Difficult tc
Chain Competen. Hands at Many
OF The Works.

II. G.. Dun & Co.'S weekly review OF
trade reports as follows for last week:
In most lines business continues to
expand. though in some there are
signs that buying has been checked,
either because prices have outrun the
views of buyers. or because recent pur-
chases have been so heavy that nobody
is left In need. Prices are still advanc-
ing, in almost every line supported by
rising prices OF materials, and works
everywhere are still crowded to their
utmost capacity, while at many points
1t Is found hard to get through COM
petent hands But the volume of
business expressed in values rises
much more than prices, showing re-
markable increase in qualities of goods
exchanged.
The outbreak of war i'm South Africa
has brought no such changes as many
feared. In England the markets have
treated II as an event already over
discounted, and relations with this
country were not appreciably affected
The outgo of cotton Is just now
checked, but of other great staples and
manufactured products the foreign de-
mand Is surprisingly sustained.
Wheat has declined 1h cents in price
in spite of unfavorable crop reports,
and western receipts do not keep up
with the unprecedented movement of
itSl YEAR, having Deen Dut So,fof,fUU
bushels, against 30, 592, ,494 bushels dur
ing three weeks of October last year
But Atlantic exports, flour included,
have been in three weeks of October
1O,679,2l6 bushels, against 9,6S6,,26
bushels last year, and Pacinch exports
1888, 1888 bushels, against 2.2sS,312 BUSH
els last year. Beyond doubt prices
would rise far and fast with such a
foreign demand II official and other
current reports of yield were fully
credited. Corn exports add testimony
as to foreign needs, having been In
three weeks 1924 ,406 bushels. against
7,OO2,O3s bushels last year.
The upward movement of cotton, 3-16
cent for the week, has now COME to de-
pend largely upon great speculation,
for farmers by the thousand are now
holding back cotton to some extent
while important banking and trading
interests are enlisted.
Wool has also enlisted a powerful
speculative interest and sales of H.
293,O00 pounds for the week at the
three chief markets represented about
twice the consumption. But II Is
stated that manufacturers, exclusive
of the American Woolen Company.
have been buying quite freely and
while goods for mems wear outside of
worsteds were not particularly active,
there has been excellent business in
dress goods.
Sales of $4,000 tons bessemer pig and
a reported demand for 100000 tons bill
let's in bare market at Pittsburg
have made quotations less intelligent
than usual. Bessemer sales at $23 for
next year and $24 so for this year. at
Pittsburg, are reported. with billet
sales of sheet bars at S36 per ton. The
western market Is strong and the
eastern not changed. While large or
ders for bars are refused at Pttsburg
by the works, which are full for many
months ahead, others just starting
are seeking such orders at 2.1 cents.
and the Chicago and Pittsburg mar
kets are still full of orders for plates,
although the works at Pittsburg have
nearly caught up, and some of them
are now taking only 2.75 cents against
2.90 cents last week. Some works are
also taking orders for sheets at $40
cents, and in other directions there are
signs that theenormous production be-
gins to be felt.
There is possibility of check owing
to shortage of cars at Connellsville.
which restricts delivery Of coke.