Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-09-30
BUSINESS STILL BoOMs.
Continued Increase In The Volume Of Trans
actions Reported.


New York, sept. 29.--R. @. Dun q
Co.'S Weekly Review OF Trade will say
tomorroWi September IL the twelfth
consecutive month IN which the volume
~ business both at New NorK and OUT
side % New York has been rroator than
the same month Of any previous year
In these twelve months payments
through the clearing houses have been
5000 100000 against SOL 200, OO0 900 in
twelve months ending with September
1879. an Increase OF tls.ioO 100000, over
40 Per cent.
when the tremendous expansion be-
gan, men called lt roplcnlshmunt u
lung-depletcd Htockr. then Tor time IL
was called a crazy uutburat Of speculn-
ton and when demands atiil expanded
some permanent Increase Of business
was recognized uH "a result u increased
population earning better warcs.
nut the demand sim grove now
ranging about go per cent greater than
Boz 1899, while population. according TO
Treasury cftlmutH. d. No per cont great
or, ard wages nrc not OVER 10 per cent
greater. A reconstruction u huuiners
and lnduatfIca. nf producing and traur-
porting forces. "a To- proEroaa through.
out the lana With recruits which none
can now measure,
"frDn consumption. Instead ~ ie0 900
tons pet month IN 1872. b. now over h.
.01.uo1 tons per month. aud yet o. 20 FAR
thn capacity 81 most works VI sold lar
0n into next year. with anlof uf 10000
tons az pittshurg. BCascmer pig rose TO
~. 90 Chicago coke ana Southern pir
aruin rose -, and new furnaces hre sold
many months ahead before they begin
work. Bars are hard 20 set nt any
/ price. the whole output OF the Republic
company being sold 90 January ana
| i2.2i On quoted Tor common az plttshurs,
while nt chicago the great demand Tor
| cnr-bullding falls on works overcrowd-
/ "a Contracts f1r 900 tons % plates
have been placed At plttsburg. and at
/ ON points the price a. rising With ts-
| tlnlHhlur demand. sheets a. fifa
| h'Ther. with the demand intensified by
| ru.wed Efforts Tor consolidation.
shipments % boots and shoes from
| lostnn 10 nine months have been 2.
t006le cases. against 2.s1aGss In 1895.
and 10 four weeks .G22 cases. against
! G0,G19 last year. 1iG.3ii In 1891 and less
| In any other year Here the increase
n more proportioncd 10 population than
wages but works arr an a month or
| moru behind their orders Tor the season.
Spring orders arc fair. but restricted
ntill by unwillinEncsH Of makers 10 con-
! tract largely az prices now ohtninahlc.
| which average about 3 cents advance.
whore makers deem TIC necessary.
'rhe wool market II active. with q
| general advance ngHrcHntinr about 80
on washed fleece combing. The entire
list quoted by Coates bros. probably
averages about &c higher Heavy
! weight wuuleng are well cleaned up.
ana ~ spring worstod many lines are
Withdrawn the clnya being nomlnnily
advanced 90 81 IS. with some fancy
worHtoda per cent higher.
stronger demand Tor cotton staples
causes an advance OF 70 In brown
phcctlnru and drills, and &c In some
detached Hooda. broader selling ar
rangoment at Fan River seems likely IN
prevent the proposed consolidation. Cot
ton opened the crop year nt 9. 20 cents.
and has risen 20 G.si. although about a
quarter moro has come into sight than
last year from the greatest crop on rec-
ord, and stocks here and abroad, COM
mcrcial ana mill, are 65s 900 bales great
or than a year ago. Belief IN serious
loss by drouthH gain ground. and also
belief In largely Increased manufacture
Corn ~ unchanged In price and stu
In large foreign demand