The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-09-02
LARGE DEMAND IN ALL LINES.
CONTINUES IN SPITE OF UNUSUALLY
HIGH PRICES.

Demand for Iron stiI Why Ahead of
the SuppIy-Lnrge Business I'm
Boots and Shoes in Spite of Adj
vance in Prices-WOOI Market
Rather QuIct-PrOspects of In
creased Consumption of Cotton.
Shipments of Wheat and Corn.
New York Sept 1.-R. @. Dun & Co.'S
Weekly Review of Trade VIII say to-mor-
rev:
Ire aStcni hirg feature is the magni ude
OF demand. Notwithstanding prices which
would ordinarily check It. In products a.
reci.y consumed by individuals, the larger
employment and better wages Of the wo k
ing force give explanation. Efforts 10 meet
the demand call for more $ ores, and man
ufacturing works for more machinery and
facilities aud transportation, as If every
mans wages were in part diverted to bufi
UP the nations machinery of manufactur-
ing and distribution. The occasion promis-
es quick profits, the building is largely for
the future, and L gees on in spite of I'M
usual prices.
The demand exceeds the supply of Bes-
semer pig, again raising the price for thai
and anthracite to $3.50, Southern foundry
TO SIS 20 at Piusburg, with heavy sales,
grey forge to S19, and Southern at Chi
ago 10 S2065, with local coke at $2l. Struc-
tural shapes were advanced s. per ton
week ago cut nails % cents per keg this
week, plates 81 per ton, common bar iron
to S1S71b at Pitlsburg and tool steel to
7 cents, with large Mexican orders placed
,rF. nj
Chicago. Few works can promise delivery
before December and most of the heavy
contracts have been paced for next years
delivery. aiOIt4KEEk
Recent advices In boots and shoes and
leather do not prevent large business, and
hides have slightly risen at Chicago Ship
ments of boots and shoes from Boston,
81 per cent larger than in any other
ear to date, were al per cent. larger in
August than in any other year, and q
per cent. larger than In 1892. Buyers press
for early delivery, manufacturers refuse
many orders, and some already have con-
tracts farther ahead than they wish
Leather is a little stronger, with heavy
business.
With Wool and Cotton.
Sales of wool have been moderate, 632S,-
200 pounds for the week, and for five
weeks 42.0O5S9O, Of which $685. go were
domestic, and when the last great specu-
lation was in progress, sales in the same
weeks of 1895 were 57,669292 pounds, of
which 80 us, 9S7 were domestic. Some hest
fancy in buying by manufacturers Is at
tributed to current prices. and in quarters
l. a aaal aaN he'd ON
conbing light some concessions have
been made, so that the average of 100 quo
tations by Coates Bros. Is about 2033
cents, against 1910 Aug. l. Mills have
strong demands for goods, and the clay
worsted have further advanced.
In cotton goods demand exceeds sup
ply and many kinds have advanced al
though the material has declined.
The cotton year ends with quotations
at 6Ac. The crop has surpassed all others
and with commercial stocks here and
abroad and mill stocks about 100000 bales
larger than a year ago, the actual con-
sumption of American cotton seems to
have been about 10000, 900 bales, so that
a crop of 100000 would leave stocks
about where they were a year ago, IL con-
sumption should remain the same There
are prospects of increase in the consump-
ton but also of a yield exceeding TO-
000, 900 bales, Notwithstanding recent losses.
In the Cereal Market.
Wheat has declined mainly because re-
ports of injury in the Northwest have
been discredted, and the exports of both
coasts have been for the week 100000
bushels, against 37S5 759 last year, and
for five weeks, 16114.6S5 bushels, against
16.S75 S39 last year The Western receipts
have been 1884 70 bushels, against 90
800 5S5 last year, indicating in recent weeks
some disposition on the part Of the farm
ers to hold their grain.
The enormous exports of corn, 20,S02 1873
bushels, against 1899 4s3 in the same
weeks last year, and the Western receipts
19.722019 bushels. against 1S62O,7S7 last
year are not to be forgotten and have
caused a decline of l cent in price.
Failures for the week have been 141 in
the United States, against III last year and
twenty-five in Canada, against twenty