The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-09-30
DEMAND STILL GROWS
After All Theories to Account
for 1t are Exhausted
IT Is JUST PLAIN DEMAND
September Is the Twelfth In a
Series of BEST" Months.
IT is JUST PLAIN DEMAND

New York. Sept 2s-R. G. Dunn & CO..
weekly review Of trade will say tomor.
row: September is the twelfth con.
secutive month in which the volume OF
business. with New York and outside
New York. has been greater than in the
same month Of any previous year. In
these twelve months payments through
the clearing houses have been $50 SoO.o3O
co., against ss1, 10000 in the twelve
months ending with September. 1892. ar
increase of SOS. 400. 600 600, over IS per cent
When the tremendous expansion began,
men called it replenishment OF long de-
pieted stocks, then for time IL was
called a crazy outburst of speculation,
and when demand still expanded. some
pertinent increase Of business was recog-
nized as a result of increased population
earning better wages. But the demand
sun grows, now ranging about 50 per cent
greater than in 1892, while population. &C
cording 10 treasury estimates, Is I6 per
cent greater and wages are not over 10
business and industries. of producing and
transporting forces. IS in progress
throughout the land. with results which
none can now measure
Iron consumption, instead Of 7so. 900 tons
per month IN 1892. is now over 10000
tons per month, and yet Is so far behind
the demand for products that the ca
pacity Of most works is sold far on into
next year. With sales OF 5000 tons at
Pittsburg, Bessemer pig rose TO $3.50.
Chicago coke and southern pig again rose
and new furnaces are sold many
months ahead before they begin work
Bars are hard to get at any price the
whole output Of the Republic company
being sold to January. and 81 % is quoted
for common at Pittsburg, while at Chi
cago the great demand for car build
ing falls on works overcrowded. oCn-
tracts for 5000 tons of plates have been
placed at Pittsburg and at all points the
price is rising with astonishing demand.
Sheets are also higher with the demand
intensified by renewed efforts for con-
solidation.
Shipments OF boots and shoes from
Boston in nine months have been $780,
SIC cases. against 2,S33, $50 in 1892. and in
four weeks 391,622 cases against $50. Ges
last year, 376.771 in 81 and less in any
other year. Here the increase is more
nearly proportional to population and
wages, but works are all a month or
more behind their orders for the season.
Spring orders are fair. but restricted still
nv Y7uvi1Ifpppacc Of
largely at prices now obtainable, which
average about cents advance. where
makers deem 10 cents necessary.
The wool market is active, with a gen
eral advance. averaging about half a
cent on washed fleece combing and some
unwashed: the entire list quoted by
Coates Bros, probably averages about a
quarter-cent higher. Heavy western
woolens are well cleaned I'D. and Of
spring worsted many lines are withdrawn
the clays being nominally advanced to
S.45. with some fancy worsteds ) per
cent higher. Stronger demand for cot
ton staples caused an advance Of a quar-
ter-cent in brown sheetings and drills
and a half-cent in some bleached goods.
A broader selling arrangement al Fall
River seems likely to prevent the pro-
posed consultations.
Cotton opened the crop year al So
cents and rose to 6.S7, although about a
quarter more has come into sight than
last year from the greatest crop on rec
ord and stocks here and abroad com
mercial and mill are e5So10 bales great
er than year ago. But belief in serious
loss by drouths gains ground and also
belief in largely increased manufacture.
Wheat exports from Atlantic and Pa
ci1c ports have been "a .3sS bushels for
the week, -four included, against 4sf1 G22
last year. and in four weeks p .2s3
bushels against 15.osIos4 last year. The
foreign demand has aided 10 sustain
prices, which closed 7-sc higher than last
week. although western receipts have
been .. 10. SIS bushels in the past four
weeks. against 81 .s20573 last year. Corn
is unchanged in price ana stiH in large
foreign demand. exports having been in
four weeks 12155 so4 bushels. against
1884 last year. with western receipts or
2if23-s54 bushels, against 15.3ls.z s2 last
year