The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1900-09-08
DUN'S REVIEW

New York, September 7.-R G. Dun G.
Co.'S weekly review of trade tomorrow will
say:
The volume of business does not materi-
ally enlarge at the East, and there is only
moderate Improvement at the West and
south, but if expectations of greater actiy-
ity when politics ceases to disturbe are
realizeu, current operations will be found
to have laid substantial foundation. The
most important event of the week in the
Industrial world was the agreement on the
tin plate wage scale with the Amalgama ted
Association, granting about per cent. ad-
vance to 5000 hands long idle. Other me tai
workers disputes are nearing settlement
while the Borden purchase of 800, 600 pieces
OF print cloths a. 2%c clears up the Fail
River market and is believed to preclude
serious wage differences there. The tina
doision of the dissa usfied anthracite miners
as to a strike will be received today II
strike is decided upon 1t is likely to at
fec. only a portion of the anthracite inter-
ests, and the producers are well prepared
as production In August was 619, 900 tons
over last year, and coal has been moving
to market for two weeks very heavily.
Prices of grain are little altered, good crop
reports coming in freely, but the effect be-
ing neutralized by a foreign estimate of a
word crop below requirements.
n..eat stocks carried over were ample to
seem able to advance prices more than
cents over last year for wheat and pei
cent for corn. This difference is apparently
satisfactory to growers, as 7,430 372 bushels
of wheat were received at interior cities
in the first week of September against s.
-.5,@ last year. Exports from Atlantic
ports amounted to 1902 $40 bushels wheat,
flour included, against 2,90O,960 a year ago.
The Atlantic shipments of corn made a
better comparison than in recent weeks,
2g93,700 bushels, against SO51, 500 bushels
last year. Cotton Is strong in the face of a
larger yield ,.lan expected.
Business In steel products steadily in
creaseS ana mills are more actively en-
ployed. October is mentioned as the prob
able date of general resumption. 1t Is
signified that shpyards on the lakes and
the Pacific coast full OF orders for
eight months or more. AS to pig iron, the
outlook Is no better. In spite of a decrease
in production to 231 IT'S tons weekly accord
ing to the Iron Age, furnace stocks have
increased to 594.21S tons, gain of 81, SIT tons
during August, but the increase in demand
was not noteworthy until August Is.
Railroads have refused to make reduc-
ton in freight rates, which it was hoped
would increase exports. Bessemer pig and
gray forge further declined 81 per ton al
Pittsburg, although no change Is reported
at other points.
Copper continues firm, with electroly tic
hlSner at lo9sc Diu, ana TN advanced MOD
erately.
Last weeks shipments OF bolts, boots and
shoes from Boston were only 70,345 cases.
against 1,277 in the previous week and for
the year thus far the decrease compared
with 1899 has amounted to 24,S15 cases
Sales of wool at the three chief eastern
markets declined to 1888, 5000 pounds
against 4,2S47 in the previous week and
9,25, 200 last year.
The dizziness was not accompanied by any
pronounced weakness although Coates
Brothers circular for September ! made the
average price 20ssc for 100 grades, against
2O1ac a month earlier In the wooden goods
market there is a rather deceptive appear.
ance of greater activity. The bulk of the
business is in new linens recently put GU,
as substitutes for standard goods and al
lower prices.
Failures for the week were 145 In the
United States and 1872 last year; and "A In
Canada, against 80 last year.
Hester's Statement
New Orleans. September 7.-Secretary
Hester's New Orleans cotton exchange