The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1900-01-31
TRADE is SOME LIGHTER.
Dun's Review Attributed 1t to the Num-
ber of Advance Orders-Eail-
ures For the Week.

NEW YORK, Jan 27.-R. G. Dun 81
%. S weekly review OF trade issued to-
day said in part:
No news is not always good news.
New business for manufacturers this
year has been light ill some branches
and much below the production last
month. 1t is, perhaps, too often for
gotten that industries start this year
with larger contracts ahead than ever
before, and when half of the work OF
the whole year has been ordered in adj
vance there can not continue quite the
same activity in new buying.
The woolen manufacturers have just
opened new season with the largest
transactions ever known in a single
week, it is said, but i'll most other lines
contracts previously booked would make
similar activity impossible. Yet there
is seen enough of hesitation caused by
advanced prices to make inactivity try
ing. Distribution to consumers through
out the country is rapid and large, espe.
cially in quarters where it has been
that there is strong confidence in the
future.
1t could not be expected that business
would adjust itself without any embar-
rassment to such rise Of prices as has
occurred. Early in December wool rose
too high for prices then obtainable for
woolen goods, and weeks of dullness
| followed.
The boot and shoe manufacturer is re-
ceiving small orders, as jobbers pay the
prices asked only fol- such limited sup.
plies as are needed for sorting, but their
urgency to receive goods heretofore or
| dered is marked.
Wheat has advanced to 755s cents
with no clear reason for such a sharp
advance. Western receipts are small,
in four weeks only l0,9S4, 1928 bushels,
against II, ,200,25 bushels last year, but
the Atlantic exports have been only
1871, ,474 bushels, flour included. against
17,037 1888 bushels last year. Pacific ex'
ports show little gain, amounting to
3,2ll, ,230 bushels for the same four
weeks, against 2,175, 24S bushels last
year, but this is of no ald to ATLANTIC
markets.
Iron and steel prices have been yield.
ing for several weeks and are a shade
lower for products than at any other
time since the middle of September
though Bessemer pig and billets are
still so scarce and firmly held that only
two sales, amounting to 5000 tons, are
anywhere reporteds Agreements to
hold the price of bars do not prevent
sales at Philadelphia for 2.07 . of iror
considered by buyers best refined, ac
cording to The Iron Age, though seller.
call it common, and plates and sheets
are both irregular there, with narrow
plates sold at Pittsburg below 2.25.
Structural shapes are not quoted
lower, but the New York Central con
tract for $4,000 tons bridge materia
went to the Pennsylvania. Pencoyd anC
Detreit works, and two orders for %, ,00C
tons rails are taken at Chicago. Las
year 1860, 703 tons of pig were pro
duced, according to the official record
the consumption being 13,774,7 727 tons
Exports of corn still show that Ameri
can food is still wanted abroad, having
been in four weeks ID, 3,4S2, 792 bushels
against l2.370,564 bushels last year
Nevertheless the cash price Of corn has
declined about three-quarters Of cent
although option prices are about the
same as at the close last week
Failures for the week have been 23l
in the United States, against 224 last
year, and 3S in Canada. against 33 last
| wear.