Marietta daily leader. (Marietta, Ohio) 1895-1906, 1900-09-15
MORE ACTIVE
Was the Market, But Prices Were Much
Lower.

New York, Sept 1.-THE stock
market had a much more decided tone.
In the late dealings the professional
traders fell upon the marketNand Of
fered prices down all around. They
met with considerable success in
bringing out offerings at a decline,
when they covered on moderate scale
of rallies but it was so feeble that they
renewed the attack, making the close
of the market quite active and easy.
Bonds did not sLare in the late activ-
ity of stocks and continued practically
dormant.
Money was quoted at IL per cent.
The total shares traded in numbered
174,753.
BRADSTREETS REPORT.
New York, Sept. 14.-The expanding
demand at advancing prices in many
lines of trade finds its chief exemplar
in raw cotton, which has witnessed
the greatest excitement, heaviest trad
ing and largest gain in price for at
least decade. Barely, if ever, in the
history of the trade as conducted on
modern lines has the interest display
ed in that product been greater, while
the prospects for large profits to pro
ducers are stimulating all. Maximum
crop estimaters of past years are APP
parently panic stricken and predict
a famine. The anthracite coal min
ers strike is almost the only unfavor-
able feature of the industrial situation.
Some additional weakness is told at
leading pig iron markets; on the
other hand the finished material is
rather more firmly held. AT Chicago,
5000 tons of plates have been placed
at former rates Bars are active and
higher. The wire produces are report
ed will cleaned up and stocks are
light. More is doing in bars at other
western points. Hardware is in good
demand. Y
Wheat shipments for the weeks ag-
gregate 4,665,9S2 bushels, against g.
373, 100 bushels last week. The corn
exports for the wheat aggregated g.
402,7S6 bushels, against 3,162,271
bushels last week..
DUNN'S REPORT.
New York, Sept. 14,-The tropical
storm that devastated the Gulf coast
caused reduction in the volume Of
business in the south railroads of the
Gulf region, which have probably not
shown their maximum losses and earn
ings yet; but even after such catas-
trophe, recuperative power Is shown.
Otherwise the working force was in
creased this week in the operations.
Resuming of steel mills and Michigan
Pennsular Car Plant and Deering
Harvester Works started up after sew
en- weeks idleness, with 5000 hands
each. Weather Is favorable for ma
turing of corn crop; the crop is gen.
orally beyond danger but the damage
to cotton by the storm is still un-
known. Prices of staple commodities
are higher for the week, because of the
sharp rise in cotton, but in manufa-
tured products there is little change.
though steady increase in busi-
ness on current level is satisfactory.
Cotton closed last week at the highest
price in ten years and the large short
interest awaited reaction. Instead
came the news of the disaster in Texas
and reports of million bales destroy
ed. At the New York Exchange trading
was far in excess Of all previous rec
ords. Prices rose by bounds. Subse-
quently there were less exaggerated
reports, but the market failed to re-
spond; the middling uplands advanced
to II cents. The price in raw material
caused sharp advances in cotton goods.
In one week standard Brown sheetings
rose from 5.67 to 6 cents; wide bleach
ed sheetings from 20 to 81 cents;
standard brown drills from 5.67 to 5.S7
cents; and staple ginghams from to
$50 cents. Boots and shoes begin to
recover after many weeks of idle
wheels throghout New England. Or
ders are coming in freely and a return
to normal conditions is in prospect