The age-herald., 1900-09-29
WEEKLY REVIEW OF TRADE CONDITIONS Effect of Anthracite Coal Strike
 Has Been Felt. STRONG REVIVAL IS NOTED Believed That Bottom Prices Have Been Reached Activity in Iron
 and Steel Industry Move
 ment of Wheat Heavy
STRONG REVIVAL IS NOTED

New York, September 8.-R. G. Dun & Co.'S weekly review of trade tomorrow will say:
 Not Wall street alone, but the entire business world as well watched the prog ress of efforts to bring about settlement of the anthracite coal strike with active interest. This week, the paralysis of the anthracite industry was more complete than last, and the effort was seen upon the dis tribution of merchandise in the east and the placing of new orders with manufac- turers. Coal advanced 25 per cent above last week. and the larger companies re- fuse to name selling price.
 The strike involves about 15,OOO more min- CTS, and hundreds of trainmen, but the working force has increased largely through the settlement between the Amal- gama tied Asso.eatioh and several steel com
 panes whose works, employing 60010 men,
 have been idle, while only 1900 men were
 affected by the shutdown of the Susque-
 hanna Iron and Steel Company. In the east
 the conditions seem generally to favor quick recovery with the coal strike over,
 while in the west there has been no note
 worthy reduction in the distribution of any
 class of goods. Weather conditions have
 been favorable for late crops, and farm work Is progressing rapidly except for some damage to grain in shock in the northwest. Aside from the expected reduction to S26 for steel rails and sale of BesSemer pig | at Pittsburg at $13.75, the whole list of iron | and steel products Is unchanged.
 "rhe feeling grows stronger that bottom has been reached Taking the eleven ar ticles quoted in our price tables it will be seen that after an advance of over 100 per cent in 1899 prices have declined only about
 55 per cent this year, and there is already
 tendency toward a higher level. One
 company is considering the purchase of 10,- 900 tons of foundry iron and export
 order for 6500 tons of rails has been placed.
 More coke ovens are in operation but the
 price is unchanged
 Wheat again rose to S3 cents, but failed
 to maintain the advance. Corn for prompt delivery was scarce and advanced 10 cents above the price at this date last year. or over 25 per cent. This naturally disposed
 of foreign buyers and exports for the week were only 1,560,01S bushels, while for four weeks S,476,546 bushels went out at Allan tic ports against 12,155,90i a year ago. Wheat shipments from the eastern coast were 21S3,13 bushels, flour included against ,136 last year. In the cereals as with cotton, outsiders do not purchase freely at the current level of prices. Another increase of 5970 cases on ship ments of boots and shoes from Boston makes the outlook more encouraging for that industry and manufacturers are re- Jolclng over widely distributed range of orders, which indicates that stocks of all grades have reached a low point Needs are imperative in many sections. Jobbers at th1s city are busy, and Western buyers ask prompt shipments After long period Of stagnation the present moderate volume
 of trade is most welcome Leather is shar-
 ing the improvement, but the situation as
 to hides is rather depressing because of
 heaVy current receipts of cattle and the
 probability of still larger arrivals Sales
 of wool fall to about one-quarter of last
 years and one hundred grades in the Phil
 adelphia market show decline of about half cent.
 Failures for the week are 2O4 in the United States against l57 last year. and IS
 in Canada against 21 last year.