Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-10-12
DUN'S REVIEW OF TRADE.

NEW YORK, October 11.-R G. Dun
& Co.'S Weekly Review OF Trade to-
morrow will say:
Failure OF a few over-eapitalized in
dustrlal corporations to pay interest on
their stock is no criterion of condi-
lions in manufacturing, although an in
fuence of some weight in the stock
market Reports from all sections of
the country agree that there has sell
dom. IL ever, been such vigorous prose-
cution of construction work Widely
divergent lines exhibit similar symp-
toms. Labor is well employed at good
wages and the buying power of the
peop.e is more than sufficient to meet
the advance in the cost of living of
AS per cent over prices prevailing a
year ago.
Wholesome activity is still the feat
ure at iron furnaces and steel mills.
| While Old orders are filed as rapidly
as possible, there is no immediate PROS
pect of catching up with contracts, es-
pecially as each day brings new bust
ness, with deliveries running far into
next year. Idle plants are resuming as
rapidly as arrangements can he made
and tin plate mills are adopting the
latest and best processes. Domestic
needs are so urgent in nearly all
| branches Of this industry that export
orders are receiving scanty attention.
but there is reason TO expect much ac-
tivity in foreign sales whenever the
home trade resumes a normal position
Pig iron production on October I ac-
/ cOrding 10 the iron Age, was al the rate
OF 307 1892 tons weekly. an increase of
3.l21 tons over the output on Septem-
Der !, and S4,Sl3 tons more than in Oc-
tober 1900 yet furnace stocks steadily
decrease, amounting To only 361 1913
| tons October |, against 670,531 a year
ago, and supplies in consumers hands
are believed to be light.
Footwear shops are still producing at
| full capacity, not ony in the old estab-
| lished New England factories. but in
this State and at the West and South.
Prices are unchanged as yet, though
manufacturers contemplate the advanc-
| ing leather market with some uneasi-
/ ness. Hides and leather are both at
! the top point OF the year, while the
| finished product sells below the prices
OF early spring Liberal buying of both
| sole and upper leather caused a general
| advance. and in many grades the availa-
bic supply is light.
Quiet conditions prevail in the dry
! goods market, not because of light de-
mand, but through the strong views of
! sellers, which prevent export sales as
well as domestic business. At Fall
River the print cloth situation is most
satisfactory, standard goods for deliv-
| cry up to February are held at three
| cents, and the labor situation Is much
clearer than it was week ago A
feature in wooden goods is the large
proportion of mill capacity at work on
high grades of wool shoddy and other
adulterants being used much less than
last year. Raw material is firm and
going into consumption steadily.
Slightly better relative prices have
been established by the leading GER
eals, wheat making a fair gain, while
corn lost a little OF its exceptional
strength. There is no evidence OF
holding back for higher prices in west
ern receipts for two weeks of IL. 1888 426
bushels, against 12,718,3S3 last year
when more attractive quotations pre-
vailed. Exports from the United States
are not equal to recent record breaking
figures, but still compare fairly we'll
with earlier years; for the week, -four
included, shipments reached 4199 .32s
bushels. against 3.5sS,4 year age
and 4,239,829 in 1899. Movement Of