The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-10-05
The WEEK. IN TRADE
ALL LINES OF BUSINESS REPORT A
CONTINUANCE OF THE ACT
I'VE DEMAND
RAILWAY EARNINGS HEAVY
Indicating Exceptional Demand ON
transportation FaciIities-Man-
ufacturers Unable to Keep
Up With Their Orders.

| NEW YORK. Oct. 4.-R. G. Dun &
| Co.'S weekly review of trade tomorrow
| will say:
Trade channels are remarkably free
| from obstruction, although the move.
| ment of goods at some points is check
| ed by insufficient transportation facili-
| ties. This is a tribute to the unusually
! heavy shipments which are SHOWN more
| definitely by railway earnings in Sep
| TENDER, 81 per cent larger than last
| year and 1871 per cent above those Of
1899.
| Manufacturing is of such vigor that
| few wheels are idle and further wage
| agreements have further reduced the
| number of strikers to minimum. Mild
weather, yacht races and other tenn
T porary influences curtailed the volume
! of retail sales in this vicinity, but job
| bling and wholesale concerns are prepar-
| ing for exceptional transactions. Foreign
| trade is also heavy.
| Nothing new has developed in regard
| to the iron and steel situation and with
| the mills crowded in their efforts to
| overtake consumptive demand lnere is
! little prospect of any material change
| in the market for some time.
Contracts for an enormous quantity
| of steel rails, deliverable next year ut
| current quotations, indicate Inc general
| confidence in the stability of prices and
| CURED to meet the growing needs of the
country. Finished steel and pig iron
| sales are of satisfactory volume.
| Steadiness is still the feature in tex
| tile markets. Sellers are not making
| any concessions in prices, and buyers
| do not force matters. There was a
! tendency to hold back the placing of
new business, particularly in the cotton
| goods division This was attributed to
expectation of changes in the price Of
raw material Recent advanced quota
tons were held and exporters for China
are unable to secure even the, small
reduction asked. New orders for wool
ems are slow, but buyers complain of
late delivery on old contracts. This
might result in cancellations if the de-
| mand was not uniformly brisk, and deal
ers unable to secure goods elsewhere.
Wool comes forward freely and sup
plies are ample. A slight advance to
171sc was reported in the average price
of 100 grades e on October 1, according
to Coates Bros circular. iupplemen-
tary orders for winter footwear made
the situation rather more satisfactory
than producers anticipated, while job
bers are unable to secure goods to ill
orders.
Hides were violently advanced to the
highest prices of the year
Staple products have declined moder-
alely as rule, with the exception OF
cotton and pork products The variation
was widest in corn as might be ex-
pected, since that cereal was inflated
much more than any other commos--ey.
Exports have increased, but are still
small; for the week only S43374 blu go
ing out from Atlantic ports, against
2,144,6l0 bu last year, and 2,992, 232s in
1899 Wheat was also easier, partially
because of the conflicting estimates of
foreign crops and needs, while exports
from the United States were smaller
than in the preceding week, especially
as to flour shipments. There is still
good showing in comparison with
earlier years, 4,523. 44O bu going out,
against 4,1S5,603 in 1900 and 1856, 645 two
years ago. The great size of the do
nestle wheat crop this year is indi-
Gated by interior receipts of 9,411, IT'S blu,
against 6,139,5S4 last year and 6,644,113 in
1899. Cotton was easier until the Of
fetal report appeared, when the new
condition caused a sharp advance
Failures this week number EOS in the
United States, against 20S last year, and
81 in Canada, against % last year.