The Washington times., 1901-10-26
DUN's REVIEW OF TRADE.
No Occasion for Anxiety RegnrdinR
the IndsstrIaI Situation.

NEW YORK, Oct 25.-Dun's review to-
morrow will say:
with mills, shops, factories and fur
naces assured of full operation until the
end of the year. as rule. and many con-
tracts already running far into 1902 there
is no occasion for anxiety regarding the
industrial situation. Jobbers are still ur-
gently asking prompt deliveries by manu-
facturers of staple lines, while opening
transactions in fancy goods for the holi-
days are unusually early, showing that
dealers anticipate a large trade. Retail
distribution of heavy wearing apparel
and other seasonable goods is checked by
the hardness of low temperatures. which
is extremely fortunate in many cases
where makers have been unable to fill
orders according to specifications. Prices
of commodities rule firm and collections
are satisfactory, even Southern payments
coming forward promptly, now that the
tardy cotton crop has begun to move
freely.
Although stock market operations were
much smaller than in the same week of
the two preceding years, bank exchanges
at this city were 1S.l per cent larger than
in 1900 and 11.6 per cent above 1899. while
at other leading cities the aims are 1S.9
and 10.6 per cent, respectively Despite
the fact that in October, 1860. the move
ment of corn was exceptionally heavy
and earnings of roads in that region
surpassed all records, total railway earn
ings for the month thus far exceed last
years by Sc per cent and 1899 by 16-2 per
cent Ali groups made gains. though much
the heaviest increase was reported by
Pacific roads
Each week the situation as to iron and
steel becomes more encouraging, orders
now running to the middle OF 1907 IN many
finished products. Despite the extensive
addition to productive capacity last year
there Is still much work, in progress or
preparation. promising many new plants
ready to start next year. The feature OF
the week was the placing OF enormous or
ders for steel rails practically assuring
another record-breahng output Other
railroad supplies are also in great ue-
mand, the most serious embarrassment
being felt at many points on account Oh
the car shortage.
Eastern makers of boots and shoes are
still engaged on late orders for winter
the West for spring lines. A much larger
capacity will be in operation next year
Prices are unchanged, but the rise In
leather makes it difficult TO defer ad-
vances. while distant contracts are not
sought at current figures. In wooden
goods conditions are quiet on account OF
the warm weather, but mills are fully
occupied and producers OF knit goods
have orders for some time.
More satisfactory prices are received
BY domestic wheat growers. last years
figures being surpassed, notwithstanding
the largely increased yield just harvested
Smaller crops of other cereals and hay
caused the use of much wheat In fatten-
ing livestock, and with lard more than
cents above last years prices and mess
pork 50 a barrel higher. this has been
most profitable proceeding. Foreign buy
ing is also heavy. Cotton lost part OF the
recent advance, owing to heavy port re-
ceipts. and the failure of frost TO appear
as early as expected.
Failures for the week numbered in the
United States 240, against 205 last year,
and % In Canada. against rs last year.