Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1901-09-30
r. g. Dun & Co.'s Review.

r. 9. Dun d Co.'s Review
NEW YORK. Sept. 2s.-R. @. Dun a Co.'S
Weekly Review of Trade says today:
Normal conditions have been fully restored
in the distribution of merchandise, the plac-
lines that appeared to halt. one OF the most
gratifying features OF the business situation
is the pronounced preference for the better
grades OF goods. clearly indicating the inn
proved financial condition OF consumers. Re
sumption OF work has progressed rapidly in
the steel industry since the settlement OF the
labor controversy and there is little discord
between employer and employed In other lnes.
Stability Of prices. without imitation, is the
introduces a special factor.
Steel production is now progressing at near
~ the average rate. There are interruptions
and delays through inability 10 secure spe-
cial lines of material. and higher prices are
and some other shapes. In pig iron there was
the greatest activity since the strike began.
5000 tons Bessemer at Valley furnaces were
reported, equal to SIG delivered at Pittsburg.
Other large orders were under negotiation, ana
producers look for rising market. Higher
prices for billets were partially nominal, ow-
ing to the improbability of securing deliveries,
A record breaking output of steel rails is
practically assured for 1901, and the new year
viii open with an unparalleled volume Of busi-
The market for footwear is still on a strong
basis. In a few prices are higher, while
In other grades small lots are sold at better
figures. but not sufficient business is recorded
Leather and hides still reflect the heavy
demand for finished products, and exports of
leather are also a sustaining feature.
Textiles lines we'll engaged a rule,
much better news being received from cotton
spinners at the north. and southern mills are
busy. though there Is less night work
Investigation of the cotton situation through
out the entire belt reveals an extremely UNI
the crop Is beyond danger. far frost is
concerned, while some plantations this is
the only factor that can prevent an increase
over the previous yield. There Is doubt
regarding the extensive losses sustained in
Texas, but the tenor Of reports from Atlantic
states promises TO more than make up the
deficiency IL weather conditions are favorable
during the next few weeks. Heavy rains
have recently done a serious damage, tend
ing to reduce expectations Of IL, 900, 900 bales
that had prevailed for a time. There does not
appear TO be any concerted enort to hold BACK
the crop, and light port receipts must be at
tributed 10 the lateness OF the staple
Steadiness in quotations OF corn at the pres
ent high level is all that producers could de-
yield and the increase exports, which has
thus far been much greater proportionately,
there does not appear to be satisfactory reason
for the rise of l5c over last years figures
Shipments from the Atlantic coast for the
week were 72S, 020 bushels against 1850, 01S
last year and 1884. Az bushels two years ago.
A heavier movement is expected, owing to low
er buying for foreign account, secured through
low rates for transportation.
Wheat is well sustained, and stin better
prices are promised by the heavy export move
ment which, from all United States ports for
cluded. against 1851 4S2 last year and 1905 1862
bushels in 1899. Western receipts OF ,292 456
bushels exceed even the liberal shipments of
1900 OF 6.954.7U bushels.
Failures for the week numbered 227 in the
United States, against 204 last year and 81 In
Canada, against Is last year