The San Francisco call., 1901-10-19
Dm's Revie1U of Trade.

NEW YORK, Oct. 1S.-R. G. Dun & Co.'S
Weekly Review of Trade tomorrow will say:
IInfavorable signs in the business
outlook. Manufacturing industries enjoy
ceDtional activity and most jobbers and re-
tailers find no occasion for complaint Mild
weather is the one influence that may be
charged with retardins retail merchandise dis
trbution yet it is the general opinion that
sales thus postponed will be made up later.
The same influence is invaluable in facili-
anu % lii +o be beaad fnn nni,1Iior d ~
the usual interruption of elections and possi-
bic disturbance of legislation there is good
evidenc. that the volume of legitimate business
fation is comparatiSeiy quiet, both in securi
ties and options, on leading products, which
emphasizes the activity in trade channels, as
shown by bank exchanges for the week at New
York 80 per cent larger than last year and S4
gains were 16.S and 81 per cent respectively.
Strength without imitation still characterizes
months of interruption by the strike, evidence
accumulates that the year will surpass all
consequently in consumption of ore and
pigircn. Orders already booked for de-
livery ia far into, into 1897 1872 promise that next
the steadiness of prices makes the outlook
practically closed contracts for all the orders
that can be filled this year ard future devel-
opments only affect conditions in 1902 as
for rails. with free movement of structural
/ material, while wire and wire nails go abroad
in large quantities. Pigiron is hardening un-
under the various demand, forge and Southern
foundry securing definite advances. and Bes-
semer in Pttsburg is firm at SIG.
Tin plates almost restored to normal
prices Since domestic mills have resumed and
! Imports ceased the London market has de-
clined sharply. Copper rose in the face of re-
PORTS that a large reduction in list prices was
contemplated by leading producers to reduce
stocks. Footwear factories still have many
weeks full employment on heavy weight goods
for winter. Supplementary orders for season.
able lines still arrive from Eastern jobbers
Prices are not quotably higher, though the
much of the profit that shoes must soon de-
terlorate in quality if better quotations are not
Forthcoming.
Leather has begun to exhibit symptoms of
speculation, but buying by the leading manu-
facturers for actual consumption also reaches
| Woolen goods are quiet, yet shipments
of over 100000 pounds of wool weekly from
Boston indicates no decrease in activity at the
mills.
Fluctuations in cereals. were small. with
| markets dull and featureless. Wheat lost a
| little Of the early" gain. although declining
| prices a year ago make the difference smaller
! than il has been at any time this crop year.
Foreign buying of flour is still unsatisfac-
| tory. but the outgo OF wheat is heavy For the
! amounted to 1891 053 bushels, compared with
3.64G 761 bushels last year and 4255. .76e bushels
/ Western receipts of 8 oes. .s14 bushels against
7.426. 651 bushels last week. and 1925 419 year
ago. indicate that the new crop is being mar
pectstion os better prices. despite the esti-
mate for foreIrn arthorities that the world E
] yiaId viii evceed 2.7G0 NO0 0o0 bushels
! Failures for the week numbered go In the