Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-09-28
DUN's REVIEW OF TRADE.

NEW YORK, September Err, G.
Dun & Co.'S Weekly Review of Trade
tomorrow will say:
Normal conditions have been fully
restored in the distribution OF NOR
chandise, the placing of delayed orders
stimulating the few lines that appear
ed to halt. One of the most gratifying
features of the business situation Is
the pronounced preference for the bet
ter grades of goods clearly Indicating
the improved financial condition of
consumers. Resumption Of work has
progressed rapidly in the steel industry
since the settlement of the labor CON
troversy. and there is little discord be-
tween employer and employed in other
lines. Stability Of prices, without in
fiation, is the rule except where the UNI
usual size of crops introduces spec
ial factor.
Steel production Is now progressing
at nearly the average rate. There are
interruptions and delays through In
ability to secure special lines OF mater
ial, and higher prices are quoted for
both steel and iron bars, steel billets
and some other shapes. In pig iron
there was the greatest activity since
the strike began, most brands reaching
higher prices. Sales of 35 900 tons
Bessemer at Valley furnaces were re-
ported, equal to SIG delivered at Pits
burg. Other large orders were under
negotiations, and producers look for
rising market. Higher prices for BILL
lets were partially nominal. owing to
the impossibility of securing deliveries,
but a free movement is anticipated
shortly. A record breaking output of
steel rails is practically assured for
1901. and the new year will open with
an unparalleled volume of business on
the books. Plates and structural ma
terial are very strong
The market for footwear is still on
strong basis, in few cases prices are
higher, while in other grades small los
are sold at better figures but not sufii-
cient business is recorded to warrant
change in list prices.
Leather and hides still reflect the
heavy demand for heavy finished pro-
ducts and exports of leather are also
sustaining feature. Textile lines were
well engaged as a rule, much better
news being received from cotton spit-
ners at the north and southern mills
are busy though there is less night
work Wool is quiet but firm.
Investigation of the cotton situation
the entire belt reveals an
extremely uncertain state of affairs.
At many points the crop is beyond
danger so far as frost is concerned,
while on some plantations this Is the
only factor that can prevent an in
crease over the previous yield. There
is no doubt regarding the extensive
losses sustained in Texas. but the
tenor of reports from Atlantic States
promises to more than make Up the
deficiency II weather conditions are
favorable during the next few weeks
Heavy rains have recently done seri-
Gus damage, tending to reduce expecta-
lions OF eleven million bales that had
been prevailed for time. There does
not appear to be any concerted effort
to hold back the crop, and light port
receipts must be attributed TO the late
ness of the staple.
Steadiness in quotations Of corn at
the present high level is all that pro-
ducers could desire. Making full al
lowance for the smaller yield, and the
decrease in exports which has thus tar
been much greater psoportionately
there does not appear to be satisfac-
tory reason for the rise Of Is cents over
last years figures and rs cents over
the price at this date in 1899. Ship
ments from the Atlantic coast for the
week were 72S.020 bushels, against l..
$50 018 last year and 2.95f,T77 two years
ago. A heavier movement il expected
owing to larger buying for foreign ac-
count, secured through low rates for
transportation. Wheat is well sus
tanned and still better prices are prom
Used by the heavy export movement
which, from all United States ports for
the week. reached 526S 41S bushels.
flour included. against 1851, 4S2 last
year and 4.605,362 in 1899. Western