Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1901-01-03
The business Of 1000.

a Dnn 4 10 "a Rav;ew. in ia
summary, reviewing the business OF
the year Just closed, will sny regarding
the leading markets:
Conditions in iron and steel during
1900 were much more sound than 10 the
precsding year, when spsculation was
rife and prices inflated far beyond the
bounds Of reason. The statistics of the
weekly capaoity OF furnaces in blast
show that the highest point on record
was reached February 1st, while there |
was little diminut,on during the next |
few months. But. with the collapes of
speculation during the spring, and
realization of the fact that oprrstions
had been oysrdope there came steady
reduction in output.
Manufactured articles have moved
along similar lines. Quotations Of Iron
and steel products at the beginning OF
| the year were little below the level pre-
yailing thirteen years previous, and the
fall was almost interrupted until 90.
tober, whom the average was but 63. So
per cent OF the figure prevailing Janu.
airy lat, 1887.
II ia difficult to select any branch Of
this industry as being pushed harder
than another. Railway supplies Of all
kinds have sold very freely, and the
market is flooded with urgent orders
for freight cars, Structural material,
particularly for bridges and ships, has
been In much better demand than sun
ply. Steel rails were reduced from last
i years price of s35 to s26, Tut IL was an
open secret that the former figure had
only been nominal for months prior
to the official change in September,
, Contracts for 1. 200 900. 600 tons, deliv.
cradle during 1901, have been placed
|, at s26, and numerous export orders also
suggest the probability that the list
, will be maintained.
Tin bounded IN from S5lI cents az
> the openipr to IS cents In July. and
, then gradually lost all the gain. But
during the Inst week there was recoy.
a efv to s7t3.
0 m. ,oar ION a,aa n;,b ,..h,,
= ,ondit,ons nra,a;i;na i, naarI. anars
Q h,anch ~ tha Az eonas 49, ~.
|, hnma aon.nd ,,nt,sna5 go e., AZ,
4 erst +hraa r,,,,ha "a Az, al, -
! su,;i ~, r,,as .ha 49,. "a -
into pronounced dulness. and from ,
Il steady upward course in prices bepar
> 10 gradually decline npain. The arres
o ne buy,po was retnarkabIe In wonlsr
ID goods stocks began 10 aceumulnt,
Q aeuin. and their oours, mn tn the clos,
ie 81 the wear has shown pronounced
It wsnlxness in botb mans venr fabric
It and dress goods. with the reault thu
Is the gain in prices made last wear an,
II in the early Fart of this has besn los
1t in'many directions, and where retaine,
ie at all. is of limited extent.
g The nrosperous condition of tha mt
d ton goods trade last year and the earI
2. part 81 this has had 4 marked eIree
ut mon the ootton ipdustry in tba aoutb
OF reyiving tha hmm in mill bpildin
ut which nr.yious denresaion had cheolad
or A number of new mills have bee
On added. and many mora ave N course :
s, creation. II IL nrohable that vben m
Mt year,s statistics are oompiled- tbev wi
OF abow the addition If nearlv /. ON. m
Id snipdles to the productive cnpacity !
q the south.
n. at..u .a,; . 10 n,
n ~ ana..~ - ,ne -. ~ 80, =
d. 49,, ~ GO = D.. ~
Ii "a m ~ naaas,s.a 1000 =. ~
be -, a.. ~ - 1000 800 -! ="
$500 49, ~SNN Ne-SfAN% 'sNeS.