Show AS DUN VIEWS IT GoldBegins to Go Abroad and Prices on Iron Products Break New York April 27fl G Dun Cos Weekly Review of Trade tomorrow tomor-row will say Gold begins to go abroad and prices of Iron products break sharply In the samo week Four months of the new year have passed and business does not so expand as to need the large Increase of circulation which the new monetary bill had permitted per-mitted nor enough lo suslaln all the extraordinary advance In prices last year The abundance of gold and of currency and the large dlsbursoinonls by the treasury in exchange of bonds have rendered rates for money unusually un-usually low for the t season here while I rare industrial and speeulallve activity In Europe with the war In South Africa Af-rica have tended to make money dearer abroad So new gold from I Alaska answers an-swers the loss of supply from the Transvaal and America building up In credits abroad a breastwork against prosirallon In future here as In the past caused bj the troubles in Europe Eu-rope The reaction In prices came where It was expected least In Ihe Industry more fully organized than any other to t chock competition I and In the branch which through contract covering rod making mu ind other machinery and through patenls seemed mori fully controlled than any other Reduction ol 20 per ion In I wire nails I barbed wire and galvanized fence and 1S In smooth wire showed that no control can afford to hold nrlcea so hi eh as to check consumption In a week the prices of Iron I products have declined I fiSii per i cent and since February 7lh 303 per cent As the wire and nail prices have been relatively the highest others In the Iron and steel Industry can be expected ex-pected to fall In like measure JBut pig Iron Is weaker No T 1 local coke at I Chicago Is 23GO and Southern pig Is also lower PIn tes and bars can be obtained for about 18 cents In good contracts both at the East and at Plttsburg The proposed advance In H sheets to 3G centS 1118 not been at j tempted and nail mills which have gained much by selling al 7o per keg below wire nails will now lower prices also The stoppage of a dozen wire and nail mills besldcB rod mills at Toilet and another of the National Steel company com-pany Indicate some change In the actual ac-tual demand In the minor metals the only change han been In tin which declined rather sharply to 2y7fi In sympathy with lower London quotations The tendency toward lower prices Is strengthened by tha idea lint t overproduction niiiy appear ap-pear t in other bra tiilie Wool haw not changed In I uutc i Ions Ojough some sales of fair amounts are I reported nt such prices at 81 ccnls for I Ohio XX and 05 cntR toy clothing f > i 1 Territory cleaned but manufacturers arc not disposed lo do anything and the West asks prices which dealers The demand have no reason for paying mand for woolen goods Is small and dlappoliillng and except In staples which arc steady because well sold up prices are not encouraging Shipments of boots and shoes from i the Eat In four weeks have been 30j 323 cases against 239 IOJ > cases lost year 301001 eases In ISJS and less In any other year New business bears m 710 proportion to the present output and the number of works which arc closed or running part time Is Inci easing eas-ing Manufacturers realize that this Is a result of prices asked and of slow retail re-tail distribution anl long stocks remaining remain-ing I on hand but t claim thai I lower prices cannot be made without loss I Business In sole leather is reported air and prices do nol yield but upper lealhi Is dull The produce market Is Inactive though wheat yielded a fraction Exports Ex-ports conllnuod larger than a year ago Atlantic exports of wheat in four weeks lour Included having been S 017ISi bushels last year and Pacltlc exports I ex-ports 272i00 1 bushels against 1373S2 I bushels last year Failures for the week have been 201 In the fulled 1 States against 181 last year and 22 In Canada against 21 last I year |