Show WHAT DUN SAYS Reaction He Says Has Come in Every i Ev-ery Great Industry New York Aug 17Il G Dun Cos Weekly Review of Trade tomorrow tomor-row will say After a great wave of advancing prices optimism as to business busi-ness is generally dangerous But the top was reached the middle of March since which time reaction has come In J every great Industry so that consumers arc asking whether In some directions the decline may have not been reasonably reason-ably large as was the advance and whether buying on the present basis of prices is not fairly sure There are fresh evidences of weakness in raw materials ma-terials notably the break In structural Iron but each one Is availed of to place heavy contracts New York Is welcoming buyers from all over the country In larger numbers I than for many years at this season In dry goods In groceries In jewelry and In hardware and If contracts are not placed to as large u volume as expected it Is because of the conservatism of those who think they may compel some further shading of prIces Reports this week from other Important points of distribution show the same eagerness to buy when the time seems right It Is becoming more apparent that the bottom has been reached In prices of iron and steel The decline was severe se-vere and recovery must bo slow but gradual advances and moderately increasing in-creasing activity are more healthy than violent changes In no single division Is the Improvement more striking than In any other Except steel rails all forms of Iron from the ore to the finished fin-ished product arc being sought more eagerly and with less effort to secure further concessions In prices The first efloct of the olllclal report ot wheat conditions indicating a total crop of only 513997000 bushels as to strengthen prices but when the Secretary Secre-tary of Agriculture was reported as predicting dollar wheat before the end of the year the market showed an Inclination In-clination to disagree and the September Septem-ber option fell below SO cents at New York for the first time in two months Failures for the week weru 1G1 In the United States against 15C last year and 21 In Canada against 24 last year |