The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1892-10-08
WEEKLY TRADE REPORT.
The First Week in October
Shows Activity.

NEW YORK, Oct. 7.-ISpecialI-R C.
Dun e Co.'s weekly report Of trade
says: The first week Of o. tober shows
moro activity in spite of the near APP
proach of the presidential election
Business is distinctly better at the
South on account Of tho Improvement in
the price Of cotton, more active at the
West, with improved crop prospects, and
only slightly retarded at the East. The
| expected reaction from the extreme low
price Of cotton helps business 1T the
South, and although wheat is low in
price it is little higher than it was q
week ago
In general speculation has disturbed
legitimate trade much less during the
past quarter than is usual at this
season, although transactions in cotton
have been exceedingly heavy. Business
is brighter at Baltimore and the pack
ing trade opens with great promise,
while building transactions arc heavy.
At Pittsburg manufactured iron is
quite active and in large demand at
we'll supported prices, while business
in glass is fair, but the strike of tho
local miners embarrassed Monongaheia
trade. Nearly all Southern cities report
better trade. though at Little Rock crop
prospects are not considered encourag.
ing.
Business at Louisville is improving
with large sales Of tobacco. At Nash
vile trade is fair and at Memphis im-
proving and q decd ed improvement is
noted at New Orleans with better prices
for cotton and very good collections.
The iron industry is doing we'll. Not
withstanding the resumption of work by
many establishments which were idlo
long time on account OF strikes, the
consumpti III os pig iron apparently ex-
Goods the prod ton and the demand
gives decidedly sitter tone to the
market. Bar iron Il still disappointing,
and rails very dull. but the demand for
structural iron keeps the works busy
and plates are surprisingly active.
While the output OF pig iron is not as
large as it was Il few months ago. the
consumption is probably larger, and
trade in more healthy condition. Per
haps textile industries were never more
prosperous than they are now, for while
prices are remarkably low the demand
tor tho goods is large and urgent and
works are crowded with orders. There
are signs of improve ent in prices
OF cotton goods and sales continue
heavy. It is not a satisfactory symp-
tom that spo uiation in cotton is onor-
nous, salcs at this city amounting to
1880 COG bales last week, with an ad
vance of half cent in price. Net OK
ports of cotton are not large, and of
all domestic products tho value exported
tast week was only S5,4s3,5i2 against
50, 7GS, $50 for the same week last year
Considering the great increase in i'm.
ports OF merchandise, the state OF for
eign trade is hardly encouraging. While
imports are in part of materials for man.
ufacture, there is also quite note
worthy increase in tho imp ports of duti.
able articles. Tne treasury con tinues
to accumulate gold, having added to its
stock Sl,5OO,oo, during tho past week,
and S700,0O of silver, but Il has put into
circulation about 81, 900, 00O moro papers
OF various kinds. Although circulation
OF money decreased in September there
Is no indication as yet that money mar.
kets in any part of the country are in
sufficiently applied. business failures
occurring throughout the country during
the last weak: Number for United
States, 1911; for tho corresponding week
last year, 40.