The morning call., 1894-11-10
Better Things Expected.

Better IhiESs Expected.
NEW YORK, NOV. 9.-H. g. Dun Il Co 8 weekly
Review of Trade, which issues tomorrow. VIII
say: business has been waiting the greater part
of the past week and the elections expected
to give II sharp stimulus Whether are
right wrong ia expecting better things the fact
that they expect hem does tend to make things
better. In the speculative market there mas been
scarcely any movement and nothing favorable to
holders. Wheat is &c higher, but with re- eipts of
5, 5f5, 032 bushels, against 6,593,477 bushels
the same week last year there Is lIts!e encourage
ment because stocks in sight are far beyond all
previous records.
Atlantic e. ports have been only 5525l7 bushels
against S47.5t6 bushels last year and the price
has advanced about 1ac. but there is arceIy any
viii be maintained. Corn has fallen about = cents
notgit standing that Western receipts were only
about 1,Ol7,593 bushels against 2494 ,647 bushels
last year aud Atlantic exports only 1882 bush Is.
against &C.,, 1874 last year, for statistics have little
effect when the supply Is Believed TO be SO far
short
Cotton has declined rs to 55sc, which is again
the lowest price ever recorded.
The output OF pig Oh was larger by 1871 tons
November /. when IL was 1856 tons weekly.
than il was October and larger than q year ago,
but It is still about Is per cent below the output
last May before the great depression began. Ii is
noted that nearly all the furnaces In the region
depending on ConBellsville coke and lake ore are
not in operation. with an output of $4,000 tons
weekly out of a maximum in that region OF 90 900
tons but Bessemer iron is rather WEAKER In Pitts.
burg. and prices for finished products Of iron and
steel have not Improved.
Some of the wire-r cd mills have closed for lack
of orders. aud few of the large steel-making
concerns have reduced hours of At the
same time there 10 q decided impr oven emit in the
tone of the market and a general confidence that
business will now improve
Scarcely anything doing IN wooden goods for
spring delivery and the demand for fall and
winter goods has nearly disappeared. In general
if is believed the spring orders thus far are not
more than half the usaul quantity.
The sales OF wool at the three chief markets OF
the East have been only 3.S76. 800 pounds against
1864 TOO last year and 4. 900 In 1892 for the
corresponding week. There is speculative
Duying aud manufacturers are purchasing only for
their mmediete needs, so that the prices. though
averaging about a quarter Of cent lower than
month ago. show no ndeucy yet TO improve
The failures during the past week have been
261 in the United states against $50 last year ana
AZ in Canada against 81 last year. there have
been a few failures of consequence during the
week, but none of extensive influence.
Elections Restricted Trade
NEW YORK. Nov. 9.-Bradstreers tomorrow
will say Interests in the elections this week at
uraliy tended to restrict the volume OF trade
particularly in the south, where IL nterfered
with mercantile collections But within few
days the influence of more seasonable weather
west and northwest, together with the emphasis
with which political questions have apparently
been settled, have increased the confidence OF
many merchants and manufacturers in a prospect
for an increased rate or Improvement In general
trade in the near future.
Chicago and st Louis manufacturers and business
men already report instances of a tendency on the
llveres, and from such iron centers as Pha-
delphia Pittsburg and Chicago relatively greater
steadiness is reported In quotations for staple
brands of iron and steel than for this past.
There Is an eased shipment o. anthracite
both by lake and by rail within the week and a
stimulated demand for shoes, bats and clothing.
Foreign competition with domestic plain wooden
dress goods is not ceable and American fleece
woods felt the effects OF competition with tustra-
an and quotations continue easier. Print cloth
stocks are reduced In volume and prices are
steady. Domestic wooden mills arc fairly well
Returns of gross earnings of l07 railroads for
October show m average decrease OF 81 per cent