The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1895-11-07
DUN'S TRADE REVIEW.
Waiting and Uncertainty Ex-
pected For Some Weeks.
MORE ACTIVITY Is IRON PRoDucrs
American Tlnplate Makers Talking Of
Better Business by Selling at 10 Cents
Below Foreign Prices Wheat and Corr
Decline-Ths business Failures

NEW YORK, Nov Ar O Dun &
Co 3 Weekly Review Of Trade, issued
today. says The rapid recovery In
cotton and the rise in sterling exchange
70 the point at which the last exports
OF gold we're made, have not increased
confidence. There is a little better de.
mand for most manufactured products,
retail distribution is fairly encourag-
ing and the closing of many works Is
less significant at this season than 1t
might be at others. II is time Of
waiting, and uncertainty may natur.
ally continue for some weeks
Cotton speculation turns for the mo-
ment Oh the disposition of holders to
keep back their cotton, which may com
pei higher prices, some say, however
large the ultimate supply may be. Re.
ceipts ARE at present very small com.
pared with last years., and It is stated
that banks here have more money
loaned on cotton 10 enable holders to
keep II without marketing, than ever
before. Exports and takings Of spin.
ners are SIN u, and stocks abroad and
here so large that consumers NAV be
better able to wait than borrowers from
banks
Wheat has declined "a cents and
corn 90 cents, in spite OF many ad
verse reports about winter wheat. The
present large shipments from Other
countries, the small Atlantic exports
In FIVE weeks only 1900, ,59l bushels
-four included, against II ,724, 302 last
year, and the western receipts for FIVE
weeks, 81, ,705, ,A5S bushels, against 90,
600, ,973 last year, affect opinions more
directly than ideas about next years
yield. Very large estimates Of the corr
crop have depressed prices, although
exports have been in five weeks l2,2l2,
82l bushels, against 4, 1923, GAS last year
fact which has its weight in the
wheat market also. Pork and lard arr
not much changed. though hog re
oeipts and packing are heavy.
The heavy wheat and corn move
ment by railroads, the earnings thu
far reported for October, 5.3 per cen
larger than last year, the third weel
showing less gain than the others, arr
Ga per cent smaller than in 1892.
The larger demand for MANUFACTURED
products has held prices of cotton good
and even advanced some prints, in spit,
I OF last week s decllne IN cOIton III
bulls are said to be carrying only mod
crate stocks More activity is also seel
In iron and steel products, though Bes
semer and Grey Forge, billets ant
plates are little lower, and the aver
age OF quotations given today is 2. n
per cent lower than al the highest poin
Sept II and per cent lower than il
October three years ago, and there
also shading of quotations TO secur
good business. Contracts for lake or
hang fire because wheat pays $2.26 70
the room on which ore would pay 81 1
from the head Of the lakes. The mai
ombination reduced its November out
put to a third its usual quantity, an,
the rail output this year has only bee
about half the quantity required TO
rene W ais alone, which shows the enor
nous increase in use Of steel for build
ing and other purposes. Minor metal
are O shade weaker,- and American tin
plate makers are talking O good deal G
better business by selling at 10 cents be
low prices for foreign plate,
Business failures throughout til
United States number 299 this week
The total in Canada this week is AS.