Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1895-09-13
THE WEEKS TRADE
Dun Says There is a Decided
Increase.
BOOM PRICES REACTING.
- GENERAL Tendency to Curtail Pur-
cnases Where Prices Have
Greatly Advanced Is Mo-
ticed In Many Lines.

Il" u. Dun d Co. weekly review OF trade
tnere Is no real reaction In business. Gains
"nicn were recognized as temporary ale
vanishing, but there remains a decided in
'r ase over last year at this date, although
prices average 88 per cent. lower than q
year ago. 1t needs no keen observer to see
'oat Inc reac ion against the rapid advance
VI prices Is strong. Hides were the first to
Il 9, out decided break has come. Coke
was suddenly raised to s14O, but was re-
Gently sold at 10. Wheat jumped over
~ cents to 81, but IL now slow Ct sale at
ABOUT %. Wool was late In rising, Tut has
lo't about an eight OF cent in average price
WITHIN the past fortnight. Iron still rises,
the miners strike having hindered shi :
ments OF ore, but with troops guarding the
ore Deg ms to move. Cotton is strong, but
mas paused. The general tendency to cur
ia purchases where prices have notably ad-
vanced grows clearer in boots and shoes, In
wool and In some products OF iron.
Con umption already hesitates and rail-
roads have not much expanded their de-
mand for rails. Copper is also shade
weaker with large supplies; tin with 26, go
ions visible stock, domestic and foreign, and
lead with sales Ct 1909 domes ic. In the
boot and shoe industry many shops are dis
charging hands, and In wooden manufacture
few works a Q closing for want OF oriers
Sales OF wool, which averaged over 49,
OOO, 600 pounds per week when great specu-
lative stocks were being taken, have shrunk
to 6,9SJ,5OO fer the week, against 2, 557, $50
for III same week in 1892.
The brightest feature In all the horiz Is
the certainty that the crop OF corn will be
enormous. Frosts now can oaly effect small
fraction, and the surplus will go into the
manufacture Of meats, because at 35 7 cents
at New York, nearly cents lower than q
week ago, there Is no other profitable use for
corn. The la'est reports OF wheat thr shing
induced the best Western judges to raise til elr
estimate OF yield over 40 900, coo bushels, and
with 5000, COO bushels added to 70, 900, 900
bushels brought over, the supply will exceed
all probable demands. Atlantic exports have
been only 1.S47, $50 bushels, flour include J,
against 2, $780, $50 last year. Pacific ship
ments continuing large.
Spot cotton, the one farm product which
has been strong cause certainly short in
yield, rose from s. l9 cents last week to g. %
on Tuesday, but has since been weak In spite
OF concerted official statements that the de-
crease Is 20 per cent. In some states and 81
per cent. In Texas The public observes
much organized and skilled labor in these re-
ports, and also gees, what many spectators
refuse to see, the ,OCo 900 bales old American
brought over. 1t is earnestly hopeI that
Southern agriculture has not sustained so
great calamity. The annual reports. show
log larger yield last year than Las been
supp osed, only indicate that more cotton
must remain IN the country best 10 the ur-
consumed stocks abroad. A quiet market
without much change In prices for time
would be blessing to the South.
Failures for the week have been 1856 In the
United States, against 219 last year, and in
Cinada, So, against AZ last year.