The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-11-09
TRADE FOR THE WEEK
Election Has Had Its Effect Upon
Business Transactions.
EVERYTHING ISVERY QUIET
Copper Is a Shade Weaker, Wool
Is Not Creating a Stampede and
Wheat Is Handled In Train
Loads-Iron IL Strong.

New York, Nov. s.-Bradstreets to-
morrow will say: The interruption to
general trade throughout the country
incident to the election has been en-
phasized by unusually mild weather.
which checks demand for clothing.
heavyweight textiles and other season
able goods. Jobbers at most OF the
largest distribution centers report that
orders now received are largely of a
filling-in character. Except for iron.
steel and cotton, the larger portion OF
advances in prices of commodities re-
ported since March last has disap-
peared. Early anticipations of contin-
uous advances in prices and demand
this year, the outgrowth of the actiy-
ity Of two and three months ago have
met with disappointment. But there Is
little room for the reaction in senti-
ment by many who discuss business
conditions. Every wave of increased
demand since the tide began to rise in
March has resulted in net gain. The
sentiment of traders generally is that
the outlook promises an active spring
trade and that the holiday season Will
prove satisfactory.
The feature of the business week
among larger eastern cities is an inn
proved demand for textiles with in
creased strength in iron at Pittsburg
for the recent reaction.
Dun's Report.
New York, Nov. s.-R. G. Dun q
Co.'S Weekly Review of Trade which
issues tomorrow, will say: 1t has
been a broken week and just before
and after election in the most import
ant states operations rarely have much
significance. Business may be largely
affected in time, but as yet there is
scarcely any indications what the ef-
feet will be. The controlling power at
present is the effort to readjust prices
after the remarkable rise of last sum-
mer in important materials and pro-
ducts with the struggle of great COM
blnations to prevent decline. The pur-
chase of competing plants give the III.
G. Frick company ownership OF 1l,6S6
out of IL, 934 coke ovens in the Connells-
willie region, and practically control of
more than three-quarters, and an ad-
vance in the price of coke to 81 Is ex-
| pected, as the Carnegie company has
been buying UP supplies at low prices
for months in advance, yet the price OF
| Bessemer pig is lower-$14.75 at Pitts
| burg, and billets are lower because
| there is scarcely any demand for rails
at the combination price; structural
| are now lew anu the
| for wire and wire nails has been cur
tailed by the nail trust advance Of
| price, $1.76 in four months. Large
western and eastern orders for cars
! help the demand for bar, but finished
products are quite generally sold be-
| low quotations, which are now lower
| than they were two months ago.
| Copper is a shade weaker at $11.7 rs
! for lake, with slow buying; tin, frac-
! ton lower at $1455 with the visible sup
ply 27,673 tons, against 22,737 a year
! ago. And lead is a trifie lower at 1888.
| Anthracite combination seems ready to
make higher prices. Many wooden
mills are closing to wait for orders,
though the demand is fairly satisfac-
| tory for some dress goods and worst
eds and the Washington mills open
clay worsteds at 10 cents advance. But
prices of these and most qualities Of
woods are still uncertain. for manufac-
| turers do not know yet what they have
| to meet. The reaction from specula-
tive prices OF wool abroad, and the
| stiffness of speculative and country
| holders here, reduce sales, but stocks
| Of foreign woods here are very large.
Wheat falls back with great reluct-
| ance from it's summer rise of 20 cents,
| but has declined 1Ac for the week,
western receipts being 3.0l9,910 bushels
against 3.S45, 032 for the same week last
year. Corn comes forward largely. re-
| ceipts being more than double last
years and nearly a million bushels
went abroad. The rapid marketing OF
supplies of wheat from Russia and Ar
gentina and the larger exports of corn
from this country, both tend to lessen
| the future demand for American
wheat. Failures for the week were ESQ
| against POI last year.
THE MARKETS.