Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1895-10-17
TRADE REVIEW.
Cotton Goods Go Up, Showing tho
Crop to Be Short.
FEW WORKS CLOSED By STRIKES.
The Money Market Not strainsd-Wooleu
Mills Short Of Ordsrs- Receipts Of
Wheat Large ailnres for
the Wsek.

NEW YORK, Oct ls.-h. u. Dun
Co.'S Weekly Review OF Trade say.
Tho price barometer gives indication
that are not entirely favorable. Cottol
goods 20 up with increased evidence
that the crop Of cotton is short Price
Of other manufactured products, O.
wool, hides and leather all show SOM
decline, general abatement in new or
ders being the principal cause. Will
an immense volume Of business mol
much exceeded in the largest montl
Of the exceptional year, 1899, and will
evidence that in several branches thu
volume has surpassed that Of any
previous year, there is growing un
certainty about the near future of In
dustries. Money markets are neither
strained or threatening, foreign ex
change no longer raising apprehension
all fears about the great northern
crops are passed. There have been
few advances in wages Of labor within
the past month, and only few works
have been closed by strikes for an I'D
vance.
The production OF pig iron October
l was the largest In the history OF the
country, 2Ol, IA tons weekly, against
l04.Oa9 September l, io6. QUO having
been the highest In 1892. Stocks un'
sold are not stated, but substantially
the whole production Is In execution
Of past orders. On the other hand
new orders are exceedingly small.
There is marked decrease in almost
all finished products, tank steel
Is lower, bar iron Is offered
by some at concessions, plates are
not firm, the structural demand has
greatly increased and wire rope de.
clinel 81 to $50 with lower wire and .
much received demand for nails. Bes.
semcr pig has fallen at Pittsburgh and
gray forge IS cents, and prices Of iron
products average X per cent. lower
for the week. Discontinuance Of de.
mand which could not be expected to
continue ut the same rate after prices
had risen SEQ per cent. leave actual
consumption in question.
In wooden manufacturers demand
for dress goods and some specialties
keeps many fully employed, but most
Of the works making woolens, for
which new orders are scanty, find not
enonr., to keep 'hen running. To
pic up roo.,s in advance wholly in the
larl, as to future competition, involves
such risks that some concerns may
close for n time. Yet sales Of wool
continue heavy, ll,lai,loo pounds for
The week, lar ,cly speculative.
The cotton manufacturers are pecu-
iarly favored by the rise in materials
anil by the extraordinary stocks Of
cotton brought over from last year,
but goods ara also advancing, those
quoted last week now averaging 00.S
lgainst $40 per cent Of the price
If 1899. 1t is too early for cotton
to cast much light on
probable yield. Port receipts thus far
3 per cent. smaller than last year,
10 not indicate as small crop as
many feared, in view Of the known
atcncss of picking. Widely circulated
ldvices to hold back cotton have some
influence also At present prices, av-
raging S.ls cents in southern markets,
Igainst $3.50 cents year ago, 7,700, 900
,ales will bring $4,000, 900 more than
900, 900 bales brought last year.
Wheat receipts have been 7,53l.474
bushels, against 4,6oOl0l last year,
nd Atlantic exports only l,7O7,G2s
bushels. flour included, against 1885,
SO last year. The movement at Du.
nth is so heavy as to absorb vessels
nd almost arrest more shipments,
Failures for the week have included
wo banks and several concerns Of
ONE size and have been 26s in the
United States, against s3l last year,
nd 50 in Canada, against 43 last year.