Omaha daily bee., 1895-12-14
PRICES SLOWLY RECEDINC
Increase in Demand for Products Expected
After the Holidays,
WHEAT RECEIPTS CONTINUE VERY HEAVY
Iron Furnaces In Blast roduc
More Than Ehoaeh for Current
Dcmnnd-FTnfShcd Il
Quoted nj n Decline.

NEW YORK, Dec. 13.-R. G. Dun 6 Co.'S
Weekly Review of Trade, which Issues to-
morrow, will say: II has been a very quiet
week, without any disturbance. Prices of
manufactured products slowly recede from
the high water mark of speculation and no
material increase in demand is now expected
until after the holidays, but there is gem
eral confidence that great activity will then
appear and that works which have stopped
a little earlier than usual VIII again be
called into operation. The government crop
report caused scarcely a ripple of interest.
though indicating 100000 bales less of cot
ton and a larger acreage than had been
cotton brought over from previous years render II
unimportant whether the yield OF 1895 were I,0oo,-
planting. and the extensive organizations OF
planters to keep back their cotton %deprives small
receipts of their natural influence. Whether from
that cause or not. receipts have recently been
over 40 per cent smaller than last year, but taxi
ings Of spinners and exports are also smaller.
The price rose 3-i6 and closed at $50 cents.
Wheat continues 70 come forward so rapidly
or unofficial, are dlscredited. Western receipts
We're 6,ooS, io4 bushels for the week. against
Hour included. were but i,Si6.s bushels, against
ISL. 21S bushels last year. AZ current prices 4,
Of proportion t. the yield, and prices for the
week show little change.
pig, 7g7 tons weekly. against 2i7,s o6 tons Novem-
Der 1, with an increase OF 5000 tons in stocks un-
tNiAH ''N "N'thh W. 10 hi'NAf mum
than the output at present, and prices again de
clined, No. l anthracite to sis.50 Bessemer pig
at Pittsburg to $3.50 and grey forge to sl2. Fin
ished products are weak and sell below quota
lions. though quoted prices average about half
Of 1 per cent lower for the week. Heavy
orders by the Rockefeller interests for plates and
other material to build vessels for transporta-
ton Of Mesaba ore next year have strength
ened the market somewhat, but the demand at
the east Is very light, and most OF the works
have shortened force considerably. while at Pitts
burg structural forms, plates, sheets and pipe
are in light demand. and some bar mills In the
valley have shut down for want of orders.
Higher prices are expected for ore and coke. and
It Is believed this will cause an upward turn in
iron.
Copper Is much demoralized. with large sales of
lake at Sl0.50. Lead Is lower at 50. 2iiS, and tin
lower at Sl3.S5. with increasing visible supply.
Wool has not advanced with L1nd n sales as
was expected, and 5.53G.0O0 pounds have been
sold. 2,303, 100 foreign, against 5,47i, 800 pounds In
the same week of 1892, of which Lab, 500 We're for
eign. The slow market for dry goods binders
dealings. In mems goods there is a little bust
ness yet at about last years prices in low
grades, and the largest maker OF clay worsteds
has reduced prices tolsthose of last year since
the opening. Business In cotton has not gained
and print cloths are lower at 3A cents. while
a few more reductions are noted in prices of
other goods. The manufacturer has had n highly
profitable season. though dull now.
Failures for the week have been 1888 In the
United States. against $40 last year, and "a in
Canada. against 10 lastigear.