The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1895-11-14
DUN'S TRADE REVIEW.
No Significant Indications on
Account Of Elections.
A RISE In COKE EXPECTED SOON.
Different Kinds Of Iron Products Lower
In wooien Milo Closing to Await
Orders-wheat Falls Back with Great
Reluctance The Business Failures.

New YORK, Nov. 9.--R. g. Dun g
Co.'S Weekly Review of Trade, issued
to-day, says: II has been q broken
week, and just before and after cleo
tions in the most important states oper.
ations rarely have much significance.
Business may be largely affected in
time, but as yet there is scarcely any
indication what the effect will be. The
controlling power at present is the effort
TO readjust prices after the remarkable
rise of last summer in important mate
rials and products, with the struggle of
great combinations to prevent decline.
The purchase Of competing interests
now gives the Fl. @. Frick company
ownership Of 1866 out of 1884 coke
ovens in the Connellsville region, and
practical control Of more than three
quarters, and an advance in the price
Of coke to 81 is expected, as the Carne-
gle company has been buying up sup
plies at low prices for months in ad.
vance. Yet the price of Bessemer pig
is lower, $l4.75 at Plttsburg, and billets
are lower, because there is scarcely any
demand for rails at the combination
vs.
and the demand for wire and wire
nails has been curtailed by the nail
trusts advance of prices l76 per cent in
four months. Large western and east
srn orders for cars help the demand for
bar, but finished products are quite
generally sold below quotations, which
are now lower than they were two
months ago.
Copper is shade weaker at $l1.7
for lake, with slow buying; tin frac.
tion lower at Sl4.56, with the visible
supply 1856 tons, against 22,727 o
year ago. and lead trihe lower at 3.3
cents. The anthracite combination
seems ready to make higher prices.
Many woolen mills are closing to
await orders, although the demand is
fairly satisfactory for some dressed
goods and worsteds, and the Washing
ton mills open clay worsteds at 10
cents advance. But prices of these
and most qualities Of woolens are still
uncertain, for manufacturers do not
know yet what they have to meet
The reaction from speculative prices of
wool abroad, and the stiffness Of specu-
lative and country holders here, reduce
sales to 5,62l 1850 pounds for the week,
against S,2l5,000 for the same week of
1892, but stocks OF foreign wool here
are very large.
Wheat falls back with great relunct-
ance from its summer rise of 20 cents,
but has declined d cents for the week,
western receipts being 8,0l9.0l0 BUSH
els, against 3,S45, ,032 for the same week
last year. Belief in q crop much
smaller than last years has to resist
actual receipts Of 40, 1885, 1868 bushels in
six weeks, against 80,446, ,005 last year,
and Atlantic exports have been only
0,003. 424 bushels, -four included, against
l8, ,347, ,6l9 last year. The reports Of
winter wheat from some states are also
better. Corn comes forward largely,
receipts being more than double last
years and nearly 100000 bushels
went abroad. The rapid marketing of
supplies of wheat from Russia and
Argentina, and the larger exports of
corn from this country, both tend to
lessen the future demand for American
wheat.
Failures for the week have been ESQ
In the United States, against 26l last
year, and 40 in Canada, against 42 last
year.