The record-union., 1895-10-26
WEEKLY TRADE REVIEW.
CONDITIONS AS REPORTED FOR
THE PAST SEVEN DAYS.
Failures In October Show Liabilities
of Over Seven Million
Dollars.

NEW YORK, Oct. Ok. @. Dun q
Co., in their weekly review of trade
issued tomorrow, will say:
Failures in October thus far show liabil-
tiles of s., ,624 53l, OF which -, ,93S, l75 were
OF manufacturing and S3, ,62l, 900 OF trading
concerns. Last year the aggregate was
So. $50, 741, of which s., ,629,67l was of man
ufacturing ana S2,959, ,567 of trading con-
Germs. In 1898 failures the same week
were l5,012, ,920. Failures this week are
23l in the United States against 23l last
year.
Ten days ago gold exports seemed
very near, But the break in cotton
which then began rlpened on Monday
into a collapse sufficient to justify hope
of a free movements. Already lower
prices in iron have brought out some I'M
pOrtant contracts. Labor difficulties,
though including strike of many Penn
sylvania coal miners, who do not seem to
be succeeding, are on the whole of no
serious importance. Money markets
cause remarkably little trouble, consid =
ering the heavy movement OF products.
Cooler weather has generally helped ie-
tail trade. and with increased consump-
ton by the millions the way will be clear
for better business.
The fall In cotton week ago, barely an
eighth from the highest point, was an
eighth on Saturday, half cent on Mon
day, ana has since Ueen sixteenth more.
All roco rds were broken by sales of SIO,-
600 be,es on Monday, and without fail
ures OF consequences. Exports improve
but little, because foreign stocks are so
large and the lower prices give more con-
tdence to mills, which feared to purchase
and manufacture when decline was
reasonably expected.
Wheat Das risen 3 cents for the week,
although Western receipts continue UNI
usally large and Atlantic exports show
plainly a slack demand from abroad.
Russia and Argentine are both moving
freely. Nobody can give reason for
higher corn, and pork declined 20 cents,
lard q sixteenth and hogs 10 cents per
hundred pounds.
Iron boasts some good contracts this
week-one from Russia for several
months producing OF armor plate by the
Carnegie works, one tor Government
appralsers' stores here and others for
2,6G0 freight cars. with a prospect of as
many more. Bessemer Dig advances,
but finished products on the whole de-
cline as much, other pigiron not rising.
1t is too late in the season for good busi-
ness in structural forms or pipes, and
tank steel is lower, with sheets weaker
kails 10 October Ist. 5000 tons de-
liyered and 70S, 600 tons sold, make pitt
ful record for works which have turned
out over -UoU,UOO tOuS III year, DUL luis
only renders more surprising the in
crease in other uses OF iron. Whether
tinplate works will take 500, 900, 900 pounds
OF steel this year, as the latest official re-
port indicates, will depend on prices,
and sales of coke below the latest estab-
lished prices are noticed with the largest
production on record
Textile manufacturers have been for
the moment disturbed rather than helped
I !, Il limo in aba k,try
ing of some fabrics, with lower prices for
print cloths, and prospects OF lower
prices for other goods. The demand for
worsted and dress goods Is encouraging
while in wooden goods the situation does
not improve. Although hides have fahen
fully half cent at Chicago, and some
kinds of leather are lower, quotations OF
boots aud shoes do not change, and many
factories have stopped for time.
Exports for the week are 40 per cent
and for three weeks per cent. larger
than last year. Obviously a moderate
movement of securities this way would
quickly affect exchanges. Stocks have
declined about 81, with the trust stocks
about the same.
NEW YORK, Oct. 25.-Bradstreers to-
morrow will say: on the Pacific Coast
there is a tendency to increasing strength
in the demand for staples at San Fran
cisco. where receipts of wheat, as at Port
land and at Seattle are freer, the eXcep-
ton being at Tacoma, where arrivals are
said to be slow. The last-nained city re-
ports a shipment OF 1000, 900 ieet of lum-
Der to South Africa. Exports of wheat
flour included) from both coasts OF the
United States this week, plus shipments
from Montreal, show an increase over the
total last week of about 250, 600 bushels,
due to increased exports from the Pacific
Coast. The total this week is 2,65S, 900
bushels; in the week a year ago it was
3,535, 900 bushels; two years ago, 3, ,327, 900
bushels, and in the like week in 1897 it
was 4,07S, 900 bushels.