Omaha daily bee., 1895-11-09
FIGHT TO MAINTAIN PRICES
In Spite of 0OmbihstionS Many stlples
Have Receded.
WooLEN MILLS WAITING FOR ORDERS
Wheat Gradually Losing the Iptc
AdNance-IrOn Manufacturers
In All Lines Shad-
Ing Prices.

NEW YORK, Nov S.-R. G. Dun & CO..
Weekly Review Of Trade, which issues to-
morrow, will say: 1t has been a broken
week ana Just before and after elections in
the most important staples operations rarely
nave much Significance Business may be
largely affected in time. but as yet there
are scarcely any indications what the effect
Will be- The controlling power at present
Is the effort to reajjust prices after the re-
markable rise of last summer i'm important
materials and products with the struggle
OF great combinations to prevent decline
The purchase Of competing interests now
gives the II. G.. Frck company ownership of
li'oS' out ot lI934 coke ovens in the Con-
nelsvllle region-practical control of
more than three-quarters-ard an ad-
vance in the price Of coke to 81 is
expected, as the Carnegie company has
fSr FTe months %T{ up supplies at low prices
Bessemer pig is lower, SlL7j at Plttsburg and
demand for rails at the combination price; struc-
lulRi contracts are now few and the demand
Nail trust advance in price OF 176 per cent in
tour months. Large western and eastern orders
products, are quite generally sold below quota.
tons, which are now lower than they were two
for lake. with slow buying; tin. fraction lower
at Sl4.55 with the visible supply 27G73 tons
at 3.3 cents. The anthracite combinaiiSn Seems
orders, though the demand is fairly sntisfac-
tory Tor some dress goods and worsteds ani
the Washington mills open clay worstcds at ID
cents advance But prices Of these and most
QUANTITIES or wOoiens are still uncertain, for
manufacturers do not know what they have to
meet. The reaction from speculative prices of
wool abroad, and the stiffness of speculative
and country holders here reduced sales 10 621 400
pounds Tor the week, against S2l5OOD for the
same week OF 1892, but stocks of foreign wool
here are very large.
Cotton mills do well, as the halt and bssito
ton in cotton does not stop buying Of goods and
many believe goods safe at the Currrlt prices If
cotton Is not The market for raw cotton
Is held at Sd cents, in spite of the estimate
OF only o,A3j,oOO bales for the year Even nj
that the supply OF 100000 bales would be more
than enough, but other estimates are much
higher. ~
Wheat falls back with great reluctance from
us summer rise Of 20 cents, but has declined ~
cents for the week, western reccpts bpinr
SOl9HlO bushels against 3.Si5, ,032 bushels for the
same week last year. The belief in n crop
much smaller than last years has To resist
actual receipts Of i5,72j,3GS bushels in six weeks
against 3O,ii6.OOj last year. and Atlantic ex,
ports have been only 9.O9J, i2i bushels flour in
cluded. against l3,A7.Gl9 last year The re-
ports or winter wheat are also better.
Corn comes forward largely receipts being
more Than double last years, and nearly ODD Ol6
bushels went abroad3 The rapid marketing of
supplies OF wheat from Russia and Argcnttrn
ana the larger exports Of corn from this conn
Try hoth tend to lessen the future demand for
American wheat. "
Failures for the week have been $50 in tbe
United states. against POI last year. and forty
nine in Canada against forty-tw last year