The record-union., 1896-11-21
GAIN IN VOLUME OF BUSINESS.
1T CONTINUES ENTIRELY WITH.
OUT PRECEDENT.
The Great Numbers of Idle People
Put to Work Brings Increased
Demands i.r Supplies.

NEW YORK, Nov 20.-R. G. Dun Gs
Co. will say tomorrow in their weekly
| review of trade:
The gain in volume of business con-
tinues entirely without precedent. More
than 800 establishments have started
work since the election which were idle,
and at least 800 have increased work
ing force. Every day adds hundreds
to those who We're able to buy a weeks
supplies and then make up gradually
for many months of enforced economy.
Already this brings great increase in
the volume Of business, and the clear
ing house exchanges for the first time
in several years not only exceed those
of last year by 10 per cent, but also
exceed those of the same week in 1892
by per cent.
BUSINESS men are all anxious to pre-
vent anything like the fictitious rise of
last summer, and in nearly all branches
an excessive rise in prices is prevented
But with more hands at work there is
inevitably greater demand for sup
plies, materials and products
The speculative markets have been
reacting, which is natural. Wheat had
risen with wonderful rapidity. so that
exports had been checked by the high
er prices, and, realizing, started
break which made the close 3Bs lower
for the week. The demand for freight
room both here and on the Pacific
Coast is still so large as to disclose an
extraordinary foreign demand.
Cotton has declined from to 7.62
cents, in spite of the starting of many
cotton mills, and the controlling fact
of the moment is that reports of yield
smaller than 100000 bales are now
entirely discredited. The quantity COM
ing into sight has exceeded last years
by S20.OOO bales. and it is not expected
that the decrease in the remaining
months of the year will bring the ag-
gregate below S,500,000 bales. The ex-
port demand does not abate although
temporarily checked, while prices were
above cents, and the increase of So
4oU,OO in value OF cotton exported in
october contributed more than any
other single item to make the aggregate
exceed that of the same month in any
previous year
In transition period industries rec
ord gains slowly, but the slight decline
IN prices of Bessemer pig iron and of
finished products of iron and steel is
partly due to realizing ON speculative
purchases before the election, and part
iy to the selling of nails by jobbers be-
low the combination price. For most
manufactured products of iron there is
better demand and a slow advance in
prices
shipments of boots and shoes for
three weeks of November have been
lSo,O2l cases, against 174, ,17S last year,
but while the works have orders for
some time ahead, neither manufactur-
ers or dealers are disposed to do much,
because of the uncertainty about
prices, those of boots and shoes being
about IL per cent. above the lowest
point; leather 1853 per cent. and hides
ola per cent, the latter again rising
at Chicago.
In cotton and wooden goods no serious
cnange appears, though there is con-
tinued weakness in cottons and print
cloths are a sixteenth lower. Stocks
OF wool purchased before and immedi-
ately after the election now prevent
further advance, but to November 18th
wool had risen 10 per cent. on the aver
age of 104 quotations by Coates
Brothers since September 1st, and
much more at the West.
in the United States, against 800 last
year, and 40 in Canada, against AZ
last year.