The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-12-03
DIN g. CO.'S REVIEW.

New York. Nov. pr. G. Dun 4
Co.'s weekly review of trade tomorrow
will say:
When the rush of orders after the cleo
ton began to come in business was
dwinding. Subsistence of deferred or
ders is not decrease of business. Broad
Iy speaking the gain has been greater
than anybody expected, and it is not sur
prising if n small part of it is in excess
of recent consumption. Reports from all
parts of the country show clearly the
enlargement of trade. Extremes in
weather have made the week not alto
gether good for retail trade, but in that
time is Improvement on the whole.
Wheat has risen over q cents for the
week without material change in for
cign advances. which have been on the
whole less stimulating. Western receipts
are falling behind last year, and for four
weeks have been 19,302,SS4 bush is
against 27,902,027 last year. while the
exports, flour included, have been 6,2T7,
ISL bushels, for the same week against
G,2G5,01S bushels last year, and are not
large enough to create excitement. But
thirteen loads have left in November and
sixty have left San Francisco with
twelve more loading and forty engaged.
The milling demand in the eastern states
is also large and at four western cities
the output in five weeks has been 800,
PA barrels against 2,613,300 in the same
week last year.
Corn has sympathizcd with wheat. Il
little is coming freely. The most import
ant factor in the wheat market is that
the visible demand does not gain as much
as was expected
Cotton has gained only sixteenth
after its considerable decline and the
movement puts the spectators for an
4, It pr In annSfapt litiinnltinc and
there is all the time to be remembered
the fact that the crop was nearly one
month earlier than usual, and that the
present increase over last year may he
naturally reduced hereafter. Neverthe-
less the fact appears that there is much
less cotton taken than in previous years
and the demand for cotton goods is dis
appointing
Wool is still bought largely for spccu-
lation and eastern purchasers are unload
ing on it, but the mills are not yet doing
much more than in October. A few
mills have been started. but there is
scarcely more demand apparent for staple
goods. Including speculative operators
the sales for wool have been for four
weeks 37,614, 100 pounds, of which 26,
212,OO0 pounds were domestic, and 24,-
4G,&0 pounds last year, of which 49,
721 ,347 pounds were domestic. The pro-
uutS Iot
seem to be half the capacity of the work
and the stoppagc of several large carpet
mills within the past ten days is of i'm
portance. The collapse of the nail com
bine and probably of the beam combine
made reduction; nails and beams give
reason to look for larger demand for
products of iron and steel but at present
the sales on speculative purchases made
some time ago are depressing prices and
Bessemer pig has sold at S12.45, accord
ing to some reports Il little lower at Fits
burg.
The demand for such products as are
not controlled by the combines is some
what increasing, but by no means as
rapidly as expected In minor metals
there is scarcely as strong tone as a
week ago, but copper and lead have be-
come stronger.
Failures for the week have been POO
against 297 last year and 80 in Canada
against AZ last year.