Marietta daily leader. (Marietta, Ohio) 1895-1906, 1896-11-23
DUN'S REVIEW.
Gain in Volume of Business
Continues Without Precedent.
Nearly 400 Firms Have Started Work
During the Month Of November.
At Least Three Hundred Others Have
Increased Their Working Forces
Wheat Has Risen ut q Wonderful
Rnte-Great Foreign Demand.

New YORK, Nov. 21.-R. G. Dun &
Co. say Saturday in their weekly re.
view of trade:
The gain in volume of business con.
tinues enrirely without precedent.
More than 800 establishments have
started work since the election, which
were idle, and at least 800 have
increased their working force. Ev.
cry day thus adds thousands to
the number of those who are able tc
buy weeks supplies and then make
up gradually for many months of en-.
forced economy. Already this brings
great increase in the volume of business
and the clearing house exchanges, for
the first time. in several years, not
only exceed those of last year by
ten per cent, but also exceed those of
the same week in 1892 by nine per cent.
Business men are all anxious to pre-
vent anything like the excitement 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 almost natural.
Wheat had risen with wonderful rapid
ity, SO that exports had been checked
by the higher prices and realizing
started break which made the close
aX 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 s to 7.62
cents in spite of the starting of many
cotton mills, and the controlling fact
moment is that reports of a yield
smaller than eight million bales are
now entirely discredited. The quanti-
ty coming into sight has exceeded last
years by $4,000 bales, and it is not
expected that the decrease in the re.
naming months of the year will bring
the aggregate below s, 100000. The ex.
port demand does not abate, although
temporarily checked while prices were
above eight cents and the increase OF
So 400, 900 in value of cotton exported
in October contributed more than any
other single item to make the aggre.
gate exceed that of the same month in
any previous year.
In transition period industries re.
cord gains slowly, but the slight de.
cline in prices of Bessemer pig iron and
of finished products of iron and steel
is partly due to realizing on specula-
tive purposes before the election,
and partly to the selling OF
nails by jobbers below the com.
bination price. For most offered
products of iron there is better de-
mand and slow advance in prices.
Shipments of boots and shoes for three
weeks of November, have been 1884,
or cases against IT'S, 17S last year.
but while the works have or
ders for some time ahead, neither
mines or dealers are disposed to
do much because of the uncertainty
about finances, those of boots and
shoes being about 12 per cent. above
the lowest point; leather 16.3 per cent.
and hides 51.4 per cent, the latter
again rising at Chicago. In cotton
and wooden goods no serious change
appears though there is continued
weakness in cottons and print cloths
are a sixteenth lower. Stocks OF
wool purchased before and i'm.
mediately after the election now
prevent a further advance, but to No.
vember Is wool had risen 10 per cent
on the average of 104 quotations by
Coates Bros. since September 1 and
much more at the west.
Failures for the week have been 344
in the United States against 800 last
year, and 40 in Canada against AZ last
year.