Omaha daily bee., 1896-11-21
GAIN WITHOUT PRECEDENCE
Volume Of Business Continues to Grow il
Enormous Proportions
DUN REPORTS MORE MEN AT WORK
Thousands Added Every Day to the
Number of Those Able tn Buy
Some slight Renc-
tions In Price.

NEW YORK. Nov. OR. G. Dun &
Co.'S Weekly Review OF Trade to-
morrow will say: The gain in
volume Of business continues entirely
without precedent. More than 500 estab-
lishments have started work since the cleo
tion which were idle and at least 60 have
increased their working force, making 60
concerns which are known to have added
largely to the number of hands at work,
and those are only part Of the whole num-
Der Every day thus adds thousands TO
the number of those who are able TO buy
a weeks supply OF provisions and to make
up gradually for many months OF enforced
economy. Already this brings a greatly in
creased volume of business, and
the clearing house figures 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 l22
prevent anything like the fictitious excitement OF
last summer. ana in nearly ali branches an ex-
cessiye rise IN prices is prevented But With
more hands at work there Is inevitably a greater
demand for supplies materials and products TIE
ss,sT4ll,tivs r,,srL.fs hate hon r.ig-{n-. which
Is also natural Wheat had risen with wcndeEtul
rapidity. so that exports had been checked by
the higher prices and realizing started a break,
which made the close S7sc lower for the Week
It appears that Pacific exports OF wheat. nour
November more than last year. and all OF the
exports about rs 01ulg0 bu. larger. more than
50 per cent and in November Atlantic experts
have been 4faI l05 bu.. nour included. against
4.7o4.G40 bu. last year. The demand for freight
room both here and the Pacific coast is
steadily SO much larger as to disclose an eN-
traCriinary foreign demand. Western receipts
for the month thus far have been only 1875 >NS
bu.. against ., Ss.5u bu. last year but the Wis
ible stock continues to increase, although the
milling returns slightly exceed those Of the last
any previous year.
Cotton has declined from SC TO Ts2c, ir spite
Of the starting Of many cotton mills and the
controlling factor for the month Is that reports
of yield smaller than s.tl,co bales are now
entirely dlsCreiitsl. The export demand does not
sbate although temporarily checked while the
prices were above Sc and the increase of s. 800 90
in the value OF cotton exports in october con-
make the aggregate exceed tuat % the same
month in any previous year. In ISL. when all
Europe was scrambnE for American wheat the
value OF all exports was in one month, pecem-
Der. about 100000 larger than last month but
in no other month has that record been eN-
ceedei. and IL is noteworthy that with the in
100000 in brssdstutfs AMI SIf 90 in pro-
visions and oil. there was stil' increase q
$4,000 in miscellaneous products. In N0yem-
hsr thus FAR the gain of New York exports has
been q per cent and FOR the last week o. per
cent the latest week having been the largest
IN record since the second week Of October.
the corresponding week Of last year. and .
per cent smaller for the month thus far. Under
these circumstances In spite Of heavy payment
Of loans abroad. the movement Of gold this way
would undoubtedly be resumed II foreign buying
q American securities should set in.
In a transition period industries record gains
seuer pig iron AMI u finished products OF iron
am steel Is partly due 70 realizing N spegu-
latiye purchases before the election. ana partly
10 the selling OF nails by jChbers below the
combination prices For most manufactured
products there is a better demand and a slow
advance in prices
Failures for the week have been sA in the
United States. against 20 last year, ana 40 in
Canada against A. last year.