The star. (Reynoldsville, Pa.) 1892-1946, 1897-11-17
TRADE REVIEW.
Business Greatly Improved by the Approach
Of Cold Weather.

OF C0lu W6atner.
II. G.. Dun e. Co.'S. weekly review for
last week reports:
Colder and more stormy weather, 80
long needed to accelerate distribution
of winter goods, has materially helped
in nearly every northern dispatch this
week, so that orders to fill stocks have
been encouraging, and in some branch
es the multitude of demands for imme-
date delivery show that the distribu-
tion to consumers has already gone
much beyond the expectations OF deal
ers. But this is not yet the general
rule. and, with many complaints of de-
layed trade from other quarters, there
still remains extensive shrlnkage caus-
ed by fever and quarantine at the
South.
1t is, therefore. the more surprising
that the volume of all payments
through clearing houses continues
about as large as in 1892. and 1871 per
cent. larger than last year. Railroad
earnings also nearly equal those of 1899
for the first week of November, and
half the mileage in October OF $50,354,-
496. Is so per cent larger than last
year, and 2.2 per cent. larger than 1892.
Speculative markets feel disappoint-
ment because prices do not rise farther
and faster, but 1t is fortunate for pro-
ducers and dealers that the experience
OF some past years in that respect has
not been repeated. There Is nothing to
cause general reaction, the purchasing
power of the people is gradually in
creasing, and, after the lull of stocks.
trade should give ample evidence Of
that increase.
The output OF iron furnaces Novem-
her was 213,159 tons weekly. against
200, 120 tons October l, n gain of 81 per
cent. and unsold stocks decreased 49,
$50 tons In October. indicating a larger
consumption in manufactures than
ever before. even when the output OF
zig was pushed by swiftly advancing
prices to the highest point, 217,6S2 tons.
November 1. 1895. Prices of iron pro-
ducts rose that year 55.3 per cent. but
are now per cent. higher than June 8.
While most works have orders for the
rest of the year, and in sheets and some
other branches are far behind in deliv-
cries, new orders are few, but include
one for 1000 cars at Chicago and one
for 400 at Pittsburg, one for an armored
ship at Chester, many for small build
ings and for st. Vincent's hospital and
three school houses here, many for
bridges, with some for the drainage
canal at Chicago, a lively demand for
hoops, and a large export business,
with a quantity of bars for Asia.
Woolen mills generally have orders
for three months ahead, and are not
cline in cotton and the slow demand
for goods, owing, in part, to warm
weather, have led cotton mills to con-
fer about curtailment of production,
and further reductions have been made
in brown sheetings and drills prints
and by jobbers in bleached goods.
Cotton declined 1-Sc to 5.S7c for mid
ding uplands, and both exports and
takings of spinners have been large.
Wheat dropped over &c, but has since
risen as much, with heavy buying for
exports. Western receipts continue
heavy, in two weeks, 14,02S,907 bushels.
against 10,5S1. 1872 bushels last year,
while Atlantic exports. flour included.
have been 6,562.O2 bushels, against g.
921, ,s31 bushels last year. An English
authority reckons the worlds yield at
16l 100000 bushels less than last year.
which would mean a market for all
this country has to spare.
Corn exports are again larger than
last year. and the price has risen 5-Sc.
Later prices of meats do not indicate
that farmers have as yet much induce
ment to save corn for feeding.
Failures for the week have been 291
in the United States. against 276 last
year, and "a in Canada, against 46 last
wear.