The herald., 1897-11-20
Dun & Co.'s Review

| NEW YORK, Nov. 19.-R. G. Dun & Co.'s
weekly review of trade will say tomorrow
All markets and all industries are work
| ing toward the period of Thanksgiving. OF
lstocktaking and of holidays.
| Colder weather has done much to ac-
celerate retail trade. so greatly delayed in
many lines by Increases on the whole and
many manufacturers are unable to take
all the orders offered. while others are
committed as far ahead as they are willing
to be. The output in several great indus
tries is considerably the largest ever
known and the confidence of great business
next year is unabated. Hesitation in
speculative markets is in part be-
cause an immense capital has been
turned from them to investment in pro-
ductive enterprises.
Wheat has advanced cent during the
week and small fluctuations have been due
to reports about Argentine rather than to
the heaviest exports ever known Allan
tic exports, flour included, have been in
three weeks of November 1888, 1863 bushels
against S.052, 105 last year, and in the crop
year thus far over sc, 600, 900 bushels, while
the western receipts have been in three
weeks 21213,660 bushels, against $14 FOG. $50
last year. Corn exports have been 71O1,-
013 bushels against 6. AL .6GS last year.
Iron products have changed but slight
ly in price with wire nails and rods shade
lower, and while the consumption of pig
is the largest ever known. works in some
branches are receiving orders equal to their
output, while others have orders so far
ahead that they are unable or unwilling to
take more. There is less activity in bars
at the east but a healthy demand at the
west for manufacturing, car building and
other uses and rails are in larger demand
there, while some eastern works have re-
Gently taken orders for months ahead.
Sheets are active and competition reduces
the price of tin plates little further. Gray
forge Is slightly lower with eastern and
Chicago prices unchanged, notwithstand-
ing the great output and stocks are being
further reduced. The coke output was
1f0, ,357 tons for the week. with, furnace SELL
ing at $L75 for the rest of this year. An
thracite coal continues weak, with sales at
A net here, the production In October hav-
ing been 5,12O000 tons. Tin is sustained by
large consumptions: lead is a little lower
at $3.75 and a break In spelter has reduced
the price at Pittsburg to s405.
The woolen market is embarrassed by
the delay of winter weather. which re-
tards orders from clothiers, although most
works have enough for some time ahead
and while cold weather and active retail
trade would quickly bring a change, prices
of'wool are so high that some mills have
stopped part of their looms.
CdseS are meItloHeu OI HILLS WMcn cOuid
realize profit OF 100000 to $500, 900 by
selling the wool they hold, but can expect
none by manufacturing at current prices
Wool markets have become 's,tagnant and
sales are almost wholly to realize spec
ulative profits. amounting at the three chief
markets to only 4,213,C00, pounds for the
week. Cotton goods kept weak as raw
material declines.
Failures for the week have been 2e7 in
the United States against 1884 last year and
30 In Canada against,4 last year.