Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-11-27
DUN AND BRADsTREET.
Reports on the status OF Trade and
Manufacture.


NEW YORK. November 26.-Messrs. X.
G. Dun & Co.'s weekly review OF trade
tomorrow will say: The heavy exports
Of wheat, with the renewed advance in
price. is the most interesting and I'M
portant feature of the weeks events.
Since August, when the extent of foreign
deficiency became realized, exports nave
been larger than in the corresponding
weeks of any previous year. Cotton ex-
ports also have become very heavy, and
the outgo of corn falls but little below
last years unprecedented record, while
in the exports of manufactured products,
especially machinery. all records for the
season have been surpassed. While the
aggregate for November last year was
over 500 100000, the shipments from New
York for three weeks have been but
slightly smaller, with a fair prospect that
the continued increase in cotton ana
other products from other ports may
make up the deficiency.
Meanwhile, imports are running behind
last years, at New York nearly $2.0OO,OOo
this month, so that another excess or ex-
ports over imports. amounting 10 ABOUT
$50, 100000 for the month, is probable. But
this would make an excess OF about
$4,000. 600 in four months.
wheat rose to Sl00 Is for November, with
No. 2 red and other grades selling many
cents higher. Yet western receipts are
OF enormous magnitude, in four weeks
H072,l4 bushels, against 9,2l4,S5S In the
same four weeks last year, while Atlantic
exports Giour included) were for the
week 362S fl6 bushels, and for four weeks
u. 439, $50 bushels. against 71SL5So last
year. The shipments from other ports
have also been heavy, and nothing APP
atagV
European needs.
Corn also continues to go abroad In
quantities almost as large as last year,
when all past records were broken, but
the price has slightly declined.
Cotton declined to 5.Sl cents, the lowest
point for many years. with scarcely any
indications of speculative effort. More
has come into sight this month than du-
largest crop ever raised, while takings by
northern and southern Spinners have been
smaller and print-cloths and some other
staple goods are at the lowest quotations
ever known. In such conditions weakness
is natural. although the extreme esu-
mates Of yield are not by some entirely
credited.
DEMAND FROM THE SOUTH.
The demand for goods from the South is
larger since the removal of quarantine
cmbargOes, and recent reductions in
prices have indicated large transactions
by dealers but stocks held by the mills
are sui 0tdNy, WIFI ltJDlsVDu pltNCS VI
print-cloths on hand, against 2,2l20O0 one
year ago. and 2o6.O0O pieces two year ago.
The output of 100000 beyond consump-
ton last year has been heavy load ever
since.
The iron industry shows no decline In
the production or consumption of pig, but
with much reduced orders for products
excess of production is expected, ana
Bessemer fell a shade at Pittsburg,
though Chicago and eastern markets
show no change. Billets are also weaker,
at Pittsburg SIS. The expectation OF lower
prices tends to produce them, at time
wnen new business is naturally small,
and the mills are working mostly on olu
orders. with buyers impatient Tor deilVe-
ries. Other large orders in plates are neld
back by inability of the works 10 deliver
in the time desired In bars, agricultural
and railway manufacturing causes
heaey demand at Chicago, iron being pre-
ferred TO steel, and thin sheets are also
in better demand but bars are shade
lower at Pittsburg; also, both wire ana
cut nails. Some large orders Tor rails Dy
eastern railways are reported
The wOollen manufacture Is sun con-
Stunning heavily, In execution OF past or
ders and many agents are sold so 1ar
ahead that they seek no further business,
while others are beginning to question
whether the demand for next season VIII
suffice. IL prices are made 10 correspond
with the present quotations OF wool. Some
reduction in the price of wool appears,