The Bellefontaine Republican. [volume] (Bellefontaine, Logan County, Ohio) 1855-1905, 1898-12-27
DUN'S REVIEW
OF TRADE
Year Goes to Its Close as one
Unparalleled.
Volume of Business for Decem.
ber Greatest of Any Month
in the Twelve.

New York, Dec 23,-R. G. Dun
Co.'s weekly review of trade will say il
tomorrow's issu
"It is a year beyond parallel, and goel
to its close with biggest volume O
business ever seen. Enormous transac-
tions at the Stock Exchange make eoms
difference, and heavy railroad earnings
but when all the transporting and specu
lative interests are eliminated there il
still much larger business than in any
other month of any year. Last Decem-
Der the exports were in volume great.
er than in any previous month in the
history of the country, but this ,-ear the
three weeks report shows an increase I
25 per cent against 9 per cent in imports,
which would indicate much more than
$40 900, 900 excess of exports this month.
The payments through clearing houeses
have been for the week 26.5 per cent
greater than last year, and IL 4 per cent
greater than in 1892, and for the month
II per cent larger than in 1892. Until
now no greater volume of business has
ever been done in the history of this
country than in the closing month
of this year.
shipments of wheat have been
3,2S5, ,704 bushels, -four included, at
Atlantic ports, against 3.69S 321 last
year, although Western receipts for
three weeks have been % .OSS 5S1 bushels
against 10. 300 .929 last year, fact which
the believers in small crop may we'll
consider. From Pacific ports the ship
ments have been for the week 1,3l6 ,O19
bushels against 956 600 bushels last year.
Considering the enormous exports from
July to date, exceeding last years, one
can only wonder that the outgo this year
has been go large, and the price has
risen during the week BE. Corn exports
also have been S24 1856 bushels against
4 $40, 613 bushels last year, and for the
month thus far IL OH 1873 bushels
against 10.S67 407 bushels last year.
The price has advanced about q cents,
but the continued foreign demand is
astonishing.
"Sales of wool have been large,
q 1866. 100 pounds, against % lis, 200
pounds last year, and 1856. 200 pounds
in the same weeks of 1892, with small as
we'll az large manufactuI ers buying very
freely, which indicates general i'm
provement in the demand for goods,
although not enough as yet to lift
prices.
Prices of iron and steel products have
not materially changed although the
tone is everywhere stronger. and for
wire nails quotations have advanced to
81 80 at Pittsburg. But this country is
beating the world in this industry.
All this business is done with full be-
lief that the next years demand will be
greater than ever before, and it is credit
able, especially in the iron and steel
business, that go little advance in prices
of finished products has been made.
The range of prices is nearly 20 per cent
lower than in 1892, indicating an
astonishing increase in the quantity Of
products exchanged. How Europe will
be able to pay more than $75 900 600 due
on merchandise account for the month
of December, besides the enormous
balances due for November and pre-
vious months, is question which the
country can afford to consider at its
leisure and with comfort.