The star. (Reynoldsville, Pa.) 1892-1946, 1898-11-16
TRADE REVIEW.
Volume Of Trade Greater Than in Preceding
Years Export OF Iron.

Years Export OF Iron.
r. G. Dun & Co.'S review of trade
reports as follows for last week: The
country has safely passed the trial Of
of year" elections. Before this elec-
tion everything except political un-
certaintes favored business enlarge
ment. The volume of trade has been
the greatest ever known in any month
except December, 1892. The record on
November thus far shows clearings
lO.4 per cent. larger than last year
and 9.3 per cent. larger than in 1892.
The railroad earnings in October have
been 5.2 per cent. larger than last year
and per cent. larger than in 1892.
Foreign trade shows an increase of
&c per cent. in October in exports,
with Ss per cent. in exports from New
York last week. while imports showed
gain of only 22 per cent. in October.
and credits against foreign bankers
were plling up at an inconvenient
late. There Is absolutely no anxle<y
about the currency. and the treasury
Is only too strong When enormous
exports of products are considered,
1t seems quite impossible for the coun-
try to meet with serious monetary
trouble, especially In view Of past
surplus in favor of this country
Wheat declined nearly a cent but
recovered all the loss, with Atlantic
exports, -four included. of 1885,
bushels, against 32744S9 last year,
and Pacific exports 1,016961 bushels,
against 1,5J2,352 last year. Western
receipts 9,924025 bushels for the week,
against 7255,5l4 last year. continue to
render the holding back of stocks
manifestly failure. Corn has but
slightly changed in price, with ex-
ports of 2,O62 1891 bushels, against g.
414641 last year. and an increase of
more than half in western receipts.
Cotton remains at the lowest prices on
record, with heavy receipts and with
out large milling demand.
Iron production November l was
22s.935 tons weekly. against 215,635
October |, and q decrease Is seen OF
1924 tons in stocks unsold outside
the holdings of the great steel COM
panies, indicating an actual consump-
tion of l.0l9,646 tons in October, about
2o3 tons daily greater than the largest
ever shown In any previous month on
record. The export demand Is beyond
all dreams. 10000 tons rails for
northern Europe and 100000 tons
plates. besides 4,5O0 tons billets from
Pittsburg alone, Will; great quantities
of bars. rods, wire and other finished
product. The works are generally
filled with orders, including many
from ocean and lake shipyards, and
many for cars, with seasonable de-
manu- LOT otner prOuuctS.
The minor metals still advance,
largely with the London demand, tin
to 1880 cents and copper to 1882
cents bid for lake. with lead steady at
S.i2h cents in spite of heavy Mexican
arrivals.
Wool sales for the past week were
| only 4,735,000 pounds at the three chief
eastern markets, and were secured by
concessions at all markets. as last
week, making 1929. 900 pounds,
against 16,652,s02 for the same two
weeks last year and l22S9. 900
pounds for the same weeks In 1892.
Many holders are refusing to abate
their prices. though large manufac-
turers bid below current market
| prices because of their uncertainty In
regard to the demand for woolen
| goods. which has somewhat Improved,
and yet not greatly.
1t Is growing In the minds Of holders
of wool at the East that the supply
| OF foreign and domestic wool on hand
Is much greater than has heretofore
been supposed. Cotton goods are, on
the whole. in better demand, although
slightly lower, and little can be said
of encouraging character as to the de-
mand for staple goods Of domestic
use.