The Providence news. (Providence [R.I.]) 1891-1906, 1898-11-19
REVIEW OF TRADE.
Improvement shown. but Demand Is
Generally For Present Needs.

Improvement Shown. but Demand Is
Generally For Present Needs.
New York. Nov. 19--R. @. Dun & Co =
weekly review Of trade says; The sit
uatlon is clearer, and the Improvement
In business. which VAS expected after
the election. has begun. The new
strike OF shoe workers i'm Marlboro
Mass. Is now the only labor hindIanct
OF consequence.
1t is noteworthy that in spite Of ali
changes the price OF spot wheat has but
slightly changed. The exports for the
week leave wide room for conjecture
as TO the influence governing the price,
but with l0.S37 81 bushels received al
western points during the week. and In
two weeks 90 2Gl. $50 bushels, against l5,
22s.l6 last year. ii GAN no longer be
said that western supplies threaten t.
run short. Corn exports also exceeded
last years.
Were II possible IL would be crafty.
ing To say that a little stronger demand
for cotton, making the price 5.37 cents,
against 5.3l week ago, had a solid basis,
but southern markets recognize the faci
that the closing of many mills here and
abroad. owing To The excessive stock
of goods on hand. does not offer bright
promise Crop prospects appear sc
good that even at the extreme low prices
quoted there Is little encouragement foI
advance in view OF the heavy STOCKS held
here and abroad. Under the arrange
ment between ithe mills several have
stopped, While .others have started this
week. and the production of goods has
not materially ,-ehanged. A break in
bleached goods baeaks previous records
but in the general the demand improves
The rwoole1 mspufectu has gained
in orders for the coming season, which
justihes the heavy buying OF materials
recently seen. and there are also better
orders for speedy delivery, but the de-
mand Is not large and much machinery
Is still waiting idly. While sales OF
wool at the three chief markets were
heavy, they include two large sales fol
export, covering 5000 900 pounds ol
Montevideo and Australian wool at II
and Is cents respectively, which makes
clearer the fact that prices asked by
holders here are relatively high. Some
concessions at Philadelphia follow those
81 6VrNNil, Aitoh6h tAN 'ffo' NJ - N' N.''
whole steady.
There is similar difficulty about th'
prices OF boots and shoes. for manufac'
turers do not want TO contract at pres
ent quotations for leather. and leather
manufacturers show themselves un
ready to buy hides at current quotations
and while the prices OF hides have yield
cd n little at Chicago they are stiil rel
atively high. IL TX stated that some con
Germs I'm the shoe business have sprinf
orders larger and nearly all equal to
those Of a year ago. but dealers ar,
still buying for actual needs only. Pur-
chasea OF union leather are not large
and OF hemlock sole only moderate. II
spite of q yielding OF half a cent In com
mon. Shipments OF boots and shoes
from the east have been 1i2.S6g cases
against 1ls, 25I in the same week OF 1897.
Iron is in bigger demand all the time
ard yet the production steadily In
creassr.
Failures for the week have been %
I'm the United states. against 267 las
year. and 2s In Canada, against 81 last