The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-10-29
BRADsTREETs BUSINESS REVIEW.

NEW YORK, Oct 2S.-Bradstreets to-mor-
row will say: Irregularities in prices ana uaue
movements has been rather more mar eu ei.'s
week than for some time past pul liieo
bv all the usual standards Of business deVel
onrnent the situation is one of exceptional &C
tivity and even strength The active loieieA
demand at advanced prices Tor American -,
calls and their products appeared 10 nave ~
minated early in the week in virtual "Si
scare market, in which the hignest prices
reached since early in August were recorded
The reaction shown, however. has been a sIiali
one, testifying to nervousness DOM at hoit n
and abroad growing out OF the of Is ny
small gains in worlds supplies, reports .. t uaeai
age to wheat in the fields in the Northwest
and in Manitoba, activity in me ELI, nii hrai
all records of flour production LOT lnS ven En-
and a continuance OF the TAX OF Iathei h te -
noted for some time past. Evidences OF reac-
ton in prices are not confined 10 %neat; pu'
extend to lard and coffee among 1000 prooucts;
Bessemer pigiron lead and cotton, while most
other cereals pork and beef. copper and print
In distributive trade reports of bad weather
Interfering with regular demand and collec-
lions. but of stimulating retail trade IN neeVy
winter goods coming West and Northwest
whence also come advices OF PAD roauS, Grip
ping the farmers ability to deliver wheat 10
market Against this however, must be cited
the fact that primary receipts OF wheat are IN IN
excess of one year ago and for the season are
fully equal to those of last year. A great burst
of activity in nearly all lines has followed the
freeing of the lower Mississippi section from
the numerous guarantees and country buying
is reported active in that section. From the
Pacific Coast particularly Puget Sound and
Columbia River points, the advices are of very
ahsorbed by mills working on export orders,
and Of ~ increasing trade with our new depend
ences. Here at least the tone OF business re-
mains rather quiet
interest in it. The cotton goods trade is closely
following the workings OF the plan OF restrle-
mills Much is hoped from the reduction in
output pledged to occur between now and Feb.
vaValTx- inc OF
down this week, but the non-inclusion Of mills
producing similar goods in other New England
cities has lack of knowledge of the extent to
which those concerned viii see to extend the
foreign outlet for these goods are uncertain
presenf Arm quotations The movement of the
raw product to market. stimulated prooaply
strictions is now far in advance-300.0 900 bales
at Ieast-of last year ana expectations Oh
a heavier crop than last year is a bearish fea-
ture more than offsetting reports of killing
frosts throughout the South. Prices are conse-
quently lower and speculation lags.
Sales of wool are of increased volume. tut
much of this, particularly at Boston. IS re-
ing of bank loans. The manutactuTed proougt
remains slow of sale at first hands but ad-
vices of good retail buying are more numerous.
as a result Of cold inclement weather. particu-
larry West and South The iron and steel stu
alton continues without much change, though
shading of prices of Bessemer pigiron and bill
lets to satisfy the desire of producers TO nam
tain activity in the face of confessedly quieter
In other industries the report is generally of
confirm tie views of those who claim that
profit margins have been permanently reduced
Instances of this are found in the reports of
g, 600 more people employed in New York State
in industries now than one year ago and IN
the reports of implement manufacturers that
on lot of business where the per cent Is In
excess of last year profits have not been pro-
portionately increased.
Wheat including flour. shipments for the
week aggregate $500. 991 bushels against 4.5S2,
IA bushels last week 5.S11 1891 bushels In the
corresponding week of 1897. 1858, 600 bushels In
1886: 743 Ola bushels in 1925. and 2,s3 312 bush
els in 1894 Since July ! this year the exports
of wheat aggregate 66,771. $50 bushels against
rs 2s3 594 bushels last year 80
Rusfness failures for the week number zig, as
oornared with 21S last week. 21S in this week
year ago 24e IN 1896, 2s9 in 1895 and 2sS In 1891
f2ueness failures in the Dominion of Canada
numbered 30 as against "a last week % In this
week year ago, 81 in 1896, As in 1895 and 4G