Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-12-17
TRADE CHANNELFULL
COME LINES THE STREAM rs
oUT or ITS BANKS.
FOy and STEEL BOOMING.
,o,h,us Like Their Present Activity
seen for Many Ne"rs-Price situ"-
IN generally Observation-Disclosures
trade Extremely Active.

NEW YORK. December 16-Bradstreets
Morrow viii say:
rte..ns the general business Of the
..,,,r,. 20 shat Of a water-oourse. it may
~. ,rtlori,atiyely stated that nearly all
-. ,ranncIs OF seasonable trade are at
~. present time running full, and in
..-.s lines Of business the stream is vir-
..-r, ogt Of its banks. This IS particu-
,.-.- Che case in iron and steel, where
..,,r.san and consumptive demand are
.... eaIug on at an unprecedented rate,
... lime. too when II is usual to look
<.-os.etusss and even dulness in this in
..rs Nothing like the present activity
d. ts.s branch Of trade has been seen for
..-v years. II, indeed, II has ever been
mailed Advices from all the leading
.-t-fs ~ iron production are OF an ex-
,.e.raaly eager demand for the crude
2 n.nufacured products and of ad-
,.-.ur prices, the only anxiety express
d. hing that by buyers desiring early
...t.ry. probably never before in the
-.r's history has IL been possible for
a. American steel company TO refuse
,-t.bo order for rails for foreign ac-
.. go The plea tina; its mills were al
....r FULLY occupied so far ahead as 10
,-..rle IT'S trying for foreign business.
FISHER prices for pig-iron steel blllets,
.t steel and all sorts of car material
.-. reported. while the production of raw
Material is az its maximum. Ship-build-
r.. tou contributes its portion of ac-
,.y ,. The iron trade by it's urgent calls
i.- material
PRICE SITUATION GOOD.
In other lines Of business the situation
q, -a-.ras prices is a favorable one, no
r.r .u.ug the advances reported being
nearly aI The cereals cotton, coffee. lum-
l.-. "copper" lead, and a variety of other
JESS prominent staples. Following the
fr.t recession shown in wheat values
a.. s. week. an improved demand for
0,.-. has again developed. which is evil
l.-s ~ the fact that stories Of keen
competition from Argentina and Russia
have been more or less discounted, the
United states remaining as for some time
Us, the principal source Of supply Of
r world. Increased interest is being
taken .n cotton at the advanced price.
tle situation of the manufactured
.. has been strengthened by skilfm
ra.semsut of the print-cloth situation.
F..a in turn has induced a more liberal
..-a1d for kindred products for the
sll5 trade.
unable quietness IS reported in the
lumber trade, but prices retain all their
o. strength. and an active demand is
looked t.r on the turn of the year
Holiday trade is reported extremely ac-
Use o. most markets.
EXPORT TRADE.
-ra rnrntrv's exnOrt trade is of H.
--, volume ever known, that OF No
f.ar surprising the total for Deem
..- year ago, with the indications
,--lg q total trade for the calendar
.ar -t least one sixth larger than that
e year ago. and our sales abroad ae-
-H-ats two dollars for every dollars
e.r,H We buy.
Wheat including flour. shipments for
ts week aggregate 6.076625 portland.
..r not received. against 6.S5s SOP last
V..a iWiSSJ IN the corresponding week
- h. -.o6Si3 in 1895. and 3,554.333 in
f since July 1st this year, the ex-
its W wheat aggregate 100, 4O3, 7l9.
e----sl uAN@oI last year. Corn ex-
iHs for the week aggregate S25l. 1886.
- 4.5oe so last week, 4129.87S In this
N..s year ago, 2.a4,1JO in 1896. 2.O57 $40
-. and 65S,066 In 1884,. Since July st.
s .ar, corn exports aggregate 72.27S.-
' --ainst n,3S, AS during the same
Is--. last year.
Business failures are about nominal
.-lg 2l3 for the week. against 227
Us. week. 2S3 in this week year ago.
1885, 3Sj in 1876, and 1923 In 1894 In
they are thirty-two this week.
t"enty-nine last week, and forty
-... last year.