The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1898-12-10
MARKETS VERY STRONG
10 says Bradetrests In Their Weekly RE-
eume OF Business Ara'rs

/ INN VIII say
Features Of the week have been inn
mense sales Of Bessemer pig iron, large
sales Of steel biilets am heavy orders
for ship plates. the latter at western
points Car builders too have placed
large orders. impelied thereto by the en-
larged demand from railroads which lind
their present facilities for handling goods
overtaxed Export trade continues en-
couraglng. and Of a favorable nature I'm
this respect is the weakening in freghts
reported toward the close Of the week
Increased supplies. consequent upon the
heaviest movemert from farmers on every
hand. have constituted a bearish feature
In wheat prices this week. notvithstand-
ing the continued heavy shipment abroad
and the coarser grains have sympathzed
with this important cereal. Activity rn
the lumber trade has been IL feature Gale
ing for comment in many markets. o..
placing of large government orders for
yellow pine lumber, most of which IS for
export to cuba. having insured plenty Of
work for number Of southern mills un-
/ IN far In the new year. From other
branches Of the trade reports are Of sus-
! IA ~ a.
of seasonably small receipts, ana prices
retain lrmness. cotton il again higher
partly owing to smaller estimates becom-
Ing fashionable, this feeling being reflect.
ed in improved demand at many markets
Cotton goods too, are frmer. This is in
part due to the sympathy with tho raw
product, while the advance in print cloth
it attributed to the successful disposal of
the large surplus which few weeks ago
hung over the entire market. Rather
more Is doing I'm raw wool at slightly
howe quotations, but reports from ths
goods trade show little improvement
Wheat, INCLUDING -four. shipments for
week aggregate 6,75s,952 bushels. against
Z. .4S3. .s59 bushels last week. 6.256 l59 bushels
in the corresponding week Of 1897: 4222-
6i5 bushels in 1896 1923 bushels in 1895;
and 2 .53G $50 bushels in 1891 Since July /.
this year. the exports OF wheat aggregate
lO2 s6s ,O93 bushels against ia 4,2OL69S bash
els last year.
Corn receipts for the week aggregate
5.3ss 595 bushels against 4,6239S9 bushels
last week, Sl2555I bushels In this week a
year ago; 54l ,2ss bushels in 1896: 2,39l.l 1856
bushels in 1895 and 293 2s5 bushels in 1884,
Since July ! this year corn exports aggre-
gate Gg,O26s2s bushels against GS25l csc
during the same period year ago.
steadlness OF prices has been a notable
feature of business this fan though tue
natural drift of value has been toward a
higher level. OF lOs staples AZ, or little
less than one half are unchanged. as the
result Of the months work while 81 staples
advanced and only 20 declined, vii.
compared with Dec. 1, year ago, "a
staples are higher a. are lower and II
are unchanged
Business failures in the United States
this week number 2S5 as against 3l2, last
week, 2l2 in this week a year ago, 3sl
in 1896. 3lS in 1895, and SS3 In 1894
Business failures in Canada for the
week number 20. as compared with So last
week, 23 in this week year ago. AZ in
1885, 80 in 1895 and "a In 1891
BRADsTREET's REVIEW.
New York, Dec. 9.-Brads,rvets' Finnnc-
ial Review tomorrow viii say:
Transactions in both stocks and bonds
this week have been active and tha mar
ket shows broadening tendency. In
| huenced by investment purchasing prlces
in the bond list have advanced, while
dividend paying stocks, or those whic
are expected TO take taat position, are
permanent holders. Public and foreign
participation on the bull side renders the
market, as whole. less susceptible 70
professional manipulation; but In spite OF
It's generally strong tone, the movement
OF stock prices during the week leaves
the impression Of irrcgularity The Sc
curities which ordinarily lead the market
are less prominent and most OF the fea-
lures were supplied by specialties. and
stocks which have held subordinate
/ position. The speculative undertone has
been very strong, however. and any slight
depressions seem TO develop renewed buy
ing powers. London shows lncreas,lg x
favor for American stocks and ats r,n-
chasing has been sufficiently steady 70
give material aid 10 the bull side The
ease OF the money market here facilita-
tes buying by the public. although tho
fact that stocks are being carried TO an
unusual extent on call loans does not
escape attention. II might be added that
the activity and advances In so many
low priced and hitherto inactive stocks in
creases the proportion Of such securities
carried on magin OF In loans. but as yet
no danger Is apparently apprehended from
that score The market az large Is i'm
pressed only with the favorable trade
situation, the encouraging business out