The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-05
TRADE REPORTS
ARE FAVORABLE.
Business Returns as Compared With
Last Year are Good.
WHEAT Is DULLER BUT STEADY.
The Distribution ofStaplcs in the South
and West is Enlarged on Account
of Quarantine Renovation
and Steel Lighter.

NEW YORK, November 4.-Brad-
streets tomorrow will say: Further
quieting down of new business In iron
and steel. the relapse into dullness.
though at steady prices, OF wheat con-
sequent upon the withdrawal Of the eN-
cited foreign demand and some slight
increase of quiet in general trade, chief
~ at tho South, as a result OF the APP
preaching elections. are all features call
ing for special mention this week
Among the moro actively favorable
features are the price steadiness dis
played by most staple articles and the
enlarged distribution OF staple goods AT
many western and southern markets as
the result Of improved weather and re-
movals OF guarantees.
Confirmatory Of the quite favorable
reports as 10 the general trade during
October are the rturns OF bank clearings
for that month. and scattered reports
as 10 increased business doing at many
centres i'm that month as compared with
one year ago.
FOREIGN DEMAND.
Export statistics Of grain. too, are be
ginning 10 show that an ample basis for
the stories of heavy foreign buying
really existed. exports this week being
the heaviest on record.
New bushes in iron and steel has been
lighter than for weeks past. and some
shading OF quotations. particularly steel
Is reported. Export trade, however. IS
large and increasing. and mills are stu
well enough supplied with orders TO re-
gard this prediction quiet With some
thing approaching equanimlty. Import
ant negotiations touching future prices
OF steel rails are now IN progress quo
tations are entirely withdrawn and some
reports are that an important consoll-
dation, or at least control Of prices ana
output, has been practically agreed upon.
WHEAT STEADY.
Wheat has been duller but steady. ON
uncertainty as 10 possible foreign politi-
cal complications. on-setting heavy
gain i'm movement from producers. Tht
current demand and output OF Hour has
continued 10 equal and even exceed al
previous records.
An encouraging feature IS the continued
active demand for domestic wool AT Bos-
ton and much Of n at price concession
and rather more reported doing IN cheap
makes Of worsted.
Cotton has made n new low record OF
heavy crop movements, touching cent
for November delivery at New YORK
but improved demand for export WIFE
the working of the new print cloth restiic
ton have tended TO hrmness for the man
ufactured product.
GRAIN EXPORTS.
Wheat. including Hour. shipments To-
the week aggregate 6.U3645 DusneH
against 5.5eO9H bushels last week. o290'
fqS bushels in the corresponding week ol
1897: 2. 472 97G bushels in 1896 :. 5605o D usH'
els I'm 1896 and 2.2}9.323 bushels In ls9i
Since July list. this year the exports %
wheat aggregate 73,5ij523 bushels agaihS
Sc .S74.0g2 bushels last year
Corn exports for the week aggregate
Q 566 GO bushels against 242i36 busnel'
last week: 2199 $50 bushels in this week 4
year ago: 2.2G.643 bushels I'm 1896 lZz9'''
bushels in 1895, and 95.435 in 1871 sinc'
July LIST. this year. corn exports aggregai u
5O3f5. $50 bushels against O,S3lo4 busheN
during the same period year ago.
BUSINESS failures I'm the United state
iS2 this week against 1913 last week; ZZ5 u
this week a year ago, and z-5 IN cores
pondent week I'm 1896.
Failures I'm the Dominion or CANADA ioi
the week 81 against . last week