Daily press. [volume] (Newport News, Va.) 1896-current, 1898-02-26
NV WEEKLY TRADE: REVIEW
"Tat DUN and Bradstreet Think O
Commercial Con Cii,tions

! u-,o Ei.Nh1 TX ANE REVIEW.
| what DUN and 3radstreet Think Of
| Commercial Conditions
I tSy Telegraph.)
NEW YORK. Feb 25.--R. G. Dun G
COS weekly review of trade wIll say
| tOmolrDw: '
| teCted speculation and CAUSED he its, ti,rn
| IN some large lines of business nroha
biy accounting for the check i'm the ran
~ advance of wheat. but industrial
picuuturoh cuhGnues larger than ever
! 4 rev more works beins, added to thu.
active hist. with a decrease in the Num-
Der of hands ON strike and renewed ev-
! ldence THAT THE volume of bl,sin.4.S &c
larger imam in February of any previous
year. Nor lis there any SYMPTOM of e,
senseless craze based on rising pricas
| Ihe legH Inmate export and domestic de-
nanat presses closer to the Capacity OF
works. and though there is no nishty
| advance gn any line, and in all narrow
| ness or profit lis matter of complaint
new business for this dull season is IN
preceTlemtSd.
Wheat continued its progress upward
until loS.15 Was reached on Monday,
put declined u cent Later. as If there
| We're fear that Spain would somehow
stop British vessels from taking wheat
lacrotS the water. Amy yielding based
on foreign possessions deserves little
Notice. but the price has advanced 10
cents since Chicago specula';ors la
took occasion to shake off weak follow
| eirS and the opportunity for reaction
was inviting. There is no abat:as of
foreign demand Atlantic exports were
1,96SSi+ bushels. -four Included for the
week. against 1.326,444 last year, and
Pacific exports 1,576.276 againsrt 736. AGA
i-St Year. In view of current excite
| inent these figures are more important
uhan the aggregate for four weeks. TO-
4"6'12 bushels, against 6,5SS.4l5 last
year from Atlantic ports, and 4G53 OPS
against 1.61l.24 from Pacific ports
| Corn exports for the week were 145
per cent. less than last year. but the
cain price declined, but slightly. The
spot price OF cotton was not affected
| 1t is not the reason for much i'm
| plovenent in textile manu- facture, but
The cotton branch has gained by the
closing Of the strike i'm one Fall River
mill. and by the addition of work at
| the South. The WOODEN manufacture
meets inany cancellations. especially in
| goods sold early wiohoui definite price,
| but is doing more than ever at this
season, though no business i'm the high
| er grades of WOn-teds and WoolenS is
| not particularly encouraging. Sales OF
Woo! are slow, With weakness i'm cloth
| ing, amounting to about cents decline
| from the highest point. indicating tina
mills have at present abundant stocks.
| but some are selling foreign Wool in
| order TO take supplies of other quail ties.
| In goods Of medium and low grades
| the demand continues large. The silk
| manufacture shows a remarkable in
| crease, during the las, SIN nlonuhS, HAY
| ing imported raw material far in eN-
| cess of cNns,1mptiCn in amy nravinu>,
year, and at a rate of l20 per cent.
! above the imports i'm the last census
| year.
| The iron manufacture has more de-
mand for products and slightly better
prices for ,Bessemer pig, which has adj
| vinceG to 5000 ait PittSburg, with grey
forge unchanged there local coke strong
at Chicago i'm spite of some southern
| weakness and eastern anthracite. really
shade lower No finished products have
| changed in price, and all are strong IN
| demand, excepting bar, which a COM
| Dinaition has failed to advance Some
| large contracts are reported, especially
n car and bridge buildings, ship and
sur .,l,.llral work, and THE den:aal 10:
sheet is heavy. Minor metals change
! Dut little, tin Weakening a shade TO II
| cents, With large receipts.
| Fixtures for the week have been 233
in the Unhted States. against 29s last
| year, and 80 i'm Canada against 50 Iast
| .ea:.
BRADSTRlGET'S
NEW YORK. Feb. 25.-Bradstreet' t
| tomorrow Will say:
While business of a speculative ma
ture has been quick to reflect the in
creasing strain i'm political affairs in re
duced values and Withdrawals or cur
ta.lmeTltt1 of activity in some lines. there
IS h'l!tle to indicate that the volume OF
f.stributive trade has been reduced, and
reports to Bradstreets this week, so
| far aus tnt. latter branch of business is
| concerned, are among THE best received
,h.s year. With few important excep-
oinns the price situation is one of
strength. while the enlarged demand
Off coarse grain is taken to reflect the
burning of attention from higher priced
cereals to those Of a lower priced cha
acter. AL the East last weeks squirt
in the dry goods trade alt Boston does
not Seem to have held but at New York
| There is considerably more doing in the
! JobbinS trade. The cotton sltua ton is
one OF frmness, rejecting alike the cur
taihnen't of production, growing out of
labor troubles and THE firmnes,: of raw
| cotton induced by a good export de-
nland. Wool is firm but the demand
has parceptIbly Slacksned, and there is