The record-union., 1898-12-10

reports are Of sustained demand OF
proportions sufficient to take care OF
reasonably small receipts, and vrices
retain firmness.
Rather more is doing in raw wool
at slightly lower quotations. but re-
ports from the goods trade show little
improvement.
Wheat Qncluding -four shipments for
the week aggregate 6.752.952 bushels,
against 1886, $50 last week, $3.50, ,159
in the corresponding week of 1897,
4,222714 in 1896. 2,45S. .222 in 1895,
and 2,546, $50 in 1894 Since July 1st
this year the exports of wheat aggre-
gate 1O2, 1867. .O93 bushels, against 114,-
6O4,S9S bushels last year.
Steadiness Of prices has been a
notable feature Of business this fall,
though the natural drift of values has
been toward a higher level OF 1O7
staples, forty nine, or little less than
one-half, are unchanged as the result
of the months work, while thirty-two
staples advanced and only twenty-six
declined, while, as compared with De-
cember 1st year ago, fifty-four sta
pies are higher, forty-two are lower,
and eleven are unchanged.
Business failures in the United States
this week number 237, as against PIP
last week. 292 in this week a year ago,
3S1 in 1896, 313 in 1895, and 3S3 In
1894. Business failures in Canada for
the week number %, as compared with
% last week.
NEW YORK, Dec. 9.-R. G. Dun &
Co.'S Weekly Review of Trade" will
say tomorrow:
The most significant thing this week
has been the entire absence of the
customary nervous fright before or
after the meeting of Congress, the
Presidents message and Treasurer's 8
report. No one showed the least alarm,
and nobody could find occasion for
any Money and stock and grain mar
kets moved exactly as If the Govern
ment was autonomic, certain to do or
say no more than the people had al
ready decided and expected, and so
the gradual betterment since October
continues.
There is a large demand for products
in nearly all the great industries, larger
export demand for foreign needs, a
more healthy domestic demand since
seasonable weather arrived, and COM
forting conviction that November busi-
y
in any month, was but a step to some
thing better.
Exports last year in December were
marvellous, but this year are starting
far ahead. The Atlantic wheat exports
(hour included) have been for the week
5,636,76 bushels, against 4,312, 1877 last
year, and Pacific exports 500, ,523.
against 973,O ,OS3 last year, and prices
have declined 2A cents for cash, but
Western receipts. TO- 135, 1S9 bushels,
against 6,213,471 from last years
great crop stops argument The wheat
does not come out at low prices If the
people have less than last year at 20
cents more per bushel.
Woolen goods have been in much
better demand, and many of the small
mills have been buying, after conces-
sions secured by the larger. The much
broader market is more healthy, and
promises far more for the industry
and sales of 1865, 200 pounds in two
weeks past at the three chief markets,
against 1882, 700 pounds in the same
weeks of 1892, are quite in line with
the demand in prosperous years. Prices
yielded about half a. cent in November
according to 100 quotations by Coates
Bros, and from Philadelphia dis
lower this week
The rupture Of the rail combination,
it appears, resulted in lower prices and
larger sales in the first week of sharp
competition than were realized a week
ago. Prices were made in some trans
actions much lower than were then or