Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-11-05
BUSINESS QUlETER.
THIS A GENERAL FEATURE on AC
COUNT OF COMING ELECTIONS,
PRICES REMAIN STEADY, THOUGH.
There is Also Enlarged Distribution
of staple Goods I'm Western anu
soutbern Mnrlets-New Low Record
for Cotton.
for Cotton.

NEW YORK, November 4-Brad-
streets tomorrow will say: A further
ouieting down Of new business in iron
and steel, the relapse into dulness, though
at steady prices. OF wheat, consequent
upon the withdrawal OF the excited for
eign demand. and some slight increase OF
quiet in general trade, chiefly at the
South. as a result Of the approaching
elections, are ali features calling Tor spe-
cial mention this week. Among the more
actively favorable features are the price
steadiness displayed by most staple aru-
Giles and the enlarged distribution oil
staple goods in many western and south
ern markets. as the result Of improved
weather and removal Of guarantees.
Confrmatory Of the quite favorable re-
ports as TO general trade during october
are the returns Of bank clearings Tor
that month. and scattered reports az 70
increased business doing at many cen
tres in that month, as compared win
october q year ago. The export statistics
n grain. too, are beginning TO show that
an ample basis FOR the stories or heavy
foreign buying really existed, the exports
this week being the heaviest on record
IRON AND STEEL
New business in iron and steel has been
lighter than for weeks past, and some
shading Of quotations, particularly IN
steel. is reported. Export trade, however
is large and increasing. and the mills are
still well enough supplied with orders 70
regard this prediction quiet with some
thing approaching equanimity. Important
NEGOTIATIONS touching future prices oi
steel rails are now in progress, quota
tions are entirely Withdrawn, and some
reports are that an important consoh
dalton. or at least control OF prices ane
OUTPUT. has been practically agreed upon
Wheat has peen duller but steady, on
uncertainty as 20 possible foreign poliii-
cal complications, onsetting heavy gain
| In the movement from producers. ihe
current demand and output Of hour nave
continued TO equal and even exceed al
previous records.
An encouraging feature is the continued
active demand for domestic wool az Boz
| ton and much OF II at price concessions
with rather more reported doing in cheaE
makes Of worsteds.
COTTON.
Cotton has made new low record OF
| heavy crop movement touNAiihb NN'-N'
| for November delivery at New YORK, ou'
| the improved demand for export VIII
| The working Of the new print-eloth re
| striction has tended 10 frmness for th'
| manufactured product.
Wheat. including -four. shipments fol
| the week aggregate s7l5,6i3 bushels
| against 5. $50 ssl bushels last week; 5'Ss'. ~
| bushels I'm the corresponding week o.
| 1877. :. AZ sc bushels IN 1886; 2,5s,Ssi bush
| els in 1896. and ? 1888 bushels In 1894
since July ist. this year, the exports o.
wheat aggregate 7s.545.53 bushels. agains'
! s. s74Oe2 bushels last year.
Corn exports for the week aggregat'
> sss sty bushels. against Z.i24ys6 bushell
lsst week. 2.ls3.55e bushels in this weei
a vear ago: ar 6i3 bushels in 1896; 1.zz0'
! ~ bushels In 1885. and s5.ts5 In 1854 Sine
/ Iulv list. this year corn exports sggre
| gate 20 SIS 80 bushels. against D.sslo
/ bushels during the same period yea
| ago.
/ BUSINESS FAILURES.
business failures in the United States
,se This week. against lss last week. Y
/ ,his week last year, and q infthe cor
resnonaing week In isss.
/ rafi,rres in the Dominion OF Canada 70
/ he zveek. a, against 2 last week