The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-10-22
DUN's REVIEW OF TRADE.

DUN'S REVIEW OF TRADE.
NEW YORK. Oct FIR G. Dun & Co s
Weekly Review of Trade Will say tomorrow:
With growing foreign demand for American
products exchange is influenced mainly by
political uncertainties abroad While Europe
awaits the outcome between England and
France about the Upper Nile, the financiers Of
all European countries trying to force
upon each other the burden of providing cash
for the enormous demands Of the United States
England has so managed as TO make France
and Germany send most of the gold and the
resulting war OF exchange between foreign
nations checks for the moment the movement
Of gold this way. Yet these and all other
causes do not so far hinder business as 10 pre-
vent an excess over the most prosperous Of
previous years. The exchanges through all
caring houses for the past week have been
0.6 per cent larger than last year and IL per
cent larger than in 1892 but outside of New
York for the week transactions were smaller
The outgo Of wheat staggers all prophets Of
disasters but while the price has advanced
cents at the West the rise would have been
much greater but for the feeling that the
enormous foreign demand may not last. Elk
ports -four included, have been for the past
week 1863 536 bushels at Atlantic ports. against
from Pacific ports, against 1851 last year.
making for the three weeks u,964. 5SH bushels.
AGAINST $500 raSe ro 4,1 boI5ing bac
their wheat. and yet the receipts at the chief
Western points have been in three weeks 80, :
592. 494 bushels against q, 725, sol bushels last
year. 1t is significant that this heavy demand
continues after foreign crops officially reported
as fairly large, have been almost everyw where
being 2634 AL bushels, against 652,37 bushels
last year and 1907. 009 bushels for three weeks.
against g. 9l4 764 bushels last year, and although
ii is the bottom point of the year for corn.
prices have risen nearly u cents during the
week.
While cotton spnners are said to have agreed
upon a selling agency and a curtailment OF
ON n better demand for staple
goods and prospect Of better demand in
F,tura In wooden goods also there has heeen
a marked Improvement during the past week.
and better sales with extensive inquiry. This
is reflected in the large transactions in the
wool market which amounted for the past
week to T. $50. 500 pounds. of which 2.7l4 4U
pounds were domestic. making for the past
pounds Tor the same week Idst year - o. W.
pounds for the same week in 1896 and - ISL $50
pounds for the same week in 1882. Sales in
Boston have been the largest for nearly two
months, but at some concessions IN price,
which are not reported In published quotations;
With no orders as yet Tor the next season tht.
manufacturers are altogether encouraged by
the increase and have reason to believe that
the expected demand has set in But there is
yet the fact that the current demand is largely
for Iow-priced goods.
steel trade partly because the outcome OF Yari-
Gus combinations in Bessemer pig, steel rails,
bars. wire nails and the like cannot yet be
definitely anticipated If general buying was
expected to result from these movements II has
moi appeared thus far. Yet prices Of domestic
products have not declined, and although the
| tone is somewhat weaker for bars and plates
| quotations are in part sustained by consider
! able orders for exports The plate mills have
received orders for 20, 900 tons from the Govern
! mani for ship purposes and the bar and billet
| mills have a very encouraging demand.
Failures for the week have been 22l in the
Canada against sc last year.
NEW YORK GRAIN AND PRODUCE.
NEW YORK. Oct. 21-FLoUR-Receipts a.
| 900 barrels; exports. 5000
WHEAT-Receipts, 1s1.475 bushels; exports
1875. Spot easy; No. red, TIA T. o. b. afioat
| Options opened lower through foreign selling
weak cables and the more peaceful politica
outlook abroad. A subsequent rally on export
demand was finally lost under long selling
closed 1lzc net lower. No. red May, 72]aQ
| 1890, closed 729sc.
! HOPS-Strong.
! WOOL-Steady.
! METAIS-The market for metals very
| irregular in departments today tin ane
| lead in particular showing instability, witt
business spasmodicaliy active. hesitation wa
| noted in other departments ana some rathel
| startling developments are looked for early
next week. At the close the Metal Exchange
fP5'TGiRoN-warrants unchanged; 81 bid. 81 L
LAKE COPPER-Unchanged buyers and sell
TINEUnsettled; spot, SIT 70; futures, ST a
DIG GETA Al % 80 rs bid 50 771s asked. TIL,
| firm fixing the settling price for leading West
| ern miners and smelters quotes lead at 50 60.
| Observation-Disclosures; buyers and sellers a
'CoFFEE-options closed steady. unchanged
to points lower Sales 5000 bags al, includin'
| No = invoice. &c; No. jobbing. 61fc; mild
G$ARMRaw firm, held higher; fair refining
SIC; centrifugal. sc test, 4Ac; molasses SIC
Fe B3ITlfTTERMRecepts, 1918 packages Firmer
| western creamery, 15929c; Elgins' 221Sc; fac
'o EyGGsEReceIpts 1881 packages Western. zoe
DRIED FRUITS.
| NEW YORK Oct. 21.-Californa dried fruits
~ E5.V5fAPoRATED APPLES : Common. 7aSc
! - PaRITNES-5H G94c, to size and quality.
APRICOTs-Royal, 11@13&c; Moorpark T@
PFEAcHEs-Unpeeled. s1s@11c; peeled. na
| 1Sc per pound.