Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-10-22
DEMAND FOR WHEAT.
THIS THE DOMINANT FEATURE OF
THE BUSINESS SITUATION.
GENERAL TRADE MODERATE.
Al the North Ii Has suffered from
Had weather Conditions"
south IL IL Rather Better In""
Some Time Past.

NEW YORK. October 2i.-BradstreetS
,o.morrow will say. The dominant ,ea-
ture OF the general business situauon
unouestionably the active foreign dem'ho
for wheat. wheat flour. and. indeed. near
~ all wheat products, and the business
reported on this account in the paSt 'e"
DAYS seems worthy OF rank with the pest
recorded in any corresponding PERIOD
while strained stocks abroad, ana iesS
satisfactory advices from other countries
notably Russia, Australia, and Argentina
have furnished a plausible basis TOT NUN
Of the recent activity. an aaoitonA
stimulating feature was injected INTO the
situation this week by the moro warhne
appearance of the FrGnco-British silva
,lon and the closing days, indeed W.T.
messed war rumors i'm practical commanu
OF the market. inducing much snort COW
ering by steadfast bears Lest the rather
moderate figures OF current exports
should prove Disappointing. In view OF inc
heavy engagements reported, it might De
remarked that much OF this demand IL
necessarily what might be termed for-
ward business. and, indeed, stocks IN TINS
country. I'm spite Of heavy continued oe-
liveries by farmers. could hardly allow
| ~ nromnt shipment even if the ocean-
| freight situation was not strained one'
| Quotations for freight-room have, IN tar''
| operated as a deterrent feature on 'his
export business.
GENERAL TRADE.
General distrlbutive trade, particularly
| M the North appears to have sunefeo
| from bad weather conditions TINS WEEK.
which have interfered with regular ous'
ness and deliveries. but on the other manu-
| has induced considerable buying OF poots
| and shoes rubber goods, and heavy o'cth-
ing at many markets the slluau"n a,
| the South is rather more favorspie tne.
for some time past, this resulting u'e'niy
from the abrogation OF many sehss'ess
| quarantine regulations. az result on INC
advance OF the frost-line southwark To-
ward the Gulf Some important changes
i'm the situation OF textile goods, ana psu-
ticularly cotton and wool products, ap-
near TO be impending. Rather more nin-
ness has been impaired TO the former
staple by the talk OF frost checkihg III.
Their growth of the plant IN the eou'A.
and the establishment at Fall RIVER o.
tho lonR-expected and often-threateneu
Joint selling agency for prtnt-cloths ana
similar goods has stiffened the price OK
those products quite materially. In "oo'
and woollen goods, too signs OF improve
ment are "A trihe moro numerous.
, The foreign-trade situation is about ~
. descrihed last week. except that large de-
creases i'm n few leading exports nave
been partly made up by increased snip,
ments OF American manufactures anu
e the nine months figures point TO com
nlete calendar years business In al
| N
' export trade. our import trade begins
r 70 show slight increases over correspond
Z ing periods a year ago, and the substl
tuition OF dutiable for non-dutiable good'
IN this movement points to an easier po
Z sltion in the customs situation
PRICES STRONG.
: Prices are quite strong, notable I'm thi'
n respect being all the cereals, lard, PORK
cotton. print-cloths. and ra" sugar
q Little change is noted I'm the iron ant
= steel market. which. as for some TIM
i past. continues quiet as regards new
u business. though the mills and foundrie
= are still actively employed
u The general industrial situation con
o tinues favorable, employment being quit
e general. particularly In the West eNcep
q I'm the glass industry. where a shut
q down. pending a wage-scale settlement
, exists.
Wheat Including -FOUR shipments 10
! the week aggregate 4,52,T3 bushels
against 4729995 bushels last week, b,0o2
II III bushels i'm the corresponding week q
1897. 4O67 81 bushels I'm 1895. 2.6oS.5h bush
n els in 1895. and 3,3531i bushels In 1888
$ Since July LIST this year the exports
} wheat aggregate 81, 2lOsS9 bushels agains
~ Y. Az 203 bushels last year. Corn export
90 for the week aggregate 2,397,l bushels
10 against 2705. 2s2 bushels last week. LII
548 bushels year ago. 2,999a bushel
I'm 1896. 1913, SO bushels in 1895, and $40
! bushels In 1894. Since July Let this yea
&c corn exports aggregate 44,3i5 i34 bushel
is against A, 90 1851 bushels during the san
4 period year ago.
BUSINESS FAILURES
sy Business failures in the United state
e this week number 49, twenty less tina
?. last week. and compared with POS in tn
Y week a year ago. 2l2 in 1896, 2j3 In l@
er and 90 in 1894
I'm Business failures In the Dominion
te | Canada has been e. as against y Ia
r week. q this week a year ago, fS In Isl
st and 80 in 1895 and 1896
a