Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1898-01-27
THE TRADE REVIEWS
DUN & CO.'S AND BRADSTREETS'
WEEKLY STATEMENTS.
BUSINESS OUTLOOK BRIGHT
It's Volume for This Season OF the
Year Is Remarkable, Dun Asserts
Continued L Ige Export of Cereals
Keeps Up Prices Of Those Articles
Failures and Bank Clearings.

New York, Jan. Pr. G. Dun
& Co. s weekly trade review says that
with a volume OF business remark
Bile for this time Of year, being 3S per
cent. larger than year ago and 10 4
per cent. larger than in 1892 in pay
ments through clearing houses, it is
! not discouraging that one or two in
dustries are tagging. The demand
for most goods is heavier for the
season, manufacturing works are bet
| ter employed and orders booked and
| in prospect for the future are more
encouraging than at this season IN
any other year of which equally de-
| mite records exist. Exports Of pro-
ducts continue surprisingly heavy in
| spite Of some rise in prices. The
treasury receipts from customs were
lal ger in 20 days of January than in
the entire month of October or No
vember, and apprehension regardir~
the monetary future is no longer fell
outside of speculative circles. Rail
road earnings in January thus far are
reported to be 17.6 per cent. larger
than last year and 1913 per cent.
larger than in 1892. The rise of wheat
above 81 in regular sales was not &C
companied by signs of speculative ex-
element. In fact a continuance Of
the extraordinary exports Of 2,946, 900
bushels (four included) for the week
from Atlantic ports against 1,573,0 900
bushels last year and for three weeks
5000, 900 bushels against $780, 900 last
year, besides 4,$37,000 from Pacific
ports for three weeks, would give an
excuse for high prices, even if corn
exports were not enough to suggest
great foreign need, amounting to
9,270,000 bushels this week against
10,774,0 900 for three weeks. The fact
that cargoes of corn were shipped dur
ing tho week to Egypt and Russia,
the very countries upon which Europe
most relies for breadstuffs next to
the United States, affected trade not
unreasonably.
Just when an unprecedented produc-
ton Of pig iron was causing some
weakness an extraordinary demand for
finished products appears. For this
reason at least the general demand has
been beyond precedent, including $780,
900 tons of steel rails for the week and
100000 already this year. Orders
for plates are so large that Pittsburg
works have sent away some to other
concerns, being unable to fill all they
receive. Orders for bar are such that
many concerns are obliged to refuse
more and there is an excellent demand
for sheets and a fair demand for
structural forms. Prices of all fin
ished products are sustained by the
demand, though bessemer pig is five
cents lower at Pittsburg, but pig Ut
Chicago is strong, with some produc-
ton of finished forms delayed by it's
scarcity.
The great strike of operatives in the
cotton mills OF New England seems as
convenient to the mill owners with
their heavy stocks unsold as if they
had ordered it. Probably it will last
long enough to work off stocks and the
print cloth market is already one per
cent stronger, while a slight advance is
noted in some other cotton goods. The
movement of wooden goods is encour-
aging, though quotations on the higher
priced heavy weights are still de-
ferred.
Failures in the United States for the
week numbered 374, against 400 last
year.