Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1898-11-24

Bradstreet's for the week says that
teyidence accumulates that the good
results flowing from the recent elections
are no longer confined entirely to im-
provement in tone and confidence,
though the above feelings undoubtedly
influence dealings in both financial
and mercantile lines. Several substan-
tial developments present themselves
this week. notable among which are "a
number of advances in prices, ex-
ceptionally few declines thereof, grow
ing strength in the pig iron situation,
unprecedentedly large bank clearings, /
and remarkably good reports as to ex-
port trade, not only in the line of
foreign products but in the enlarged
trade in manufactured products. Dis
tribution of merchandise shows but
little change from recently preceding
weeks, but the growth in confidence
| is reflected in very general reports OF
improved collections on past business.
| "Rather more inquiry is noted for
| pig iron, and the tone of prices is
1 strong in contrast to that of steel,
| which is being shaded by those eager
to book new business. The steel rail
situation is apparently unchanged, and
much business is held up awaiting set
Element of price and other details.
"Wheat Including -FOUR shipments
for the week aggregate 1878, l4l bushels
against 1914, SOB bushels last week,
| g, $50, 1872 bushels in the corresponding
week of 1897, 8, 937, 233 bushels in 1896,
2, GIG, 1873 bushels in 1895, and 8, 3l2, 6i3
bushels in 1884. Since July LIST this
year the exports of wheat aggregate
] 50, $50, 457 bushels, against 95,973, 426
bushels last year. Corn exports for the
week aggregate 3,53l.72l bushels,
against 2, l42, 745 bushels last week,
3,2O9, 100 bushels in this week year
ago, 2,975, 72l bushels in 1896, LAB, 167
bushels in 1895, and 1s9,526 bushels
in 1894. Since July LIST this year corn
exports aggregate 56,019, 9l9 bushels,
against $500, 440 bushels during the
same period year ago
v'Business failures in the United
States this weeknumber 229, as against
1877 last week, 235 in this week year
ago, 30S in 1886, 1913 in 1895 and 295 in
1894.
.The total number of failures in the
Dominion of Canada this week is "a,
as against 80 in the preceding week, 81
in 1897, AZ in 1896, AZ in 1880 and "a in
1894. Z"
r. G. Dun & Co. g Review says:
"The situation is clearer, and the inn
provement in business which was ex-
pected after the election has begun.
Payments through clgaringhouses are
, far the largest ever known, for the
week 37.3 per cent larger than last
year, aud 33 per cent larger than in
1892 The glass workers have resumed,
the anthracite coal output is heavy and
/, much beyond the present capacity Of
! markets; the troubles in Illinois coal
! mines have been settled, and the new
! strike of shoe workers in Marlboro,
i Mass, is now the only labor hindrance
of consequence.
. "Were it possible, it would be graft
. flying to say that little stronger de-
q mand for cotton, making the price 5. 30
! cents, against 5.31 a week ago, had a
: solid basis, but Southern. markets
a recognize the fact that the closing Of
!, many mills here and abroad, owing to
excessive stocks of goods on hand, does
a not offer bright promise. Crop pros.
q poets appear SO good that, even Mt the
4 extreme low prices quoted, there il
!, little encouragement for advance, ir
! / view of the heavy stocks held here anC
abroad. Under the arrangement be
tween the mills several have stopped
: while others have started this week
n and the production of goods has
y not materially changed. A break il
!, bleached goods breaks previous records
y but in general the demand improves.
Il "The woollen manufacturer ha.
i. gained in orders for the coming season
i. which iustifies the heavy buying o
: materials recently seen, and there arr
Ia several orders for speedy delivery, bu
~ the demand is large. and much ma
4 chinery is still waiting idly. Will
"a sales of wool at the three chief market
m were heavy, IS, 234, 500 pounds in thre
H weeks, against 20, $50, 902 last year ant
~ l7,103, 100 in 1892, they include tw'
y large sales for export, covering 3, 600, 0O
~ pounds of Montevideo and Australia
Is wool at 16 and IS cents respectively
which make clearer the fact that price
asked by holders here are relatiyel
high. Some concessions at Philadelphia
4, follow those at Boston, though tn
- market is, on the whole, steady"