The evening times., 1898-12-10
NOVEMBER BUSINESS
BREAKS ALL RECORDS
Dun ~ Co. However. Believe That
Even Larger Months Are
To Come.

New York Dec. l0.-Dun & Co : week
ly Review Of trade says today:
THE most significant thing this week
has been the entire absence of the Gus
tomary nervous fright before or after the
meeting Of Congress, the Presidents
message and the report of the Sec
retary OF the Treasury. No one
showed the least alarm and stock
markets moved on exactly as if the Gov
ernment were automatic. certain 10 do or
say no more than the people had already
decided and expected. and 50 the gradual
bettcrment since October continues
There is q larger demand for products in
nearly all the great industries. larger
export demand for foreign needs, more
healthy domestic demand since seasonuble
weather arrived and a comforting convic-
tion that November business. the biggest
ever done in this country IN any month.
was bur a step toward something better.
The Atlantic wheat exports. nour in
Guided. have been for tie week .s2G. 20
bushels. against 4.5l2,l37 1a7t year. and
Pacific exports 55G.523 bushels against
s73,os3 last year and prices have declined
S-4c. for cash but Western receipts Of
"a, I35,lS9 bushels against 62IS. III from last
years great crop stops argument The
wheat does not come out At low prices il
the people have less to sell than last
year AT ~ cents more per bushel Cot
( ton shared in the export movement fully
and. nevertheless, has risen three-six-
teenths in price with a feeling that esti-
mates Of yield may have been excessive
Al The extremely low price quoted for
etgn buyers do not stop to calculate
commercial and mill stocks on hand The
consumption in this country is not very
large, being but little changed bv the
troubles about wages at the South though
more 10y voluntary curtaiment in New
England, but the demand for goods is
better and has lifted the price of print
cloths an eighth and Of some other goods
a shade. Woolen goods have been in
much better demand and many of the
smaller mills have been buying after con-
! cesssions secured by the larger.
The rupture of the inchoate rail COM
| binauon, II appears resulted in lower
prices and larger sales in the first week
| OF sharp competition than were realized
a week ago Prices Were made in some
transactions much lower than were then
! ore are now quoted and while Sl7 at
| Pittsburs is now named, special orders
are said to command lower figures Pig
| iron has risen at the East to SiI50. and
| the country a shade higher than at any
time this year although prices for finish
| ed products have recently been declining
and are lower than in the early months
Of the year.
The stock market refused 10 drop ac-
cOrding to professional expectations and
most Of the room traders are short with
the public taking away large blocks of
stock every day for investment Rail-
road earnings in November We're IL per
| cent larger than last year and l1.G per
cent larger than in 1892
The volume of business. domestic and
foreign, is very heavy Exports from
New York for the week were II per cent
/ larger than last year and for FIVE weeks
y per cent. larger, while imports were
5 per cent larger, and for the five weeks
about the same.
This weeks failures have been 24S in
| the United States against 312 last year
| and % in Canada against % last year"