Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-02-25
TRADE SITUATION.
CONTINUED CALL FOR SUPPLIES ~
IRON AND STEEL.
Special STRENGTH IN COTTON GOODS.
Cereals Remain stesdy-Rnw sugar
slightly Higber-Lumber Prices Tn
chsnxed-Whest and Corn Ex-
ports-Hecord of Failure.

NEW YORK. February 24-Bradstreet'
Tomorrow will say:
Iron and steel and cotton goods have
shared IN public interest this week. be-
cause Of urgency In demand and conse-
quent buoysnoy in prices. In the former
Industry the striking feature has been
the continued call for supplies alike Of
raw and Of manufactured material not
on domestic but even on foreign account
and II IS as yet too early % ascertain
the effect Of the numerous and heavy
advances announced during the week upon
the export demand II f.. Of course. 10
be remembered that iron and steel are ln
active demand at the best prices the
world over and II IL encouraging 20 End
that export buyers Of pig-iron are follow
ing Up their demands IN this line. II f.
beginning 10 be Questioned. however.
whether this country can hold its export
trade IN some products. n present price
tendencies continue. A notable example
Of this Is furnished In steel rails. which
are now Up 90 a parity with quotations
IN other countries. and some business IS
said 90 have gone abroad because of
this. Iron and steel prices. as A whole,
are from Is 20 70 per cent. higher than
they we're this time a year ago, and de-
spite the cost Of production and export.
II Is said that profits are but little below
those Of 1879.
COTTON GOODS.
In cotton goods. as in iron and steel and
a number Of other PRODUCES active export
demand seems 20 have been az the bot
tom Of the Improvement Of the last three
months The last week has witnessed
specially marked strength print-c oths.
finghams and gray cottons all sharing
in the price advances. The export trade
I'm cotton goods e. the largest ever known
for the period since January lst, being
more than double the value Of exports a
year ago. Cotton Itself Is rather easier,
and slightly lower on the week. the result
partly Of q slightly increased movement
AZ the South.
THE CERAI.S AND SUGAR.
Cereal products remain steady. and but
little changed in price. partly because ~
the approach OF the crop-scare season.
and also because Of liberal export calls.
Notwithstanding heavily Increased re-
ceipts and continued cutting Of refined
sugar by the warning rehners. raw sugar
Is slightly higher on the week. apparently
on the growing appreciation Of improved
statistical conditions.
Lumber IL reported quiet at some mar
kets as result OF the late stormy wea-
Their but all markets report prices un-
changed except where quotations have
been sull further advanced.
WHEAT AND CORN
wheat. including -four shipments FOR
the week aggregate 3.AiKs bushels.
against assam bushels last week 3 l22 ies
bushels I'm the corresponding week NJ 1870.
/ .g72. 2l6 bushels IN 1897. 22067l3 bushels ia
1896. and 2 6se OgS bushels Ia $50. Since july
lst this season the exports or wheht
aggregate i62. sg7.3fs. against lsl .A4io0
bushels last year
Corn exports tOr the week aggregate e.
s7l.O57 bushels. against 1.JsOsD last week.
go. 100 bushels 90 this week a year ago.
47A.Ss bushels in 1897. 3iJs3ls bushels IN
1896. and 81. 81 bushels In 1895. Since July
ist this season corn exports aggregate
107.ni.17 bushels. against nAlb0b bushels
during tho same period "a year ago.
FAILURE FIGURES.
business failures for the week number
220. a gain OF 6O over last week. and CONF
pared with ls3 IN this week a year ago;
IS IN 1877. 271 IN 1896. and "a In 1895.
Business failures number 30 in Canada,
against % last week. g. in this week
year ago. % IN l@7 81 In 1876. and ~ In
1888.