The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-11-11
ONLY CEREALS ARE FLAT.
Bradstreet Reports an Astounding Ac-
tivity i'm business.

NEW YORK Nov 1O-Bradstreet's to-
morrow, will say: Strength of prices, nat
ural outcome of past and present active de-
mand, is still the leading feature Of the
trade situation Notwithstanding that
seasonably warm weather in some sections
of the country tends to restrict retail dis
tributive trade, and necessarily exercises
some effect upon recorders from and collec-
tons by jobbers. Less than ordinary inter-
ruption is indicated by election-day observ-
ances. The strength Of textiles, both raw
and manufactured. has been further
centuated during the week, increase being
noted in raw cotton, wool and hemp. The
strength of textiles, leather, oils and mis-
celaneOus products was calculated to or
set the weakness and irregularity in metals,
not including iron and steel, however
cereals and other food products Raw cot
ton advanced easily, this week, on an ap-
pearance of better buying by foreign con-
sumers, induced by reports of frost dam
age statistics of small movement and act
i've domestic demand for the manufactured
products. Realizing, later, impaired some
irregularity and even excitement TO this
staple. Wool has been equally strong,
though transactions are smaller, and a ma
terial gain in prices is to be noted. while
from the manufactured goods branch come
reports OF confident strength and of prob
able future advances in mems wear goods
and carpets.
Cereals appear to have reached a dead
level. with prices showing little or no
change The dizziness OF wheat at domestic
markets finds explanation in Bradstreet S
statistics of worlds stocks which Indicate
a gain for the month of over 100000 BUSH
els contributed entirely from American
showed a slight shrinkage. Corn is strong,
notwithstanding. rather more liberal current
| estimates of yield, and largely owing to the
Signs accumulate that some manufacturers
and jobbers are meeting with success IN
securing recently advanced prices. Hides
and leather are sympathetically strong and
shoe manufacturers are actively employed
Anxiety in lumber is a feature at many
markets and strength of prices is no less
marked.
In iron and steel there Is rather more ir-
regularity noted. Active demand on rail-
road account has induced an advance in
iron and steel bars of s. per ton, but steel
bilets are lower. There is a heavy volume
OF business reported in pig iron for late 1900
delivery. and that product Is sngntiy hlgh-
er at the East. Blast furnace statistics, for
October, point to a further increase in pro-
duction. but stocks again SHOW decrease.
pointing to consumption still outstripping
production Copper is dull at the recent de-
cline, and tin is rather weaker.
Wheat, including. flour, shipments for the
week aggregate 4,465, 42 bushels, against
3o4s.S56 last week. 800 :693 in the CORE
spending week of 1898. 5,445.542 in 1897. 1864
SIS in 1896. and 3, 024 in 1895. Since July /,
this season the exports of wheat aggre-
gate Il 239 S5s bushels. against Il ,s2o.216 last
year and So 319 734 in 1897. Corn exports, for
| the week aggregate 4.5SS.447 bushels.
against 4.5o3. 425 last week, 2.3i2. 745 in this
week a year ago. 2s5l $40 in 1897. 3.7S2 oss in
| 1896. and 1921 AIS in 1895. Since July /, this
season. corn exports aggregate sc, 473, 2i7
| bushels. against 53.297,192 during the same
period a year ago, and s.. AGO $50 in 1897.
| Business failures for the week number
| 49, as compared with Ia last week. Isl in
| this week a year ago. 273 in 1897, 25S in 1896
and 279 In 1895. Business failures in the Do
| minion of Canada number 90 as against 2l
| last week. 30 in this week a year ago, SO I'm
| 1897 A in 1896 and Is in 1895.