The times. [volume] (Richmond, Va.) 1890-1903, 1899-10-21
BUSINESS IS
STILL GROWING
Except in Some Lines Where Prices
0utrun the Buyers.
EXPORT TRADE IS IMMENSE.
Its Volume Rising More Than Prices.
Prices of Iron Still Rule High
Though Some New Concerns arc
Putting Them Down.

NEW YORK. oct. OR. c. Dun x
Co.'S Weekly Review of the Trade will say
Tomorrow:
In most lines business continues 70 eX-
pand. though in some instances there are
signs that buying has been checked either
because prices have outrun the views OIL
buyers or because recent purchases nave
been so heavy that nobody Is left IN neeu'
Prices are still advancing in almost every
line. supported by rising prices OF mate
rials. and works everywhere are sun
crowded 10 their utmost capacity, WINE
at many points IL Is found hard 10 get
enough competent hands. But the volume
of business exported I'm value rises much
more than prices. showing a remarka-
bic increase I'm quantities Of goods eN-
ported.
The outbreak of war in South Africa
has brought no such changes as feared.
The outgo of cotton Is just now checked
but of otner great stapies and manutae-
tured products the foreign demand is
surprisingly sustained.
GRAIN EXPORTS.
Wheat has declined 1 II cents in price
in spite of unfayorable crop reports and
Western receipts 90 not keep up with the
Unprecedented movement of last year,
having been but 23454, 40 bushels against
90 397 ,Aif during three weeks OF october
last year. Hut Atlantic exports, flour
included, have been three weeks Of Octo-
Der, 10,7eO2l6 against 1856 226 last year,
and Pacific exports l53s lSS against 2.-tS'-
3l2 last year. Beyond doubt prices would
rise far and fast with such a foreign de-
mand If official and other current reports
OF yield were fully credited.
Corn exports add testimony as to foreign
needs having been I'm three week l0i30,-
460 against 7OC2.039 bushels last year.
The upward movement of cotton three
sixteenths for the week, has now come 70
depend largely upon a great speculation,
for farmers by the thousands are now
holding back cotton 20 some extent. The
consumption is heavy. but might be much
larger. even with the lowest estimate OF
yield. without exhausting the visible ana
mill supplies
Prices OF goods have risen so far that
there IS some doubt whether they can be
maintained. Wool has also enlisted a
powerful speculative interest, and sales.
II. $50 coo pounds for the week. at the three
chief markets represent about twice the
consumption. But it Is stated that manu-
facturers exclusive OF the American
Woollen Company have been buying qnite
freely. and white goods for mems wear.
outside of worsted. were not particularly
active. There has been excellent business
in dress goods.
IRON AND STEEL.
Sales Of 5000 Bessemer pig and a report
ed demand for 100. eco tons billets I'm bare
market ar Pittsburg have made quotations
less intelligent than usual. Bessemer sales
at SO for next year and $3.50 for this
year ar Pittsburg. are reported. with bill
let's sales ~ So and so. and sales Of sheet
bars az $36 per ton.
The western market is strong and the
eastern not changed
While large orders for bars are refused
at Pittsburg by the works which are fun
for many months ahead. others just start
ing are seeking such orders a. 81 cents
and the Chicago and Pittsburg markets
are still fun OF bids for plates. although
the works az Pittsburg have nearly caught
ND and some are now taking 299 cents
against 800 last week. Some works are
also taking orders for sheets at 303. and
I'm other directions there are signs that
the enormous production begins 10 be felt.
There is q possibility Of check owing TO
the shortage Of cars at Connellville. which
restricts delivery OF coke. the outnut FOR
the week having been 1920 tons with
more ovens in operations and prices UNI
changed.
In the minor metals. tin is very duh and
declining az 81 IL cents and the copper
market has been broken Lake being free
" offered at IS cents.
Failures for the week 1i5 I'm the United
States against 221 last year, and % in
Canada against "a last year.