The San Francisco call., 1899-10-21
Dm's RevieqU of Trade.

NEW YORK, Oct. 20-R. G.. Dun & Co. s
Weekly Review of Trade will say tomorrow:
In most lines business continues to expand,
though in some there are signs that buying has
been checked, either because prices have out
the views of buyers or because recent pur-
chases have been so heavy that nobody is left
in need. Prices are still advancing, in almost
every line supported by rising prices of ma
terials and works everywhere are still crowded
to their utmost capacity while at many points
1t is found hard TO set enough competent hands.
But the volume of business expressed in values
rises much more than prices, showing a re-
markable increase in quantities of goods ex-
changed.
The outbreak of war in South Africa has
brought no such changes as many feared. In
England the markets have treated it as an
event already overdiscounted. and relations
with this country We're not appreciably af-
checked, but Of other great staples and manu-
tacturers products the foreign demand is sur
prisingly sustained.
Wheat has declined 11sc in price in spite of
unfavorable crop reports, and Western receipts
do not keep up with the unprecedented move
ment of last year, having been but 23, 454 400
bushels against 3d. 494 bushels during three
weeks of October last year. But Atlantic eX-
ports, flour included, have been in three weeks
of October 10, 679 216 bushels, against $3.50 226
bushels last year and Pacific exports 1,539, lSS
bushels, against 2 22S9, ,3l2 bushels last year Be
yond DOUBT prices would rise lar ana Iast with
such foreign demand II othcIal ana other
current reports OF yield We're fully credited.
Corn exports have been in three weeks 10, 924
406 bushels against 1902, 039 bushels last year.
Wool has also enlisted a powerful speculative
interest, and sales OF II, ,293, 600 pounds for the
week at the three central markets represent
about twice the consumption. But it is stated
that manufacturers exclusive of the American
Woolen Company have been buying quite
freely, and while goods for mems wear out
side of worsteds were not particularly active,
there has been excellent business in dress
goods.
Sales of so, 900 tons Bessemer pig and a re-
ported demand for JOG. 600 tons billets in bare
market at PittSbuTg have made quotations less
intelligent than usual Bessemer sales at S23
for next year and S24 80 for this year at Pitts
burg are reported, with billet sales at $S9 To
$40 and sales of sheet bars at $36 per ton. The
changed. While large orders for bars are re-
fused at Pittsburg by the works, which are
full for many months ahead, others just start
ing are seeking such orders at POI cents, and
the Chicago and Pttsburg markets still
full of orders for plates. although the works at
Pittsburg have nearly caught up. and some of
them are now taking only 2.75 cents, against
29 cents last week. Some works are also
taking orders for sheets at $40 cents, and in
other directions there are signs that the enOr-
nous production begins to be felt. There is a
at Connellsville which restricts delivery of
coke. the output for the week having been
100 29S tons. with more ovens in operation and
price unchanged. In the minor metals tin is
very dull and declining at 311zc. and the copper
market has been broken. Lake being freely Of
cred at 1Sc.
Failures for the week have been AS in the
United States against 221 last year, and 20 in
Canada, against "a last year.