The times. [volume] (Richmond, Va.) 1890-1903, 1899-11-11
THE WEEKLY
TRADE REVIEW
Strength of Prices the Leading
Feature of Situation.
ELECTION DAY 0BSERVANCES
Create Little Disturbance High
Prices Of Finished Iron aud Steel
Products are Turning Away
Export Business.
ELECTION DAY 0BSERVANCES

NEW YORY. Nov. n.-B.adstreets TO-
morrow will say:
strength OF prices, a natural outcome Oh
past and present active demand, Is sun
The leading feature OF the trade situation
Notwithstanding tina unseasonably warm
weather in some sections OF the country
tend to restrict retail distributive trade,
and necessarily exercises some effect
upon recorders from an collections by job
hers. Less than ordinary interruption Is
indicated by election day observances. The
strength OF textiles. both raw and manu-
featured has been further accumulated
during the week. increases being noted in
raw cotton WOOL and hemp.
The strength of textiles, oils and INSECT
laneous products was calculated to onset
the weakness In irresularity IN metals not
including iron and steel, however, cereals
ana other food products.
kaW cotton advanced easily THIS weeh
on an appearance Of better buying by
foreign consumers, induced ny reports VI
frost damage. statistics OF small move
mcnt and active domestic demand from
the manufactured product. Realizing later
4tllIdlAtl sOlilN AAAfPAANAAN "N
element to this staple. Wool has been
equally strong though transactions are
smaller. and a material gain in prices Is
to be noted. while from the manufactured
goods branch come reports of confident
strength and of probable future advances
in mems wear goods and carpets.
DIZZINESS IN WHEAT.
Cereals appear TO hav reached a high
level. with prices showing little or no
change. The dullness Of wheat finds eN-
PLANTATION in Bradstreets statistics OF
worlds stocks. which indicate a gain for
the month OF over 100000 bushels contri-
buted entirely from American sources, as
foreign supplies showed a slight shrink
age.
Corn Is steady. Notwithstanding liberal
estimates Of yield and largely wins 10
the readiness Of foreign buying at con-
c~essiOns.
Signs accumulate that shoe manufac-
turers and iObbers are meeting with sue
cess in securing recently advanced prices.
Hides and leather are sympathetioally
strong and shoe manufacturers are actlyeiy
employed.
Activity in lumber is a feature at many
markets and strength Of prices is no less
marked.
In iron and steel there is rather more
~irregularity noted. Active demand on
railroad account has induced an advance
i'm iron and steel bars OF s. per ton. but
steel biilets are lower. There is a heavy
volume Of business reported in pig iron
for late 1900 delivery and that product is
slightly higher al the East. Blast fur
mace statistics for October point 10 a
further incnease in production, but stocks
again show a decrease, pointing 10 con-
sumption still outstripping production
Copper Is dull at the present decline and
tin IS rather weaker.
HARDWARE ACTIVE.
In hardware. both heavy and light SORT
are active in the West, but the East Is
not so favorable.
High prices are turning away export
business in finished products but Inn
ports show little. II any. expansion.
Wheat. including flour shipments, for
the week. 4,6J0.s42 bushels, against $685.
$50 bushels last week, 3,l5S,68 bushels IN
the corresponding week Of 1875, 6A5.542
bushels in 1891. 4.G6Ijl5 in 1896, and $780,
OBS bushels in 1888.
since July /. this season. the exports or
wheat aggregate T.239,s9S bushels against
1922 PIG bushels last year, and S5'Jls''5i
bushels in 1878.
Corn exports Tor tne "teh 7'oiff
bushels against f508,i2j bushels last Week
2.3f2.7 4j in this week a year ago, 2go'o46
bushels i'm 1891. 3.7S2. O96 bushels In 1885, and
1921 AS in 1895.
Since July lst. this season. corn exports
aggregate S3.473,2l1bushels against S,Zyt,-
1q2 during the same period d year ago,
and 53460,G50 bushels in lssl-SS.
Business failures for the week l62 as
compared with ia last week. lS1 In this
week a year ago. 273 in 1891. 25S in 1885, and
279 in 1888.
Business failures I'm the Dominion OF
Canada number . as against q last week,
80 in this week a year ago, 80 In 1891, a In
1885. and a. in 1895.