Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-09-23
PRICES STILL HIGH.
REVIEW OF THE WEEK IN TRADE
SHOWS FINE CONDITIONS.
ADVANCES ALONG MANY LINES.
cereals, Cotton, Iron, steel, and Pc
troIeum Are StrOnger-Increasc
Export DemRnd--Immense Wheat
and Corn Exports.

NEW YORK, September 22.-Brad-
Streets tomorrow will say:
satisfactory trade and price conditions
apparently still reign. SO few, in fact,
sre the reports Of poor trade that favor
,rs reports may be said to be almost
unanimous. An expanded volume Of fail
trade is indicated by the aggregate Of
hank clearings for the week. though re-
ports from some markets point to the
greatest rush being over.
prices maintain oil their former
strength. decreases being few and rela-
avly unimporant. In several lines, no.
..b'y the cereals, cotton. petro.- lrn, iron,
end steel the tendency has been toward
lChsr levels. Cotton has been notably
stronger and active. Short crop estimates
.-s becoming more generally current, and
tsrish estimates Of maximum yields
ave been practically discarded, more es-
-r.allv as ii is claimed that agents OF
Felieh spinners are heavy buyers at
Ha south. and domestic manufacturing
conditions are known TO be in high de-
gree favorable.
STEADY FOREIGN DEMAND.
Steady demand for export and conh-
dercs i'm all OF this years wheat crop
being needed have proved stimulating IN
the face Of heavy receipts ana admitted
lv large present supplies. Possibility or
war in the Transvaal, too, have been an
additionally strengthening feature. Iron
and steel are higher on a moderate VOL
urne Of new business and the steady
placing Of orders indicates confidence IN
present values we'll on into the middle Of
Pic iron however is nearer
q parity with consumption, the ultimate
Effects OF enhanced quotations upon de-
maud is not yet settled, and imports from
abroad. while not likely TO be Of heavy
volume Immediately. are a feature which
NAV have 10 be dealt with next year.
THE scarcity Of beef cattle is reflected
.n sin higher prices and strength Is
shown i'm domestic hides. which also feel
fte impetus Of steady demand from
rsrufacturers Of leather. No signs OF
abatement in the sugar war are TO be
seen: price cutting is active and prices
ar. demoralized. Other groceries, how
ever. are firm. as are most other lines,
with the exception Of cheese and tin
which note some easing in price from
their recent advance.
Most lines OF manufacturing return
s'rlknr'y good reports. notably IN thls
Respect being cotton and woOllen goods.
"N0ol IS higher at London and sympa-
neuc8lly stronger here, and expectations
81. good export trade for fine grades of
Domestic are entertained. The coal trade
reflects weather and the trade conditions
ia sun further improved demand, and
PREDICTIONS are Of further advances later
90 the season. Demand for lumber, though
ilielfered with by strikes at number
o. markets. is reported very strong, and
scarcity VI cars and Of boats Is reported
cutie generally in the West This scarcity
of transportation. however. is not limit
el % tha lumber trade, similar reports
coming from the coal and iron industries.
MOVEMENT OF WHEAT AND CORN.
Wheat including nOur-shipments for
th5 week. aggregate 4.63O,7G5 bushels,
against f58G55g bushels last week, 5.22i.SZI
bushels iu The corresponding week Of 1878
5,aA5 bushels in 1897. 393O.l6G bushels IN
A6 and 1851 .S07 bushels in 1870. since
July lst. this season, the exports OF
wheat aggregate 4CCi3, $50 bushels, against
AH08 bushels last year, and O15lO,J-o
bushels IN lS7-9s.
Corn exports for the week aggregate
,EisJ bushels. against $3.50, 75i bushels
.ast week, 2.e25 .292 bushels in this week a
year ago. 4oZ2142 bushels I'm 1891 2, .5l0,fl9
bushels in 1896. and .3GO,e2J bushels in 1886.
Since July lst this season. corn exports
aggregate 53l5j.528 bushels, against 1885,
% bushels during the same period year
ego. and 3s 800 gH bushels I'm 1878.
business failures for the week num-
b,rod az. as compared with 1i9 last week
l2 in This week a year ago, PSI IN 1881, 81
IN 1906 and l9S IN 1876. Business failures
Or the week IN the Dominion Of Canada
number %. as against "a last week, ~ In
this week a year ago. IS in 1891, "a in 1885,
and g In 1896"