The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1899-11-11
Strength Of Prices is Still the Lead
ing Feature,
Notwithstanding Warm Weather Tends TO
Restrict Retail Trade.
Increases In Price Noted in Raw
Cotton, Wool, Hemp, IRON and
Steel Bars and Pig Iron-Less
Than Ordinary interruption In
dictated in Election Day OBJ
servauceS.

NEW YORK, Nov 10.-tBradstreet's
Tomorrow will say:
Strength of prices, a natural out
come of past and present active de-
mand, is still the leading feature of the
trade situation, Notwithstanding unreal
sonably warm weather in some sections
of the country, tends to restrict retail
trade and necessarily has some effect
on recorders and collections by job
bera. Less than ordinary interruption
is indicated by election day observ-
ances. The strength of textiles, both
raw and manufactured has been further
accentuated during the week, increases
being noted in raw cotton, wool and
hemp.
The strength of textiles, leather, oils
and miscellaneous products was cal
culated to offset the weakness and If
regularitieS in metals not including
iron and steel, however), cereals and
other food products
Raw cotton advanced easily this week
on an appearance of better buying by
foreign consumers, induced by reports
Of frost damage, small movement and
a domestic demand for the manufac-
tured product. Realizing later i'm
parted some irregularity and even ex-
element to this staple
Wool has been equally strong, though
transactions are smaller and a mate
rial gain prices is to be noted, while
from the manufactured goods branch
it was reported of confident strength
and Of probable future advances in
mems wear goods and carpets.
Cereals appear to have reached a
dead level, with prices showing little
or no change. The dullness of wheat
at domestic markets finds explanation
in Bradstreet's statistics of worlds
stocks, which indicate gain for the
month of over 100000 bushels, con-
tributed entirely from American
sources, however, as foreign supplies
showed a slight shrinkage.
Signs accumulate that shoe manu-
facturers and jobbers are meeting with
success in securing recently advanced
prices. Hides and leather are sympa-
thetically strong, and shoe manufac-
turers 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
irregularity noted. Active demand on
the railroad account has induced the
advance in iron and steel bars of So per
ton, but steel billets are lower. There
is heavy volume of business reported
in pig iron for late 1900 delivery, and
that product IS slightly higher at the
East Blast furnace statistics for De-
tober point to a further increase in
production, but stocks again show
decrease, pointing to consumption still
outstripping production. Copper is
dull at the recent decline, and tin is
rather weaker.
In hardware business is relatively
more active at the West, heavy and
light sorts being equally active, but in
builders grades the outlook at the
East is not so favorable.
High prices are turning away ex-
port business in finished products, but
imports show little if any expansion.
Wheat dneluding fiour shipments for
the week aggregate 4, 49, S42 bushels,
against 3,039,S56 bushels last week;
3.1O4 693 bushels in the corresponding
week of 1898: .. AS, 542 bushels in 1897;
1864 515 bushels in 1896 and 1926, 023
bushels in 1895. Since July 1st this
season the exports of wheat aggregate
bushels last year and S9,319, 1874 bushels
in 1S97-9S.
Business failures for the week num-
Der 1872 in the United States, as COM
pared with ia last week: 1877 in this
week year ago, 273 in 1897, 25S in
1898 and 279 in 1895 Business fail
ures in the Dominion of Canada num-
Der %, as against p last week: 80 in
this week a year ago, 80 in 1897, A in
1896 and 45 in 1895
NEW YORK, Nov. 10.-R. G. Dun &
Co. s. Weekly Review of Trade" to-
morrow will say:
The most noteworthy feature of the
time is the rise in prices. Cotton rose
on Wednesday to 7.S1 cents, with much
excitement, putting the price ~ cents
higher than it was a year ago, and yet
it was still higher in September, 1891
Wool has risen relatively more, about
10 per cent in two weeks, and the av-
erage of 100 quotations by Coates Bros