Omaha daily bee., 1899-10-21
DUN'S REVIEW OF TRADE
Most Lines Of Business Show Incrsastd d
Activity During Week,
WAR IN AFRICA MAKES MILD IMPRESSION
Eject of Ipcn HostiIities Has Already
Been DiscountedJ-Foreig De-
mnnd Surprisingly Well
Sustained.
NEW YORK Oct. 2O,-R. G. Dun & Co s
Weekly Review OF Trade will saw tnmnrrnw

NEW YORK Oct. 20.-R. G. Dun & Co.'S
Weekly Review Of Trade will say tomorrow:
In most lines business continues to eN-
pand, though IN some there arc signs that
puE'hg mas been checked either because
prices nave outrun the views of buyers OF.
because recent purchases have been so
heavy that nobody is left in need. Prices
are sil! advancing in almost every line,
supported by rising prices of materials
and works every VIII, re are sill crowded to
their utmost capacity, while at many points
II Is found hard to get enough com. etent
hands, But the volume of business ex-
pressed in values rises much more than
prices, showing a remarkable increase in
quantities of goods exchanged.
The outbreak of war in South Africa has
brought no such changes many feared.
In England the markets have treated 1t as
an event already OverdiscOunttl and rela-
tiGnS with this country were not appreci-
ably afI,ted. The outso of cotton is Just
now checked, but of other great staples and
manufactured products the foreign demand
is surprisingly sustained.
Wheat has declined 12c in price in spite
of unfavorabe crop REPORTS ana western
receipts do not keep up with the unprece-
denttd moyement OF last year. having been
but b 2Si5tii9o bu against So,5e2, i9i during
thre! weeks of October last year. But At
lantic exports -four included, nave been in
three weeks of October 1O67S,2l6 bu..
against 96Sb,226 bu. last year, and Pacific
exports l,5S9,lSS bu,, against 2,29s,3l2 bu. last
year. Beyond doubt prices would rise far
and fast with such a foreign demand II
were fully credited. Corn exports add their
money as to fcrLgn needs, having been in
three weeks 1O,92i,4o6 bu., against 7Oo2, ,039
bu last year.
The upward movement of cotton. S-16c for
| the week, has now come to depend largely
, the thousand are now holding back cotton
| to some extent, while important banking
and trading interests are enlisted. The
consumption Is heavy, but might be much
| larger, even with the lowest estimate OF
| yield, without eXhausting the visible and
mill supplies. Prices of goods have risen
4 a Fn no thntn T. ln,,t Il tk,.N,
| they can be maintained. Wool has also en-.
| listed a powerful speculative interest and
| the three central markets represent abou,
! twice the consumption But 1t is stated
| that manufacturers, exclusive of the Ameri.
quite freely and, while goods for mems
| wear outside of worsteds were not par.
| ,tcularly active there has been excellent
business in dress goCEs
Sales of $4,000 tens Bessemer pig iron anG
| a reported demand for 100000 tons bilets il
u bare market at Pittsburg have made quo
tations less intellsent than usual Bes9e.
mer sales at $3.50 for next year and $24.5(
for this year at Pirtsburg are reported
with billet sales at $500 to $1,000 and sales
market is strong and the eastern no,
changed. While largo orders for bars are
are fun for many months ahead, others jus
starting are seeking such orders at 81 cents
and the Chicago and Pittsburg markets ar,
| still full of orders for plates, although the
| works at Pittsburg have nearly caught VI
and some of them are now taking only 2
| cents, against $50 last week. Some work:
are also taking orders for sheets at 81
| cents and in other directions there are sign:
| that the enormous production begins TO b,
| felt. There is possibility of check, owini
to shortage of cars at Connellsvtlle, which
| restricts delivery of coke. the output TO
the week having been 19029S tens, with
| more ovens in operation and prices un
| changed. In the minor metals tin is yer.
dull and declining at $3.50 and the cope
market has been broken, lake being freel.
| offered at $500.
Failures for the week have been 145 II
the United States, against POI last year
and 20 in Canada, against "a last year.