The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-11-25
ACCORDING TO RRADSTREET.
Course Of Prices a Good atiOn Oi
UneNampled Prosperity.

NEW ORK Nov. 24.-Bradstreet's to-
morrow will saw: "A striking illustration Of
the underlying strength of the general
business situation is furnished this week
by the course of prices. Almost without
exception prices of staples remained firm
at previous quotations or manifest a still
further pronounced tendency upward.
This, too, has occurred in face of a rather
smaller distribution in the ordinary trade
channels tnan has been noted in recent
weeks. So far as autumn and winter
trade is concerned the complaint of I'M
s~easonably mild weather restricting retail
distribution is reported from many cities,
but rising superior to this and to the I'M
questionably smaller distribution at first
hands is the accumulated strength of tex
tiles, but particularly cotton goods, which
reflect some ADDED strength of the raw
product, due to smaller receipts and letter
foreign advices. but in a larger measure
also portray the influence of active de-
mand coming On a market exceptionally
bare of stocks. A further advance in
print cloths. a feature this week, has
brought the quotation for standard grades
up to 3 cents, a point not touched in four
years past. Raw wool is higher on the
week at all markets, on active demand
shared in by the manufactured material,
for which a good demand has been expert
enced, and in which further price adj
vances are expected. The American mar
ket for wool is still claimed to be the
cheapest in the word. The dullnesS
heavy winter goods produced by the pres
ent warm weather has not as yet served
to impair confidence in wholesale lines.
Cereals remain, on the whole, dull and
uninteresting, and price fluctuations are
within an exceptionally narrow range,
with quotations ruling about what they
were one year ago. Copper is strong on a
perceptibly improved demand, chiefly in
electrical lines. Coffee has advanced.
partly on the fear of interruption of ship
ments by quarantine restrictions, and also
because of reduced receipts at Brazilian
ports, coupled with stronger European adj
vices. 4
Iron and steel are s~easonably quiet after
a year of u~neXampled activity, but the
price changes recorded serve TO impart an
appearances rather of ~irregularity than OF
weakness, some makes of steel. particu-
larly plates and sheets. being lower, while
bessemer pig iron is higher on the week.
Authorities in the trade consider prospects
of maintenance of principal conditions of
price and demand during 1900 as quite IA
vorable. A feature of the market is the
presence of what might be termed sup
porting orders, which will be forthcoming
at small recessions. Despite prophecies of
checked export trade. a large foreign or
der for rails is reported placed this week.
Coke production is on an unexampled
scale, and arrangements for next years
supplies are TtppTlcu Ccflpltltu, Dut the
iron ore situation is yet to be settled.
though a doubling of last seasons early
agred-on price Is not unlikely. Notwith-
standing a total estimated production of
As, 600 tons OF anthracite coal this year,
an increase of u per cent. on last year.
demand has been so good that stocks are
at a minimum. A good volume of business
is doing I'm hardware, particularly at
Western points, and the spring outlook Is
confidently regarded.
Wheat dncluding -FOUR shipments for
the week aggregate 3,6SS.bsf bushels.
against 4.54O.007 bushels last week. 5.s24. 7a6
bushels In the corresponding week OF 1905.
5. 465. 1s2 bushels in 1897. 3.753.69S bushels in
1896 and 2.46V.316 bushels in 1885. Since July
l this season the exports OF wheat aggra-
gate IS. 4ss. $40 bushels. against So. l24. 0ss
bushels last year and 101, i3s. 679 bushels I'm
1897. Corn exports for the week aggregate
Alas, SIS bushels. against 4~.603.17S bushels
last week, 1888, SAC bushels In this week a
year ago. 2.ss9. 7O5 bushels in 1897. 2.93. 500
bushels in 1896 and 1.S0.S93 bushels in 1895.
Since July l this season corn exports ag-
gregate 81. 226, ass bushels. against 50. So. S63
bushels during the same period a wear ago
ana 50, $40. Isv bushels In 1897.
Business failures In the United States
tend to increase slightly. as usual at tn.s
Dsriod. and number BOZ for the week. as