Omaha daily bee., 1899-11-25
DUN'S REVIEW OF TRADE
Ample Currency for the Extraordinary Vol
ume Of Business.
BOND SALES OISSIPATE ANXlETIES
Sales of Wool Pass All Records
Heavy Orders in Part Reelected
by Shipments of Boots
ana shoes.
IND SALES OISSIPATE ANXlETIES

NEW YORK. Nov. PAR. G. Dun & Co. S
Weekly Review of Trade tomorrow will say:
Monetary anxietes have faded with sales
of bonds to the treasury under the recent
offer the fall in sterling exchange in spite
OF dearer money abroad and receipt of
about S75O,O0O net from the interior during
the week. There is no trouble in the COM
mercial money market, as there has been
none, and loans on securities have ruled at
easier rates. While the extraordinary vol
ume of business throughout the country
requires greater activity of currency than
In ordinary times. there is nc indication
that the volume has not been ample all the
year, and the ne course, course OF money markets
rassmont had not been due to operations
of outside industries and general trade.
The iron industry shows no yielding in
material, but little advance in Bessemer
pig at Pittsburg, with large inquiries for
next year Prices of rails are maintained
with one contract reported Of 20C00 tons for
Africa also an order for car axles covers
quoted higher; but works which have
nearly or quite filled their orders are seek
ing others Win WI, concessions SIS rs. Of " per ton
sheets and in bars at Pittsburg, while cut
nails are quoted 81 lower. The general
now c.4 per cent lower than November /,
though the average for pig iron is ! per
Sss bash ash GSpnT s IS a BY he SS ds
speculation. Lead is unchanged and spelter
is lower, with sales at $40 and aluminium
Heavy orders in the past are reflected by
the shipments of boots and shoes, amount
ing to 2f2.2S cases I'm three weeks, 1865 per
cent more than in 1897 and SEQ more than
an 1894, with other years still smaller New
business Is expected by Il continued rise of
prices, which has reached In some grades
90 cents per pair with large contracts in
grain Creole at 22isc per pair advance,
Sales OF wool pass all records, having
been at three chief markets 81, ,G9i 20S
pounds in three weeks of November
whereas October sales for five weeks were
hut 6S,3H,9S9 pounds and in only one other
full month have sales ever reached 60.010,-
600 pounds The trading is largely between
dealers and leaves no indication of
sumption. The demand for goods continues
so large as to encourage much buying by
mills In spite of the advancing prices, Cot
ton goods are rising also and print cloths
have been advancing Ac, proposed sliding
scale at FAN River having probably averted
strike, though at other cities higher
wares aro demanded. Cotton advanced
3-l6c, the decrease of nearly 100000 bales in
exports this month being more than bal
aneed by light receipts from plantations.
Wheat wearied spectators. with scarcely
any change this week. Though western re-
ceipts are 30 per cent below last years for
the week. and have been for three weeks,
but ID, l55, 93 bushels, against 2S,5ii, 1893 last
year, tho decrease In exports Is heavy.
From Atlantic ports the outgo for three
bushels, against ll,2G5l53 last year. Pacific
exports for the last three weeks have been
2,7ia, i57 bushels, against 800 last year.
So slender a foreign demand in Atlantic
markets, with prices as low as they have
betn, tends strongly TO prevent rise in
prices and the exports OF corn also have
some influence, amounting for the three