The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-11-18
GENERAL TRADE GOOD.
Prices Stronger than for Years Past
Iron and Steel Quiet

NEW YORK, Nov. 17.-Bradstreet's to-
morrow will say: General trade and indus
try continue at a maximum volume for this
season of the year, while prices. as a whole
manifest strength unapproached in re-
cent years Strength of values is still most
notable among manufactured textiles, but
cereals, hides, leather and manufactures
thereof have also strengthened slightly. On
the other hand. pork products, raw cotton
and tin are slightly lower. The great ma
jority Of prices. however, remain firm at
unchanged quotations. The strength of cot
ton goods this week. partly the result of
active demand and also of heavily reduced
available stocks, has been in striking con-
trast with the irregularity and at times
weakness manifested by the raw product.
A flock of low crop estimates have made
their appearance and have been accom-
panied by heavy realizing and some in
crease in movement. An active consumptive
demand for wool is reported at all leading
markets, accompanied by a fair export de-
mand and further reduction in stocks
cereals do not manifest any striking
cnange this week, but the resisting power
OF the market is apparently greater more
moderate receipts of wheat at the West in
uuclng some covering. and corn is Sympa-
thetically stronger. Another feature nat
OF year is the active demand for. but gen.
orally reported small stocks of coal avail
able, both East and West. Lumber displays
continued strength and advices are of an
expected very heavy cut this winter. both
in the Northwest and at the South Some
shading in provision prices is noted, large
ly as result of heavier receipts Of hogs.
Sugar is in rather slow demand, notwith-
standing reiterated reports of the settle
ment OF the war among refiners.
The market for iron and steel is rather
a mi a 6nv n
both for pig iron and steel Is reported at
Chicago. While export business has been
reported checked it is interesting to record
port placed this week. Reports are also
that large foreign contract for rails has
been secured. Some shading in prices of
bessemer pig iron is higher. In other metals
feature has been a decline in tin, both
at home and abroad lpartly recovered lat
changed. In hardware further decline in
builders grades is reported, but already
some orders for next springs delivery are
being placed.
week aggregated s,54O.0o7 bushels, against
1850, Si2 last week. 5,619,l41 in the correspond
Ing week Of 1898, 65S3. 792 In 1897. 1888, 2S3
season the exports of wheat aggregate ST.
1850 bushels. against S,@9S57 last year
and s5.97S,52s in 1928; Corn exports for
4,5Sl,44I last week, 1881, 7A in this week a
year ago $500. $40 in 1851, 2.975 1a in 1896 and
s sxb IN i Snee July this
against 56.SS,916 during the same period a
year ago and $3.50. 40 in 1928.
Business failures in the United States for
the week number 1919. as compared with 1S2
last week. DO in this week year ago %
in 1897, sos in 1896 and 323 in 1895. Business
failres IN the Dominion Of Canada for the
week number 49, as compared with q last
week, p in this week a year ago, 81 In 1897,
Al in 1896 and ~ in 1885,.