The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-10-21
olives in bulk at A. Nj. Stevens
DUN's REVIEW.
Prices Are Still Advancing All Along the

Prices Are Still Advancing All Along the
Line.
New York, Oct. 20.--R G. Dun & Co.'S
Weekly Review of Trade will say to-mor-
row: We. Wy. t.,t
In most lines business continues to ex-
pand, though in some there are signs that
buying has been checked either because
prices have outrun the views of buyers or
because recent purchases have been SO
heavy that nobody is left in need. Prices
are still advancing in almost every line,
supported by rising prices of materials,
and works everywhere are still crowded to
their. utmost capacity, while at many
points it is found hard to get enough COM
netent hands. But the volume of business
expressed in, value shows a remarkable
increase in quantities of goods exchanged.
The outbreak of war in South Africa
has brought no such changes as many
feared. In England the markets have
treated it at discount. and relations with
this country We're not appreciably affect
ed. The outgo of cotton is just now check
ed, but for other great staples and manu-
featured products the foreign demand is
surprisingly sustained.
Wheat has declined 11sc in spite of unfa-
vorabie crop reports. and Western re-
ceipts do not keep up with the unprece-
denied movement of last year, having
been but 23454, 400 bushels against 80, 1872 494
bushels during the three weeks of October
last year. But Atlantic exports flour in
Guided. have been in three weeks of Oc-
tober 1o679,216 bushels against 9,6S6,226
bushels last year. and Pacific exports
1.5391S bushels against 2.2S9,312 bushels
last year. Beyond doubt prices would rise
far and fast with such a foreign demand
if official and other current reports Of
yield were fully accredited.
Corn exports and testimony as to for
eign needs have been in three. weeks TO-,
h,1sh el
year.
Wool has also enlisted a powerful spec
ulative interest and sales Of 1928 900
pounds for the week at the three central
markets represent about twice the con-
sumption. But it is stated manufacturers,
exclusive of the American Wooden COM
pany, have been buying quite freely, while
goods for mems wear. outside of worsteds,
were not particularly active.
Sales of $4,000 tons of Bessemer pig and
a reported demand for 100000 tons of bill
let's in a bare market at Pittsburg have
made quotations less intelligent than us
ual. Bessemer sales at $23 for next year
and $3.50 for this year at Pittsburg are
reported, with billet sales at 500 and $40
| and sales of sheet bars at $36 per ton.
| The Western market is strong and the
| Eastern not changed. While large orders
| for bars are refused at Pittsburg by the
works, which are full for many months
ahead, others just starting are seeking
such orders at 81 cents, and the Chicago
and Pittsburg markets are still full of or
ders for plates, although the works at
Pittsburg have nearly caught up and
! some of them are now asking only 2.7i
cents against $50 cents last week. Some
works are also taking orders for sheets at
$40 cents and in other directions there
are signs that the enormous production
begins to be felt There is possibility OF
a check, owing to the shortage of cars a,
Connellsvlle, which restricts delivery Of
coke, the output for the week having beer
109992 tons, with more ovens in operation
and prices unchanged. In the minor met
ais tin is very dull and declining at size
and the copper market has been broken
lake being freely offered al 1sc
Failures for the week have been 145 il
the United States against 221 last year ant
20 in Canada against "a last year.