The Oskaloosa herald., 1899-10-26
REVIEW OF TRADE.
Leading COmmer ciaI Agencies Report
Continued Expansion I'm
Some Lines.


New York, Oct 21.-R. G. Dun & Co.'S
weekly review of trade says: In most line :
business continues to expand, though in
some there are signs that buying has been
checked either because prices have out
run the views of buyers, or because rec
purchases have been so heavy that nobody
Is left in need. Prices are still advancir z
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 competent hands. But the volume OF
business expressed in values rises much
more than prices, showing a remarkable
increase in quantities of goods exchanged.
The outbreak of war in South Africa Ia
brought no such changes as many feared.
IN England the markets have treated it as
an event already overdiscounted, and rela-
tons with this country were not appre-
ciably affected. The outgo of cotton is jus
now checked, but of other great staples ard
manufactured products the foreign demand
surprisingly sustained.
Wheat has declined 11ac in price in spite
If unfavorable crop reports, and west
srn receipts do not keep up with the un.
precedented movement of last year
Sales of $4,000 tons of Bessemer pig and
4 reported dema nd for 100 coo tons of biIiets
in a bare market at Pittsburgh, have made
quotations less intelligent than usual. Bes-
VI
for this year at Pittsburgh are reported
with billet sales at 500 to $40, and sales OF
sheet bars at $36 per ton. The western
market is strong, and, the eastern no
changed.
Failures for the week have been 145 IL
the United States, against 221 last year, anc
20 in Canada, against "a last year"
Bradstreets says: More nearly, per
haps, than ever before does the volume Of
general trade and industry tax existing
transportation facilities handling tn
same. From nearly all parts of the coUn-
try, but particularly from the west ard
south, come reports of car scarcity. Som
of this congestion seems to be the result o
a diversion of traffic ordinarily carried or
by water routes to already crowded rail-
roads.
with few notable exceptions prices con.
tinue strong. A number of lines have ad-
vanced quotations while the great body of
staple articles manifest all their Old firm.
aess Some weakness in wheat prices is
directly traceable to higher freight rates.
because of the partial closing of the door
20 relief from growing domestic sticks
Touching the wheat situation, however, Il
may be said that while present statistics OF
stocks of domestic and European are bear.
ish, estimates of the years crop continue
20 afford strength to the bulls position.
An average of five leading European esti.
mates points to worlds crop this year not
far from 2,5O0 600 bushels, and falling
off of go, 900, coo TO $4,000 1000 bushels from
last year is indicated, against which, o.
course, is to be reckoned increased sup
plies. visible and invisible, Of at least two
birds of that amount Corn Is not as de-
pressed as wheat, mainly because of light
n receipts, but ii is TO be noted current
receipts of wheat are also smaller than
hey were year ago"
il warns up the heart like sunshine
cleers the soul like old wine, gives hope
for the future, blots out the past. That's
what Rocky Mountain Tea does.
Ask your druggist.