The record-union., 1899-10-14


NEW YORK, Oct. 3.-Bradstreet's
tomorrow will say:
Trade activity is widespread, all
measures of volume and value testl-
flying to prevailing prosperous cond1-
tions. Only good reports are received
from distributive trade centers, ana
some markets report fall demand as
holding out longer than expected. Rall-
way earnings, bank clearings returned
and quotations of staple prices are all
encouraging, pointing as they DO 10 a
maximum volume of business for this
period of the year. Crop returns Tor
October bear out earlier impressions OF
shortened yields of most leading agrI-
cultural products.
Expectation of more moderate yields
of leading cereals is not confined to this
country. The worlds wheat crop Will
admittedly be smaller, and rye, barley
and oats yields are not expected to be
so large as a year ago. The higher
range of prices of all staples and par
ticularly of agricultural products, how
ever, will furnish profitable balance
of producers. The advance in the price
of cotton has been notable one, and
though some reaction is naturally
noted, the effects upon general South
ern trade and industry following the
advance are particularly beneficial, as
this section alone has appeared to lag
somewhat behind thep recess of pros
perity.
In the manufacturing branch of trade
strength is we'll night universal Ad-
Vdnces have been numerous, and a
scarcity of goods rather than of demand
is the main subject of complaint. While
a source of depression to cotton, the
TransvaaI situation has proved rather
favorable 20 wheat and other cereals,
offsetting heavy increases in the visible
supplies.
General manufacturing industry is
running full and activity is so wide
spread that it is hard to prefer one in
dustry to another in this respec-.
Sugar refining furnishes one excep-
tion to the reports cf general prosper
ity, and production is decreasing partly,
of course, owing to the season, but also
to the decentralization growing out OF
price cutting.
Wool is very firm, though quieter at
some markets. while the manufactured
product is selling we'll on next springs
account.
Lumber is in urgent demand at many
markets, in spite of the advanced stage
of the season, and prices are firm
Wheat INCLUDING fiour) shipments
for the week aggregate 5,265, ,634 bush
els against 5,1S3,39S bushels last week
and 4,I29, ,996 bushels in the correspond
ing week Of 1898. Since July 1st this
season the exports of wheat aggregated
60,960,041 bushels, against 7.22S. 116
bushels last year, and 66, ,920, 132 bush
els in 1S97-9S.
business failures number 164 in the
United States as compared with llG
last week, 233 in this week a year ago
and 1876 in 1897. Business failures in
canada number 10 as compared with II
last week and - in this week a year
ago.
NEW YORK, Oct. 13.-R. G. Dun &
Co. S Weekly Review of Trade" which
issues tomorrow, will say:
Industrial conditions could hardly be
better. After months of such extra
ordinary buying that its continuance
seemed impossible, even larger buying
stlll crowds producing works in most
mes beyond their capacity. The iron
furnaces are producing / 900 tons week
~ more than ever before, 21S.61J tons
october lst and yet the actual con-
sumption in manufacture reduced un-
sold stocks in September by -. $50 tons.
While the demand runs far ahead into
next year for many products. After the
great buying last week Bessemer mig
rises to S24 at Pittsburg, with No.
anthracite at Philadelphia. and No /
local coke at Chicago both quoted at
S23.50, and buyers paying premiums
Tor early deliveries according to THEN.
needs. In some lines, however. produc
tion has SO far gained that works are
beginning to look for orders to cove.
next year.
The demand for woolen goods is fairly
large, and prices are well sustained
though not further advanced. In goods
of the better grades there is some un-
certainty. Sales of wool are smaller
only I,I433O0 pounds for the week al
the three markets. without further adj
vance
Silks are firm, and linens tending up-
ward with good demand.
Wheat exports are still larger than
from the great crop Of last year At
lantic ChoCr included) having been /.
'i9i,39o bushels in two weeks, against
b,ll6,6S9 last year and Pacific 730 40
bushels, against ,T35. .430 last wear
The Western receipts have been only
I4,olSS92 bushels, against 20. 100. 495
last year, but the course of prices is not
calculated to encourage big move
lnent. Tor after starting at 1877 cents.
ana railing to 80 cents, the market
closed at -. with December options
unchanged. The Government deferred
any estimate Of yield, and its fig9res
are as usual yariOuslv ip+erpra+ad b,,+
not influential
Case of Captain Carter.
NEW YORK, Oct. 13.-General John
w. Clous Judge Advocate General of