The San Francisco call., 1899-11-04
Dmn's 'Revieqv of Trade.

NEW YORK, Nov. 3.-R. G. Dun & Co. 8
weekly review OF trade will say tomorrow:
British disasters in South Africa have brought
10 view something besides the steady self-re-
nance OF the English people, that they hold
not many American securities 10 be dislodged
IN any time of alarm, but are inclined to take
investment
A little decline of &c in wheat and 114c in
corn does not hinder exports. though 1t Is
some evidence that growers think they have
anpes supplies. Atlantic exports of wheat at. for Tor
nNe weeks have been. -four included, lo,oSooss
pushels, against 1S,1S2, 631 bushels last year,
ana Pacihc exports 2.713,551 bushels, against
S'sI1,4 ,4S4 bushels last year
Western receipts of wheat have continued
heaNy, but have not rivaled last year s extra
o oopdlnary outpouring, amounting to only 80 9oS,
bushels last year, but Western corn receipts
run ahead of last years in the same weeks
ana the exports have been IS. GAS, ,Oi4 bushels
AGAINST n,55S, 15S bushels last year.
ne enormous sales of wool at Boston, u, =
o oo.;oo9 pounds; reported. making 'S6S, Ioo
are extremely important That all are not Tor
consumption as the trade is naturally tempted
to believe, may be true and yet actual pur-
chases by the mills of half that quantity would
Imply extraordinary encouragement respecting
the demand for woolen goods The prices
scarcity below that of May, 1892, and for Ohio
washed light and dark unwashed ana pulled
prices at London prompt much speculatlVe :,
buying but the demand for woolen goods Is
also undenlably encouraging.
Cotton manufacturers have also been IN great
demand, with prices constantly rising so that
with middling uplands at 1855 cents. goods are
relatively dearer in price than they have been
since October l. but whether they will advance
much further depends upon the current estl-
mates of the forthcoming crop.
Prices for pig iron for early deliveries are
still advancing, but a great part OF the de-
mand has protected itself by contracts running
far into next year, including purchases OF 90 600
tons bessemer this week at S23 so, and as billets
are quoted at s29 so for spot but S35 for next
year the market can be Interpreted several
ways. Anthracite pig is also quoted at $24 so
Tor early delivery. But no finished products
have advanced during the past week excepting
refined bars which the Eastern association has
put up 81 per ton. More weakness appears in
some lines of which the works have not orders
running far ahead. But II is claimed that
1,SG0 coo tons Of rails so per cent of the entire
capacity. has been sold for next year. Tin
is weaker at $50 so and lake copper lie, while
spelter is offered at 81 S5. Dealers are refus-
ing to pay the higher prices asked by manu-
facturers of boots and shoes to sucn an extent
that future orders somewhat restricted.
Yet the October shipments were 4I3,72 cases,
against .250 last year. an Increase OF Y per
cent. and 1888 in the same week OF 1897 an
increase Of nearly 80 per cent.
Considerable irregularity appears in the re
lation between demand and supply, with rather
more general hesitancy in buying on the part
OF dealers in woolen goods Hides and leather
remain strong, packers having somewhat ad-
vanced prices at Chicago. their supplies being
sold four to six weeks ahead