Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1900-11-30
TRADE NEWS OF THE WEEK.
Reviews by Dun & Co. and Bradstreefs Show
Marked Steadiness Ia the List OF
Quotations,

New York (SpeciaD r. G. Dun
Co. s Weekly Review of Trade" says:
with reasonable promptness bust
ness Is recovering both activity and
tone, and fortunately without the
sharp rise in general prices which was
seen in the Spring and which was fol
lowed by a sudden and serious trans
ition to more natural range. Manu-
featured goods are rising in response
| to a better demand from distributing
| sources. The ordinary measures CT
business reflect increasing operations
at all points, but the textile markets
are at the point of least response to
the improved undertone Of trade.
Recital of conditions in the iron
and steel market has become a
monotoncus repetition. Each week
there is the same record of activity, 50
generally distributed that everything
from ele raw material to the finished
product enjoys q share. There Is also
the same freedom from speculative &C
emulation in anticipation OF fancy
prices that has been for weeks the
most encouraging feature. Railroad
companies compete for rolling stock.
Export orders in some lines are filled
with difficulty, owing to the unusua.
domestic demand for all forms Of iron
and steel products; but In no quarter
is there any unreasonable initiation oil
prices such as was seen during the
meteoric ascent last year.
1.-TWO factors initiate strong.
against the activity and strength in
wool and woolens. Mild weather has
been the chief adverse influence, re-
ducing sales far below normal vol
ume in this vicinity while liquidation
of embarrassed concerns threatens to
throw a considerable quantity on the
market at forced sales.
Failures for the week were 238 in
the United States, against 191 last
year, and twenty-nine in Canada,
against twenty-five last year.
"Bradstreets" says:
Unsettled weather conditions hay
operated to curtail retail and jobbing
distribution this week, and impaired
a quieter tone to several lines indirect
ly associated Herewith.
"In marine shipping circles a dis
tinct improvement is reported since
the first week of November While the
volume of business in pig iron Is still
large, it does not apparently come up
to that of last week or the week pre-
vious. No disappointment, is, how
ever, felt at this, more particularly as
quotations have again been marked up.
Reports of preparations to resume
come from many places for some time
nd NIL Ing n
port that every furnace in the Chi
cago field will be at work next week.
Reports from Pittsburg are that de-
mand for steel billets is still back
ward, not so much because of the price
demanded, $3.50, but because of its
being fixed by the pool at that rate.
Foundry pig is, however, active and
tending higher. What the market for
cruder forms lacks in the way OF ac-
tivity, however, is made up for by the
immense demand for finished pro-
ducts, which is reported in excess OF
all records for this period.
Wheat, including flour, shipments
for the week aggregate 1897, 296 bu-
shells against 4,062,020 last week; g.
6SS. 677 in the corresponding week of
1899; 5,S24,766 in 1898; 5,465,153 in
1897, and 3,753,696 in 1896. From July
1 to date this season wheat ex-
ports are 75,301, 1897 bushels against
50, 46S,542 last season and S9,124,O83 in
189S-99.
Corn exports for the week aggre-
gate 5,235,56S against 3,976,914 last
week, 4149,523 in this week year
ago; 1898, SAG in 1898; 1859, 7O5 in 1897,
and 2,92O,SO2 in 1896. From July 1 to
date this season corn exports are &c.
8S0,56 bushels against 92,170,4S9 last
season and 60,S22,762 in 1S9S-99.