The age-herald., 1900-11-10
WEEKLY REVIEW OF TRADE CONDITIONS General Improvements is Noted in
 All Lines IRON IS ESPECIALLY STRONG The Feeling of Confidence is No Where So Marked as in the South-No
 Violent Speculation. But
 Steady Demand
IRON IS ESPECIALLY STRONG

New York, November 9-Bradstreet's to- morrow will say:
 There is a stronger tone In cotton and wool, the former largely because of reports of fears of crop damage, while the latter is firm at former quotations on a volume of business equal to lately enlarged totals. Cereals are, as a whole, dull and lack speculative interest. Wheat is practically
 unchanged, early reports of Argentine crop damage failing to bring out much buying, and the latter in turn inducing realizing. Corn is only fractionally higher. Hog prod ucts are rather slow and weak.
 Tt is from that long time barometer of
 trade, the iron business, that relatively the
 best reports as to the demand and prices come While considerable volume of busi- ness was undoubtedly placed just previous to the election, the quantity of sales report ed since has been very satisfactory. Chl- cago reports the past weeks sales of pig at 75,O00 tons, the largest of any week thls year. A similar report comes from Birm- ingham, where 110,000 tons are reported placed within the past ten days while Pitts
 burg reports the sales of finished material
 the heaviest since last spring. A similar report as to sales of pig iron comes from Cincinnati, The iron sales have been largely
 at advance of 50d75c a ton, while bars, plates and structural material have either been advanced or the makers are now hold ing meetings to agree upon increases.
 large part of the business in cruder forms
 is reported to have been on export account despite the reports of falling iron prices abroad, and the very high freight rates. A heavy business has been also done in rails at full prices but figures of quantities are
 withheld. Some heavy sales of bridge ma
 terial and structural steel are reported at New York. Hardware has moved Father
 better than of late. Other metals are quiet
 CT except tin which is slightly higher after
 the late weakness.
 "Hopefuness as to improvement in tall
 demand, now that the election is over ana cold weather has arrived, is reported in all sections but nowhere is the feeling Of con fdence so marked as in the South De- spite the recent decline in cotton, the feel
 ing in that section is notably cheerful
 In the West dry goods, clothing, shoes and
 hardware are moving better. In the East leather shoes, wool, tobacco and coal are firm and the outlook for business is regard ed as favorable On the Pacific coast eX- port trade with our new possessions and with Asia has been good.
 
 | staples lower on the week by 15 cents, but l this is mainly due to the decreased price | of raws on enlarged supply.
 'Wheat, including four shipments for the week aggregated 3555,50l bushels, against 3612,2 ,210 last week; 4,650,S42 in the corresponding week of 1899, and 9799,694 m 1898
 From July to date this season wheat exports are 67,42071 bushels, against IT, 239, ,S58 last season.
 Corn exports for the week aggregate :. PSI, ,627, against 3,920,110 last week ana 45S1. AT bushels this week last year. From July to date this season corn eX-
 ports are 60 66S, ,O79 bushels, against SS,425'- PAT last season.
 "Failures for the week in the United | States number 161, against 165 last week. and 1S2 in this week a year ago. Canadian failures for the week number | 17. against 16 last week and 25 a year ago."
 DUN'S REVIEW. l New York, November 9-R G. Dun & l Co.'S weekly review of trade will say to- | morrow:
 The iron markets are in an encouraging | condition No violent speculation is threat | ened, but in numerous instances better l demand has caused small advances. The most notable change thus far Is in pig iron, which is eagerly sought at all markets, large contracts being placed at | 25 to 50 cents a ton above the bottom | point recently quoted. In partially manu- factured forms, such as bars, plates and beams, improvement is definite, while large building operations will keep struo- | tural material moving freely More ships are planned and bridges require quanti- l ties of material. Railroads are buying most l products freely. Orders for export are l numerous, and foreign markets have been | compelled to reduce prices for steel rails. l Spot cotton has not advanced as expected 1 on the approach of frost Actual damage | has not come and belief in a current yield of 10 800, 900 bales Is stronger. British exports of yarns and cloth in Oc- tober showed loss, making the total for the year very heavy.
 Russian ports send out wheat freely, and even in Argentina the outlook for the crop Is less discouraging, although the quality | in some districts will be inferior. Specula- | tive selling here for foreign account meets | every advance and exports are being last | years Western receipts are fairly large | but the movement of corn into sight and | out of the country is extermely light. | A heavy cut in the price of refined sugar l by ali the large interests brings standard