River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1900-01-11
TRADE REVIEW.
Leading Commercial
Agencies.

New York. Jan. 6.-Bradstreet.s says:
this week pending the results of annual
The business world has marked time
stock-takings and the passing away OF the
holiday Influences which usually make for
quietness at this period. Aside from the
strengthening of values of a number OF
staples. such as the cereals. provisions
and cotton, which are speeuiatively dealt
in. there has been no decided movement
forward. but. on the other hand. the
strength of AL other staple values point to
there having been no backward steps
taken. Perhaps the most notable move
ment among leading staples is that devel-
oped in hogs and hog products. a better
realization apparently being had OF the
features making for strength in those
products. notably among which being the
reduction in the supply of hogs, which,
ike the similar falling off in the number
OF cattle, has gone on for a number OF years
past. That the advance In hog prod
ucts is beginning to attract more attention
seems evident from the extent 10 wnich
this advance has had sympathetic reffec-
tion In the prices of wheat and other
cereals, which really trace some OF the
strength which has been shown this week
to that source. While stocks of wheat have
fallen off in Europe and shipments
thereto In December were the highest re-
corded for many years past. still stocks
have increased in this country TO nearly
as great an extent. In iron and steel quiet
strength has, as for many weeks past,
been the notable feature. A rather more
aggressive feeling is noted at Chicago,
where wire and nails have been consider
ably advanced, and bar steel. angles and
channels have also moved upward. with
the country's production sold ahead as
heavily as 1t is there is naturally little or
no immediate new business Offering"
II. G. Dun q Co. in their weekly review
OF trade, say: Failures in 1899 were 1898
in number, with liabilities of $l23,1S2,6t9-
The last days of the year added a few to
the number and some millions to the known
Liabilities of firms and banks which
failed close to the end, so that commercial
defaults reached 500. SIS. $50. of which $780,
1872, 1854 were in manufacturing, SfS,92f,fu IN
trading, and 81. l62, 954 in brokerage, pro-
noting and other commercial liabilities.
''Most people In business have been so
occupied with the accounts and the settle
ments of the past year that little new bust
ness has vet been done. No new tendency
in manufacture or in trading appears, and
less change than was anticipated in money
markets. There is nothing unsound in
the business of the great industries,
but an extensive revision OF prices may dis
appoint expectations.
Wheat still moves very sluggishly, with
small change in prices. In six months OF
the crop year about 100000 bushels, -four
included, have been exported, against l2S,-
600, 900 last year. Atlantic exports have now
fallen to only 2.0G0. 926 bushels for the week,
against SPA. 420 last year. and Pacific eX-
ports were 53l 10, against 6l4,S3S last year
The price is practically unchanged. as also
fol corn. of which 1898, 1855 bushels have
been exported for the week, against S,5i2,-
4I2 last year.
Failures for the week have been 2T3 In
the United States, against 24S last year., and
% in Canada. against "a last year"