The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-11-03
New York Cotton Market.
BRADSTREET'S ON THE WEEK
a Marked and Healthy Improvement

in the Iron Trade
NEW YORK, Nov. 5.-Bradstreet' re-
| view today says:
'Unseasonably warm weather continues
the leading directly uufavorable feature
. Of distributive trade, because of the
check given to retail distribution, in most
lines of dry goods, wearing apparel, and
shoes
Conservatism, in view of the near ap-
preach of the Presidential election, is I'M
douhtedly an element exercising consid-
cradle influence, particularly in stock
speculation. But 4 conspicuous exception
to this is found in the reawakenfng of de-
mand and the advances in prices shown in
the iron trade in widely separated sec
tons This is really one of the most i'm
portant developments of the week and is
taken as indicating that consumers
stocks are down to a minimum.
'CleaTings statistics are encouraging.
those for October particularly SO, al
though quieting stock speculation has ap-
parently limited the weeks total Fall
ures naturally show expansion over the
same period year ago. but ara much
more favorable than in preceding years.
Following the ending of the anthracite
coal strike has come the announcement of
an advance in wholesale prices of from
70 to 80 cents per ton, and the impress
sion is that retail rates are not likely to
snow any marked reduction very soon
Speculation on the various exchanges
has ruled rather slow In wheat the NOV
ing feature has been the refteration Of
stories Of Argentine crop damage, which
was instrumental in inducing some ad-
vance, much OF which was lost later In
cotton fear OF frost damage has been
the moving factor, and here, also, some
advance has been scored from the low
point reached last Teek
"A distinct and marked Improvement in
the demand for both crude and finished
iron and steel is noted. From Chicago.
Pittsburg, Birmingham. and Philadelphia
come combinations of the better ena1iry
Tor pig iron at a slight advance, except
in the case of-the Southern product. Al
though the export demand for iron and
steel has quoted of late, that for cotton
is apparently undiminished, and this week
witnesses the heaviest single days ex-
ports from New Orleans ever recorded.
Nine months trade returns show gain
IN manufactured goods exported of % per
cent over year ago, while the increase
IN agricultural products was only SIS per
cent the latter increase being entirely
due to higher prices of cotton as COM
pdfSu with last year Inc outlook IS for
an aggregate export of manufactured
goods this year of at least $40, 100000,
total never heretofore approached
There were SIG failures reported for the
month just closed an increase of 81 per
cent over last October, but a decrease of
l per cent from 1898, of Is per cent from
1897, and of g per cent from 1886 The
liabilities of the failing traders aggre-
gated $9.O77,205 in October a gain of So
Int
crease of SO per cent from 1898. of "A per
cent from 1897. and of A per cent from
1896. Clearings for the week aggregate
$1,6T3, 1902 a decrease of 81 per cent
from last week, and of Is per cent from
this week year ago, but gain of Il
per cent over 1885,
Failures for the week number 163
against t61 last week, LA in this week A
year ago, 1873 in 1898, and 223 each in 1897
and 1885,