The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1900-12-15
REYIEW Ga TRADE.
Holiday Trade Makes Financial Mar
kst Somswhat Brighter.

New York, Dec. 15.-R- G. Dun & Co s
Weekly Review Of Trade says:
A holiday trade has increased mod
erately, and IN wholesale sample lines
no relapse is seen either in volume Of
trade or in prices Cold weather has
helped New York, but it IS still behind
the rest of the country for some recent
losses from failures IN the textile mar
kets which have fallen rather heavily
here Collections in the country con-
tinue good and this relieves an anxiety
which might be otherwise felt over the
higher rates Of money. Merchants ac-
counts are in good position, SO that new
sales Of commercial paper are Ighs,even
for this season.
no great accumulation Of new merchan-
disc in any quarter In spite Of the
break in cotton the demand for fabrics
IS still good, sellers having little to offer
and nothing at cuts IN prices.
a sharp rise to a minimum Of S4-S3 IN
the Wholesale price OF coal. fully %
cents in two weeks, reflects actual scar
city of the product more than negotia-
ti0nz to harmonic the trade Even
the estimates did not equal the actual
decrease in furnace stocks of pig iron
during November. which amounted 10
81 $50 tons, according to the Iron Age.
This authority reports an increase IN
weekly capacity of furnaces IN blast
to zzS. s46 tons TO December i, Wnicn
IS the first gain recorded since June
General conditions as to partially man
iron and steel industry are little
changed Prices are hard, and mills
are working On old orders that viii take
them well into the new year Al Pitts
burg there is still complaint that new
business is not offered, but Chicago con-
Germs have no such difficulty; more Idle
mills have resumed, and little wage con-
troversv is heard It is estimated that
l. 200 600 tons OF rails have been ordered
for next years delivery American
makers have scored another triumph
in the African bridge contract, secured
in the face Of British competition
Most of the footwear manufacturers
have booked sufficient to keep them we'll
occupied for many weeks and are refus-
ing new contracts, except at a further
advance in price
New England factories are mainly
working On spring goods. and mail or
1ers come freely from distant sections
Improvement is noticed IN the local job
gllg trade, aside from rubber goods
which are neglected Sole leather is
quiet and union hacks weaker, but mp
per is remarkably active for the season.
Stocks Of glazed kid have been reduced.
Another general reduction IN quotations
IS reported IN the Chicago hide MARKERS
Sales OF wool at three eastern markets
increased to 8. 7S5 SEQ pounds. AGAINST 3 567.-
344 IN the previous week Exports of cot
ton In November were valued at S15 954. gu
more than IN the same month last year,
mainly owing to an advance OF % cents in
price The enormous rise in quotations is
shown by the fact that year ago the
November 1888. making A3 cents. OF S2-7
per cent advance in two years Shipments
in November fell to S41, S46 bales, against
1.Z11.23 in the previous month. indicating
that foreign Spinuers are less urgent for
raw material
Port receipts have been heavy and there
was a collapse in prices on the official es-
Inmates Of the current yield at 100000
bales. for a much lower figure was ex-
pected that traders remembered that last
years prognqsticaa lions proved half a mil
lion bales below the actual production
Cereals did not maintain their advance
Coffee has suffered from liberal receipts
at Brazil ports, and No z Rio is 1ss cents
below the price 4 month ago.
Failures for the week were 241 IN the
United States. against Us last year and Is
IN Canada against Is last year.