The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-11-17
PRICES Tend 70 ADVANCE
II. G. DUN'S REPORT SHOWS BUOY
ANCY IN ALL LINES
OF TRADE
IRON CONTINUES TO GO UP
Quotations for Manufactured Goods
of All Sorts Are Firm, With
Small Stocks in First
Hands.

NEW YORK, Nov 16.-R G. Dun's
weekly review of trade will say tomOr-
row:
Prices of commodities advanced most
~ without exception and all the changes
in manufactured goods are in the di-
rection of firmeT quotations. The small
ness of stocks of goods carried is a
feature of our reports from most of the
leading centers. Scarcity Of labor gives
manufacturers in the middle states great
concern. Activity at iron and steel
mills steadily increases and there is
generally uniform advance in quotations.
The gain has been more general Ibis
week than at any previous time this sea-
son, pig iron moving up 25c a ton and
corresponding gains appearing in bars,
billets, plates and structural materials
generally. Instead of the recent agita-
ton for cheaper rates there is now talk
of a further advance owing to the further
advance in steel billets. Orders come
forward in the best volume since
last spring, when there was severe In
tiation of prices, and requests for quick
delivery are general. The report of pig
iron production on New. l by the Iron
Age shows a weekly capacity of only
Zl5,SO4 tons, the smallest since Septem-
Der, 1888, but the reduction of $4,000 tons
from Oct l in furnace stocks is most
encoura ging. These figures, with the
activity in all branches of the industry,
indicate that there will be no further re-
ducuon in output, but the December
statement will probably show more than
200 furnaces in blast.
Packer hides at Chicago have ceased to
advance, but remain firm at top figures
and country hides made further gains.
The tanners are not buying eagerly and
offerings are also moderate. Leather quo
tations are only slightly altered, while
most grades are steady at former ig-
ures.
Betting butts have advanced sharply.
Boot and shoe manufactures are still
unable to secure any advance in quota
tons, although they are attempting to
raise lists 21Ac. Local jobbers are we'll
supplied, but more seasona BILE weather
has stimulated trade.
Textile industries are rather quiet al
though heavy weight goods move more
freely with the lower temperature
Wooden manufacturers are not yet seek
ing raw material in great quantity and
wool is not changed in prices. Sales at
the three chief Eastern markets have
again increased, while Western consign-
OrS still insist that commission men shall
not accept lower bids.
\ temporary furry in the wheat mar
ket ON Monday took the December OPP
ton above soc 1t was reported that
w all street operators We're turning their
attention to grain. Publica ton of the
usual weekly statistics had a depressing
effect, however, particularly the enor-
nous exports from Russia, which were a
contradiction of earlier statements that
the crop was short in Northern Europe.
Liverpool selling was large and realizing
soon made a decline of over &c, which eX-
ceeded previous advances. The much
discussed advance in meats at Chicago
was not heavy, but scarcity of first
quality fresh eggs has brought very
high prices. Cotton rose slightly. EX-
ports to Great Britain continue heavy,
even at prices ? cents higher than year
ago. Total cotton shipments in Octo-
Der were valued at $50, 391 Joy, exceeding
all records and showing gain of 200 per
cent over the previous month.
Failures of the week We're 217 in the
United States, against 2l9 last year, and
80 in Canada. against 20 last year.