The times. [volume] (Richmond, Va.) 1890-1903, 1901-01-26
VOLUME OF TRADE
IS SATISFACTORY
Special Activity Noted in Some
Branches Of Iron Industry.
CEREALS ARE SLIGHTLY HIGHER.
Speculation Is Limited in Nearly All
Lines OF Produce and Prices Show
Few Important Chanscs-Bis
Shipments of Steel.
CEREALS ARE SLIGHTLY HIGHER.
Gy Associated Prcss.l

NEW YORK, Jan. 25.-Bradstreets to-
morrow will say:
Despite some Irregularities in reports
from different sections and Industries.
trade as a whole is of satisfactory volume
for this time of the year. Relatively the
best reports come from the Pacific coast
and Southwest, where demand is opening
up well. Unreasonable weather in some
sections. notably the East, has been
bar TO activity to trade, but taken as a
whole the trade situation has many
points of strength.
Special activity has been noted in some
branches of the iron trade, and sentiment
has been, on the whole, helped by u
clearer view OF the possibilities contained
in The recent war talk The quoting
down of business abroad naturally points
TO some diminishing of our export in
cruder forms of steel. copper. iron and
lumber but for finished products of these
and other staples the outlook is declared
to be still satisfactory
CEREALS HIGHER
Speculation is limited in nearly all lines
of produce and in stocks. Prices Snow
lew important changes, the cereals being
slightly higher. while hog products and
coffee are lower, with dairy products
weak.
The general range of values is, on the
whole, steady. The placing of 100000 tons
of Bessemer pig iron at $2i.0t and 50, at
Pittsburg, has steadied the market. ex-
cept for sundry grades, which are weak.
some heavy buying is also reported at
birmingham, but other markets show lit
tie activity in this line.
The shipment this week of 5000 tons of
steel billets To Glasgow from Birnng-
nam forms the largest shipment OF this
material ever sent abroad from the
south Heavy quantities of railroad ma
serial. to replace that destroyed in China.
may be placed in this country.
PIG IRON.
Explanation OF the fact that pig iron
prices are now just half what they
were q year ago, Will be found in the
official figures of the stocks OF iron on
December 81, 1900. aggregating 4i2.siG
tons. or about seven tines the quantity
held q year ago. Copper is weak and
fractfonally lower IN sympathy with
break in prices abroad. but tin IS high
er on news of excited markets and high
er prices in London.
a large export shipment Of zinc ore
from Missouri IS announced. the guam
tity euuallinS $1,000 tons
There is. apparently. less public specu
latfve interest In the grain markets, and
long liquidation on the late decline has
helped TO partially offset the later de-
yeIopments of smaller receipts at the !.
Northwest; decreases in the visible sup
ply and the continued Soou export aS-
mand ruling.
Wheat is however slightly higher,
and corn is stronger in sympathy. Talk
of a coming big deal in May wheat at
Chicago has revived again.
WHEAT SHIPMENTS.
Wheat including flour. shipments for
the week aggregate assess bushels
against S,a36,e5i last week. .1g7 in the
corresponding week of 1860; 4,s9l.55a IN
1850, and SCISSOR in 1885,
From July / this season wheat ex-
ports are 1l2,2G1.5s3 bushels against H.
IS, sos last season. and III, 90 I'll in
1S9S-'94.
Corn exports for the week aggregate
s,9Ta, I52 bushels against h.1sl.55a last
week: $,526 SIT in this week year ago,
::;ss5,7.:ss: in 1859. and 4.a6s,53o In 1885
From July / to date this season, corn
EXPORTS are III ls s4 81 against f2S.si6,9l3
last season, and 95.7l5a2i in 1sos-9s.
business failures in the United States
for the week arc 81 against a9l last
week,ee5s IN this week a year ago. 2is IN
1899, and 2SS in 1888.