The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-01-12
PRICES HOLD VERY FIRM
THOUGH THE DEMAND FOR TEN
TILES Is SMALLER THAN MAX
ERS WOULD WISH
IRON TRADE SPECIALLY GOOD
Etructural Steel Makers and Manu-
fScturers of Railway Equip
ncnt Are Crowded
With Orders.

NEW YORK, Jan. u.-R. G. Dun &c
Co. S weekly review of trade tomorrow
viii say: Only in the textiles is special.
hesitation shown Staple products are
him. Iron and steel prices are held with
out trouble, and boots and shoes and
wool are steady and all with a fair de-
mand, so that manufacturers are busy.
In textiles, however the Improvement
which seemed to be promised with the
= new year is still delayed and in cotton
goods stocks are growing III some quar-
ters, though still not opprCs2ively heavy
anywhere. Through the country distri-
button of merchandise continues on
coed scale and collections are unusually
prominent
Construction of bridges and bui' dings,
together with contemplated track elsva-
ton, crowds the capacity of all concerns
making structural shapes Of iron and
steel. Orders for locomotives. cars. rlils
and all forms Of railway equipment are
also abundant and there is no sign of re
action in the industry. Plate ard she t
mills have large bush and merchant
steel is in brisk demand. Competitor Is
keen, however. and increased operations
fail to affect prices. New schedules are
promised in the near future and lover
freight ra ties are anti irated Stocks de-
creased slightly in December, but thsra
is fear If accumulation. and quotations
at Pittsburg and Philadelphia have de-
c,ined during the rast week.
Investment of Wall street capital WIS
rumored as supporting cotton and wheat
but the effect was not permanent. Cot.
ton advanced temporarily. only to react
when Liverpool cables failed to res fCn !.
Traders express widely divergent opiniors
as to the size OF the country crop and its
sufficiency. Meanwhile port receipts con-
tinue to largely exceed last years fig.
tres at prices 50 per cent higher.
Wheat was agitated by reports of
corner in the army option and for a time
exhibited strength. A sharp reaction fol-
lowed, holders PARTING readily with their
contracts. Despite the advance Of about
10 per cent over the Trice year ago. At
1antic exports show an increase to $3.50
0-9 bu. flour included, against 2,315,5SS in
$780, Even more remarkable is the COM
parison as to corn. of which shipments
abroad amounted to 4543149 bu, against
3,40S,793 last year, while the quotation is
nearly 10 per cent higher. Wet weather
is retarding the movement from the
farms and there is still much complaint
OF low grading at Chicago.
Wool has ceased to decline and sa es at
the three che Eastern markets increa sed
slightly 10 3,3CS 700 pounds, against 3,121,-
0U0 in the week preceding. A year ago
sales were considered remarkably small
for that season at 5,1SS.0Q) pounds. Nm
Ufacturers purchase With extreme eau
ton and domestic fleeces suffer by in
creased competition CT cheap wool from
Australia and China.
Makers of boots and shoes insist on full
prices and as a result shipments from
Boston have declined $3.50 cases fer the
week. Jobbers in this vicinity are doing
we'll ana wholesalers orders are urgent
Sales Of leather increase, with hemlock
sole fairly held, athoueh concessions are
made in upper stock. While the hide mar
4.
irregular .,
Failures for the week were 324 in the
United States against 274 last year, and Il
IL Canada, against 25 last year.