The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-01-26
DUN's REVIEW OF TRADE.
Heavy business in manufactured
Goods at STEADY Prices.

Heavy Business in manufactured
Goods at STEADY Prices.
NEW YORK. Jan. 2e--Dun's review Of
TO-DAY says:
Rarely has there been more business
in sta yles and in manufactured goods at
pra .caIIy unchanged prices than during
the period since November / This week
seems to have marked the climax Of
enormous dealings at figures which have
become familiar
The heavy trade in pig iron az better
prices, the larger distribution Of dry
gooCs At a frmer range Of quotations, and
the rush to secure prompt delivery Of
boots and shoes. all Indicate that business
may have escaped one Of those weary re
adjustments of prices which have often
proved SO trying in recent years Jobbing
trade in the interior is good. and cOllec-
tons continue excellent.
Bank clearings at New York gain 80 /
per cent over 1900 and 13 per cent over
1883 TOR the week. while al leading cities
outside New FORK there Is a gain Of SO
per cent over 1909 ands 81 per cent over
1898 Railroad earnings thus far re-
ported for January show a gain Of ia
per cent over last year and 24.5 per cent
over 1899
After : week OF quiet conditions. part
" due to uncertainty regarding cOmpeti
ton among leading interests. the iron and
steel industry has taken another long
stride forward The feature was enorEu-
Gus buying Of pig iron at an advance to
S13-25 at PiJtsburg. Further Improvement
IS seen in footwear, and manufacturers
are receiving ample orders. Some shops
have contracts that ensure active opera
tons until May and nearly all have orders
ahead for more than a month. Prices are
unchanged except that in the exceptional
cases where small advances were report
ed last week, there has probably been
return 10 old figures.
1T is difficult 20 find encouraging fea-
lures in the wool situation. Sales for the
week At the three chief Eastern cities
were million pounds smaller than In the
preceding week, and in four weeks the
aggregate is only l3275. zoo pounds
against q 90, 700 last year
staple products have moved within
narrow limits. little attention being given
to widely varying estimates from ArgeB-
tina or reports Of damage IN the North
west through insufficient snow. Despite
the advance IN prices over chose prevail
ing a year ago. exports Of wheat, includ-
ing Hour. from Atlantic ports for the week
were Z, SIS SIS bushels, against 1864 I4g
last year and Of corn 3,472 514 bushels.
against G.GS7 COZ in 1900. Cotton main
J
port receipts did lot fall of. as predicted
and final returns Of British exports Of
yarn in 1900 proved TO be 80 per cent
Smaller than in 1893 while Of cloth the
reduction amounted to 400, eco coo yards
The return flow OF money from the
country is stin the feature Of the financial
situation, and banks here receive advIeeg
daily Of large amounts lying idle with
Western correspondents Stocks were less
active, and runors about the relations Of
leading steel companies we're chiefly re-
sponsIble for q reactionary tendency. The
death O. the Queen exerted but temporary
Influence Exchange moved Ia irregu. II
f! fashion
Foreign trade at New York. for three
weeks Of January. was less satisfactory.
Exports for the last TWO weeks were
heavy. but compared with a liberal move
menJ last year and for the n-onth. the loss
is $3.CI5. rs. On the other hand imports
show an Increase Of 81, 254, S32-
Failures for the Weel, were 306 IN the
United States against 23I last year. and as
ia Canada, i.gainst IS last year