St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-23
GOOD TIMES AHEAD
Indications Of Improvement
in Business Grow More
Distinct.
so R. G. DUN g. co. REPORT.
Industries Gradually Resum-
ing and Money in Bet
ter Demand.
BREDsTREET ALSO HOPEFUL
General Increase in Trade Is
Noted in the Weekly
Trade Review.
ALSO HOPEFUL

NEW YORK, March 22.-R. G.
Dun & Co.'s weekly review of trade,
which issues tomorrow, will say:
Indications of Improvement in bust
ness grow more distinct. The most
obstrusive of them, the speculative
advance On cotton and in stocks, is
the least reliable, nor can either Of
these be said to reflect actual i'm
proVement in business conditions.
Railroad earnings are scarcely bet
ter, and the speculation is largely
based on expectation of more effect
i've monopoly in coal and some other
products. London was buying large
ly, but likely to sell on any rise. Cot
ton does not rise because there is
more demand for goods, but there is
more demand for goods because cot
ton is dearer.
More valuable indica lions are that
the volume of domestic trade gains
a little, money is in much better le-
ultimate demand, and the force of
hands at work gradually increases
in some industries and in others is
restricted only by strikes which are
presumably temporary.
The rise in cotton to 6.31 cents still
seems to have scarcely any contact
with the facts of demand and supply,
but had a very substantial basis,
nevertheless, if, as some maintain,
more cotton had been sold in this
country for future delivery than
could be produced here until another
crop comes. American stocks were
last February 1,345,02S bales, against
1,154,700 last year.
The rise in wheat, which started
with the report of wheat in farm
erS' hands, has been followed by re-
action, so that prices are lower
than they were prior to that report,
having fallen 2Ac for the week.
Western receipts, 1,9SS,21 bu against
1888, 331 last year and for three
weeks were practically equal to last
years, while Atlantic exports are
small. Corn has not followed, but
after a rise to 315sc holds the price
of week ago, receipts being about
a third of last years, and export
and exports insignificant. Pork has
declined Csc per Dbl and lard 10c per
100 lbs. The advance in wages of
coke workers raises the cost of fuel
for a large portion of the iron manu-
facturers, but as yet does not af-
feet prices of iron or it's products, as
no increase in demands appears.
Possibly it is hoped that,
LARGER BUYING
will soon be prompted by the idea
tat pig and all products will be rem
dered more costly, though the large
excess of production and producing
capacity stands in the way. One
sale of 10000 tons steel rails, one
cast pipe contract for 5000 tons, a
bridge and five building contracts,
aggregating nearly 5000 tons, are
reported this week, but pig iron is
week without change, both at the
East and at Pittsburg, and no
change of consequence is noticed in
the demand for finished products
Copper continues weaker at 925c
lOI LIKE, AI1eIIcaH prOuuclS III rep
ruary being 12,720 tons and foreign
6,739, while tin has risen sharply to
1890. Lead is weaker, with heavy
sales, $500 tons to domestic and
1900 to foreign takers at 3O5@3. lie,
but large sales of tin plate are re-
ported, with prices a shade stronger.
The rise in cotton as stimulated
buying of goods and given conf
dence to agents. Heavy transactions
and some advances in price appear
in Soutern coarse goods, but not as
yet in the finest
While many orders are detained
by labor difficulties, there is also