The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-05-11
GOOD NEWS.
All Along The Line Business IL Inn
proving.

proving.
New York. May 10.-Bradstreet's to-
morrow will say: The present week
brings distinct, and in some instances
even more pronounced. evidences of
Improvement in business. notwith-
standing the increase OF the wave OF
Industrial discomfort and strikes for
higher wages. always the accompani-
ment of an upward tendency to prices.
Sole leather was up another 2 cents.
and prices OF shoes are following. Gal
vanized iron and wire nails are higher.
as is Bessemer pig, about 10 cents; su-
gar is cent; print cloths. / 1-16 cents,
and wheat and -four Is cents. In addi-
ton prices have remained firm for
lumber. tin and cotton, and while no
actual advances are announced for
steel billets. live cattle and rice this
week, the tendency in each instance is
upward.
The bank clearings a week ago indi-
Gated that the tide of trade at the
Southwest was rising, and this weeks
kilograms confirm IL. The South sends
to Bradstreet's more encouraging re-
ports than for a long time. There is
some little gain in the demand for dry
goods and plantation supplies, which
is most significant. This is announced
by two-thirds of all cities reporting.
At the West previous gains are main
tanned and confidence in an enlarged
volume of business increases.
New York, May 10.-R. G.. Dun &
Co.'s weekly review of trade, which is
sues tomorrow. will say: The event
of the week is the decentralization OF
foreign exchange. caused by the enor-
nous sales of bonds abroad. Besides a
sale of $4,000, 900 Manhattan and other
railroad bonds through the syndicate,
large purchases on foreign account
have been recorded for some weeks.
so that the aggregate probably exceeds
$4,000, 900 since the sale of govern
ments. The safety for this summer
means much for all business. and the
syndicate deems IL so fully assured
that IL distributes 40 per cent of the
money to stimulate operations In Sc
curity and products.
The crop prospects have also greatly
| improved, and this is OF a still higher
Importance. as IL will do much to de-
termine the character and volume OF
all business after the summer uncer-
| tainties are over. In addition business
| is reviving. although the gain i'm great
| industries Is retarded by many strikes.
| The output OF iron still exceeds the
consumption, but has fallen 1878 tons
weekly in April to 1854 on May /.
Bessemer pig has been raised to 5000
at Pittsburg and the general demand
for finished products does not equal
the present output. but is distinctly in
creasing. bars and sheets selling more
largely. though structural specifica-
tions are disappointingly Slow. The
more noteworthy gain is in orders for
steel rails. $4,000 tons for the Pennsyl-
vania and $4,000 for a Western road.
Coke production still lessons. 6.722 tons
for the week and 6s.363 or 23 per cent
| in the past three weeks.
Sales of wool for the week are less
than In 1892. but larger than In the past
two years. though the prices do not
rise. There Is rather more demand for
mems woolens. but cancellations are
also more numerous and imports of
wooden goods. The Withdrawals from
| the warehouses were about $4,000. 900
| in the first quarter of the year, against
about 5000 900 last year. Cotton goods
| continue strong. the mills being well
| employed, and they hold heavy stocks
| of raw cotton at low prices. The fall
ures this week were 227. against zoe
i last