Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1895-09-07
lncreasee in Business May Be
Carried Too Far.
A GREAT YEAR Is EXPECTED
Labor Outlook and Railroad Situation
Make Prospects Beyond the
Most Sanguine Hopes.

New York, Aug. 30.-R. G. Dun &
Company's Weekly Review of Trade
will say:
Improvement in market and prices
continues, and where a few months ago
everybody was nursing the faintest
hopes of recovery, it has now come to
be the only question in what branches,
if any, the rise in prices and the IN
crease of business may go too far. A
strong conservative feeling is finding
expression, not controlling the market
or industries, but warning against
too rapid expansion and rise. IN some
directions the advance in prices clearly
checks future business. But encourage
ing features are still powerful. Exports
of gold continue, but are met by syndl-
cate deposits and are expected to
cease soon. AnXieties about the none
tary future no longer hinder.
Crop prospects, except for cotton,
have somewhat improved during the
week. Important steps toward the re-
organization of great railroads give
hope to investors. Labor troubles are
for the moment less threatening and
some of Importance have been definite
ly settled. The industries are not only
doing better than anybody had expect
ed, but are counting upon great bust
ness for the rest of the year. The adj
vance in prices of iron and it's prod
ucts has added about 81 per ton more
in a single week to the price of Besse-
mer iron at Pittsburg, and yet the great
steel companies are buying wherever
they can, while the air is full of reports
that this or that finished product will
further advance. Many of the ablest
men deplore this rapid rise, saying that
it may expose some branches to for
eign competition, and urge that con-
sumers begin to hesitate. But the va
rious combinations which now control
many iron products have so success
fully lifted prices thus far that the mar
kets seem to lack the restraint Of indi-
Vidual caution, and meanwhile holders
of large quantities purchased for future
sale or delivery want to get all they
can for them. The demand, whether
on old or new orders, appears large
enough to sustain all advances yet
made, and strikes of ore handlers and
plies of Bessemer ore may run short.
Copper has been so far advanced that
large quantities of American are COM
ing back from Europe, though the price
is held at $1225 for lake.
Lead is still at $3.521a, though the
production in the first half of 1895 was
105,970 tons, with increasing stocks
from 1853 tons in January to 851l tons
in July.
Coke is demoralized. with sales at
81. 10 per ton.
Wool has been speculatively hoisted,
so that sales have fallen below last
years, in August amounting to 2320O,-
400 pounds, against 25,S00,000 last year.
The failures for the week have been
1856, against 1876 last year.
BRADSTREETS REPORT.
New York, Aug. 30.-Bradstreet's to-
morrow will say:
The concluding week Of August sur
prises even the most optimistic with a
striking increase in the volume of bust
ness with jobbers in staple lines at
such centers as New York, Baltimore,
Boston, Chicago, st. Louis, Kansas
City, ST. Paul, Minneapolis, and to a
great extent at distributing points in
the south Atlantic and Gulf states. In
dry goods, millinery, shoes, hats. cloth
ing and groceries the autumn demand
is making itself felt, with the prospect
for further development in the imme-
diately succeeding weeks.
All winter lines of goods have felt
an improved request and manufactur-
ers and jobbers are prepared to handle