The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-05-04
AS TO BUSINESS.
Tho Outlook Il Pretty Good and Daily
Grows Better.

Tho Outlook II Pretty Good and Daily
Grows Better.
New York, May 3.-Bradstreet's to-
morrow will say: The manifest I'm
provement in many lines OF general
trade has resulted in an increase OF
|. the volume Of business. notwithstand-
ing the idleness of 5000 Rhode Island
worsted operatives and many In other
industrial lines. The price movements
retain the characteristics Of the pre-
ceding weeks, a long list OF gains
wheat, az per cent; corn, IA: sugar,
III; sole leather, 2; upper leather ana
hides (nominally). shoes. prints, sash
and doors at western points and pig
iron of all grades at st. Louis. Is cents
per ton. Live cattle at western CEN
ters are practically unchanged. as Is
finished iron, coal, pig iron and steel
at eastern markets, and all except In
ferior grades of wool. Wool prices
have been a little easier with lower
prices paid for inferior grades at the
London sales and domestic country
prices above a parity with those cur
rent at leading markets. There is only
a fair business in cotton goods and
prices remain firm. No gain is looked
for until demand for full supplies be-
comes general"
r. G. Dun & Co.'s review of trade.
which issues tomorrow. will say:
Business begins in May in better
condition than at any other time since
the break down in May, 1898. The
| chief obstacle to a more complete re-
covery is the anxiety of many to pluck
the fruit before ii is ripe. Holders OF
some staples have lifted them so far as
| to prevent their marketing; the con-
sumption Of materials in some branches
| is checked by the advances which can
not be realized for finished products.
while workers in some industries are
demanding wages that cannot be
paid out of any business. In spite OF
labor troubles. the outlook brightens;
the money markets continue healthy
and with heavy sales of railway bonds
abroad. the deficiency in public revenue
of $s,742,S40 in April causes no appre-
| hension. s..
The demands for the full restora-
ton of wages to the level of 1892 have
closed many woolen mills and threaten
to close others. The strike which
closed the iron furnaces at Newcastle
Pa, has just ended without success,
but other strikes have stopped numer-
Gus works about Pittsburg. The spec
ulative fever grows more serious, as
Is natural when business starts up al
extremely low points, but by lifting
| wheat from 63 cents to 50 cents the
Atlantic exports have been checked
and, flour included, have been only
1872, 1877 bushels, against 3,017,045 bush
els last year.
The strike of the Newcastle, Pa
| furnaces, now over, stiffened Bessemer
pig so $10.75 was quoted at Pittsburg,
and the closing of the Wheeling mill
stiffened billets, while Southern max
ers have nominally advanced their
price so they have been made here un-
der $40 for No. 2. Additional contracts
| for structural work here and at Chica-
go, sales of 1000 rails at least. a better
demand for wire and its products and
for plates and sheets, are encouraging
| features this week. Wire nails are a
/ shade higher at IS cents, and cut nails
at 20 cents by the car load are less de-
moralized. The consumption does not
| yet equal the capacity of the works or
the output of pig. but the rise in the
| prices of cotton goods continues. The
woolen year ends with the lowest
| prices yet known. The sales since Jan.
| 1 have been 81, ,967, ,915. against SS,S56 $50
in, 1892, and less in 1898 and 1894. The
/ demand for woolen goods does not i'm
| prove. and many cancellations are re-
| ceived, although the sales of wool in
dicate large consumption. The
weeks failures are 231. against 233 last
Il