The record-union., 1895-04-27
REVIEW OF TRADE.
ALL INDUSTRIES STEADILY AND
SAFELY GAINING.
Firmer Undertone in Nearly All Lines
of Trade-Wage Strikes Cause
Some Trouble.
special to the REcoRp-USroN.

Special to the RECORD-UNION.
New YORK, April 26.-R. G. Dun &
Co.'s weekly review of trade will to-
morrow say: Neither lza rising specu-
tive market nor the steady gain in indus
tries has ceased, and it is wholesome that
there are fewer signs of hesitation In the
productive industries than in speculative
prices. Wage strikes grow more numer-
Gus and cause some trouble, and retail
demand lags behind, wholesale and Job
Ding purchases are behind the produc-
ton IN some branches, but through many
conflicting reports the fact shines out
that the Industries are gaining, not with g
rush and Whirl, but more safely. 1t is
less clear that railroads are Increasing
their earnings, or that over-poductiOn Of
cotton will be cured by the advance of IL
cents in price, or that reports concerning
short sellers of wheat will help TO mark ct
the large supplies, but revival of activity
in all these directions is possible.
Cotton mills are getting more money
for goods, and have quite generally adj
vanced wages. Consumption of \ Northern
SplnnerS at the maximum would be in
eight months 1850, OO0 bales. but thew
have actually taken 1885, ,00O. The con-
sumption IS large and advances seem to
be warranted. Iron production, slimu-
pEOuuCIS
were to be dearer, is retarded by shrink
age in the products, for the whole new
business is said to be smaller than in
February or March.
The structural demand for buildings
throughout the country was never larger.
The frenzy III oil has started a large de-
mand for pipe and sheet at slight adj
vances. Rails are stagnant, though a
shade better AT Chicago. Wire for tenc-
ing, nails and wire rods are SO duh as to
be scarcely quoted, and bar, though
lifted shade, meets no increased de-
mand. BeSsemer pig is lower, and sales
of Southern pig in Northern markets
have been large at 70 cents advance.
Finished products are nearly all at their
lowest prices. Wool has been sold at the
lowest price on record this week. and
oilers to clear old stocks before new sup
plies come forward and tempt the manu-
tacturers to purchase beyond present
need. Sales of foreign wool has been S.
81, 800 bales in three weeks of April.
against 9,2J2,5OO in domestic, making the
total OF II, 4O9, 500, against 1906 100 in
1872, and less, OF course, in 1893 and 1894.
The demand for dress goods continues
large and improving, but uncertainty in
mems wear goods continues, and is some
what increased by more numerous
strikes. Cotton fannels are 3 to u per
cent. lower, and an auction sale is to be
HSiut anu SOLlG lfreg guIaTlCy appears III
prices for fine fancy goods.
Higher prices for wheat, nearly three
cents above last week, tend to check At
iantIc exports, which, with flour included
were only l. 1868, Sl3 bushels for the week
against 2,62O, 40 last year, though for the
previous two weeks about equal to last
years. Cotton touched cents, receding
to 6.93; 932, 306 bales had come into sight
and British exports OF goods were l2O.-
O0O.00O yards less in the first quarter this
year than last. With such facts. the rise
does not help to lessen Southern acreage.
The failures for the week have been 80
in the United States, against l79 last year,
and 81 IN Canada, against 26 last year.
CONTINUED STRENGTH OF PRICES,
New YORK, April 26.-Bradstreeps to-
morrow will say: The feature of the
week is the continued strength of prices
Of staples. after the striking advance of
preceding weeks. There is firmer un-
dertone in nearly all lines of trade, but at
a number of points gains in industrIals
are more marked than in commercial
lines. The furry in petroleum is sue
ceeded by very dull market. Wooden
dress goods mills have secured a number
OF orders Tor fail delivery, which ac-
counts ior the moderate activity in the
market for wool. Cotton goods are firm
on the advance in cotton, and higher
wages paid Eastern mill operatives.
AT the West, with favorable weather,
although the collections are slow, the
volume OF business remains unchanged
except at Cincinnati, where there has
been better demand, and ST. Louis,
where the request is quite active in dry
goods and millinery, and for cattle and
hogs,