St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-16
THIS is FAVORABLE
Business Is Bettep--ProductS
Are Higher and Railways
More Active.
DUNE co.'s WEEKLY REPORT
Shows Money Markets Steady
and Strong - No Gold
Shipments.
DUMB co.'s WEEKLY REPORT
BETTER TRADE FEATURES
Are Few But Important, Says
Bradstpeet's Weeks
Review.

NEW YORK, March Il. II. G.
Dun & Co. s Weekly Review of Trade
which issues tomorrow, will say:
Substantially all indications of the
state of business are rather more
favorable. Farm products are little
higher, railroad earnings a shade
better, clearing house exchanges a
small percentage larger, in COM
parison with two years ago, than in
February, and most Of the industries
show a somewhat better front
though their gain is not large. Money
markets continue undisturbed, the
operations of the syndicate still pre-
venting exports of gold and with
drawals from the treasury having
Of late practically ceased.
There is not enough enthusiasm
about the situation, however, because
the gain is slow, and business is a
long way from what is considered
only prosperous condition.
Further the gain is in some cases
due to obviously temporary causes,
which do not make prosperity.
The higher price of cotton, which
has risen to SOC cents, results from
believe that the acreage this year
will be greatly reduced Wheat has
risen &c, because government re-
ports only 50,0OO,00O bu in farmers
hands, March l, though practically
nobody in the trade thinks the esti-
mate correct, and the accepted esti-
mates are about 10000, 900 blu higher.
Western receipts have again risen
above, and exports continue below
last years. Partial loss of the cot
ton and wheat crops or a great de-
crease in production would hardly
be an unmiXed blessing to the coun-
try. Corn has risen 1c, following
wheat; pork $1.25 per barrel, and
hogs 10c and lard Soc per 100 pounds.
The output of pig iron March 1 was
l56,979 tons, a decrease since Feb.
OF 6,512 tons weekly, and the in
crease of unsold stocks was 50 900
tons in February, or 1925 weekly.
Since Jan. 1 the weekly output has
decreased II ,435 tons, and the ac-
cumulation of unsold stocks has
been 125,515 tons. Prices do not rise.
ana except at Chicago there seems
10 De no general increase of de-
mand. This improvement is OBJ
served in nearly all parts of the in
dustry, particularly in material for
agricultural implement works. and
at P1ttsburg the demand for strrct-
urai forms continues large. But for
l1n1. Of
that are climbing toward the sky
all over the country the condition
OF the Industry would be much less
favorable. Bessemer pig is weaker
at Pittsburg, and while the demand
for bar improves, it falls short of
the supply. Sheets are inactive. and
also wire rods, without change in
price.
AT Philadelphia prices are no firm
er nor is the demand larger. and re-
ports of coming advance in coke
and ore do not stimulate buying.
Tin is a shade stronger, but con-
per lower at 1897 for lake. In the
cotton manufacture there are signs
OF Improvement, apparently caused
by the advance in raw cotton. Civ
ing greater confidence that present
values for goods will be maintained
so that the fall in print cloths has
been checked and there is more buy
ing Of other goods.
In the finer and fancy wooden
goods there is a moderate business.
while agents for low and medium
goods are waiting for recorders, al
though some have already sold
enough for the season if no cancel
latlons come. Sales of wool were
4,6S3,20 pounds against 5,151, 700 last
year, and markets are quiet without