The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-03-16
NOT VERY CHEERING.
Tho Business Outlook IL Still Very I'm
satisfactory.

| Tho Business Outlook Ii still Very I'm
| satisfactory.
New YORK, March 5.-Brddsheets to-
morrow will say: There are fewer new
| and favorable trade features this week
than unfavorable ones, but in most in
| stances they outweigh the latter. which
| point to a continuance of a small volume
| of business and quiet demand. In adj
| dition to the increased competition here
by Australian woods, the demand for the
raw staple has fallen off and word is re-
ceived that American dress goods manu-
facturers are using considerable Austria
liam mixed with the American staple. The
dry goods trade continues depressed, the
production being in excess of the de-
mand, cotton goods being moved gener-
ally only at concessions. On the other
hand the prices present the long
est list of increases within
week for many months. Among the
prominent ones are the advances in Bes-
semer pig iron, l0dl5 cents. 3-l6 on cot
ton; wheat, 2-5; Indian corn, u; oats, u;
pork, $l.25 per barrel; lard, 30 cents, and
sugar Lilo cents. Higher quotations are
also reported for leather and hides, with
the demand more active and the falling
of i'll stocks of petroleum is made the
basis for higher prices for that staple. A
material Improvement in the iron and
steel industries is indicated by the adj
vance in Bossemer, by higher prices for
manufactured iron at st. Louis, large or
ders placed for southern pig iron and re-
ceipt of orders for considerable lots of
rails at Chicago. Among the eastern in
dustries, the makers of shoes report the
recent advance fully maintained.
Quotations are unchanged for wool
tin, iron ore, coke, lumber, coffee and
live cattle, while concessions in prices
are rumored TO have been made on coal
contracts and are apparent for print
cloths, steel billets, copper and eggs.
r. &. Dun and company's weekly re-
view of trade, which issues tomorrow,
will say: Substantially the indications of
the state OF business are rather more
favorable. Farm products are little
higher; railroad earnings n shade better;
clearing house exchanges small percent
ages larger in comparison with two years
ago, than in February, and most of the
industries show somewhat better front,
though their gain is not large.
The money markets continue undis-
turbed but the operations of tho syndi-
cate still prevent the exports of gold and
Withdrawals from the treasury have of
late ceased.
There is not much enthusiasm about
the situation, however, because the gain
is slow and business is n long way from
what is considered a prosperous condi-
ton. The output of pig iron March | was
1J6,919 tons, a decrease since February of
6,li2 tons weekly and the increase of an
unsold stock OF $500 tons in February,
or 1929 weekly. Since Jan. 1, the
weekly on tput has decreased II ,iS5 tons
and the accumulation OF unseld sto elk
has been 1.5,jl5 tons. Besscmer plg is
weaker at PIttsburg and while the de,
mand for bar improves, it falls short of
the supply. Sheets are inactive and also
wire rods, without change in price.
Tin is a shade stronger, but copper is
lower at S9.31 for lake. In the finer and
fancy wooden goods there is moderate
business, while agents for low and me-
dunn grades are waiting for recorders. Tho
sales of wool were T., -, o0J pounds against
5,l5l.1OO iast year, and the market is quiet
without change. The failures for the
week have been 266 against 26i last year.