The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-03-23
ALL ABOUT BUSINESS
The Outlook Is Not Particularly
Encouraging.
SOME GOOD SIGNS ARE OUT
The West and south Appear to
Be Doing Bettsr Than the
Gold Bug CenterS of
the East.

NEW YORK, March pr. G.. Dun &
Co.'S Weekly Reuieio Of Trade, which is
published Saturday, will say: The indica-
tions of improvement in business grow
more distinct. The most obstructive OF
them, the speculative advance IN cotton
and in stocks, is the least reliable, nor
can either of these be said TO reflect the
actual improvement in the business con-
| ditions. Railroad earnings are scarcely
| better and speculation is largely based
on the expectation of more effective
monopoly in corn aud some other pro-
ducts. London was buying largely, but
likely to sell on any rise. Cotton does not
rise because there is no more demand for
goods. but because cotton is dearer.
More valuable indications are that tho
volume of domestic business gains little,
money is much better and in legitimate
demand, the force of the hands at work
gradually increases in some industries
| and IN others is restricted only by tho
strikes, which are presumably temporary.
Pig iron is weak without 'change, both at
the east and at PItIsburg, and no change
of consequence is noted in the demand
for finished products.
Copper continues weaker at S9.25 Tor
lake, American products in February go-
ing 1910 tons and foreign 6,739; while tin
has risen sharply to 1873 cents. Lead is
weaker with heavy sales of $500 tons do
mestic and 500 TO foreign takers at S3.Oi.
| The rise in cotton has stimulated the buy
ing of goods and given confidence to
agents. Heavy transactions and somo
advances IN prices appear in southern
coarse gools, but not as yet in the finest.
Whhc many orders are detained by labor
difficulties, there is also much complaint
Iif fnia to hn
fed in some cases by inferior qualities,
but in others not justified at all. The or
ders for the fail are at present small and
business has been quiet. Sales of wool
gradually decrease and for the week arc
smaller than last year. Failures during
tn, past week have been 278 against IA
last year.
Brddstee,'S tomorrow will say Improve
ment in general trade is more marked but
not general. 1t is moro conspicuous at
larger New England points-notably Bos-
ton and Providence, and at New York,
Pittsburg, Cincinnati, Louisville and
other cent ers along the Ohio river valley
to St. Louis, and as far west as Kansas
City. Similar reports come from Chicago,
Milwaukee and St. Paul, the first named
announcing that smaller quantities OF
money are being offered, the banks work.
; ing steadily toward per cent. basis.
The demands for loans continue to inn
prove and the reserves are lower than for
year past. From other cities n better
feeling Is reported in the recent developed
strength in cotton, wheat and flour.
The widespread prevalence of the in
quiry whether this upward movement is
the beginning of a permanent recovery
from tho two years of depression is of
itself Insignificant. While among inn
portant price movements there are reac-
tions for wheat, oats and lard from the adj
vance of last week, this was to be ex-
pected as the outcome of a selling move
ment to take the profits, emphasized by
favorable crop reports from abroad and
freer receipts. Wool remains unchanged,
although tho volume of business Is
smaller because it is.between the seasons,
while dress goods and Australian woods
are more popular.
No changes in quotations are noted for
coffee, sugar or naval stores. On the
other hand cotton has jumped up bio OF
a cent; corn is = cent higher and butter
has scored another advance. On the
Pacific coast lumber is higher and adj
vancing, and all the central western mar
4 kets for leather is up cent per pound
: and calfskin to cents per foot. Live
/ cattle have also advanced as has coke
D Taken in connection with the increased
, wages paid the iron and steel workers al
0 Pi,tsburg, this indicates an advance fol
: Bessemer pigiron and billets. The eX
/, ports of wheat, including flour as wheat
], from both coasts, equal 2.99S, ,G55 bushels
: this week, or 207 600 bushels more thar
: last week, more than 100000 bushels il
t excess of the quantity shipped abroad il
!, the third week of March, 1s9i, more thar
4 100000 bushels IN excess of the total IL
4 the like week of 1893. The increase al
: com pared with the corresponding perioC
OF 1892 is about 100000 bushels, and will
n 1891, more than 10000 bushels.