The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1895-04-18
BETTER WAGES CONCEDED.
The Peoples Purchasing Money Has
Been Increased.

1nt GtOpi0 AAAohNy <@~'
Been Increased.
II. G. Dun & Co.'S weekly review OF trade
Gays:
Progress toward better business continues,
but 1t is slow and meets many obstacles. In
numt er OF establishments better wages
have been conceded, thus increasing the put-
chasing power OF the people Strikes have
largely overbalaneed settlements, several OF
importance having thrown about $4,000
workers out OF employment this week. Re
tail trade has improved on the whole since
March, las the approach Of Easter brings mere
business.
The output OF pig iron April was 15s, 1872
tons weekly. practically the same as March J..
w.t. n decrerse of / ,0S0 tons In unsold stocks
during the month. Doubtless heavy stocks
were taken W by manufacturers In anticipa-
ton OF "A strike in the coke works, but the
apparent consumption is larger than Mt any
other tit. y for some months, and only n sixth
less than in March, 1899. Bcssemer iron mas
advanced TO $40 75 in Pittsburg, but there is
no change whatever In prices OF finished pro
ducts during the week.
Failures for the week were 207 In the
United States. against 2ls last year, and n
In Canada, against 81 last year.
"Bradstteet's Financial Review Says
Speculation continues TO be mainly pro-
fessional, and Is subject to the changeable
conditions which that implies. There has
been no great activity, and the influence Of
the stock exchange holiday on Friday, sup
plementing the practical suspension OF busi-
ness ut London over Easter sunday. tended
at the close OF the week TO still further re-
strict the volume OF trading. The only bull
manipulation of any moment was In sugar,
which had IA moderate advance. while there
were some interesting developments in con-
neciion with NeTth American.
"The National Proyisioner.' the organ Of
the meat and provision trade, will say:
mo more absurd theory has been advanced
for some time than the receut attempts
which have been made 10 make the consum-
ing public Of this country believe that tho
shortage Uf cattle, now 70 apparent every
ghere, Is due TO any other than natural
causes. With a wisdom begotten Of igno-
Race and inability or Discrimination to accu-
tately investigate, false ana erroneous news
has Deeu trumpeted In every state in the
Union TO such an extent that tile greater por-
ton Of the people OF America are under the
impression to day that this great food pro-
duet Is tied up IN the vicious grasp OF n mo-
nopoly. Ii Is absurd and unjust to couple
the names OF reputable business houses with
conditions for which they are no way respon-
sible. II would be an absolute impossibility
for "a combination Of men, no matter what tho
extent of their capital, to corner the beef or
cattle market and the money has not yet
phic reasoning, and "a glance over the past
history Of attempts TO corner meat products,
would readily demonstrate how iallncious
arguments are in this particular instance
Haight & Freese, Of New York, say;
Improvement in general business through
out the country still continues. aud accounts
from the principal centres of wholesale trade
are most encouraging, "while better wages
with better times IL the order Of the day iE
many OF the industrial districts. Great im.
por,ance is laid upon the large sales Of iron
ore at Cleveland. "ney are nearly 40 per
cent. larger than at this period last year.
Largely Increased ore sales has been follow.
ed by revival IN the iron trade, reliable
barometer OF trade conditions generally.
Tho soaking rains throughout the whole
country have also favorably affected farming
interests and given renewed confidence IN
Granger prospects for 1885, Throughout the
week the stock market has presented great
resistance TO all bear attacks, and the ab-
sence of all liquidation has been most pro.
nounced.