The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-03-30
A BRIGHTER OUTLOOK
Prices Advanced on Nearly Every
Commodity Yesterday.
NOT DEAD BUT SLEEPING
Nothing Fictitious in the Display
of Confidence. and No Spec
ulative Craze Caused
the urn.

NEW YORK, March Or. G. Dun q
Co.'s Weekly Rerieto Of Trade will say to-
morrow: Signs of improvement are the
more satisfactory because they are neither
accompanied nor apparently produced by
n speculative craze. Dealings in stocks,
cotton and wheat are not diverting all the
interest and capital from productive in
dustries and legitimate trade, though
these products are all n shade stronger,
but railroad earnings, bank cloarlngs and
industrial indications are more encourage
ing this week. Higher wages for coke
workers have been followed by a formal
advance of 40 cents in the price OF coke,
and now Bessemer pig has risen 81 cents
mt Pittsburg and % cents at Philadelphia.
So far there is no answering in case of or
in prices for manufactured products and
on the whole the range is slightly lower
than n week ago. Raw cotton has been
hoisted until a stronger market for goods
resulted, with some advance IN prices.
The tone of the dry goods market has
been decidedly irregular, although il does
not appear that retail distribution has
correspondingly increased. But stocks
of retail dealers are light, and when they
feel that prices are bound to rise, the de-
mand may grow rapidly. In the wooden
business cancellations in some lines have
been startling IN magnitude. Many mills
which supposed their whole product sold,
found themselves in great need of GUS
toners. This seems to be mainly in low
grade goods, inferior quality being their
common complaint, but delays through
strikes also play a part, while offers of
cheap foreign goods are not to be over
looked. Quite large orders have been
taken by foreign agencies for finer
worsteds and woolens and all the way
from the poorest shoddy to the best goods
the competition will doubtless be sharp.
Sales OF wool for the week have been
quite large, 5,S29,S0O pounds against
4,07S, 200 pounds last year; partly because
quantity held for a loan was forced to
sale. But sales in four weeks have been
19,546, 200 pounds against 1913, 600 last
year and q, 1873, 400 in 1892. The failures
this week have been 23i against 233 last
year.
NEW YORK, March 29.-Bradstreet's to-
morrow will say: General trade for tho
third week in succession continues to
show evidence of improvement. In no
other direction is this so plainly indicated
rs in the tendency of prices. A week ago
encouragement had been obtained from
generally unexpected advance in cotton
and wheat. Following their slight reac-
ton, the week has witnessed a firm cotton
market, further improvement in wheat,
with sympathetic influence in corn and
oats. Tho effect is greatly emphasized
this week by advances in quotations not
only for coke, but prospectlvely for iron
and for Bessemer pig iron, for steel bill
let's and actually for manufactured iron
at western markets.
Higher quotations for cut meat and tho
outcome of restricted supplies of cattle.
and this is behind increased demand for
shoes for fall delivery, as quotations for
leather continue upward on tho compare
tive scarcity of hides. Firmness in cotton
and the late advance has shown itself in
higher quotations, not only for print
cloths. but other varieties of cotton goods.
An increased demand for petroleum on
the reports of reduced output had pushed
prices up aud higher figures for hogs
have brought like quotations for pork and
lard. In addition advances are reported
on butter and eggs. Such a list of in
creased quotations within a week, the
third within three weeks, tells its own
story.
Among staples reported firm or un-
changed in price are wool, although NOV
ing in larger volume, cotton, sugar, coffee,
leaf tobacco, rice, lumber and millinery.
AS important as any of the other infor-
nation bearing on the conditions OF trade
are reports from Minnesota, South Da-
kota and Iowa that the soil is greatly in
need of more moisture which, with the
unseasonably warm and dry weather,
promises n restricted area of wheat, par
ticularly in South Dakota. To some ex-
tent these conditions prevail in Kansas,