St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-13
A GAIN In ALL BRANCHES
Is Indicated by the Weekly,
Trade Review Of r. G. 'oqq
Dun & Co. Ig:a
SHORTAGE IN BEEF SUPPLY
Considered to Be Partly Ma
nipulated-- Bradstpeet's'd
Weekly Reports. w

NEW YORK, April lz.-R. VI. Dun
& Co.'S weekly review of trade to-
morrow will say:
Progress toward better business
continues, but it is slow and meets
many obstacles. In speculative as
poets and i'm wholesale demand for
goods, the week shows improve
ment. Money markets are undis-
turbed and a little more active. But
among the chief obstacles is the anx-
iety of operatives to secure better
uring works are running without
profit and others at the risk Of loss.
In a number of establishments bet
ter wages have been conceded, thus
increasing the purchasing power Of
the people, but strikes have largely
overbalanced settlements, several of
Importance having thrown about 12,-
900 workers out of employment this
week. Retail trade has improved on
the whole since March, as the ap-
proach of Easter brings more bust
ness, but distribution to the indi-
purchases of jobbers. and such de-
mand for products as springs from
building and other investments look
ing into the future. Crop prospects
will greatly affect the course of trade
for some months, and the govern
ment report had little influence to
discourage. For consumers the worst
feature is the rapid advance in
meats. For the first time in a long
period prices of commodities aver
age a
SHADE HIGHER
than year ago, and in Great Bri-
tain also, owing to different causes,
a slight advance occurred in March.
On both sides of the ocean the lowest
level ever known may naturally be
followed by some rise. Cotton is on
both sides more buoyant than any
thing else, except meats and PEI
troleum, crude oil having risen to
$1.80, the highest price for over
seventeen years. Nothing supports
the advance of an eighth in cotton:
that the next crop will be short, for
receipts are large, and about 10000
bales more than the largest crop
ever grown have already come into
sight this year. Wheat has yielded
nearly cent, although Atlantic ex-,
ports for two weeks have been 8, 706,
643 blu, flour included, against $780,
68S bu last year, with Western rezi
ceipts only 2,0Ss,4 against 4,223, 443
last year. Receipts of corn are about
half and exports about fifth of last
year. Decrease in 80
RECEIPTS OF CATTLE
are exaggerated, $50, 4O6 having ar
rived at Chicago against 7S9,543 to
date last year, and the prevalent
opinion is that Western packers are
helping nature to some extent. The
output of pig iron April 1 was 1885,
1872 tons weekly, practically the same
as March 1, with decrease of 1,080
tons in unsold stocks during the
month. Doubtless heavy stocks
were taken up by manufacturers in
works, but the apparent consump-
ton is larger than at any other
time for some months, and only a
sixth less than in March, 1892. Bes-
Semer iron has advanced a little
further, to $10.75, at Pittsburg, but
there is no change whatever in
prices of finished products during
the week, and, while the demand
continues good for structural forms
and a little better for bar, the
marked decrease in demand for
wire, owing to the scant purchases
of farmers for fencing, affects the
outlook. It seems probable that pig
iron must recede unless a larger de-
mand for finished products is soon
developed
SALES OF WOOL
are particularly interesting, amount
ing for the week to 5000, 200 pounds.
and for five weeks previous to 25.-
GIL, 200 against 25,277,676 in the same
weeks of 1892. In brief, sales are
close to the quantity required for a
full consumption, and the long de-
lay in placing orders and the late
ness Of the season make the pro-
portion of mills at work larger than
usual. No improvement in prices
appears, and domestic wool does not
respond to recent advances in for
e1gn markets. The low price en-
couraged manufacturers to COM
pete much more vigorously with the
foreign goods of many kinds than
they had expected, and for the
medium and cheaper grades of
goods they have more than the.
usual demand, because purchases of,
consumers have for two years been
comparatively small. The better.
goods fare not so well, foreign come
petition being more effective. but
there IS a good demand for dress
goods.ln cottons continued strength
appears, with further occasional adj
Vances of a quarter and an eighth
IN print cloths, and the aggregate
is fair. Many agents are sold well
ahead.
Failures for the week were 2o7 ms
the United States against 21S lasiol
year, and q in Canada aeainst OPP
last year. 454
ToA