The herald., 1895-05-11
OPINIONS ON THE OUTLOOK
Bradstreet Sees Pronounced Evidences
of Improvement
r. q. Dun Calls Attention to Improved Crop
Prospects, and Adduces Evidence
Looking to Future Prosperity

NEW YORK, May 1O.-Bradstreet to-
morrow will say:
The present week brings distinct and in
some instances even more pronounced evi-
dences of improvement in business, notwith-
standing the increase of the wave OF indus
trial discomfort and strikes for higher wages.
always to the accompaniment OF an upward
tendency to prices. Sole leather was up an
other 2 cents and prices OF shoes are following.
Galvanized iron and wire nails are higher as
also Bessemet pig, 10 cents: sugar sc; print
cloths l-l6 cents and wheat flour - cents.
In addition, prices have remained firm for
lumber, tin and cotton, and while no actual
advance, are announced for steel billets, live
snd rice ths WEEK. the IN
prices early in the week prevents wheat quo
tations ftom showing net advance notwitll-
standing the sharp upward turn in the past
few days. The large receipts OF hogs have put
prices down 8 cents, and lard and pork have
ollowed.
United States, both coasts and from Montreal
(nour as wheaO. amounts to =, s05; 900 bushels
this, week. against 2 555. 900 bushels last
ago; 2,7i2, 900 Bushels two years ago; 3,2sl.-
0OO fin 1902. and l.Oll,OvO bushels III the Ike
week 1891.
Bank clearngs a week ago indicated the
tide OF trade at the southwest rising, and
this weeks kilograms confirm 1T. The south
sends to BIadst eets more entconragins reports
mand from either dry goods, plantation sup
plies or in collect. .ons (Which is most signili-
CAN'T is announced Dy TWO tnlruS Vi hll Citles
reporting. Al the west. previous gains are
maintained and contidcnc in an enlarged
volume OF business increa.es, At Chicago and
St. Louis wholesale dealers report Volume OF
business larger than last week and than the
week year ago.
Rather more demand appears for woman's
WOODEN, but cancellations are more numerous
and imports of WOODEN goods Withdrawals from
warehouses. were about Sl9. .OUU, 900 in the
first quarter of the year against $o,0O0,OOo
last year.
Cotton goods are strong, mills being we'll
employed, and they hold heavy stocks OF raw
! cotton, bought at low prices The failures this
against 2O6 last year, and "a in Canada against
~ last year
NEW YORK, May 1O.-R. G. Dun &
Co. 8 week ly review Of trade, which issues
tomorrow, will say:
The event of the weak is the Generalization
OF foreign exchange caused by enormous sales
of bonds abroad. Besides n sale of $40. 00n,-
through the syndicate, large purchases on for
eign az count have been recorded for some
weeks, SO that the aggregate probably ex-
ments. safety ior the summer means much
for all business. and the syndicate deems it SO
fully assured that it distributes 40 per cent OF
money advanced by the associates, which
leaves u large amount to stimulate operations
in securities and products. Crop prospects
also have greatly improved. and this is OF still
higher importance, as it VIII do much TO de-
termi ne the character and volume OF all busi-
ness after summer uncertainties are over In
addition business is reviving, although the
gain in the industries is retarded by many
strikes. Sales of wheat for the week have been
"a, 900, 900 bushels, against $4,000 900 the
previous week and 81 ,OO0, 900 the week before.
and sales OF cotton $4,000 bales, against
1,O46.OOO the previous week and i, 90O, 900 the
week before. But Thursday brought new ac;
tivity. Wheat has fallen q cents, but rose
cents that day. Western receipts are 467, 90
bushels, against ! ,2t ,704 last year., aud At
bushels against 2.1Sl,1 o last year. In three
weeks since the rise in wheat the ex ports have
been 5,016,0OO, against 7,14s,971 last year.
Peru has fallen 25 cents per barrel, lard 20,
lower, and receipts, in spite Of a bad predc-
ton OF great decline. still exceed those OF
1892. The industries were distinctly gaining
when strikes began, which have spread quite
widely.
Garment workers in several cities and Po-
cahontas coke workers are still out with sew
eral thousand woolen workers near Provi-
dence. Other woolen mills and the furnaces
iu the henago and Mahoning Valleys, which
are making $4,000 toes per week have stopped
and the Illinois steel works. she largest west
ern concern, are directly affected which pro.
duced % per cent OF the entire output April
LIST.
The output OF iron still exceeds the con-
sumption but has fallen 1878 tons weekly in
April to 15O,5o4 May 1st.
Bessemer pig has raised to 5000 at Pitts
burg. and the demand for finished products
does mt equal the recent output but Is dis
timely increa asiug, bars and sheets selling
more largely. The more noteworthy gain is in
orders for steel rails. 30, 600 tons for the Penn
sylvaniG and 5O,OOO for western road. Coke
production still lessons, 6722 tons for the
week and 69,363 or % per cent in the past
week Tin has raised to 40 and copper TO
los by increasing demand.
bales of wool for the past week are less than
in 1892 but larger than in the past two years
though prices do not rise.