Omaha daily bee., 1896-12-19
REVIVAL IS IN THE FUTURE
Business Waits for Gradual improvement Of
Consuming Demand.
DUNS REPORT CONTINUES HOPEFUL
Preparations being Made for II Large
business Next Year, but other
wise No Changes Are Ex-
pectcd for Two Weeks.

NEW YORK, Dec. 1s.-R. G. Dun & Co.'S
Weekly Review OF Trade tomorrow will
say: Cuban reports unusual closeness of
money in Germany and the decision that
there will be no action on the tariff at this
session have not really changed the situa-
ton, but have been talked about as II
they might change 1t. a sudden demand
for gold from Germany just before the
close of the year, is not unusual, nor does
it count for much No facts, but only de-
sircs or fears, have led some to look for "a
change of tariff before March, and consid-
erable speculation based on that idea has
been arrested, but other business waits
for the gradual Improvement of the con-
suming demand. The holiday trade is gen
orally large. though at some points more
confined to cheap goods THAI usual, and the
influence Of an increase in the working force
Is felt in other ways. But until the new year
the only material changes expected are such as
prepare for large business next year.
Exports of cotton are naturally stimulated by
lower prices. The demand for goods In this
country falls below the inside production and
the market is weak In tone, with prices OF some
tobbers beached goods shnrply reduced Specu-
lation In wool has halted sales for the week
being 3,I2i 200 lbs, against 5.lsO.OOO last year
and 5,GjliOO in 1872 and concessions are more
frequent Ohio NX selling at u cents, against 20
cents recently The demand FOR goods TO
have been postponed until after the holidays.
TIE control OF the Mountain Iron Mesaha mine
has been leased for nfty years, or purchased by
the Carnegie interests from Mr. j. u. Rocke-
feler This, with the erection of sixteen
open hearth furnaces, making thirty-siN, in
sures enormous increase of production at
tromely low cost, and will affeCt all Combina-
tions in steel products or In The billet pool
has practically dissolved. and sales reported
at SIG TO SlI, with contracts to supply consumers
throughout most or the whole of next year The
beam pool has revived and restored the price
to Sl.b5, but nails and steel bars shade
lower. The rail association has been in
sion and our Philadelphia dispatch states that
rails are sold at S2j, against SIS, long main
tained. Besscmer pig and grey forge are shade
lower at Pittsburg. Virginia and Alabama iron
are offered 25c lower at the east, and with
much uncertainty regarding great changes in
progress. very little Is done in finished products
and generally at concessions. \ sale of 900 coo
lbs of lake copper Is reported at 1lRc. Coke
production is increasing, with contracts reported
at $L5o.
The boot and shoe industry is near the end of
the orders, receiving scarcely any OF the adj
vances asked, but eastern shipments are stll
large.
Wheat about 2c Monday but declined still
further. and closed he lower for the week. The
receipts in two weeks have been 66253S2 bu
against 800 5S7 last year, and Atlantic exports
for three weeks have been flour included, 6,92l lA
bu., against 59OI,S2i last year. November
ports, flour included, l5 S35, l36 bu. against
ll,332 li0 last year, of which Pacific 5,SlSlgO
bu.. against 4i053Ol last year. For three months
exports of cotton and breadstuffs have only
about equaled the total value of all imports.
Failures for the week have been 367 in the
United States. against 3I7 last year. and Il in
Canada against % last year.