Omaha daily bee., 1896-11-14
WEEKS REVIVAL IS A RECORD
Never Before Did Business Recover So
Much Ground in Eeven Days,
BIGGER INCREASE IS YET TO CONE
Cotton Goods Market Has Not Yet
Felt the Impetus to Any
Marked Extent II. G..
Dun a Co.'S Report.

NEW YORK, Nov 12.-R. Dun & Co.'S
Review OF Trade will tomorrow say; No
one doubts that the brighter day is dawn
ing and it is common remark that never
before has business shown so great
change for the better within single
week. Dispatches telling of about son es-
Establishments which have opened or have
materially enlarged their force, though they
hu many columns give only part OF the
facts. for throughout the country the gain
has been surprising even to the most hope
full. 1t Is not merely speculation or hope
which lights the fires and starts the wheels
for orders which have been aCcumuiatnS
for months with the necessary rcp.entSh-
ment Of dealers stocks now greatly reduced
would employ the whole producing force for
a time, and the increase Ia the number OF
hands at work means increase in purchases for
Foreign need Of American wheat continues an
important FACTOR, ana the prices nave al'Au,'"
weeks and gic since early In september. The
price is the highest since June, 1872 Western
receipts were i4E- .'s hu. against o.-U- >'4 hL.
last year. but the election cut of much work
during the days In which these receipts were
started to market. Atlantic exports. IN spite "i
scanty freight room. were for two weeks 2.Tl7,-
23l bu., -four. included, against 3,c6o3| ou. last
year. and Pacific shipments are also heavy To
India South Africa and Australia
Many textile works have been starting or in
creaslnr forces mostly on orders booked weeks
ago. Bn, there has not been much gain in the
demand yet After purchases 81 i6.WN"l
lbs. Of wool In five weeks the transactions fell
TO c243.70p lhs. last week, but prices We're
strong and in some grades lc higher. and an
even greater advance is demanded at the
west while foreign markets are higher and
"A slightly better demand FOR lightweight mems
goods and FOR dress goods but not enough as
yet TO start most of the waiting mills.
The cotton goods market is not yet active.
More liberal estimates OF the cotton crop are
generally credited. causing lsc decline TO Sc.
The output Of iron furnaces In blast November
! was l-4 OsI tons weekly, having been increased
N 291 tons. or 1915 per cent. !u the latter part
81 October 10y confidence in the future. AN the
purchases of pig iron IN advance u needs
causes comparative inactivity at present.
Plates api steel bars are from 81 20 -
per ton hiEh er and sheets In better demand.
Anthracite and Begseuar pig have advanced
shade. and the average Of prices IS 2's per cent
higher The billet pool g. IN protract"i meet
ing here this week TO decide upon its course, and
Is siln uuacrsu3 The beam, bar rail AMI
wire nail associations meet this week. and the
unf.rsolliur of wire nails by outsiders has gone
so FAR that decline " Soc is openly quoted.
II Is noteworthy that the prevailing expectation
is. Notwithstanding the general Improvement In
business. that some, if not all. ~ these COM
hinafions will decide 20 reduce prices. The COM
hinatlon IL now appears. has not prevented
large contracts f0r future delivery nj less than
81 its fixed price. and even less than si.-5 hut
~ COPPER 90 foreigners. said TO cover 10000 oon
'hs has raised the price 20 llisc. and Tin actu-
allv sells at l2u. though less s quoted
Failures FOR tho week have been 17f In the
United States against 2s3 last year. ana &c In
Canada, against 80 last year.