The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1896-02-06

/ YORK City, thefo IN fhlr, even kood de-
rnand az slightly rising yaluea.
IN THE IRON TRADE
There seems 70 be a difference OF opln-
ion among the steel and iron men. Gome
OF them report good business NJ higher
prices. while others eay thO trade II fiat
and the outlook poor
Joseph Wharton. Philadelphia THE
iron and steel business has been remarka-
bly, depressed during three months OF
continually declining prices. The con-
sumption. however. has gone on fairly
well, and there are now Indications OF
higher prices In the near future for nil
articles. from pig iron 20 the various
finished forms OF iron and steel. In
quiries have recently been more abundant
and a number Of heavy contracts have
been placed. The opening OF spring will
surely bring briSker trade and higher
prices. Confidence had begun 10 appear
when Il was rudely shaken by the foolish
talk OF silver senator's. The presidents
Venezuelan message had also most
damaging effect, which II now gradually
passing away"
GROCERY BU5INESg DULL.
Wholesale Krocers In the larger cities
are practically agreed that the outlook
IL
Prices, they say, are low and orders small
They Join the chorus Of other business
men IN blaming congress for the slow
recovery of the commercial world from
the effects OF the panic.
JEWELERS. ENCOURAGED.
Dealers in jeweiry are rather hopeful
OF n fair trade during the spring ana
throughout lsgs They ali appreciate that
their goods are luAuries which do NOT
appeal 70 buyers except in times OF pros
perity, and II Is therefore gratifying 10
md among them q certain measure on
confidence as 10 the future.
DRY GOODS OPINION.
Dry goods merchants whose trade lies
mainly in the South express themselves
as well satisfied with the present condi.
tons and very hoc@ful OF the future. The
high price paid for cotton has brought
them many customers. In the West. how
ever. where farmers have received low
figures for grain. the dealers say the
dry goods business is only fair. and there
IL no immediate prospect OF Improvement
Isidor Straus, OF r. II. Macy & Co,
New York. said: so far as We are con-
eerned. the outlook ~ encouraging. The
weather has been very beautiful and this
has made business for January exception
ally excellent. I think that II the same
conditions prevail the dry goods houses
will have moderately prosperous spring.
But we can hope for no sustained PROS
perity until this country goes out OF the
banking business and the currency Is
placed on some footing which will hold
the banks responsible for its stability.
With stability In financial conditions we
may expect TO enter upon period OF
continuous prosperity. and not before"
GRAIN OUTLOOK GOOD.
II seems 10 be the general opinion
among the grain dealers interviewed by
the Herald that the priced OF all cereals
are In for a rise. The spring Is locked
forward 20 for n general advance that
Will bring prosperity In its wake. A ma
tority OF the men who expressed opinions
are decidedly bulls.
u. G. Logan, Board OF Trade, Chicago,
said: IT seems 10 me the depression
In the grain market Is about over ana
that the rise In prices has begun. Every
indication Is TO the effect that higher
prices VIII prevail In the sprng. and this
means better feeling all around. No
one is In good spirits when a bear mar
ket prevails. Our exports OF wheat are
satisfactory. and the fact that other
wheat producing countries may not be
able to supply as much as they have
been claiming leads me TO believe that
our foreign shipments win be very large. I
Much better prices for corn are antici- /
pated In the spring. and thero is no rea-
son from the conditions now prevailing, /
why We should not have them. When 4
spring comes l think We will see good |
times In the grain market"