The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1896-11-14
As Seen and Reported by Expert
Observers
VERY GREAT IMPROVEMENT
Is Noted 10 Almost Every Branch of
Manufacturing
No One Seems to Doubt That Brighter
Business Day is Dawning fo-
American Merchants

Associated Press Special Wire
NEW, YORK, Nov. 13.-R. G. Dun &
Co.'S weekly review Of trade tomorrow
will say: No one doubts that the bright
er day is dawning, and 1t is the common
remark that never before has business
shown so great change within single
week. Dispatches telling of about 500
establishments which have opened. to
have materially enlarged their forces,
though they fill many columns, give only
part of the facts, for throughout the
country the gain has been surprising.
even to the most hopeful. 1t is not mere
speculation of hope which lights the fires
and starts the wheels. for orders which
with the necessary replenishment of
dealers stocks. now greatly reduced.
have been accommodating for months
would employ the whole producing force
for time, and the increase in the num-
ber of hands at work means increases
in consumption. Foreign need of
American wheat continues an i'm
portant factor, and the price has ad-
vanced to SS cents. gaining cents for one
week, 10 cents for two weeks, and "a cents
since September. The price is the high
est since June. 1892. The western re-
ceipts were only 4.494, 1888 bushels, against
S,202, 1854 last year, but the election cut
,ss ,,,,,c,, ,,,ori, d,,r,rg ~. dava in which
th,so rao.;rt. ,,ors st.rted n rnarket
r,norts -, s.,t, - .na,,t,, ,raiv,,t ro,,,
war. for two yveak. . III os1 bushels
ao,- ,ro,,,daa .r.;r.+ oeo 2aA oct veor
.nd p.c;e, st,inr,ants a "a a,so heavy ~
Ins,a cn,,th Aer,o. ~ Au.tro,io Menv
ta~t,I. ,,,ori,. ha,,s h.sr st.rt,,. ~ IN.
a.oo,,,,- roro. ,os.,,, ~, oraars hooL.a
u,eaLs Or, p,,t thara hes mt hesn much
ro,,, q, ~ a.,,ora q. vat After r,r-
oho... -, AZ ooo ooo nornds of wool IN av.
u,eeL. tho tr.nsac ct,or fall to q ola Too
mounds ,o,t we.k hu+ rr,ces wer. strong
ard ,v .o,,,. .r. 40. o,a cert h,,her ord
even a greater advance ia demanded at
the west while foreign markets are
b;vher and Australian f,,,iv one cent nor
no,rd Tbs outnu+ of iron FURNACES IN
blast Nov 1st was 1ol 077 tons weakly
having been Increased ii as5 tons or 10S
nor cer+ n tho latter M ri of f,ctober NV
conf,dance IN tho fut,,re All the markets
ware stror~.r .,thovyh tbe ororn,ou.
n,,rcba sas of niy iron IN adya NO. ~ needs
nor and pVanr tvro or ftvyff a
ant plates ana st.eI hars 70 a n 50
per ton higher, and sheets in better de-
mand. Anthracite and Bessemer pig
have advanced a shade. and the average
of prices is 2h cents higher. The billet
pool is in protracted meeting here this
week to decide upon its course and is still
undersold. The BEAM bar rail and wire
nail associations meet this week and the
underselling of wire nails by outsiders
has gone so far that a decline of As cents
is openly quoted. 1t is noteworthy that
the prevailing expectations. notwith-
standing the general Improvement in
business. is that some, IL not ALL these
combinations will decide to reduce
prices. The coke combination. II now an
pears. has not prevented large contracts
for future delivery at less than 81. its
fixed price, and even less than 81. rs. but
the output last week decreased. heavy
O,OOO, 900 pounds, has raised the price to
sale of copper to foreigners, said to cover
liz cents, and tin actually sells at 13
cents, though less Is quoted.
The business failures for the week
have been 276 in the United States
against 2s6 last year, and 46 in Canada.
against 40 last year.
BRADsTRE,ETs REVIEW
Rradstreet,s tomorroIv will Gov. Tho
volume of business ,nnroves steod,,,, IN
nearly all lines Tho n,ost .ct,,. de,,,.nd
ia among iobbers in drv goods o,oth,,.
millinery. sheets leather ora ho ra,,,aro
and in leading industr,., ,,ras na.r,,,
200 mills factories a nd foundries ho ov,,,g
started I'm this week one-hoif 30 tha,,,
in steel machinerv tool. 20 orr,or.s 1,,,,,
her rlas. woo,en and cottan roods,
lines. About sixtv-three otber ind,,.+,,.,
estab,;sbemnts have ,,oraasaa .ho,-
vorkinp forces or worxin 8, ,o,,rs t.t,,
among them heinp nineteen ;ro,, a,a
steel and glass works and four fontor;os
each making 1arns cIocl,s uoo1a,, .,a,,a,
and oot+on A nort;,, rao,na - ~. eooNN
her of man eivar o,,,r1o,,,,,a,,t =, ,..s'.-
+ria, l;nes since Nov sho,,,, ~ $3.50
gate of nearly 40 ooO The den,.rd fos tno,,
ord st.o, hos ro. ,,,o,,aosoa g.. '.o''
t,v;tv ~ a waeL :. go h,,t 49,.
in some Instances advanced 49, III" .no
trada continues coredant ~. ne
;noss d,rin, the cor,,n -