The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-11-07
A REVIEW OF TRADE
Dun & Company's First Report
After the Election.
BRIGHT HOPE FOR THE FUTURE.

Evidence Already That a Crushing Weight
Has Been Lifted and Rolled Away, and
the Business World Has Begun to Adj
just Itself to IA State of Freedom and
Security.
New York, Nov. 7.-R. G.. Dun e.
Company weekly review of trade says
A great revolution has been effected
this week in the conditions which con-
troll business. 1t could not be in any
fair degree reflected as yet in transac-
tons or in records, but there is ample
evidence already that a crushing weight
has been lifted and rolled away, and the
business world has begun to adjust
itself to q state Of freedom and security
which it has not known for years.
1t was not strictly logical that wheat
advanced five cents, reaching 50 for No
vember and 50 for December, and heavy
realizing of profit showed perception of
the fact. Western receipts We're only
6,0S7, 100 bushels, against S,0l9,9 $40 last
year, and Atlantic exports, -four includ-
ed We're only ,5SS, 35S bushels, against
1,790, 1873 lost year. a growing DISPOSE
ton appears among farmers to hold
wheat for better prices than are now re-
allied, although at present any advance
checks buying for export.
Speculation in cotton was also excited
on the theory that mills would now
start up, as many have done, and would
meet a large demand for goods But
the advance was met by realizing sales
and slight reaction. 1t will be all the
better for business if bright hopes do
not hoist prices too fast
The election Immediately stiffened
prices of pig iron, which reached Sl2 at
Pittsburg for Bessemer, and the GER
tainty that many large orders for build
ings and bridges and other finished
forms would now become operative just
ifies some advance. The future of this
trade now depends upon the extent of
increase in demand for finished products
of iron and steel. which is likely to be
materially affected by the course pur-
sued by various combinations. The
billet pool, which is still openly under
sold at Pittsburg, and has caused no
end of disturbance in business by favor
ing one class of producers to the detri-
ment of another, has been in session
here, and is said to have changed its
basis of allotment so as to secure fairer
results The nail combination is now
threatened with a hostile league of job
bers and producers and is openly under
sold. The bar combination, notwith-
standing its large rebate, is still de.
handing more than the prices at which
steel bars are sold III great quantity.
A slight advance i'll sheetings and
print cloths is the only change which
yet appears III the market for cotton
goods. Practically no change has vet
appeared in woolens, but the reported
purchases of wool, including one of H.
600, 600 pounds of territory said to have
been made by syndicate, amounted to
1S, 561 GOO pounds, against 5,621.350 last
year, and S,2l5,000 in 1892. The aver
age of prices rose about half a cent III
October, and since September 1,l04
quotations'by Coates. Brothers have risen
from II. 1G to 1892 cents or 6.3 per cent.
Failures for the week have been 230
in the United States, against $50 last
year, and 80 in Canada, against 10 last
year.