Omaha daily bee., 1897-01-16
IMPROVEMENT IS GRADUAL
Steady Progress is Noted in the World of
Business.
RENEWED CONFIDENCE IS APPARENT
Exports Of Wheat, Flour Included
Show II Marked Gain over Those
for the Corresponding
Week Last Year.

NEW YORK, Jan. 15.-R. G. Dun & Co.'S
Weekly Review of Trade tomorrow will
say:
The greatest growth and prosperity the coun-
try had ever seen came suddenly in 1879 after
several months of disappointment because
specie resumption had not brought the bench u
expected. 1t is not the largest and most power
full vessel that can be started most quickly, urd
II takes time for new confidence to reach,
through easier money markets. larger orders,
resuming mills, expanding employment ana
larger distribution to the results which make
still greater and lasting gain possible. Such
gradual and steady Improvement has been in
progress for than two months.
The output of zig iron gained 1873 pr
cent in December and ilG per cent since octo-
ber l. The output Of coke has increased SS7
per cent since October I.
Sales Of wool have again become larger,
though not yet fully reported. Money marked,
teel steady increase in demand for CONNER
cial and manufacturing loans.
Additional works have gone irto operation
cacl week In January and tde working force Is
larger than at any other time for six mont
Best OF all, there is SO little crazy excitement
that 1t may be desc ribei to deliberate Judgment
of the ablest and NEST prudent men i'm lusi. ess
Ii ~ not time of high prices Many who are
anxious to get an early hold on the market are
making for the moment lower prices than they
could afford to maintain. Some have secured
orders enough fer months to come and begin to
be less Keen In competition. with the Increase
III tie output Ol pig iron to lJ9, 40 tons weekly,
against li22'S last month the price Is shade
lower at the east and at Chicago. but neavy
purchases already have advanced BCJsemer u
shade at pittsburg. sale Of 10 Geo tons Of
tennessee No. for export viii yield only SG.&Tlh
al the mill and the shipment OF 20CO tons Of
billets to Manchester will yield only SIS at
Pittsburr. Steel bars have been reduced to /
cent and some other finished produC5} 81 per ton
hut the demand on tlc whole is steaCiil, GROW,
ing. Tie coke output has risen from 20 coo to
4S42 tons weekly and minor detail metals are a
shade stronger
Tnxt
tle demand FOR goods, which scarcely increases
though more print cloths were told than for
tnahy weeks But some mode of clearing away
.he enormous surplus has become necessity
Lower prices are expected in goods and slow
buying Is not unnatural since cotton has fallen
l'S per cent from September II, print cloths :
per cent, beached goo., 3ia to ajs ana brown
goods 2is, and per cent.
Though woolen goods do not improve there
ave been enormous purchases of wool by large
mills not IN the records, wlich cover for two
weeks OF January Of I,1lO.5Oo pounds at the
thfee chet markets., against ll,Sl7 600 last year
some large purchases Of leather, including 10 600
sdes of grain indicate 'that some shoe manu-
iacturers are seeing their way TO more active
%ork ana shipments to the west thus far are
70 per cent larger than last year. Hides at
Chicago are 2l2 cents lower
The wheat market has varied but slightly
closing one-fourth of cent lower Western re-
ceipts Tor the week, 1906 032 bl"hes, against 2
1924 bushels last year are checked by Storm.
and by current prices in view Of farmers ex.
peciations Atlantic exports were I5G iyi
nusnels, Hour included as wheat and for two
weeks 74e45ll bushels, aEailGt I,lS3, 100 bushels
last year. December exports were 10 SiS5ig
bushels at Atlantic ports, flour included a gain
ciilc ports, gain Of l,C7l coo bushels
Traders begin to realize that of orno ,. sxnort.
Oh corn are taking the place of wheat in foreig,,
consumption and will lessen 70 demond Il,
wheat becomes dearer "
Cotton took rise OF an eighth on n trader, 9,
estimate without change IN conditions
Tie failures for the wee; have bsen AZ
agalhst 90 last year, and sev,nty-one in Can
aua against etghty-une last year
Ihe aggregate of pnrnInoe
talfoads In the United States reporting for tho,
hrst week of January is S4ll50I2 a loss of 4 q
per cent compared with the cor.esnGndirg week
Iast year. For December more complete re-
turns snow gross earnings of SOS 4SG, 7l2 for thu.
ohlted states roads, a loss of 80 per cent com
pared with December 1885 ami sS ca,nrora,i
with December 1892 P e"