The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-02-05
THE PROSPERITY SINGERS
Dun and Bradstreet at Their
Regular Weekly Marble.
JANUARY WAS A THAW
Much Business Was Done According to
Dun, and Creditors Don't Have to
Dun for Fear of Getting Done
and Being Undone.

New York, Feb. 4.-R. G. Dun q
Co.'S weekly Review of Trade will say
in it's issue tomorrow: Actual pay
ments through clearing houses in jan
uary made remarkable showing,
much larger than in any previous
month, 33.3 per cent. larger than the
same month last year and IL per cent
larger than in 1892. The failures in
January were smaller than in any pre-
vious year of which there is record
and were probably smaller than in any
other January since 1881. The statement
by branch offices given this week shows
a surprising gain in most departments
Of manufacture and trade Meanwhile
the money market is as confident as
ever; gold does not come from Europe
in large amounts because bankers find
it worth while TO lend money abroad,
and the balances are heavily in favor
of the United States.
Perhaps the most striking feature of
the week has been the decline in wheat.
With exports of 3,09i,5l1 bushels
against 1,,10,546 last year, Hour includ-
ed from Atlantic ports and $40 from
Pacific ports against S44, 3i3 bushels last
year, the temper of the market has
been weaker. The report of the agri-
cultural department has had some in
tuence, although its figures are not
generally credited as reliable. The
wheat market has turned largely upon
the operation of a Chicago speculator,
but the fact remains that the price de-
ponds largely upon foreign needs and
upon the comparative scarcity of
American supply.
The iron and steel manufacture is
steadily gaining III consumption OF pig
iron, although the production of the
material is still in excess of immediate
a lie h1It Vnnf it,rh tn Il
cline in prices in Pittspurg or Chicago.
Even the Southern producers are able
to get a fair price at Chicago, and at
the East, and anthracite pig is I'M
changed. The demand for finished
products has been very heavy, and in
cludes for structural work 1900 tons for
the state capitol building in Pennsyl-
vania, 1000 tons for the court house at
Denver. 1000 tons for elevated railways
at Chicago and numerous small build
ings in various parts Of the country.
The demand for car building has been
very heavy both at the East and West,
and the plate demand increased at the
East on account of orders from ship
yards.
For plates the demand from tnplate
works has been very active. The pros
pect of combination of wire manu-
facturers has stimulated the demand
and raised the price for wire rods. Tin
Is quiet ana Sledhy at lo.oo Genus Will
a visible supply Feb. /, of SLIGO tons
against 32.333 a year ago.
Exports of copper in January were
about 10, 255 tons against 1905 last year,
and the price is held AT IL cents for
Lake.
There is Il better demand for cotton
goods since the general stoppage OF
works at the East, but there is no indi-
cation yet of material gain as respects
unsold stocks on hand.
In wooden goods the demand is alto
gether more satisfactory, an advance of
about 20 per cent being paid on most
grades OF the finer woolens and Worsteds
and nearly all the mills are active. The
sales of wool at the three chief markets
We're 6.36l 400 pounds, of which 3,913OO0
pounds We're domestic. against 1868 700
pounds last year, of which S,4934O0
pounds were domestic.
Failures for the week We're 335 in the
United States against 81 last year, and
80 i'm Canada against 63 last year.