The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-26
TRADE OUTLOOK GOOD
REASONS WHY THE CONMERC1AI.
WORLD GAVE THANKS MOST
CREERILY
INDUSTRIES DOING WELL
Storms and Cold Weather Have At
fected the Volume of Orders
Somewhat, Yet There Has Been
More Liberal Buying In Many
Lines - Market for Bessemer
Grows Stronger.

NEW YORK. Nov. 25-R. G. Dun &
Co.'S weekly review of trade will say
tomorrow: Thanksgiving in 1898 means
more than for thirty years. The char
vest home, has never recognized Iarg-
er crops, on the whole, in this country
the general prosperity is attested by
the largest volume of business ever
recorded, the peoples verdict has given
reason to hope that the soundness of
the currency and the nations honor
will not again be in peril and q. war
not matched in history for the swift
ness or success, with sinaliness of loss.
mas Drought more perfect union than
ever between the North and South. and
Closer bonds than ever with kin he
yohd the sea-" ending with the most
important acquisition Of territory since
Nell1orn1a was added to the Union. The
year so exceptional in magnitude and
variety OF blessings draws near its end
win yet another good gift-a marked
increase of confidence in prospects for
the year, Which is to close the century
Inc industries are doing remark
aoly well. considering hindrance until
OF late by unreasonable weather. With
storms and cold many branches now
set larger orders. There has been
mere liberal buying of cotton goods
IN part because Of last weeks reduc
tlons In bleached goods and the cur
taliment OF production in print cloths
mas caused an advance of a. sixteenth
Whlle the export demand supports
heaVy brown goods, and all are heIped
oy the 1eeilng that cotton has prob
t'Dly seen ITS worst Yet wide sheet
ihSs are still irregular, and some 5 per
cent lower. There is slight improve
ment in recorders for mems sn1-inp
WCollens, though neither iobbers nor
c!othlers have yet been buying freely.
Inc oulk of the demand is for medium
pam FABRICS, and especially serges and
gays put high grade goods are quiet.
More is doing in dress goods, but not
enough for producers. Sales of wool
nave been 35,975,000 pounds for four
weeks. including about Is 0OO. 900 for ex-
port, out mostly at concessions which
nave been, this week, a little Increased
on fine Unwashed f1eeces.
w hen the steel rail contract was
ready for final signature withdra wal
of one large company killed it but a
working compact is nevertheless said
TO nave been made-apparently a sort
Oh gentIeman'S agreement in which
more confidence is, perhaps, expressed
than Is felt. The market for Bessemer
grows stronger at Pittsburg. and grey
forge advances to 1925; bilIets at Pitts
purg, With heavy demand, at S15.15. ana
steel bars at SIG; the Edgar Thomson
works nave started on rails, with three
TO rour months orders ahead; Chicago
WORKS nave booked further orders for
Plates including one for 1,500 tons,
ana statements made by the Iron
Age show that bids for the IS 600 tons
needed in the CooIgardIe pipe lines
with other heavy export contracts, are
hindered only by an ocean freight syn
dictate. % -
Failures for the week have been 1873
IN the United States. against 236 last
year. and Il in Canada. against % last
year" $3.50