The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-03-11

New York, March 10.-R. G. Dun & Co 8
Weekly Review of Trade will saw to-
morrow by far the best assurance of
! good business in the future Is found in
the sfaoual advances of wages. The gen
efal rise in the earnings of the cotton
mhi operatives in most cases and 10 ner
| cent Of iron and steel workers generally
| ~ per cent and tin plate and sheet work
esS from to 10 per cent and of coal
| miners IN some large districts about as
much. has set pace which most estah
| ishments Will follow which have reduced
wages IN the past years of depression
nose VINO rail to comprehend what such
change may mean have only to consider
! that tenth Increase in the wages of all
labor would put into the markets a new
buying demand in amount about three
quarters OF the entire value of exports to
all countries, The volume of business
shows no signs of decrease and for the
first full week Of March has been about
oil per cent greater than the same week
of last year and ST. per cent greater than
| in the same week of last year and GD.9 per
cent greater than in 1892
Most people would expect the production
of pig iron to be affected by the weather
! Yet in the Pittsburg district alone the
furnaces running are said to have pro-
duced 1900 tons per week less than their
January output so that the decrease in
weekly production Of all furnaces, 22S, 1911
tons March /, against 237.639 Feb. /. does
not mean anything more than bad wealth
/ cr. The shrinkage Of supplies of iron in
/ February, Just when increased supplies
| were expected and needed. contributed
| much to the extraordinary advance in
prices. $40 in anthracite No. ! Feb. |:
$3.50 In Bessemer pig at Pttsburg and
s2.l5 in gray forge. The unsold stocks
were also reduced in February to 49, 4Sl
tons so that the apparent consumption
was 9T7.979 tons in the short month,
! Nearly all the work done of course is #
the comparatively low prices made in the
| great contracts three to four months ago
! but the Few works which are still able
| to contract for early delivery are chars-
ing about what they please and these
quotations appear In the published state
ments; in many cases 81 to s. per ton pre-
MUM is paid for delivery within 60 DAYS.
| Plates are in especial demand and higher
but in rails. bars and structural forms the
demand and prices are not yet much
| changed. Tin Is firm at $23S5 with con
| sumption of $500 tons monthly, and cop
per is scarce for SPOT at l7.76c' with lead
weaker at $3.50. The trust refuses quota
! lions for tin plates. The demand for coke
exceeds the transporting capacity of the
! tonnellvlle region. but the output has
! been $40 tons for the week furnace
| being quoted at 81 so and foundry at 50
| per ton. The wooden manufacturer has
| been hampered by doubts about the price
of wool Now big combination of wor-
sted producers has been formed, with sew
eral other combinations proposed in goods
| of other kinds, but these do not encourage
| buying and the season continues disap-
| pointing. In wool markets sales are bare
| ly equal to the ordinary consumption OF
! the mills dependent on them. but prices
| are rather weak.
| Exports of wheat do not fall below
| last years, as many have for some
| months expected and that the Atlantic
| exports flour included have been for the
week 3,509,O92 bushels. against 2.S90SI9 last
year, and the Pacific exports COB 07 bush
els. against 1,2SO,6lS last year, with other
| exports of 4GI. 500 bushels. Western re-
ceipts were 407l,0lI bushels. against
.. 1872 91S for the same week last year. and
the output from the country goes far te
check apprehension as to deficiency OF
| the crop. The price Is about &c lower fol
| spot.
Failures for the week have been 1872 r
| the United States, against 24s last year
and 81 in Canada, against 36 last year.