Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-02-18
BUSINESS IS
FAST EXPANDING.
Monopolies Tend to Stimulate
Trade for a Time.
MUCH INQUIRY FOR WOOL.
Hut the Manufacturer cannot see Ms
Way clear To- Pa, Present.
Prices Asked.

Now York Fob. fit e.. Dun &
Co.'S Weekly Report uf Trade Will
say tomorrow Beyond question. bust
ness is expanding nud.in muuy branch
oH. u is larger NEUTRALITY-SUSPICIOUS. spncu-
lniiNo combinations witch tend To r"-
duco a. All munnpulica or attempted
iuunopplivH stimulate business Will"
they ur" coming. hut tend O. Htiile %
Hfi,t they come. and tho thrung of
combinations and trusts which have
h'vu formed or proposed. have given u
temporary, Tut very questionable. im-
retuY tu trade. Hut beyond the inHu-
Uuce ~ these there is u genuine and
substantial enlargement OF business
due 10 the uncNamplcd prosperity ~ H
craving population.
Tho weeks output ~ plr iron Feb.
was tishif tons. against 2fl.siG Jan. ].
ana 2h.h.s Dcc. =. The average weekly
production thus indicated was about
1000 tons greater In January than in
December. and the old stocks we're Ir-
duccd tICii tons In January. against
tt' IN December. 20 that the nppnr-
ont consumption In manufacture was
ln January. iiin.OiH tons. against ! COS
iis In December. The HioppnEc " arv-
rrnl furnaces for necessary repairs nt %
tim" when the demand iH most pressing
has caused some fear Of famine. AL
though quite "a number NJ furnaces
hut" stnrtrd since Fob. !. ur are about
10 start. Pix iron has advanced. but
the largest consumption over recorded
In any month ~ IN part due TO the hnHty
purchases NJ products about tn be- cone
trnlled or advanced IN price by COM
hlnntluu. There are so many OF these
IN tho iron ana steel Industry that tho
present market does not clearly irdi-
cate the marnitude ~ demand. and dis.
appointment IN some branches ~ not
improbable. Nut tho rise ~ 81 in steel
rails. with the entire capacity ~ all
jagged uriii after luiy it not
unnatural nor The strength iu plates.
the dfmuud fuf which Do beyond all
precedent. and the SAND b. true uf bnrs
the quantity required Tor ears. railway
uud agricultural works being enormous
In pipe the association lftrd prices
per cent, with very heavy order frum
Indiana gas works.
Ne fictitious demand has caused the
rise IN grain. Tot tho exports continue
so heavy IN wheat and corn that thu
advance ~ 90 vents In wheat II ubund-
autly Justified ana the rise ~ A,c In
corn seems scarcely enough fnr tho nc-
rurlnn. Atlantic exports have been rn.
tardrl by N" blizzard but have been
2.gGi.Gii bushels, Hour included. against
l.ii2.oi5 last year. and for the crop year
thus far. the exports, including Hour.
have been iiG.'s5.sio bushels against
itl.f'tii2 last year.
when II II remembered that the OK.
ports ~ corn afe almost ~ large ns the
largest ever known. thorc n reason for
Hrtr nlHhmrnt M tho continued foreign
demand That II persisted In spite M
the strong advance In prices here since
Srpt /. o. most encouraging a " Obj.
viously Impossible 10 judge how FAR II
may 10.
There II much inquiry for wool. and
tho manufacturers have larger de.
mand Tor heavy weight gno,ia. hut th.,.
maintain that they cannot pay prices
now demanded. ana most ~ tho pur.
chhreH made appear To hny" been ut
some concessions. Sales nt the three
chief markets were G.tf1 gnn pounds.
hioh D. about tho weekly consumption
with eastern mills well employed. but
they were partly On speculative nc-
count. AMI IN me and medium terrific
~, sales are mentioned nt ~ cents.
cleaned. ana In Onto w. ut 20 cents
ana upwards.
The minor metals have been running
weaker with reaction lee London. AL
though the Industries have show M
abatement of demand IN this country.
ana the Rise In prices here ~ largely due
Co Increased consumption.
Failures fuf the week have h.en rs
in tho United states. against 30 last
year anu a. la canada, ugulnft is last
year