Show DUNS REVIEW no material improvement last week the only events of influence are the dissolution of the street rail pool and a large purchase of print cloth new york feb 12 R G dun and company wilt eay in their weekly review of trade tomorrow no other event of the week approaches in importance the of the steel rail pool in two days after it a greater tonnage of ralla was probably purchased than the entire production jat year reported aa tone and of in december and 25 in january 17 is BOW the price at which works east and acet are seeking orders the carnegie company selling at fla at chicago delivery the eales will employ many thousand hands with on important increase in the cost ot track laying or renewals to railroads even more important is the that construction of he billett pool will be impossible as long as the contest over rails continues and the manufactures ol 01 structural I 1 forms bars rods wire nails tin plates i and many other products has a chance to escure cheap material in the near futorm also ie the struggle between the two great companies producing medaba iron ore one allied with the illinois steel and the other with the carnegie company which is expected to bring about lower prices for ore and to push many mines to their utmost capacity but in the war of rival interest wages are already reduced by come large concerns another event of influence ia the purchase of pieces of print cloths by 0 D borden at cents which has already caused an advance of cents with a stronger tone for prints and other cotton goods the moral influence of euch a purchase manifesting confidence in the future is apt to be great As tho contract to shut down part time many mills producing print cloths is goiner into effect the productive capacity and wages of operatives will be for a time reduced but it a demand of traders to replenish stocks is started the effect may be altogether beneficial the woolen industry also means an increased demand for new and medium goods and a dozen more mills have started against three stopping for various reasons speculation in products has hardly been more active than of late and prices generally tend downward wheat rose a cent on tuesday but has since declined cent western receipts are increasing but for iwo weeks have been only bushels against laet year while atlantic exports floar included have been for the week about a quarter larger alian for last year and for tv 0 o weeks bushels against last year about every week bome new speculative buess by somebody impresses many traders nore than the current records of actual movements the cotton market has been depressed in like manner by mr estimate that the american crop would prove bales but the quantity coming into sight has also surpassed previous guesses and indicates a larger crop than most estimate the curtailment of consumption in the mills is not a gleas although some over estimate bince probably not more a fifth of the spindles will be stopped a third of each week for a quarter of the year the price declined only an eighth for but over a for tho may option the money market continues easy with money accumulating here rapidly rates are not materially changed but commercial offerings are unusually light failures for the past week have been in the united states against last year and 61 in canada against sa last year |