Trade Outlook Shows Price Rise Yet No Aggressive Buying
A Dun and Company weekly trade review notes increased business in January 1897 with clearings and railroad earnings up, yet prices remain low and manufacturers fiercely compete for orders. Foreign demand strengthens grain and wheat remains over a dollar, while iron and steel see large orders but some price weakness. Failures fall in the US and Canada, with optimism for spring trade despite wage settlements and varying regional activity.
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Congress Daily Proceedings and Key Nominations Report
The summary covers Senate action on the pension and silver resolutions, Teller silver plan votes, and nominations of Charles Duell for patent commissioner and George Roberts for Mint director. House focus includes Indian appropriation bills and District of Columbia issues with statehood discussions, plus various votes and personnel changes.
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