WRAPUP 2-U.S. industrials' optimism is short-range

* 3M, Danaher, Cooper beat Wall Street forecasts

* 3M CEO says hard to forecast demand

* BNSF says Q4 volumes following weak Q3 patterns

* Union Pacific, Ryder System cautious about economy

* Buyside analyst: worried about 2010 (Recasts with BNSF data, updates stock action to close)

By Nick Zieminski and James Kelleher

NEW YORK/CHICAGO, Oct 22 (Reuters) - Top executives at big U.S. industrial companies were cautiously optimistic about the future, but their optimism did not extend very far for an economy that is slowly making its way to recovery.

Few were willing to predict stronger demand for their products in 2010 after reporting quarterly results, instead limiting themselves to a guarded outlook.

For example, United Parcel Service Inc (UPS.N), the world's largest package delivery service, beat Wall Street's earnings forecast despite a profit decline but said the outlook for the crucial holiday season remained unclear. [ID:nN22385296]