The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-12-08


exclusive OF the interest on debt:
War department-......-.... s42s3l3,9H si6,fI2.202
Navy department..--....--..- sg,y3Lroi Il,ol4,ois
civil expe U6zI,Llo ogusUVe
miscellaneous ---.-.-------. Oo'51,4la A.otS'zos
coso a. 100 eoa
Pensions LJOoo tI1 lslVyToVs
Foreign inIercourse......--. l50sIO64 l,hS,l6S
Total ie, e ,SS sS5 sSe'Y 9l9a1s
Interest on debt-......... .-SlVI,llSol5 SJ,nI3l4
Ponula ton .......... 1900 900 81, 443,S2l
increase OF aOrdinary" Expenditures 200 per ct
Increase population 4O per CT
If the Bulletin had said 'How Production
is Taxed" it would have hit rearer the
mark. Ii is the sources of wealth aud those
who produce il which are oppressed by
these enormous expenditures and the ever
recurring burdeR OF interest on the public
debt and on the capital of a comparatively
few milliopaires. The New York Express
of Monday afternoon says: The events OF
the week in financial circles were more inn
pOrtant than usual OF late. The Union Pa
cifc decision, the various reports about the
Michigan Central, the revival OF the old ru-
NOR of the illness of Commodore Wander
bilt and the alternate warlike and peace
full advices from Washington in regard to
the Spanish question have all combined to
produce wide fluctuations in Wall street,
both up and down.
COURSE OF TRADE.
It is to be feared that writers for the COM
mercial press take too favorable and hope
full views of the immediate future. The
press teens with predictions of "revival
of trade" which have no good foundation In
any adequate cause present or prospective.
1t is true that the first of December Is natu-
rally dull time, In prospect OF the holt
DAYS, OF New Years settlements and new
beginnings In trade after closing up the old
years business. The sudden descent of
wintor n largo nOFtiCn 0f the
country closing navigation earlier than
usual, has cone much to check activity the
first Wee k of this month. A close review of
the New York markets by the Bulletin
says: With reference TO the markets for gen.
srsl merchandise, breadstuf1s have been duh
and depressed In the absence of export de-
msnd for wheat, while the same has been
generally true of corn and -four. Ocean
ireights have been extremely high. and con-
tributed TO the stagnation. Provisions have
been in very fair export demand for through
shipment from the West, but here business
has been more OF a speculative character,
while values have fallen off somewhat.
Cotton has been very dull. with a notable alb
sence of speculative interest, but prices very
well sustained. Wood opened little firmer,
but closed dull at about former rates. Metals
were without much activity. Copper was
firm and little more active. Tin was held
for full figures, but iron was very weak and
unsettled. The dairy product was much
neglected, with stocks accommodating and
prices weak throughout Country produce
in store was held a little more firmly, owing
to the closing OF the canals, but full supply
still unsold sfloat and on wharf prevented
an advance in cost. Petroleum was about
steady, but not very active,
owing 10 high freight charges. Naval
stores dull, with shade better
tone on spIrlts turpentine. Hardware
quiet and unchanged, except a further inn
portant reduction in the cost of wood
screws. Hops neglected and prices COM
nnenciDg to weaken. Oils firmly held and
sparingly offered, with buyers refusing to
submit to the rates asked. Tobacco without
change. Groceries were In good demand,
and quite firm for all descriptions, Dry
goods have exhibited much the same gen.
eral features during the week as at the cor
responding period of previous years. The
season Is pest for large sales of any descrip.
ton OF winter fabrics for distribution. and
the selections by dealers for this purpose
have consequently been restricted to
small quantities OF the most salable produc-
tiens-
just at this writing the trade presents a
very dull aspect. The state of the weather
in this latitude, warm end drizzline, is de-
pressing 10 the spirit of trade, and weaken
ing to the demand. The week past offers
little subject for comment. But little more
can be expected of this season, abatipe a
possible slight rally at Christmas. But the
season IS past which rs Included under the
term tall trade, and IL may be said that 1t
has fallen short Interpretations somewhat.
GROCERIES.
Heavy dealers in coffee are now in Wash
ington tor the purpose of discovering, if DOS
siblc, the temper o. congress in regard TO
the duties on coffee. II being reported that
some changes are expected to be made
They are anxiozs to know what plans to
make for the trade OF the future.
Raw sugars have been excited for some
weeks and have advanced accordingly.
During November the receipts did not sp-
preach the sales, which were 5000 hogs
heads, "a, 900 boxes and I25. 900 bags. There
was a deere ass in trade OF 81 900 hogshesds,
$500 boxes and 10000 bags, while the sup
ply on The I'd inst. was smaller than that of
October 3st by Il, eco hoesheads, I3, 700 boxes
and 4, 200 hogsheads melado. The trade tor
the week past has been only fair in this
city.
PROVISIONS.
Louisville, which last year was large
buyer OF hogs, in bob Indiana and Illinois.
is evidently doing scarcely anything to
speak OF IN packing this year. Her daily re-
eeipEs were from $500 to 5000 head, the ag-
gregate to date being only $1,000 against
1913, 699 last year. This city shows no.
600 this year against 10000 last
year at this date, excelliDg Louis
vile this year which she fell behind
last year. The following interesting table
has been compiled by the secretary of the
Chicago Pork Packers Association, showing