The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-25
THE BUSINESS OUTLOOK.
Large Transactions in the West-Shrinkage
at the South, with Less Collections.

New YORK, Dec. 24.--R. G.. Dun & Co. have
issued the following trade review for the past
week:
War rumors have given character to week
otherwise dull. With Europe arming and po-
by Churchilrs resignation, the chances of dis
turbance abroad are eagerly discussed in Amer
lean markets, and better prices for wheat have
resulted. Speculation was stagnating. Sales
for three weeks have been:
Past week. Previous week. First week
December.
Shares stock 223G 900 1858 900 s.O92 600
Bushels wheat. .25, ,754 900 52362 goo 3S.745 600
bushels corn. 2,674OOO s3se,OoO 4.345oOO
Bales cotton 523 900 S01 600 926 900
Barrels oil 10. .237 600 252O2, 600 s5,6S3 900
Foreign investors continue to hold stocks and
send gold. Last week the Bank OF England lost
So, 920, 900, ana the Bank OF France, So, $50 00O
gold Part of these remittances may be re-
unired to cover reported needs of British compa-
nies in the cattle trade, which our production
and the powerful clutch CT the Chicago ring have
rendered embarrassing TO some foreign invest
ere freedom for the meat traffic would help
British capitalists as well as American consum-
Sra The demands resulting from the fall in
speculative securities have been heavy, and so
far have been met by remittances rather than
by Gales. An actual outbreak of war abroad
might cause realizing, but when everybody arms
u
Thursday the war reports and heavy freight en-
gSCements suddenly made wheat active, with
sales Of 6000 900 to g. 000 900 bushels daily, and
the price rose II cent. Corn declined during
the week i cent. Pork products closed about as
week ago.
The cotton movement has been large and re-
seipts now exceed those of the last crop year to
late, and exports also about as much.
AS usual at this season, the dry goods market
grows dull. but standard brown cottons have ad-
vanced and dealers are generally reckoning up
fair profits Wooens are in a transition period.
For dress fabrics the mills are well occupied.
Prices for heavy goods are not yet adjusted to
the higher cost of material, and the strife be-
tween two rival makers has disorganized the
carpet trade.
That the volume of business at the West is
At the East the increase is irregular and large
where speculation is active. AT the South there
Is still shrinkage in volume, with less satis-
factory collections. except where new manu-
features give new llfe
The Pennsylvania railroad reports decrease
In net earnings of $50, $50 for November. The
attempted advance in east-bound rates Is not en-
forced and the Alton and the Rock Island roads
give notice of withdrawal from the Pacific coast
association. But of the general activity there is
striking proof In the weeks movement OF H. PIP
loaded cars at Indianapolis.
The Treasury has put out nearly million
gold a million legal tenders and over two and
0aif million silver certificates during the week.
Money is plenty, but payments in silver at the
New York custom house were and are now 16
ser cent of the total
The business failures throughout the country
during tho last seven days number for the
United States 23l, and for Canada 49, or a total
Of 263 as compared with total of 288 last week
and 274 the week previous.