The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-11-28

The Condition Of finance and Trade -
Reflected Through %. q. Dun Cos
Weekly Revlew--A slight Failing On In
Values Through the Week and G~ner-
ally Tight Money MArket-The Outlook.
notwithstanding the Eastern Monetary
Troubles. Favorable = Business Failures
Etv.
NEw YoRK. Nov. 2ch-R. G. Dun 4
Cos weekly review OF trade says:
stringcncy has checked some buying. dif.
0cuity OF making foreign exchange threat
more conservative temper i seen 10 tradi ing
but every thing thus Tar indicates sounder
condition oflcgitimate business than many
supposed. The collapse OF many great spec
ulativns has brought heavy losses. but the
pnhIic has not been taking much part In
such operations. While the money mar
kets are generally tight. there y stIii no I'M
usual complaint as 70 collections. though
rediscounts have been large. The volume
OF business continues 10 exceed that OF any
year at all clearing houses outside New
York about 1871 per cent. for the month thus
far Exports have been che cked &C New
York. falling per cent. below last years
for the month. but imports here In half Of
November exceed last years by - per cent.
Prices are yielding. which Will help ex-
ports of products. wheat has fallen
cents during tile week. corn about2 and oats
~ cents. sales OF 500. 900 bushels Of wheat
here indicating large ilquldations Cotton
has fallen one 9Th on sales Of 6sh0'o bales,
coffee half cent. oil tss cents. pork - cents
per barrel and hogs 50 cents per 100. sugar i
also an eighth lower. tin Is demoralized AZ
2ll5 cents, lead weaker M IS cents and no
takers are reported for copper at 1871 cents.
The general average OF prices has fallen ~
per cent. this month. but Is stlll about per
cent. above that Of the same date last year.
IA fu1I HaaE ~. nf
Is. when the boon" started and the output
OF mines appears to increase. The volume
OF currency in circulation outside the treas
ury Is $3.50 10000 against Sl.il5,Va.ovo
year ago, but there nre very few interior
markets at which more or less ~tringcncy Is
notrcportcd Baltimore. + 'tts0urgh and Gal
weston are exceptions. being well supplied;
but nc Chicago and most other points.
while the demand u sharp. no trouble Is
reported. Reports OF traie from other
cities are encouraging. Tue south - mpy-
ing the iar\'t crop OF cotton ever grown,
aud while Exchange causes some enbar-
rassmefrt. the movement Is rapid sugar
comes in largely at good prices. and the re-
ceipts 81 noiasse- at New Orleans are I'D.
eral nc some decline. with moderate re-
ccipts 81 rice. Trade j. healthy AZ Mem
phs. Loui-yiiic. Atlanta and Galveston,
though ia Texas lower prices cause some
country failures. Baltimore notes no dis
ST. Louis trade In all lines Is good. with
bright prospects. Trade at Denver and
Kansas City is fair. ut Sc. Paul active.
thought money pressure 10 felt. Milwaukee
and Detroit. good. except that mild we ather
checks retail trade, and the same cause az
fects the shoe trade mt Cleveland Cincln-
natl reports manufacturers bu ~. and Pitts
bufgh notes fair business at all mills. no
change Ia iron or steel. aud good trade in
glass. or the great centers, Chicago fares
che best. feeling Eastern troubles little The
movement OF wheat and corn IL 81 ~ htly
less than for the same week last year The
dry goods trade equals last year aud
the trade In clothing and shoes II ending
proftab BILE season. Even at Boston and at
Philadelphia the great failures are felt less
in commercial circles than might have been
expected. At Philadelphia money l. tight.
and commercial paper almost unsuitable.
but trade improves. Boston notes very
quiet wool market. With sales OF only l.5s7.-
600 pounds and small hope that manufact-
urers VII now obtain any advance In heavy
woolens: but lumber Is in verv faIrdemand.
and prices OF boots and shoes are firm,
though some grades OF leather are lower.
and hides are depressed. On the whole
the commercial outlook Is decidedly more
favorable than might have been expected.
hut while the outlook IL generally che erIng.
u Is wise to remember that all difficulties
have not yet vanished.
The business failures during the last seven
days number: For the United states. IA;
for Canada. n: total IA: as compared vita
total OF 1o6 last week For the CORES pond y
ing week Of last year the figures were ~,
representing 2f5 failures In the United states
N Canada