The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-10-27
TRADE REVIEW.

The Condition of Uuatu0ss Thr0ug uous
the Country rs Reflected Through d. 4.
Dun Cos. Weekly Review s-uch
Gain In Hope. Hut Little In Act"si
nusiuess Customs and Internal new
enue Receipts Materially Decrrnse"-
business Failures. Etc.
NEW YORK. Oct 2i.-R. q. Dun
Co. 5 weekly review OF trade, issued to-
day, says:
There has been much gain In hope and u III
tie In business. Assurances that the repeal
bill will soon he passed have been received ny
traders as a reason for buying things specuia'
tive at higher prices. and with money album
dant on call-sSs. 10000 having been received
In this city within ten weeks-speeulauon In
stocks and products has an unusual stimulus
and would have expanded more hut Tor con-
tinucd embarrassment Of industries. STOCKS
have gained during the week o, cents per snare
on the average for railroads. with sales OF
1000 900 shares.
The receivcrship for the Union Pacific had
been anticipated. and the street reasons that
many other stocks selling on receiver
ship basis already. and that In general the
worst that is likely TO happen has been dis
counted.
Wheat has risen "a cents helped by heavy
foreign purchases and in spite OF better crop
prospects corn Is rating stroger. Pork has
been lifted SO far that another collapse Is
feared by some. Petroleum has been advanced
/ cent ana Brazil spectators are supposed to
be utilizing hombardments to increase the
value OF coffee.
With these good signs are some not so good.
Renewals OF maturing notes to larger
amount are forced upon the banks here, though
practically all the clearinghouse certificates
have been retired here and at Boston. Bu,i-
ness is so slow that merchants are asking for
few new loans. and yet the aggregate OF com
mercial Indebtedness must still lie large The
state OF the treasury excites remark. its gold
surplus having fallen TO So. 3s, 10.
Imports are far behind those OF last year. and
the accumulation OF goods in bond Is unusu-
ally large. so that customs as well as internal
revenue receipts decrease heavily. The root
OF the difficulty is the decrease in consum ption
OF all kinds. and in that respect the week has
brought no perceptiblc change. This shrink
age appears less in cotton here than In some
other branches CT manufacture. and during the
week there was slight improvement in the
market for some goods But some large mills
which recently resumed have stopped again.
and while the number reported In operation In
creases the condition OF the markets indi-
Gates plainly that few are working at their
fun capacity. The reduction OF wages has
been general ana dos not tend To increase the
consumption OF goods. The caution OF boot and
shoe manufacturers. IL Is believed. has email led
tina, industry to work into a safe position. but
while the stocks OF dealers are unquestionably
! very low. orders received are not enough ia
fully employ the shops in operation Some
Improvement is reported and the decrease II
eastern shipments compared with last year Il
but - per cent. for the week. In silks. mixet
textiles and knit goods. the situation has
not changed. and the demand Is small
In woolens slight improvement Il
perceived in orders given and thu
number OF cutters employed, but about a
many mills are closing resuming work ans
the sales OF wool at the three chief mills have
been 30ss 800 pounds. against 603oD last
year There has been some buying at tn
west. and one or two carpet houses are starting
since the export OF 2d.ooo rolls has upset th'
English market hut II the home market wer'
in normal condition the exports would not nov
| have been tried.
The exchanges at the principal clearnl
houses show "a decrease OF 255 per cent. for tn
week which is less than appeared some weeks
ago. though 1t may be partially due to the un
usual volume OF payments deferred and nov
made only In part.
The failures this week number $40 In III
United States. against 2i0 last year. and y Il
Canada. against - last year.