The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-01-20
THE couNTRv's TRADE.

The Pause la General business Succeed
Ing the Halliday Season Moro Protracted
tina" tsun1-The severe Weather. How
ever. Iias Given stimulus tn Certain
li"cs-Indnstriai Activity Continues aud
Textile Mills With wOrk- Isust-
ness Failure, Etc.
New YORK. Jan. 1A.-R. q. Dunn a
Co.'S weekly review of trade this week
says:
The pause In business incident To thu hoii.
days seems to last longer this year than usual.
but severe weather has given = powerful slim
ulus 10 trade IN heavy boots and shoes and
woolens. aud preparations for thu spring bust.
ness are going on actively and with tho utmost
condolences. In spite IL uncertainties re.ari-
ing legislation on the money uu -stion, the
business world seems inclined 10 be-
lieve that there will be no serious
financial embarrassment. especially ~
the average OF commercial indebted
ness IN remarkably low and failures have been
comparatively unimportant. No interruption
OF industrial activity " secn. though iron II
somewhat moro depressed. but In other de-
partmsnts \ distinct Improvement il noticed
In the preparation for spring trade. What PEG.
pie mean by depres sion IN business IL shown
In the pig iron output. ASIA tons. weekly. or
less than : per cent smaller than December L.
with a slight increase In stocks and ll.3l6
smaller than = year axo. hut with stocks much
reduced. The output In 1899 was q. 10. QUO tons.
only lm.nO less than the largest ever known.
that Of 1890. and the consum ption was proba-
bly, tho larg sst ever known. Prices ara weaker.
Besssmer pig only sl3 50 ut Pittsburgh. and
Alabama iron IL offered ut the west at lower
prices. but there IL a hotter movement at
Philadelphia Structural iron Is dull and bar
weaker at 81 81. and rails arc still inactive. but
with better promiss than \ year ago.
On the other hand. textile mills are crowded
with work. sales Of wool are the largest for
many weeks. and dealings In dry goods are
large for the season. Tne transactions in
wooden goods havs already bsen heavy. hut It
Is evident there Is still a large and healthy d..
mand. In boots and shoes the business ID
greater than ever. but not at all speculative.
and orders have been increased by tho colder
weather. the being far ahead Of last
years. Speculation in cotton has been liQui.
dating. the price declining q quarter. although
receipts are 1000 bales less and exports %D.a
more than n year ago. Larger estimates of the
crop arc now sent ont.
wheat has scarcely changed in price. though
corn and oats have risen Ia cents each. West
ern receipts Of wheat In four days have becn
2.yplon bushels. and Atlantic exports only
'l5.5cs bushels. Pork has advanced 81 per bar
rel. and at SIS. 25 is far above tho ruling price OF
recent years Receipts Of hogs at the west are
still light and prices higher. and coffee aud oil
are practically unchanged.
Ihs treasury has been disbursing more
freely since January | and large returns OF
money from the interior have caused lower
rates here. But forsign exchange advances and
further exports OF go d arc exp tied. Mer-
chandise imports continue fully up 10 last
years figures. while exports from New York
for two weeks havs declined 8 go. 100. or over
~ per cent. 1t IL evident that no large ship
ments OF securities or withdrawals Of foreign
capital will b. needed during the com ny
month to cause some outgo OF gold.
The busin sss failures occurring throughout
tits country during tho pas- seven days num-
Der. for the United States 2ss, and for Cans Ia
~; or a total OF 3B. rs compared with total
OF $40 last week. For the corr esponding week
OF last year the figures were I'D. representing
.s7 failures in the United States and q in the
OF Cana la.