The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-03-17
puN.s REVIEW.


Country According to X. a.. Dan & Co.'S
Weekly Review business some " hat A.
fected by Severe Weather aud uncer.
tainty la the Money Markets--Manu.
facturers Generally Busy business Fall
ures. lite.
NEW York. March ll.-R. G.. Dun &
Co. Is weekly review Of trade says:
Business during the past week has been AZ
feetei by the severe weather. hut even more TX
the stringency and uncertainty In the inoue,
markets. Rates for money have mounted from
a's on call To 10 per cent. and for two DAYS
ruled above 10 pr cent. but the extreme pres.
sure has aeatcd without any measure Of relief
and on the announcement that the treasury az.
partment would not issue bonds. but usr the
bullion reserve ia maintaining gold pa frnents
Withdrawals OF money FOR the west ana south
have nearly ceased. Gold 10 amount OF siop
no, was offered to the treasury ia exchange for
legal tenders 10y the bank of Denver and H.
much more by one bank at Chi rago. and rates
here fell To per cent. There was some liqui.
dalton In stocks. but none OF importance Ia
s-oducts, and Y Is evident The restrain, Of eS.
ports y. speculation In the chicf staples u
an important cause of monetary stringsEgy
and OF loss Of gold rs the treasury II l. stated
that New York operator has bought most o,
the wheat al Chicago aud has sent west large
part OF the money which has gone 81 late. ex-
pecting TO put up the price. The quantity com
Ing into sight continues at the rate of JouD
bushels per day which Is extremely large Tor
the season. when stocks are supposed 10 \, short
and prices are very low. The exports are quite
small and the price declined cent for~fhe
week Corn was firmly held and advanced
over cent and oats nearly rs much. vhih-
pork was raised y seats. though lard aad hogs
were lower. In cotton an advance ~ q sN-
teenth occurred In spite Of the assurance THAI
the British strike would not close The pres
~,
Ing ana money was tight and loans were called.
But the exports Of domestic products from
New York last week were only s5.haDpn against
Il go 600 last year. and monetary strinscnry T.
not improbable. while exports arr artlnciAliy
reduced. In the stock market there has lten
considerable depression. part icuarly IN tr!st
stocks. on account 81 possible = cton q: nrthnr
ties and in Reading because tho receivers thus
far have failed to show the actual condition %
the company. At Boston extremely high rates
for money were held through the week nut
business Is favorable. though tad roads carse
much trouble. Boots aud shoes tcnu upward
| with buyers numerous aad rubber goods are
active. Business In dry ro)is Is laryc and
| mills fully employed. Money il tight ~ Phila
dclphia because the r. cnt failures induce
large withdrawals from the banks Increasing
demand is seen for iron. and good Business
| In dry goods manufacturers Of dry goods be-
! inr pushed they have not lecn for many
!
goods and the clothing manufacture g excel.
1 lent for the season. Trade Is very good ut Bal
tmure. and iron l. fairly strong at Pittsburgh
4 with glass in good condition Cleveland notes
! good trade in hardware and rolled products,
\ but money Is in active demand. The car move
(. ment at indianapolis l. heavier than last YEAR.
| and manufacturers busy. and mt Detroit shops
/ are running fun time. hut collections are slow
| on account OF tho weather Al CHICAGO money
| i ia very strong demand tanks discr rina;irg
| closely sales Of building materials arr large
aud general business good but railroad block
AIDES and the strife OF svitchmcn threaten 10
| interrupt business. At Milwaukee storms re-
tard trade. and D.iy giltedged paper y in de-
| rnand Increase IL seen IN wholesale trade ~
| ~. Louis. with bright promise FOR the
spring. Joaiing Is quiet at II. Paul, and
heavy snow retards business and collections
there ana az Minneapolis hut prices OF iumter
advance. with good 'ridc. Johtng trade j.
good NJ Kansas City ana iasr ~ Omaha gcner-
ally good at -, Joseph: approving ~ Denver.
and quiet at salt Lake. Trade l. satisfactory
at Little Ro.k. improving 1T Memphis a1i
quiet at other points ia Tennessee. shrinking.
| With tight money. AZ Columbus. Tut faisy
good AT Atlanta: letter with increased
| shipments o. lumber. AZ Mobile. and fair
at New Orleans. with sugar firm. hut rice
| Is lower The output Of iron March was 55sJ
tons weekly more than February l. though IL
Go tons less than n year a1o. Stock unsold dc
clncd 40 tons during the month. southern
producers are weakening. and iso1 tons gray
forge were sold NJ = III Birmingham Bar iron
Is at the lowest point plates cut somewhat
less severely and rails dull. while structural
WORKS ere still running full time but with few
new orders a laundering report regarding the
repeal Of the tin duty depressed the price
to ~. cents but 1; afterwari rose 70
si.io: while copper is steady al Y for lake. and
lead is dull The coal marke, IS steady not.
wiihstanding the collapse y the CON hinaiion-
In boots and shoes small advance IL realized
ia some grades. and what Ealting appears ID
the market il because makers feel that leather
must fall or shoes rise. Shipments from the
east exceed last years by u per cent
Receipts OF Texas cattle At Chicago were the
largest ever known for tho season. The tex
tile mills continue fully employed. the clothiers
taking freely and yet conscrvaiively. Trade
in dress goods Is steady and large. March
trade in cotton opens we'll and knit goods are
, very strong with general advance of "a per
cent "a carpets. In general the outlook 'or
dry goods and textile fairies remains cxcep
tionally encouraging.
The business failures during the past seven
days number for the United States. iI ian
ada 90 total. ~. compared with 81 IA,
week ~ the week previous to the last and -
for the corresponding week VI last year