The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-08-25
WEEKLY TRADE REVIEW.

a rift ." the Clouds. According To X. q
Dun Co.'S Weekly Review at the Com
ah'"n ~ Finance and Trade Throughout
IN" Country business Trying To push
Nhend Wdhout Waiting for Action Vt
washington The Weeks Failures. Etc.
NEW YORK, Aug. I9.--R. q. Dun 4
20. weekly review of trade, published
this morning. says:
There is riff in the clouds Faint and vet
definite signs OF improvcm are all tbs bet
yer hecaase they come not from possibly de-
lusive hopes or from monetary FOREIGN aid hut
from the good sense aud wonderful recurcra.
i've power OF the people themselves business
u trying TO 40 ahead without waiting for
washington. Imported gold 50 600 O0 or more
uuring the week does not 40 10 the right = o.
but the people are creating home made eur.
fehey Tor themselves hy using certified checks
IN paying hands. selling local accounts nnd
purchasing grain and cotton. The hank c.rcu.
iation has Increased - OOJ. OJD but the decrease
on ueposts or national banks alone from May
TO July II was ti93 i69,5es and during the past
month Withdrawals have also been heavy
Little money comes back as yet from timid
holders and the parayzing eject on exchange
~ nearly as complete ms ever. but that very
fact pushes each section and city into relying
moreon itself AMI not on the government
many concerns ar failing and closing but re-
ana IN The very shrinkage OF production men
see that demand must soon ovcrtakc SUNNY
iig IRON does not rally but sells at &ls here
anu VIZ ~ Pittsburgh for No l. though the
weekly output has been reduced 10 per cent
since May. hut large iron and steel works are
BEGINNING TO resume operations. Though s
nave failed and q stopped during the week. "A
have Resumed
Only third OF the Conceivable coke ovens
are at work. but coke NJ HIS gives better
chanec 10 Iron manufacture.
sales OF wool in seven weeks have been only
'.''oop pounds. against 100000 pounds last
year. ana u Is statcl that % 900 Dom and 5000
spinuies In New England are now idle which
means more than quarter OF the cotton spin
dies VI the country: but twenty night mills
anu hse other cotton and WOODEN mills have re-
suincd while twenty-eighf have stopped and
one iallch during the week Somewhat fewer
concentrations are met in dress goods orders.
ana mere Is more buying OF fall wooiens
shipments OF boots and shoes from boston |
since the end OF June have been 49, s4s eases |
against 57s 3i5 last year a decrease az II. per
CENT ont a little more demand for goods Is
now seen. and some factories near Boston aud I
Philadelphia have resumed With the shrink 1
age u the great Industries il il only surprising
nat railroad earnings d. not decline more the
'csrcasa on roads reporting In August thus far
oeihg ~ per cent. The decrease OF "a per cent
IN clearlngs outside OF New York last weel,
and 70 this week is natural
Ihcrccefvcrship for the Northern Pacific had
been so fully discounted that II produced little
meet In the stock market though this is 1 he
hird great railroad default this year and the
aggregate stocks aud bonds OF tn. three roads
amount 10 s6,0.0p,00o Prices az securities
rave increased comparatively little The aver
'se ior railroad stocs' being si3 ~ against
V inst week, and trading has been dull. Spec
iative markets have generally declined a
r"euon IN spite OF crop reports. which arc
ot solid enough TO outweigh great stocks in
ieht cotton fell quarter OF cent with
omewhat better reports OF probable yield
Wheat dra-s near the lowest figures ever
ho"n, IN spite of decrease in visible supply
Or though western receipts are not large tho
loek on hand Is far beyond the power OF spec
ia'ors to carry with money markets in their
resent condition The movement OF corn is
ecidedy large, with crop prospects improy. )
Iate advices from Washington ar. no, more
ncouraging In regard TO financial action
ne treasury has been losing money rapidly
M hoids s6t0OtOo less In gold. sisoJU1O less !
silver and 5000 less legal tender. In *.
IS OF outstanding certificates than II held ,
ne week ago while the new treasury no. cd
outstanding have increased $4,000 II II
'ining small gold rs rapidly as possible ANA J
sued sl'ouO additional ialk notes during !
e rrst half OF August: hut has very limited
'wer because the rapidly -dimlnshing re- !
ipts are no longer enough 10 cover tbs nee.
sary disbursements =
ne more hopeful signs which appear should .
interpreted with FUN understanding that {
nuinc revival OF business cannot begin unti, y
rser demand for goods and better conditions .
herwise enable greater proportion OF the =
ops and mills TO employ aud remuncra,e Ia. y
r as Usual. As yet the works closing excel :,
numler those resuminr. and the failures y
ntnue each week to restrict Tn number o. .
ms able to share in the employment o. hlnds y
= the transaction OF business
Failures during the week number Ia In tho
iited States. against ~ last year: and - in :.
NADIA. against - for the srrle week last year.
the United States failures iA were in cas.-
m states. " in southern ana 2i5 ia western
ties and territories c: