The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-12-08
DuN's REVIEW.

Tho General Condition Of Trade and VI
nance Throughout the Country ns Re-
nccted by u. q. Dun A. Co.'s Weekly Re-
view TariY Uncertainties Thought tn be
Affecting some Lines Money Abundant
aud Rates Lower. But Industries Wait
Ing for - More settled state OF Anairs-
business Failures, Etc.
New YORK, Dec. a.-R. q. Dun q
Co. : weekly review of trade, issued to-
day. says:
Ia cannot be said that business during the
past week has grown better worse. For
some days the gain In demand and IN transac-
actions which had been previously notecu
continued hut afterwards tariff uncertainties
were thought To arect some branches OF husi-
ness and whatever the causes, the state OF
trade was less clear. Money was everywhere
abundant with rates comparatively lower.
and commercial demand was remarkably
small, while the demand for sperula-
tive uses appeared 70 he increasing.
When these are symptoms Of transition
state, ordinary indications based upon the
course OF business down To IA few days ago are
not as valuable rs usual. but on the whole such
signs are, however. less encouraging than they
were week ago. Reports OF different
branches OF trade and from different cities
frequently mention the tariff uncertainties as
a causc OF natural hcsitancy. but 1t Will take
some time 10 determine whether the general
checked. or To what extent
The volume OF trade has been somewhat in
crcasine. and yet not a. much as expected. the
exchanges for last week showing decrease OF
20 . per cent. compared with last year, ia part
because the week covers only five business
days against six last year. For two weeks.
covering the same working days. the decrease
has been 23.3 per cent. The railroad earnings
for the last week OF November show "a larger
decrease than for either OF the preceding weeks.
but In freight alone the business was about the
same IS for the first half OF the month. In gen
eral the statement shows II slight increase in
eastern trafic and a heavy decrease on western
aud Pacific coast business. Bat the report
covers period ending more than week ago
and casts only an uncertain light on the present
situation.
Speculative markets have shown but little
change except for trust stocks which average
g. per share lower. with railroad stocks ~. a
shade lower Wheat is slightly stronger. re-
ceipts being considerably smaller than in re-
cent weeks. though exports are also rcmarka-
lily small. Corn i unchanged IN price, with
heavy western receipts and large exports.
Pork ard hog products are practically un-
changed well oil Cotton Is shade
lower, as receipts from the plantations con
tinuc to exceed those OF last year. in spite OF
the very positive estimates o. a short yield
and the average Of gucsscs by operators on the
New Orleans cotton exchange j. over 10000
bales greater than the government estimate.
The stocks OF Amcri can cotton IN sight are
again SO large that they retarl any rise in
prices.
The Industries are waiting with visible un-
certainty regarding the outcome OF lcgisla.
ton. and beliefs that the pending tariff bill
will or will not be passed. AFFECT action ~
much rs the varying judgments IN regard 10
its eject II passed. AT present the iron n
dustry shows no gain. on the whole. with the
demand for pig iron not urgent. and nessemer
iron little lower AT Pittsburgh with no sales
Of rails at the combination price. and with
slightly lower prices for some finished prod
ucts. aud rather scanty demand for any. 1t
Is questionable whether the working force en-
ployed Is larger than il a week ago he
cotton ma nufactures show decided improve
mcnt because the market Is in urgent neesi
OF more goods. but there is change
In prices The sales OF wool are
again larger than for the same
week last year. amounting to C6lg ~O) pounds.
against i.35i5W pounds last year. but that part
OF the transactions said TO be speculative
Ia their nature being based on the theory that
whatever may happen later the necessities "
the country will compel larger consumption
OF wool within the next few months. Never.
thcless. dispatches show that several woolcl
works have been closed within the past week
for lack OF orders. and the increase IN demand
for goods. which appeared to some extent
week or Two ago. cannot he said TO continue.
In boots and shoes no increase in the working
force Is seen. and while eastern shipments are
cnly about per cents less than year ago. the
greater portion Of the works have orders only
for part Of their capacity
The vast accumulation OF idle money tends e
stimulate speculation. but IL is not "A good
symptom. IL shows remarkable shrinkage
Ia the volume Of trade. and the reports from all
quarters make II clear that the demand for
money Is unusually light for the season Rates
are exceptionally low here. and this helps to
prevent the movement OF gold which the state
OF foreign trade might now usually cause
The domestic exports for four weeks from
New York amount in value to $50. i2.5J0
against ssp. 81 ls3 while the decrease In I'M
ports Is over Sis.oD0us. or ~ per cent for the
four weeks. that the excess OF exports for
the whole country must he large. But ex-
change bills against productions are cxccp-
tionally scarce. no gold comes this week. and
heavy shipments Of silver are made to Lon
don. the price declining. although India Is TAX
ing more than last year Apparently the corn-
try Is paying Of with its surplus loans amount
Europe TO avoid very great disaster last sum
mer.
The failures this week number e-s in the
United States. against 2iG last year, and ~ In
Canada. against 30 last year.
TOO MUCH MARRYING