The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-09-22
MONEY AND BUSINESS.


= More Hopeful Feeling Throughout TIN
| Country. According tn H. A. Dun . Cot
Weekly Review Husin&as Gradually
Pulling Itself Together Again and Many
Industrial Estsbitshmeses Resuming-
business Failures Etc.
NEW York. sept. i6.--R. q. Dun a
Co.'S weekly review of trade. published
this morning, says:
Returns from every part OF the country show
decided improvement hopeful feeling pre-
walls. Money grows abundant at speculative
eeniers. and somewhat easier for commercial
PURPOSES. The number of establishments re-
Ported rs resuming work. thirtyons wholly
and twentysix In part. still exceeds the num-
Der CLOSING. irtythree for the past week
bessaes ten reducing force. so that the hands
employed have somewhat increased. The mum.
Der unempoye: Is still very large. The great
industries are still, far below their normal
productiveness. and part OF the resumption OF
work has been secured by lowering prices and
reducing wages Business il pulling itself to-
gethe~. and even the crop report has caused lit
tie depression In stocks Industrial improve
ment Is largely In cotton. and otherwise APP
pears scarcely more satisfactory than last
week. About two-thirds OF the Fall River
mills are operating. but at . reduction OF 10 TO
IL psr cent In wages. and there has been Q
sharp cut in prices OF some leading cotton
goods
Scveratshoe factories have started In part
but orders are said not to he enough to keep
half the force busy. though distinct improve
ment Is noticed shipments from Boston tor
the week show decrsa,e Of a. per cent.
Several glass. pottery. hardware and silk
establishments have resumed with n number
making iron spe 'laltics. thou.h none OF them
with fun force. In all eighteen reported
metal works have started In part and
six wholly, while thirteen have stopped
and fourteen have reduced hands or
wages The output OF pig iron September I
proves To have been lss. 80 tons weekly, n de-
crease of si.sss tons since May I. indicating
that only q per cent OF the working force
were employed. But in this industry business
revives more vigorously at the west than In
the east
An obvious effect OF short crops is that rail-
road earnings may shrink with smaller de-
mand. the coming year for iron or products and
for stocks. But the stock market yielded very
little after raising nearly si.s) per share on
Saturday and over 80 cents on Monday Album
dance OF money seeking loans on collateral and
call tends TO render the market indifferent to
public absentation and reduced earnings In
September thus far the decrease in earnings
has teen 20 per cent on scattered eastern
roads 1913 on trunk lines. las on western wheat
and 20 on western corn-carrying roads: g g
averaging for all thus far reported H7 per
cent
The restriction of domestic trade Is shown in
clearinghouse returns at principal cities. which
declined "a per cent compared with last year
but II Is too soon for improvement Just com
nieneed 70 AFFECT payments. Expectation of
large foreign Investments Is not yet realized
and exchanges have declined toward the gold
exporting point rs future exports OF products
are liable to be resfri Z ted nv the shortnasa NJ
crops and the advance in prices here.
Exports last week were large. and for two
weeks have been 20 per cent more than last
year while decrease OF t7.0o .o)l in imports
for two weeks. is largely due to the fact that
values OF coffees and sugars from Brazil were
stated last year Ia paper worth about 20 cents
on the dollar.
The number of firms failed have greatly
diminished The failures reported this week
have been. In the United States. only 3is.
against Sei for the previous week. and I5s last
year; and in Canada =. against - last year.