The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1894-09-01
THE BUSINESS OUTLOOK.
FROM Bradstreet's Estate Of Trade

From Bradstreet,s Estate of Trade
AT all but a few of the cities from
which special kilograms are received fa-
vorable influences are shown to have
been at work, resulting in still lurIner
improvement in the business situation
ton. New England woollen mills are
now reporting recorders for heayy "ooas
lens. Prints and dress wooilens are e
selling freely, and there has been u
is an Increased demand for funds az
larger eastern centres, not only fof Will
drawals of goods from bono, put 70
meet increased offerings OF commercial
| paper. hus far funds to move crops
have not gone west as freely as antici-
pated An exception to t ines in n easf-
ern and middle States is reported from
| Providence. All western centres cover
ed, except c~ineinnat Gievel y ins p ,e the
| volume of business this week. The rel
| atively favorable condition OF trace IN
| Minnesota cities during August is based
on a better wheat crop n predicted
and practical depletion of country store
keepers stocks. At the south AlIanta
! larger volume of business. but the chaf-
| acter of cotton shipments in the near
| chases. It is noteworthy that the imam
| cial condition of Texas merchants Is
said to be better than for years. one
of the most interesting trade features
consequent on the new tariff Is reported
| from Gaiyaston, that an export order to
the West Indies of 10000 barrels OF nouf
SPANISH retaliatory duty. Galveston.s
banana trade expects to be hurt also,
owing to a lack of return cargoes lor
fruit
Total bank clearings his week amount
TO S744, 100000, S.5 per cent. less tnan lasl
week, and IA per e mere man IN Ine
q per cent. less than in the c~orrespomhuo
ing week in 1892, two years ago. me
week one year ago presented the snlalt
| est weekly aggregate recorded curing n 90
nly the panic and depression OF lSS5-s4,
but since clearinghouse records nave
been kept. One year after oanK clearo
total is but one-twelfth larger: Aug go t
estimated total clearings are SS,ooo, ooV,Voo'
almost exactly what they were IN 'nS'
but pa smaller than in August lo9a.
Prices of staple goods this week have
been quite irregular, Indian corn, ta no
showing advances, while wheat, oats ana
cotton record decreases. No changs Is
noted in quotations for raw sugar, c9mes,
70 sail1res in the United States reported
his week, against PSI last week; S6s IN
the week one year ago, ana 100 s"o
years ago. -
From r.. G. Dun & Co.'S Review.
The activity which came Win e *
hausted stocks and the pressure OF ae1
layed fall demands. and was Ihcreasso
Nv the removal of uncertainty about the
tariff, has continued with neaTy taname
Of foreign goods since the bill became
a law. But the people who know pes!
are saying Improvement VIII CONE,
rather than Improvement has come.
The gain is not yet what mas neen en-
pected, and business, if good IN com
parison with last year is still poor IN
Comparison with years preceding. RE.
feel he full effects of the change, and
a gradual gain will be more nealthy nv nv
encouraging than a rise, pus
the expansion OF comnnerciad ioan e+,re3
nroducts show rathef ina
strength, and there has been a reaction
in the stock market, prices . T Tvs
stocks averaging 81 cents and OF Irust
stocks 2.11 per share lower than a week
August has ended, but the interior de-
mend for money still merely balances
the receipts of superf1uous currency IRON
Eastern points, although crops are NOV
ing quite freely. The recent material m
crease in demand for, commercial loans
appears to nave been due to payments
for sugar imports, for whiskey taken out
Of bond, and for imported goods taken
dropped off sharply. The unavoidable
conclusion is that the desired increase
in domestic distribution has not yet
reached such proportions as 70 IN hnilH nlga
it is clear, but for the past month nave
been 5 per cent. less than a year ago
and meanwhile exports OF doIlestic piU-
ducts from New York ror the month
have been 81, 619, 597, or 8 per cent. small
or than last year. Europe soId secur-
tiles here for some~days ana august than
lasf wear. but 14.3 per cent. smaller than
in 1882. Passenger business last year
was heavy, and decreases this year 1872
per cent. on roads importing, against
an increase of 1S.1 per cent in freight
from Chicago was 1Ss, 78S tons in ! four I
weeks ending "a Au ~ It % 1902 against lSO' '0t
wheat moves largely, and Western re-
ceipts were 5,762, TIT bushels for the week,
against 2,929, 90l last year, wnicn goes nol
ports for the month have been. only a.
Joe, coo bushels, against 1900, coo last year,
and the price has risen a shade during
the week. Receipts of Germ are only
i'423 1s02 bushels, against $3.50, 646 for the
week last year, while exports are IN
significant, and the price mas advanceq
cents per barrel, and lard 55 cents per
100 lbs.
the s%toDpage at Fall River looks every
day more like In effort of the operatives
to force eurtailment of production In
order to lit prices and make REDUCTION
print cloths lave advanced a quarter,
hut without corresponding advance in
other goods, and while the demand is en-
couraging, it does rot Tot compare IN co MN
wears before III III - 0CNNO-
nor in woollen mills has there appeared
this week an increase in production. In
woollens, orders for spring goods OF
certain qualities have been quite large,
buyers concluding that prices are about
Standard articles elsewhere given shows
q decline in price a aSer e ing Il cep per s eent,
1892. the reduction in some important
fabrics being 80 per cent cent. .r But dat th1gdgn
smaller thar in years before the last.
Sales of wool for the week were 6,675,s0o
pounds, and for four weeks of August
"a, 1928, $50, against SAT-, 435 last year, and
20, 607, 600 in 1892.
The demand for products of iron and
steel has increased, but prices tend
downward where In change appears, as
there is not enough. business yet to en-
ploy the works III operation, 5 I
SONS 0FnsVETERANs FIELD DAY
Sig Demonstration of the Order at
Paterson Monday.
~ ---AL1 - a.. TA,M, C{J,, H-aar- a %F