The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-10-12
DUN.s COMMERCIAL REVIEW


| day. says;
| The lowest prices ever known for
wheat and cotton necessarily imply
somewhat restricted consumption Of
other products. With the chief money
crops of the west and south sinking in
value. II Is not strange that purchases
81 annfactured products are smaller
than wasexpected. Wheat has touched
The lowest point ever known for OPP
tion>. and cotton the lowest ever known
IN any form with the present classt.
cation. and the accumulation Of stocks
IN both products is discouraging To pur-
chaser> for an advance. Producers ar.
compelled to sell Mt prices below the
ordinary cost of raising crops. and in
some western states there is also "A la
ment;a BILE failure Of the corn crop. In
der the circumstances il would br very
strange If the demand for nanufac-
tnrcd products should be quite a. large
as in other years
Wheat suffers most from accunula-
tion of stocks in sight. which are far
beyond what is usually expected for
the season. and the exports in >eptcm-
Der were unusually small. For the
first week of Octob.r Atlantic exports
We're i.097,3.2 bushels against SIS. .iG
last year and western receipts Were
only i.Gl5.6Oo bushels against 6.l3o.6s.
last Year. and these figures give some
encouragement but have little inhu
encc in view Of the unusual visible
supply The price for cash wheat i
small fraction higher for the week.
Pork products are weak in tone.
though only lard il quotably lower.
Cotton j. one-eighth lower. the cash
price being the lowest known for
fortv-:ive years. and. considering the
difference i'm classification ii j. per
hapS lower than at any time since
1919. and estimates that the crop i
more than 10000. 900 bales are more
commonly credited now than csti-
mates of 100000 bales were two
months ago
The condition Of the industries l. in
some respects more satisfactory Evil
IDENTIFY there l. larger demand for
iron products than there was a month
ago. through the increase in outpu,
has been somewhat greater than the
increase the demand. so that prices
steadily tend downward
The boot and shoe trade continues 10
deliver more goods than in any pre-
vious year. a. il did in September. and
most of the works still have orders for
one or two months ahead. although
mainly for low or medium-priced goods.
The new demand in dry goods i not
a large as it has been. and in spring
goods the market is called remarkably
dull, though there is relatively good
deal doing in current orders for the
fall trade. Cotton print cloths are a
shade stronger. as the news from Fall
River regarding the duration Of the
strike is less encouraging: but for
other goods the market j. slow. a.
might be expected in view Of the
heavy decline in the raw material
Woolens are less active. and. while
there are numerous small orders for
fall goods. the demand for spring
goods j. as vet not more than about
three-quarter> Of the ordinary guam
tity. and mainly limited to the cheaper
grades In these the domestic pro-
ducers appear to be meeting foreign
quite satisfactorily
Sales Of wool for the week have been
3 .saG. $50 pounds. against 6.27s, 10, two
years ago. and for five weeks ending
October sales were 2i.2-9, 800 pounds,
against i7.l3s. l.j last year. and 81. 352,-
900 in | >ga.
The volume of domestic trade indi-
Gated by the exchanges at the princi-
pal clearing houses is lis per cent
larger than "A year ago but in compar-
i>on with 1892 shows decrease Of .2s
per cent. Railroad earnings thus far
reported for the month Of September
are 6- per cent. less than in ls9s. the
loss being rather greater i'm the latter
than in the earlier weeks Of the month.
In the money market more CONNER
cial paper is coming into sight. though
on the whole the market is by no
name paper has been placed at per
cent. the lowest on record
The revenue Of the treasury for the
first month under the new law i about
s., 900. 900 less than for the same month
last year. and there is feeling that
Tor some months 10 come, with scarcely
my imports of sugar or receipts from
he whisky tax the effects of the new
aw will not be fairly shown.
Commercial failures in the third
quarter Of 1894 have involved liabili-
les Of S.9.36l. 1873 exclusive Of banking
Institutions and railroads. against $50
I6o,s2i reported a year ago for the
same quarter. and for nine months of
ss4 the liabilities have been $751;. O9s.-
'O2, against s,5l .33i. a65 last year. The
liabilities were ST.. 23l.-
90. against s.;s. COS. >'i4 reported "A year
lgo. and in trading Si4,lSl. $50 for the
quarter. against SIS. sii,i7d "A year ago.
For the month Of September the liza
,iltics have been smaller than in
,ther months this year. only 81, .12i
" which Sa.9Os.3,3 were of manufac-
uring and s3.650,092 Of trading con
.crns
The failures during the past week
rave been ai9 in the United States
gainst 800 last year. and 30 in Canada