The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-05-11
puN.s TRADE REVIEW.

A Long Lat oS Adverse Conditions Ca'cn-
lated to Deps~ss BusIness. Horne W
Against by the People OF the Unite"
states. Sustained ny - sublime faish IN
the Future Of Their Country.
Nrw YoEK. May 5.R. q. Dun
Co. : weekly review Of trade, issued TO-
day, says:
N il now A. A has been for nearly wear
the amaztmcni 81 intelligent observers mat
the United states suffers 80 little from the re-
verses which other lands share. nut wh'eh iai'
more heavily here than anywhere else. me
past week has seen events which would SUI
nee 10 cause or 10 explain much DISASTER.
such n strikes of all bltnminous Goa
mines ana coke workers. with numerous
riots. strikes ~ many thousands OF men IN
other employments. stoppagc az many manu-
featuring works In consequence; arrest OF tral-
fc on several great railroads ny lawless pro
| ccedinrs and the march of discontented men
| in all numbering several Unconstitutional the
national capital IN the hope OF controlling leg
| isiaton: the lowest price ever known TOT
wheat and almost the lowest prices ever
known for commodities as a whole exports OF
q. $4,000 gold instead Of nbnormally chsapened
| prospects and the fall Of the treasury gold re-
| serve below the sioo 90 600 limit are Significant
OF W idespread difficplty. Vet the volume OF
business is but 81 per cent less than year
| ago. aud in some directions signs Of improve
| menf appear even and the sublime faith
OF the people Ia their future is shown In the
general belief that the strikes anu disorders
will quickly disappear
Fayorlng weather Las brought dis
| tinct change IN reports rs to condition OF
winter wheat and a. 10 acreage In corn ana
cotton II L. also important that prices OF
iron AMI steel products promptly advance IN
| answer to the siopplse 81 some works through
! strikes since IL indicates that IN. cent i'm
provemcni III the apparent demand was OF a
| substantial character Al Pittsburgh. chi
cayo Philadelphia ana New YORK. prices
! have generally aiyansel though ir-
regularly and IA bar iron quota
iions appear shade weaker. iicsscmer PIG
has advanced = cents 70 n. steel tisl"is II 20
Al 10 and plates and structural iron and steel
! and wire rods are stronger. @aay reason
that the vance may he maintained. a, least
for time because cost will rise II strikes
succeed and I. they fail. because Of the
| demonstrated existence ~ demand. sub
| stantaliy equal 20 the full produc; OF works
thus far started
-Aa shoe Industry which has taiicn behind
the shipments o, last year oaly = per ceni. IN
| APRIL j. ~nmcw hat les -tiyr thtn .; late, nut
a FAIR ir~iaess j. reported ia heavy shoes. and
some Improvement IN Tie dc..laad for women :
wear.
Another point ~ cncourarcment j. the heavy
I buying az wool amounting - c.tss.d COZ pounds
FOR tile wce,, atthc three chief markets. against
I 6siltO0 last year: and in April sales were
q SIS ~ pound, against ld.g9- $50 last year
A. these sales have for years been III
steady relation 20 the entire consumption o.
wool IL is fair To infer that. Ia spite Of In,
s.nppare 81 some important works and n
spite Of uncertainties A. 20 labor and as 10 leg
i~iaiion consumption will continue large fo'
some weeks AZ least.
The enormous unsoll stock 81 wheat which
has made q lower average OF prices in Fehru
ary March and April than was ever known II
amy previous month. has depressed May wnca
10 the lowest point on record although west
err receipts were 0-).sS against 49, o5'
last year and Atlantic exports ia. - agains
ISIS 30 last wear. The decline for spo, ha'
been slight with no change To-
JULY Corn Welded quarter. export
falling suddenly Glow while western receipts
nearly doubled last years. and pork products
were lower. Cotton spectators. who have
seen larger receipts from plantations In Apr
than year ago. have lost faith and grip wi,l
fayorng accounts ~ acreage planted. aud tas
| price declined an eighth.
Railroad agreements promise better things
rs usual. tut the gross earnings OF all road
reporting in April were 49, per cent less thar
! last year following a decline OF l56 in iarcl
and ii6 in February Such returns are hu
moderately encouraging. II Is more impoI
,ant that the Great Northern strike ha
ended and that vigorous action b. the NJ
inorities prevents interruption OF other line
~ bands Of tramps In view OF strike an
gold exports IL Is evidence OF much conf demo
that railroad siorks have declined only II cent
per 500 du-ing the week while reports arou
legislation have lifted trust stocks =. cent
notwithstanding legal proceedings begun II
Illinois and threatened here.
Money markets have not been disturbed b
the large QUITO 81 gold. which was take
mainly from the treasury through redemptio
Of notes. The continued flow OF unemplove
money hithcr Is not a sign OF health nor III
ouigo Of gold instead OF wheat al 81 cents. o
cotton At .3 The demand for comm rcia
loans OF the better class does not increase. ht
there more numerous applications 10
loans on questionable paper from the interior