The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-07-27
DuN's COMMERCIAL REVIEW.

In Failures. ric.. Etc.
NrM NonK. .luly -. r. q. Dnn x
Go. Is weekly review Of trade, issued to-
day. says:
The effects ~ b. two great strikes
have not Yet entirely worn on, ana
meanwhile the disagreement between
the two houses Of congress ha, made
tariff uncertainties more distinct ana
impressive 1t follow that he custom
AIRY tests Of the condition uf business
are less instructive than usual. The
financial situation Is somewhat less IA
vorablc, because the exports 81 goid
have been resumed. amounting tn
$4,000. 600 for the week. but treasury
receipts have been Sa.oi6.3el for Gus
| toms. against Sa.9,i.5s4 last year. aud
S-.414,5a3 internal revenue, against
S2.9.g.5ls last year. The extraordinary
payments To anticipate the increase OF
taxation on whisky are rapidly locking
up a large amount Of capital, and
taking from the government part oi
the expected Increase Of revenue.
while the current loss in customs re-
ccipts Is largely due t. the postpone
mcnt of imports in expectation 81
lower duties hereafter. Thus the
treasury has been gaining in balance.
although AZ the expense Of some loss
in revenue hereafter.
Wheat. during the past days has
been skating on very thin ice, wlth
chance OF breaking through and max
ing the lowest record ever known. ~
has declined three cents for the
week. With railroads generally
blocked in the whcat-growi districts
ii is a satisfactory indication that the
western receipts are about two-thirdS
Of last years 9.e7l. 5ii bushels. against
3.O9s. a.g a year ago while the exports
from Atlantic ports are insignificant.
only ca .4Oa bushels. against 2.~'i>6s'
last wear. The enormous visible sup
plies have less actual weight in the
market than the prevalent conviction
that government estimates OF yield are
widely erroneous.
Corn has advanced shade with no
satisfactory reason. for the prospect i
excellent for a large yield. great
speculation in oats has begun To- liqui-
date. with the customary losses TO the
wise men who knew all about II. Cot
ton has declined "A fraction
Although there was an increase dur
ing the month of June of nearly a
third in the weekly production of pig
iron and the consumption in the manu-
facture was nearly 10000 tons per week
greater than the output of furnaces. II
is questionable whether any further
Improvement has yet occurred in July
Many of the western establishments
were stopped. because the blockade of
railroads cut off their supplies of fuel.
and have not vet vcnturcd To resume.
Others west of Pittsburgh have been
inactive. because the coal strike con
times. and the limited production
scarcely sufiiccs for the needs of works
near at hand. Behind all other en-
barrassnent> there is remarkable
narrowness Of demand for finished pro-
duction. In all quarters there is much
disappointment because. after the
stoppagc Of works for months. there
appears scarcely demand enough e
keep supplied the establishments now
, in operation.
II Is not surprising that the textile
; manufactures are retarded by uncef'
. tainties about the tariff. and this week
that the difficulty has been felt in
, spitc of a considerable increase in
orders for goods. which has materially
diminished the number of concerns
stopping work Yet the number clos
ing is quite large. and the reduction in
output Of cotton goods has
been considerable. while prices
Of h,cached goods have been re
1 1r,.
> and print cloths have been selling
quite largely at &c cents. The situa
, tion in wooden goods is mainly due t.
the anxiety of clothicrs-who have de
ferred their orders too long-to get the
goods which their trade now impcra
lively demands. Prices do not alter
:. nor is there visible any less caution re
garding transactions reaching beyon,
The fall season.
In boots and shoes the shipments
from the east are about as large as ;
year ago with small but numerous or
/, ders for low priced goods. in which The
l demand seems distinctly increasing.
The volume Of domestic trade re
/, fiected bv exchanges at the clearing
/ house is ~ per cent. smaller than q
year ago. " hen the panic and the scare
ity of money caused what was thcr
considered 4 paralysis In comparison
= with 1899. the exchanges decrease %.
per cent Much of this decrease. how
ever. Is due to the general decline IL
i prices. which has been over 10 per cent
:. for the two years, and SD per cent
since year ago.
Foreign trade shows no important
change. the desired expansion Of cx
ports being still deferred. while i'm
ports have been little larger Of late
= as the customs receipts indicate.
. The most hopeful sign noted thi
week is that failures continue compare
/, lively few and not very important
|, The aggregate Of liabilities for tn,
4 twelve days ending July ~ wa
$3.50. BOG. Of which Sl.009 81 was o
. manufacturing and si.lis. 2otof trading
!. concerns. which is decidedly below tn
II average for the past half year.
"a The failures this week have been 20
e IN the United States. against iGj las
year. and forty-four in Canada. again>
ii thirty-fivc last year
: DESTROYED BY FIRE.
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