The star. (Reynoldsville, Pa.) 1892-1946, 1894-01-24
DUN'S REVIEW OF TRADE
There Are Indications of Bstterment,
Family Discernible, But Thus
Far Tangible Results

Family Discernible, But Thus
Far Tangible Results
Are Missing.
Il G. Dun II CO.'S Weekly Review Of
Trade says:
The event of the week is the offering OF
f50. 600, 600 United States per cent 10 year
bonds. The decision of the Secretary gives
much satisfaction TO all who care for
sound currency, because the necessities OF
the Treasury were dangerously strengthen
ing those who urged the issue of $50 0)0,0o)
more silver certificates against silver ''seig-
noirage' to be coined. II subscriptions for
The loan should be free and large, it is
hoped improvement in trade and industry
may be hastened.
" lille industrial improvement continues
the gain is slow and the increase in the
purchasing power of the people by enlarge.
Inent of the force at work is IN measure
checked through the reductioa in wages
paid. During the past week reductions
averaging l3 per cent have occurred in 10
iron and stees works and averaging l51 per
cent in IL textile works, five employing
thousands OF hands. each having reduced
wages 20 per cent Meanwhile % textile and
II iron and steel concerns resumed wholly
or in part, against IL textile and iron con-
Germs stopping or reducing force The vol
ume OF business done has increased in lead
ing branches, but not largely. Textile works
resuming are mostly carpet and knit goods
concerns with some worsted works. Sales
Of wool for the week have been 3,Sl9.5OJ
against G. 0s2. 800 last year and the proper
ton since January has been about the
tame.
There is reported to be more business in
iron and steel products, but at lower prices,
Imports at New York show for January
thus lar decrease of more than 80 per
cent, while in exports hence, gain of
q, 800 600 or nearly 20 per cent. appears.
The excess of exports over Imports in
December was $l3,0000 600, but the ex-
changes seemed TO foreshadow gold exports
Greater confidence abroad in the tinan
cial future would be of especial service in
accumua tes here, and trust companies
offer six months loans at 3 per cent tyearly,
while per cent. is the prevailing rate on
call Failures for the week have been 4OI
in the United States against 290 last year,
and 46 in Canada AGAINST ~ last year.
Six Sailors Lost Trying to Rescue Others.
The steamship Amsterdam, from Rotter-
dam, arrived at New York. She had a con.
tinuation OF heavy gales from all around
the compass, with tremendous high seas
and low barometer. On Sunday, January
ii. she sighted what proved to be the
schooner Maggie Il. Wells, from Gloucester,
Mass. in "a sinking condition,
The first officer and SIX OF the Amster.
dams crew offered 10 go to the rescue. but
the boat capszed and all but one were lost,
The Amsterdam kept in the vicinity OF the
wreck until when ia heavy snow squall
she lost sight OF her and was not able to
find any trace of the wreck and proceeded
on her voyage.
The following are the names Of the crew
who went to the rescue and were lost:
Chief Officer ]. Meyer, aged % years. Second
Boatswain T. Requart, Carpenter A. j..
Oudyn, Steerage Steward A. Boss. Quarter
master II, q. Eichorn. Seaman A, Won
Vleet, Seaman A. Vanderbilt was the ex-
pert swimmer who was saved.