The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-09-14
DUN'S COMMERCIAL REVIEW.


NEW York. Sept. 7.-R. q. Dun 4
Co. : weekly review of trade issued to-
day says:
The business outlook is much like an
April day, with alternate clouds and
sunshine. In home branches strong
improvements still continue. while in
others, trade is diminishing. In the
adjustment to new conditions such
conflicting signs are To be expected,
and the more, because The deferred
business which had awaited settle
ment was by no means evenly dis
tributcd.
The government crop report Is ex-
pected to fore>hadow "A great loss in
corn. while other observers believe re-
ports materially exaggerated. and cst-
mates If the yield range all the way from
l.sOO 900 900 10 700 OOJ, 900 bushels. The
wide uncertainty affects business pros
poets To some extent. and an advance
of half u cent the past week has fol-
lowed receipts not half those of the
same week last year. Wheat receipts
have been 5,G.1, l51 bushels. against
4,a50.337 last year, and yet the price
advanced one-half cent although Allan
tic exports were only l,l5s,G14 bushels,
against 2,lll,G44 last year Pork ad-
vanccd - cents per barrel, and lard %
cents per 100 pounds, as smaller est-
mates of the corn supply were enter
tanned The first bills against spot cot
ton of the new crop have appeared and
the Financial Chronicle estimates the
yield AT 5000 TO 9.000.0OJ bales To
appearances the new crop will exceed
the maximum worlds consumption of
American. of which the stock carried
over September here and abroad was
l.5s9.isi bales.
The change Of duties has brought
the government during the week
S4.a43.509 in customs. which is less
than many expected. and receipts are
rapidly declining. while internal rev
enue has dropped off To 81. 1i..5sa. of
which more than half was actually re-
ceived in the previous week. But by
resembling its order regarding de-
posits of gold here against notes de-
livered at interior points. the treasury
has gained more gold in few days
than BY the increase in customs re-
ceipts.
Large bills against future shipments
of cotton. and considera bile foreign pur-
chases Of bonds and stocks. have caused
exchange Ia decline. but gold imports
are not in sight. as exports of products
from New York fall nearly s.. 900. 900
behind last years for the week. while
imports show a slight gain and are
likely to increase.
OF the aggregate volume of trade
no exact measure exists. but payments
through clearinghouse for the first
week Of September were IL per cent
greater than last year. though .9.- per
cent. smaller than in ls9a. Perhaps
settlements on past business affect the
record. but it also appears that com
ilercial loans are not increasing and
are limited. while western demands for
moving the crops are much smaller
than usual. indicating limited demands
in other business there.
The volume of currency decreased in
August SiO.gJ2. -js. and is now S23. 20
per capita.
The boot and shoe industry has been
less affected the past year than any
other. but deferred business has easily
lifted its transactions above those of
the same week in ordinary years Bos-
ton shipments being $3.50 cases.
against 81 400 last year. i,se6 in 1892,
and s4.O0l in 1870 Large orders are
no longer a. frequent A. they were.
The cotton manufacture after some
weeks of increasing business. which
has been peculiarly stimulated by the
strikes. rcioiccs in really large de-
mand at high prices. Several large
mills have gone into operation this
week. and others will soon follow, and
the deferred business appears enough.
with current needs 10 employ the whole
working force for time.
The iron anufacture has materially
increased its output since the coke
troubles ended but with the result
that pig iron is weaker, Besscmer be-
ing sli.50 at Pittsburgh. At all east
ern and central markets the demand
for finished products is somewhat dis
appointing and prices gradually tend
downward. indicating a working ca
pacity exceeding present requirements.
Rails are not selling, and except at
Chicago there appears somewhat less
business in other finished forms
The wooden manufacture, in which
deferred business might naturally have
been larger than in others, does not in
crease the working force, and after
two or three active weeks the business
has Stacked with about three-quarters
of the usual transactions Of the sea-
son. Sales of wool have fallen TO Alb
100 pounds. of which about a million
pounds actually belonged to the pre-
vious week. against 7.6ls.sO0 in 1892.
and domestic fine wool has weakened
about a cent at Boston. although
Australian has advanced ~ with
stronger foreign markets Prices Of
some goods are reduced since their
opening, and Others recently offered
are - per cent below last years.
Failures in August aggregated liabil-
tiles Of $40, i3o,4-7. Of which S3,i72.330
were in manufacturing and Sj,07s,i53
in trading concerns.
~