The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-02-16
WEEKLY TRADE REVIEW.


lndlcting the Condition ~ IN. CONNIE.
cisi. Financial and Industrial Ini.r..,.
of the Country Complied by IL. q. Dun a
"a. improvement la som. Dir.,,,aa.
GountrrbaInnc~d nv Loss In uth.,-
wheat Takes Another Drop, >toe.s !.
sight Remaining Very Large iiusl....
Failures. Etc.
NEw IoRK, Feb. l0.--R. q. Dim &
Co.'S weekly review of trade. issued ~.
day, says:
Improvement ia business sim npue,is 4,
many directions. hut IL seems 10 he IA n,r,
balanced by loss ia others. The gradual r.,in
which began some time ago AMI with
strengthened ltt.e by the success IN ina
treasury loan, has scarcely answered esineta.
lions Reports Of resumption OF worl. c.r
tinuc 20 indicate that the industries ara lou,
more than In December. and yet the reacrl d,
their actual gain IS disappolntingly smap
The marked Increase which appeared M nr,,
!ngs OF commercial paper has almost wholly
ceased and the accumulation OF uncinulav.A
funds continues. 50 that indorsed mill papef
has been takel ut ~ per cent 1hr bond
operation has not advanced stocks nor .ti,nu.
lated speculation and the lowest price ever
known for wheat has been recorded
Doubtless the uncertainty which remains
with the tarin bill yet ia the senate ana ,nr.
reney measures OF Importance pending IN ira
rouse. has some hinicring influence hut there
Is siill seen an Increase in the demand FOR
many kinds OF goods because OF the exhau,
tlon Of the stocks in the hands OF the dealers
hy consumption which though les. than
usual Is nevertheless more than In any other
country.
Crop reports were expected TO cause rrea.
adyan cc In wheat hut the price has dropfeaio
6lis cents cash. The lowest point ever known In
this market. and both here and AT Chicago
May wheat has gone lower than ever Re.
cespts have been larger al the west Dghi7
bushels against > 1850 for the Same week
last year while Atlantic exports are hot
third OF last years
Stocks in SIGHT diminish little and are so
great that bankers, after their trying exper
cnccs last spring. are not In haste 10 cnrry
them for spectators The fall for the week
was about cents. with sales'of d.0)0O)p bush.
els IN one day aud tOOJ0Jj for The vnek
Sales 81 corn we're small. and the price de-
clinei less than a cent though western rc-
cei pts were Ia .265 bushels against 2aa- eli
last year
Hog products and coffee we're suhstanl.Ailr
unchanged Cotton rose a sixteenth IN spiinof
visible stocks exceeding half the worlds van.
sumption FOR year aud a decrease ~ ~ per
cent. compared with last year in takiuss VI
northern spinncrS. Speculative forces On
either side. rather than the facts Of supply and
demand. govern M present.
The volume OF domestic trade does not nais.
rally increass exchanges indicating decline
compared with last year OF 1913 per cent else
where and 3ig per cent. at New York
The earnings OF railways IN January were 4.
per cent. smaller team last year the decrease
rising from 81 per cent. for the third in 1879
for the last week az the month the loss lclne
lG. In trunk iine.. i..s on southern u W
granger roads. -. @ IL other western and H. 90
southwestern roads.
In wc~t-hound tonnage the decreasr n Jam
uary was II per cent Poor earnings ana
prospect that the decrease may coatnue
rather thln any financial event caused the
average % railroad stocks TO fall ~ cents per
share. and the average ~ trust stocks frll %
cents the latest gu-s.es. rather than nfprma
sion about the taxes. controlling the marke,
There were some foreign sales of railway
stocks but bonds Were In good demand
The actual production Of pig iron February
/ was goeie tons weekly. against Da0ss tons
January l. and isiepl year ago. The anpar
cnt output was slightly less in January thanin
December. but the increasc in stocks uusoi
was only 1897 tons. against ig.s5s in Decem-
her 80 that consumption In the manufactures
increased not quite one.half per cent, though
- per cent. less than year ago.
There have been large sales OF steel hllleis,
lifting the price 10 so - 81 Pittsburgh. ana
better demand for wire nails. wire rods AMI
harbed wire while the Pittsburgh price o.
lIcssemer pig has advanced 10 so - l'hi.a
delphia notes larger transactions. and i'm
proyement appears az Chicago.
The market for tin Il dull af $40 -. and Lake
copper is quoted at 500. but lead Is stronger
by ?. per cent Tho decrease in shipments u
boots rn shoes from Boston for the week Wa
only . per cent. but trailing 50 largely
10 low priced GOO u that IN value the decrease
In ous ness must be greater.
textile manufactures are gaining a little
Inquiry discloscs large stocks OF cotton
Enods held by dealers tn.n was suppose and
qriic u large proportion % mills are likely 10
81 ,sc before long unlnss orders increase. hu
tl~- rumher rep oried s'lrting j. again several
times the number reported closing sales q
woo. w~rr laryer last week 5....iDiO pouncs
AGAINST . &5sS last GEAR. and the markets
we're all more active but this week T. com
I.ratlvcly quiet The Average OF prices ~
reported Dy Coal & I,f,S. OF Philadelphia. j.
only u - cents per rcun1. "A decline of one
hllf cent Ia January.
Many mills have opened in an experimental
way. aud made up goods enough to iry me
market. with results not ~ yet largely en-
couraging. There H. u better demand for dress
goods ana for some wors.ei hut In general the
trade IL extremely cautious. Recent sharp
reactions In cotton goods have not brought
out the increase OF business expected
An auction sale OF Silks resulted I'm better
prices than any anticipated
Foreixn trade does not Improve. domestic
exports at last falling below those of the CORE
sponiiny week last year. though for the year
thus far the increase IL per cent, while the
Imports are W per cent less than last year
Failures FOR the week have teen 50 IN ne
Unite States. against -, last year. ana ~ ~
Canada. against ~ last year. several icing %
m ri mi r Tn