The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-12-07
DuN's COMMERCIAL REVIEW,
The Complete success OF the Government
Bond sale HAS hut Little Effect on bu~t-
ness The Purchasing iower Of the toun-
trs ON the Whole Not Increased. and the
Price OF Farm Products No nstter--A
Further saii Ia stocks.


tn ON the hole Not Increased. and the
Price OF farm Products No Better--A
Further PAN la stocks
NEW Monk. Dee i.-R. g. Dun 4
Co : weekly review OF trade issued to
day says:
4 he complete success of the govern
meat loan and the rcplcnishment If
the gold reserve have not perccptibly
affected business nor prevented an adj
vance ~ foreign exchange near To the
exporting point. As January interest
has soon 10 be met. and the operations
Of the syndicate are thought likely 70
prevent much selling OF bonds 20 for
eigncrs. some exports of gold are not
improbable.
Meanwhile domestic trade and in
dustry have not been much influenced
by the heavy defalcation in one bank
ami minor disorders in two Others. nor
by the failure ~ the Erie railway To
meet interest on its bonds. The clos
ing of sugar rctineries will diminish
The Industrial force more than il i in
creased by the resumption of the Beth
lehcm steel works and few other
concerns. The controlling fact is that.
although in two Instances wages have
been increased. the earnings of
the working force and its pur-
chasing power are not. on the whole.
enlarging at present. and prices Of the
chief farm products do not improve.
Wheat is = cents higher than week
ago, and western receipts still exceed
last years. amounting since July to
1903. 500 900 bushels. against 100. 500. 900
last year. while exports from all ports
have been about 600 900 bushels
smaller. Corn has advanced a frac-
ton, receipts being larger than a year
ago, and on the whole the outcome for
farmers has not 50 improved as 10
promise larger buying 10y the west and
south
The stock market disappoints those
who reclloned on Improvement after
the sale Of bonds. The average for
railroad stocks has declined - cents
per share. and for trust stocks Sl.93 per
share. in part because the Shoe and
Leather robbery and other bank irreg-
ularitics caused some unreasoning in
ings continue uninspiring Those re-
ported for November thus far are | /
per cent. less than last year. and 10. ;
per cent. less than in 1892
The tumble in sugar stock NAV be
aimed at congressional action. but the
enormous importation~ last summer.
in anticipation Of duties. have not
az. 4.af
sumption. The curtailment of coal
production also lessons working force
or hours and many Of the flour mills at
the west have stopped on account Of
the condition of the market.
The great industries fairly maintain
the production previously reported. but
cannot be expected to increase at this
season. 4 few more iron works have
gone into operation. and the demand j.
reported larger, but there is distinct
weakness in prices. especially at Pitts
bnrgh. and Hessemer iron. billets. nails
and some structural forms are quoted
lower. The rail combination has
agreed to "A reduction of - per ton for
the next year. Coke contracts are be
ing made for the first quarter of 1895
at current rates
The shoe industry continues to dc
remarkably well for the season. and
the prospect for the spring business is
fairly good. although trouble about
prices occasions some friction.
In textile manufactures there is
more strength in print cloths. but
.,+l
and weaker The wooden manufac-
ture still receives some orders for win
ter goods. but the demand for spring
is much retarded by unavoida BILE delay
in filling orders.
Money commands better rates since
the sale of bonds. but there is scarcely
any Improvement in commercial or in
dustrial demands. and the flow Of cur
rency hitherward is as large as il has
been at any time since September
Importers make moderate demands.
and the call from merchants is only
for immediate needs. November paw
ments through clearinghouse are but
3. = per cent. larger than last year and
1919 per cent. less than in 1899. Treas
urv receipts are small. customs 20 per
cent. and internal revenue nearly 40
per cent. less than last year. and the
deficit for the month appears TO be
about s9.O0O.OOO.
The liabilities in failures for the
third week in November were s.. 1885,
93l. against g. 2s5.67G for the same
week last year The decrease was all
i'm manufacturing. of which the liza
bilities were sol5,326. against 81. $50. OF
last year. while in trading concerns
the liabilities were s.. 395, $40. against
si.3>l,6ig last year. For three weeks
of November the liabilities have been
ss.0ss. $40. against sl7,o31. lij last year.
The failures this week have been ESQ
in the United States. against 27l last
year, and 80 in Canada. against - last
year
To Recount the Kansas City Returns.
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