The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-01-26


..o- ooo oso In,tsd states is.ad~ in-
du.t.t.l tmpr.s .tn.nt .ntinues. Though
slowly. with GENERAL is~hnsh"" va
Mar.s ~ speculative Markets weaker
and Idle Money Constantly Assu"h"'S
leg ru-ine-s Failures Eei-
Nrw YORK. Jan -o.-I. q. Dun y
Co.'S weekly review ~ trade. issued to-
day SAYS:
The event OF the week T. the orer 81 $1,000
0u United states 3 per crnt irn-'ear N"nas
The decision ~ ihe secretary -lsr, iHnsh sa's''
faction 10 al Who cars iNr a ~"4A" '"ftrNSf'
necauSei the necessities ot III. treasury ~err
dangerously strengthening those WAC urea
the issue 81 ssoOoOD more silver c'riincatcs
against silver -sei-ni0raEtN % ~ coined Ihf
gold not represented by ccr'ineaic' has tAiieh
below 80 uDosh The revenue continues
10 fan lclow that o. las year a"'AI
ss.Onao per month ana action IN consr - o.
various financial measures + ltarle AZ any
time TO excite doubts whether COLL payment,
eau ne maintained Hence rrql~ni,amrhi ~
the gold reserve VAS necessary - restoration
~ confidence and revival OF hrs'aess lh'
immediaie creets we're not great. Though Lon
don after selling Americas securities largely
several days bought To some extent but u
subscriptions FOR the loan SHOULD re free and
large II il hoped improvement In trade and IN
dus.ry may he hastencd.
While industrial Improvement. continues the
gain j. small and Increase IN the purchasing
power q; the people ~ enhancement ~ tn
force "a. work j. in "a measure modified through
reduction IN wages raic During the past
week dispatches have told % reductions aver
aging ~ per cent in nf;cen iron and steel
works and averaging l3's per eert In eleven
textile works. live. employing thousands o,
hands each having reduced wages - per cent
Meanwhile twenty-five textile ami eleven sryi
ana stec! concerns resumed wholly or Ia part
against seventeen textile AMI four iron con
Germs stopping or reducing their forces The
volume OF business done has increased in lead
inr branches hut no, largely: ciearings fa!
below those OF last year for the week :. - per
cent and uncertainty regarding tae future as
yet prevents the ventures essential TO pros per
Gus activity
Textile WORKS rcsulning are mostly CARPET
aui knit goods concerns. with some worSted
works sales OF wool for the week have been
3iss sO) pounds against d0<s.5,J last year ana
the proportion since January has been aDogs
the same Though more mills are al work.
and there T. more speculative tuyins. prices
nevertheless decline. so that sales al Boston
are about one cen; fellow prices asked two
weeks ago Lowell brussels carpets have been
reduced cents. The demand for wooden
goods Increases INT j. VERY small. and j.
LARGELY confnet - g1o4- % low cost bur
known repute for quality. aat ira le T. dieSs
goods Is decreasing An ansnimeni defer
ring the change % WOO dltis- WAS expected ~
some to increase business. but did not pass
/ Cotton goods are weaker. Lawrence brown
sheeiings Al y. cents low grade nieacned ~
- cents. print cloths az -. cents. with dun
market. American shirtins prints ~ ~. cents
Merrimac prSuts ~ ani Lancaster aid Amos
I kcag ginghau~ al aud az cents
In silk manufacture the depression i inii-
Gated hy IMPORTS ~ raw silks for six months.
no. a third a. largo a. those OF year ago
Most shoe Manufacturers are doing little
more than half the usual business though
some are well employed and the shipments
F, from Boston this year thus far have been 3Dper
cent. less than las; year 10 date
Again there is reported m0re business in iron
7 and steel products but al lower prices steel
rails were reduced January 10 80 per ton.
and al Pittsburgh steel hfllet- are selling al
sl5-5 steel tars and tank steel at IL
4 cents ieam. at Ks and wire rods a al D
! AT Philadelphia consumption increases very
1 little and the market j. all n the buyers.
favor Al Pittsburgh bcs~emer psg IL quoted
at sf0 - or less. and contracts fsr co~e are
made ~ II for six months. while some south
crn forge iron is sold a; price yielding Only
IS - AT furnace
structural work is in fair demand and there
Is more business in wirc-naiis at IL cents. but
no improvement Is seen In bar or PIPE Chi
cago reports increase in structural work. but
| lower quotations. though the Iro9ucis'flrnacc
I Is about 10 start
4
though wheat is one-sishfh higher. with In
creasing stocks and small exports aaC corn Is
.hree-quarter- higher.
Cotton has fallen. as receipts continue much
larger than year ago. and the demand for
consumption IL narrow Lard and Tee are
lower but oil advanced a cent. with large
trading Prices Of stocks we're lifted on Mon
u dssv hut depressed Nv London sales Tuesday
and "Wednesday. and the quick rise on Thurs
day after the Offering 81 bonds. did ncs Last
/ through the day. though progress In reo-vani-
nations gives some strength Earnings for
( January thus far are ~ per cent belrS last
years. and large shipments over trunk lines
still fail TO correspondence swell receips>
Gain in retail distribution 81 products Is
still small. imports at New York show for JAN
Y nary thus far a decrease OF more than D'pcr
cent while in exports hence gain Of $3.50 o.
90 or nearly - per cent. appears Tne-e Is
4 no thought Of q movement OF gold. a. London
sends stocks hifher to settle for products The
I excess OF exports over import, In Decemte- was
ti3yty,o hut the exchanges seemed @ fore
shadow gold exports
Greater confidence abroad in the financial
fuiure woull be o, especial service In coming
months Idle money constantly accu.nniafes
acre and trust companles offer six months
loans ~ : per cent; yearly. while per ve-s l.
the prevailing rate on call
Failures fer The week have teen 80 In the
United ~iaiek against ID last year. and ~ IN
Canada against ~ last year