The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-08-03

NEW YORK. July .s.-R q. Dan 4.
Co. 5 weekly review of trade. issued TO-
day. says:
The heavy outgo ~ gold. the fan III
the treasury reserve. and of TIA. price ~
wheat To the lowest point on record.
and the increasing uncertainty aba.t
the tariff, have entirely oyershndow.a
other influences. business DELAYED f,r
months by two great strikes now crowds
railroads and swclls returns. and gives
the impression Of revival in business.
But IL is not yet clear how far
there is an increase in new
traffic. distinguished from that
which has been merely blockadcd Or
deferred. In some branches thcrv has
been more activity. but in others less.
because events early this week led
many To infer that no change of tariff
would bc made. The internal revenue
receipts ON whisky suddenly dropped
more than half. and sales Of wool
greatly increased. sut the Uncpr-
tainty il not removed. and much ~ the
business done seems 10 bc in the nature
of insurance against possibilities.
Internal revenue receipts amount 10
sd, zoo. 600 for the month. Sl4 .2Da.ppD
more than in the same part Of luiv
last year. Customs receipts this month
are less than 5000. 900, against ~,a.-
100000 last year.
Freight which was delayed hf the
railroad blockade now crowd, ihe walk
roads. and doubtless accounts in large
degree for heavy western receipt, ~
tt..4. 4, "A tt...
the comparison is now with ,isae ~
great depression last year. Tine ic-
crease on all roads yet REPORTING for
July has been 2G.5 per cent. .hua.Fh
the roads as yet reporting for the i'ri
week show n loss Of only 1916 per .pt
Earnings in July on such roads q. hnse
reported are so per cent. less "a i'a-
ciiic, 5..3 per cent. on granger and i'.7
on souf hwestern reads But murii Vt
the business was only deferred
The payments through clearing
houses are l5.a per cent. less Than q
year ago, and for the month thu, far
l5.s per cent. less. being a3.i per cent
below those OF 1892.
Wheat has found in the lowest depths
n deeper still and scld below s.. ma'.-
ing the monthly average AZ Ncw YORK
the lowest ever known. Western re-
ceiptS have been 5.45i.s.i bushels.
against 3.l92 295 last year. in part be-
cause of delayed shipments. but shc
movement from the farms has been
heavy. while Atlantic exports have
been only l.5li.G0s bushels. against
2.05. $50 last wear. Corn was stronger,
mi -
and the experts are triiling 'oi'fn
declined 4 sixteenth to cents thnrgh
receipts from plantations are small.
Official reports count for nothing in
comparison with enormous visible
stocks.
Textile industries have been per-
ceptibly stimulated according To deal
ers. by disagreements which many
suppose may prevent change ~ the
tariff. and there has been more brNing
Of cotton goods. with slightly higls'r
prices for few. notwithstanding The
closing Of some important mills. he
stock of such goods j.. on the whn'e,
quite large. In woolens. the gp'is
famine. which clothicrs prepared tpr
themselves by dcferring order. IS
such that imperative necc~sitie. how
keep most Of the mills at work. and
purchases of wool for immediate
use are large But there N no
change for the better a. respects orders
running into the future, and indccd
some concerns have withdrawn spring
samples in which very low prices had
been fixed. and will make no effort for
IL. al ~ xxnn1 IrX
been greatly swcllcd by speculation. IN
the belief that wool is not likely % de-
cline in any event. but may advance
sharply if tariff changes fail. Sale for
, the week were a,03l. 100. agains. e.lisl.-
500 last year. aud g.lls.50o in i-9. IN
four weeks of July sales have been
- $50. PSI pounds. against lo.636.aop IN
1893. and 20. e50.S50 in i~os.
While scarcity Of coal delays rcsninp
ton of work in many central and
, western iron mills. the light inquiry
, for finished products and the di~ap-
, pointing demand for most AZ Pitts-
burgh raises doubt whether material
Increase can b. expected until we
tariff question is out If the way. Inc
demand for sheets j. better nj Chicago.
, and there are numerous small orders
for structural work at Pittsbnrgh'
with rather better demand Cor bars
but nothing like the expected rush.
At Philadelphia the tone improves ana
. prices are STEADY. hut foundry husi-
ness j. much depressed. and sharp com.
petition prevents advance in finishes
products.
business in shoes continues good'
and shipments for four weeks 81 July
have been l 900 eases or per cent.
larger than last year, and 5000 cases
or il per cent. less than In 'sas or ls'i-
Orders for womcn's light goods appear
; to be- slackering.
Failures for three weeks 81 ''niy
2 compare well. Of course. with the pane
z period last year. commercial liabilities
2 being 1851. 900, 81 which s.'.'s>''~'
g were ~ manufacturing and Ss.fvf-ui
{ of trading concerns. Commercial l"ah.
= are expanding but little. and gr'''
caution still maintains soundncss
The failures this week have been II.
LI So