The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-11-16

Mari 81. Wheat Advances and Corn DE.
eIin~s Cotton Reaches the Lowest tosnt
Ever Recorded. hat stecks are . shnas
Stronger "A Further Gain 1" the 1"ia ne
serve. Itc.
NEW York, Nov i0-R- q. Dun q
Co.'S weekly review Of trade issued to-
day says:
business has been waiting the
greater part of the week. and the cleo
tions are expected 10 give II sharp
stimulus. Whether men are right or
wrong in expecting better things,
the fact that they expect them does
tend Ia make things better. Thus a
larger volume Of trade might be an
ticipated. although no present events
can alter the size Of the corn crop.
nor make the demand for wheat or
cotton closer to the supply. Neither
can the election returns alter the tar
if: and II any industry is affected by
il. favorably or unfavora bly,. the stu
alton i exactly the same as il was be-
fore the people voted. at least for some
time 10 come. But il is fair to infer
that further notifications of the tariff
are rendered less probable by the cleo
lions of Tuesday.
In the speculative markets there has
been scarcely any movement and moth
ing favorable TO holders. Wheat is >
cents higher. but with receipts of only
S,s45, O3a bushels, against o,59s.i.. the
same week last year, there is little en-
.oura cement. because Il ocks in sight
are far beyond all previous records.
Atlantic exports have been only 55a.-
3l1 bushels for the week. against 9i,,-
500 last year. and the price has adj
vanced about one-half cent. but there
is scarcely any confidence that present
prices. low n they are. Will be main
tanned. Corn has fallen a bout cents.
Notwithstanding the fact that western
receipts were only l.0l.-b9S bushels.
against e.4gi.Gi. last year. and At
lantic exports only -. 80 bushels.
against CO.. 1914 last year. for statistics
have little effect when the supply is
believed To be 80 far short
Cotton has declined an eighth TO 5as
cents. which is again the lowest price
ever recorded. and appears to mean n
definite decrease in production hereaf-
ter. as in most Of the southern states
the prices now realized are not remu-
nerative. For the present the stocks
here and abroad are large enough TO
kill any speculation.
Stocks were shade stronger the day
after the election. but the strength did
not seem Of an enduring kind. The
re of railroad stocks at the close
j. barely Lee higher than week
ago, and Of trust stocks lss
higher. The truth j. that the
disposition 10 realize on every
small advance in prices is
constantly encouraged by the un~a'is-
factory reports of earnings. which for
the month of October were S. per
cent. smaller than last year. and s.
per cent. smaller than in October. isa2.
The reports for the last week of the
month were indeed a shade better. but
there have since been more definite ac-
counts of serious rate-cutting by the
trunks line. which may mean a heavy
loss before the season ends. The break
in the coal stocks has not been re-
paired and il is believed that the coal-
considerable part Of their past profits
The treasury reports a gain Of about
$500. 600 in its gold reserve for the
week. but the customs and internal re-
ceipts are very low. and for the month
of November thus far the expendi-
lures have exceeded the receipts about
SO per cent. Foreign imports at New
h.. sst*s. h..w
gain Of only 80 per cent. while in
the exports Of domestic products from
New York there appears los Of 81
700. 900 for the same weeks or - per
cent
The output Of pig iron was larger by
1871 tons November /. when il was
i,s. 500 tons weekly. than il was Octo-
Der /. and larger than "A year ago. but
it i still about l3 per cent. below the
output last May, before the great de-
preston began
The boot and shoe manufacturers
have been doing relatively well as
usual. though the season j. about over
and the orders running into the future
are. as hitherto. almost exclusively
for goods OF the cheaper grades
In the textile industries there is
rather more hesitation than appeared
I week ago. Print cloths are lower.
/ having declined 10 62 cents. and some
Of the cotton mills have discontinuei
production because the demand is un.
satisfactory.
The sales Of wool al the three chief
markets of the east have been only
1915. 800 pounds. against 1851. zoo last
year and -.el5.000 in 1899 for the cor.
responding week. There Is no specu-
lativc buying, and manufacturers are
purchasing only for their immediate
needs. 80 that the prices. though aver.
aging about quarterof a cent lower
than a month ago. show no tendency
as yet TO improve.
Reports Of failures are on the whole
encouraging in comparison with last
year. and yet the volume OF liabilities
is larger for the season than in any
year u ordinary prosperity The ag-
grcgate in five weeks ending No
vember has been si0T-2.Ti3 Of which
1856. 5,5 were Of manufacturing. and