The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-04-13

eign markets. The low price encourages
manufacturers to compete mucn more
vigorously with foreign goods OF many
kinds than they had expected, n Tor
the medium and cheaper grades OF goods
they have more than the usual qelnano,
because purchases of consumers nave TOT
two years been comparatively, smaIl.
The better goods fare not SO well, com
petition being more EFF eifed dress s en5 sneT T9
cottons continued strength appears, with
further occasional advances or q quar-
ter and an n E eighth e f,. IN IpM rln5 e aeents a ars
sold well ahead.
Stocks show scarcely any change, for
the week, though the report of Burling-
ZION, and the failure Of the coal corr
panies to agree, were unfavoraple The
business, ever with q little buying Dy
IS easier, and supplies are apair coming
from The interior, while foreign eS-
change has been at the eNporti' g point.
pr1nelpali : no 10 l arg s' FaSiure sS. for the
first four lay of April sh CIV 90 l.aoiia
Of man afact5ring and $74g,6S3 of ira ling
concerns. Failures for the week We're
2T in the United STATES, against ~
"a last yeac.
drrom Bradstreet's Estate of Trade.')
in the price movements, more, partlcu,
iarly those for cattle. dressed beer aha
petroleum. Drouth, low prices and ..hard
in a0horter supply. of cattle, prospec-
Live cattle are $3.50 higher per 100 pounds 4ds
lowest point this year Dressed beef is
2lac. higher than the average last year,
the highest SINCE 1885, The comparative
sized by the fact that present quota
tions. when made in previous PERIODS OF
scarcity, have never failed to bring a
,.DnI urla m nyiGtn6 BPtrOleDm
sold at s1.57Ac. on Thursday. &c. high
er than IN January | and 75c. higher
than a year ago, which more thar Ihfee
highest quotation. since 1878. Reducea
/ production and increased consumption
indicate the former has been oy neard5aleass
excitement in the market.
Other advances are of leather n
d hiaes c and foot NeW E SelIpRedrs p ed aa'a ask
more f. o. b. at New York. n at the
west bar and manufactured iron have
scored. advances in actual transactiops.
Recent gains in prices for Besselner pig
and steel billets are maintained. but
the request at Pittsburg and. Chicago
is checked. Coffee and uga are firm
AZ reactions plsoreus includes; fractional declines
f Hnly in on wh foasr c priees oa df n lRe Rern. the
The maintenance of a generally higher
range of c~learings totals. an improved
OUTLOOK TOT manufacturers III Tie Stdple
lines, the spread of the feeling of con,
fidence that the volume of business will
increase in the near future, and an i'm
proved crop outlook in western and
northwestern grain States are among the
more Significantly favorable features. 1t
should be added that leading north Pa
cihc coast markets, Portland, Seattle
and Tacoma, Spokane and others. claim
that through recent freight rate re-
auctions they will control the jobbing
trade of a largely Increased proportion
Qf WachjnQ tOn- Idaho and oregon, WnerG.
to this time, competition by eastern job
bers has been heavy.
Holiday influences affected the New
York stock market. but the undertone
of speculation continues strong. Activity
of the professionals centre in the indus
trials, and prices in some instances i'm
proved IN governing of shorts put out
on the idea that an adverse decision on
the income tax might force an extra SEES
sion of Congress. Despite the assertions
that Readings insistance on an increased
allotment would prevent a new anthra-
cite combination, coal stocks have held
firm. Reduction of the Jersey Central
dividen also had little effect. B~urlington's
unfavorabIe report for 1894, and the be-
lief that granger earnings will not i'm
prove till the new crop moves, causes
heaviness in western railroad shares.
Atchison's reorganization plan is re-
ceived with Indifference, though the
bonds have shown strength. Foreign
| quiry. Demand sterling, 4.S9@4S91a. Sill
| yer shows renewed strength, owing to
| confident reports that the Chinese war
indemnity will be in silver, and that
Japan will insist that the country be
| opened tc foreign trade.