The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-08-03
THE BUSINESS OUTLOOK.

From Bradstreet's estate of Trade"
The week presents a larger volume of
trade in many lines and at many points
than in the weeks before and one year
ago.. The rush of orders for steel and
iron leads in interest, displaying. remark
able strength. Western manufacturers
have been obliged to purcn~se Eastern
fdence is placed IN last weeks rumors
crop in Minnesota and the Dakotas. and
is the evidence of reviving confidence
on the part Of Western and NORTHWEST
ern interior merchants now hat the corn
This is shown ptainest at Chicago, 81:
Loris, M~ilwaukee, and, St. Paul, where
order demand and ,s sales to 10 str 9ngeFs n
tent. AT the South general trade re-
mains of as moderate volume as pre-
viously noted, Nashville and GALVESTON
is a better outlook and feeling at Char
lesion. but elsewhere midsummer qalet
fy affeets trade very ifnfavorabfy in
Lonisiana, At Larger n sssfefn of ba {
demand in leading staple lines at Bar
timore, New York and Boston, based on
improving iaterior demand for fab de
Tacoma and Seattle reporting an ex
ppansiR@q On. n Of dsp n E h,s faa pe ehanga. ana
Stock speculation at New YORK Is nam
ly professional. Sach interests, how
ever, are decidedly bullIsh on Lns caGp
road earnings. Prices have advanced on
buying from such quarters, and the mar
kst d%isregard s. the }nre fpse bSssiin lSl p %fhSe. con- con-
gfiei Of about sl,s0O,09o gold of fTGm n
the Treasury produces a snghe cooiins
sE - TR6 aIaSa of the week,
9rba action Of the ACKNOWLEDGMENT syn
s5eate in depositing $4,000 o gold in the
E Tre fa9sS d IL ssfhsaf 81 ri lis ifis Raent tSnss e
p IS t the Treasury gold reserves. Elk.
Change is, however. advancing. 4 g ~
II that the Bank Of England will reduce
the price paid for American coin. This
raises the gold export point. Ine se aroh-
s ause .H About Si,ao6,ooo Of this weeks
EithdEawals s from the T WsaS the s0S New X
srsl aaaHsa lean e 1lse4s9 e sPfa s'sll'ns Dlas
ward aHf for many leading articles. notably
tive advance At Boston, the q9yaotat lion
trasted with sIIze:. earlier IN the year.
Pig lead is also higher, and two assScia,
lions Of m~anqfa s a Is 81 pa par I'm IRON w hasf
flower is quoted higher than a week ago;
and cotton and sugar shoW fractlonal
a ad afssav a and srm ana BUT MOO pe fre arR0fii Is
lower on increased production. At west
ern markets hogs are lower, and at tids-
water prices for anthracite coal are ao-
mittedly demoralized.
). gsn *. 0 Slea abegst s sgs .o5 5S}y m aggre sSae
ing month this year; except May. they
are thirty per cent. larger than IN July
last year. 10 per cent. larger than in 1898.
gryt mt nTJifR 3 mar cent. smaller than IN
1892. Last months ~elearings are the
heaviest for July within twelve years
month in 1883 and 1890, the tor, of the rise
in Volume of business after the panic of
1884. Seven months elearingss are about
per cent. less thu thar in 1893. and le per cent.
less than in 1892.
somewhat improved through the preba-
hfe Success of the striking New York
t%ailors: the end Of the strike II the Cleye,
advances OF wages, starting up of new
manufacturing enterprises ana a further
Increase in demand for leading manu-
Steel. At Chicago . pig iron manu-
faefireFs have been refusing orders.
There are 22i failures IN. business re.
Compared with 29 throughout the United
States last week, go in the week one year
ago. and 459 in the. corresponding week
Of 1889. Iii the like week of 1882 the total
II textile. lines all previous gainz are
retained. There is less speculative de-
fland for WOOL, but prices are steady,
sales to American buyers at the recent
London sales $50. 0~0Obales) being three
Dry goods are only in fair volume, but
mere astive; and statesmen are he sgsIirg
Sa9es cf fail prints are moderate thus
far. Prices of gingharns tend upward,
while men's wear woolens are in some
instances selling at an advance.
Exports of wheat (four included as
wheaD from both coasts Of the United
crate Increase over a week ago, the totaI
being 100000 bushels a gain Of about
900, 600 bushels. This is due to. increased
exports Of, -four. principally from New
York, Baltimore and Newport News.
This weeks total of wheat and -four sS5
with 2.97f. 900 bushels year ago, 5,622, 900
two years ago, $685. 900 bushels in. the
corresponding week of 1892, and 4,o3S,U
in a like week of 1891.