The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-08-09
|ouN's COMMERCIAL REVIEW.

| ing Apparent. sim . Hopeful spirit Pre-
| walls -Appr~ tensions Of - Monetary Dis
\ turbnue~ Pushed Aside aud Prices Gen.
orally Well Maintained with Occasional
Advances The Growing crcps
NEW l'oRk. Aug. 3-R. q. Dun X
Co. in their weekly review of trade.
issued to-day. say:
The years business will he much az
fected 10y the crops and the most hope
FIJI estimate falls below full yield.
except for corn. Larger stocks thar
were Immediately wanted have been
taken by traders a. prices were adj
vancing and these tend to limit future
orders The general advance in many
products also causes reluctance &c
purchase. and the distribution OF the
past half year has been in part 10
make up for stocks and individual
supplies depleted during two years Of
economy. TN the other hand there
has been enormous increase in the
working force and a con>idera bile in
crease in wages paid, which enables
people to buy more freely.
Apprehension Of monetary disturb
ance ha, been quite pushed aside.
Strikes of some Importance appear
but do not yet threaten 10 last long.
though a strike of coal miners may
for time affect business somewhat
extensively.
The hopeful spirit prevailing in
nearly ali markets may ind its war
rant. in spite of some shortage in
crops. Railroad earnings for July thus
far are a5.s per cent. larger than last
year. but IA 5 per cent. smaller than in
lsos, the loss being mainly west Of the
Mississippi. East-bound tonnage from
Chicago for four weeks has been .ls.-
500. against $1,000 last year. when
strikes disturbed. and a25. 1888 in 1892
a decrease OF about , per cent
All the Indications show midsummer
lassitude. For the first time since the
rise in prices of iron products again
there have been some concessions TO
retain business. and efforts of new
works TO get orders tend 10 check the
advance. In spite of this the general
average of prices is shade higher. bar
having risen relatively more than mill
iron has declined. The market for pig
is quiet. and on the whole remarkably
strong. with the prospect Of increased
output Finished products are gene.-
ally strong. with more demand than IT
present can be met for plates and h.r
business.
Business in the cotton trade has
been the largest IN July for several
years. but not large rs TO new orders
A further advance of one-quarter cen.
per yard has been made with mod
crate demand for some bleached and
brown goods. and prices are firm for
sheets and drills. while colored cot
tons are quiet with occasional ad-
vances-
The demand for mems woolens has
been less active. with some disa.-
pointment observable. while worsteds
have sold relatively better.
Wheat suddenly rose cents on bad
reports Of condition. but has dropped
all the gain a. the scantiness of the
exports j. felt, shipments in July hav-
ing been only 1850 bushels. -four
included. from Atlantic ports. against
.. s65. 633 last year.
Western receipts continue verv small.
and farmers appear % he holding Tor
higher prices. Corn is shade
stronger. although reports are de-
cidedlv favorable. Cotton has risen
an eighth in p-.ce. wholly on bad con-
dition reports. but at the lowest esti-
mate the years yield. with stocks car
ried over. viii exceed the worlds de-
mand.
Heavy sales Of coal are reported at
prices az least cents below the cir
cnlar. and the market is much demon
allied. with fear Of auction sales.
The stock market has been strong.
and especially in the grangers. and
the average close is . cents higher for
railroads and 81 o. for trusts
Failures for the week have been 26i
in the United States. against gao las,
year. and . in Canada. against "A last
year.