The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-08-16

New York. Aug. 10 r.. q. Dun
20, IN their weekly review Of ira,
issued to-day. say:
business continues unusually ac,
Tor midsummer. and though there
perccptible relaxation there are
signs OF reaction. The one chanre
great Importance which the past W.
mas brought IS eminently helpful
the amicablc settlement between 80
miners and employers througho|
western Pennsylvania. Ohio and /
diana. II is said that about 100
men will have their wages increa>
after October by this adjustm.,|
While the enlargement OF purchase
power is OF consequence. it seems EVIL
more important that chronic cau|
Of controversy has been removed
the new agreement as to compa
stores.
There is no important changes
crop prospects, and at this time !
news is emincntly good news. Talsl
altogether the crops OF the year pro,
Use so much better than was expectJ
"a month ago that the effect is hirn|
encouraging.
The outgo of gold continues. ana e|
cites some comment, because il is te
that the bond syndicate could arrc
the movement at once II it pleased d
reducing the rate OF exchange
Speculation has been more sncces
full in cotton than in any other nro|
uct during the past week. and ID
lifted the price an eighth, although
cannot be said that the prospect ~
yield has definitely changed Sou|
injury has evidently been sustainI
from excessive rains and the gover|
ment report commands a little mol
attention. Wheat has decline fra|
ton with very scant transactions. Il
extremely small western receipts incl
encing the market for the prese
more than the restricted expori|
The concerted with holding of whe
10y western farmers. if CONTINUED
would donbtless affect the priI
in the end. but it has already stopp|
Atlantic exports almost entirely. "A
amount. -four included, having be,
only 753. $50 bushels for the past v &c
against a,ys6. i36 bus hels for the sau
week last year; and when iorcic|
markets have supplied their nee
from other quarters the western fari|
ers may find reason to regret that ,hs|
did not ship their wheat at the ORD
nary time Corn tends to lower price|
with more encouraging prospects. All
the expectation Of heavy corn cr,|
affects prices Of provisions. AZ migI|
be expected.
The industries continue TO mail
progress. and higher prices for ire
and steel products prove that the su
ply has not vet outrun the deman
Bessemcr iron is a shade weaker. 81
gray forge has advanced about
cents. and finished products are i
marka bly, firm with further advan|
in steel beams to 10 and in angles
Is cents and in bar iron to l3 cent
The Carnegie works at IIomc>te4
broke the record by turning out
July ~, 900 tons of steel, of which II
$50 we're Of beams.
The anthracite coal market is con
p,etely dcmoralized. and prices hat
again yielded little to about "A
lowest ever known.
Sales of wool are not as much il
fiated by speculation rs they wei
during the first half Of July. but the
still considerably exceed the actu|
consumption in the manufacture
amounting. at the three chief ma
kets, to G,259. 300 pounds, against 2, -
200 pounds for the corresponding wee
Of 1892. Prices are very firm, holde !
who bought enormous quantities
month ago in expectation of a rise a
pear to be looking for further al
vance. But wooden goods show siglI
Of weakening. and there is much con-
plant of foreign competition and ri
iervaluations. especially in mediu |
and lower qualities. while in worstedl
the tendency of prices is upward.
Some staple cotton goods have aga
advanced in price, and the market
unusually strong for the season.
The shipments of boots and shot|
continue larger than in any previo'
year. but there is very little new bus
ness. and most Of the manufactured
are getting near the end of their q
iers, while many have discharged
part Of their hands. Prices are firm
maintained, and there is no yielding
leather. though il is reported that
hides prices at the west show lit
weakness
The failures in July show labilitid|
amounting to Sll,7ss,5l0 Of whic|
s2.549.0.5 were Of manufacturing. an
g. es3. i.S OF trading concerns.
Failures for the week were 225 in u
United States. against 264 last veal
and ~ in Canada, against 81 last veal