The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-04-06
THE BUSINESS OUTLOOK.

were also IS bank failures, with liabilities
of $12, 6S2, 537, or S360,0W each. II boun
were Jumped together, as In other ne, re-
ties here reported would be $50, 496, 220, that
is S13, $50. 600 or 2S.9 per cent. more than
is shown in amy other report tor o npe
gives commercial and banking. failures
separately, but shows That of the form
with liabilities of $50 23, 9sl, averaging
$4,000 each, while 3,l0I We're or Jraddag
concerns, with liabilities of s2o,979 1874,
averaging about $500 each. Inc oe-
compared with the first quarter OF lest
year is but lit per cent. while the ae--
crease in liab.altissss Is $l6, Soo' og ~ on ma ma
featuring and 20 per cent. In traddng.
The instructivenes of the report, and IT'S
value as an encouragement are largely
due TO the separation of Iaal-
Sss. ST.. AGAINST only So, 49,. 542 hast year.
Returns of the highest importance
| given this week show the condition of
retail trade i'm March throughout une
COUNTRY, and the distribution of goods
to final a a n ,a IN a eodhp ISss WEN
There is gratifying evidence that IN
most tradas and districts marked I'M
rprovement over 1884 Is reaaa i + bnooS n
1893. Everywhere, also, the occurrence
of Easter N March last year, but IN
April this year, IS found to aecounf r1l
tail trade, especially IN cry gogds any
| millinery, and the sewers weather and
| backwardness Of the season, alse teta ae
recovery. While tie volume OF graue.
in quantities of goods sold, IS neVerune-
less larger thar last year. but ON ,s "a
whole smaller than IN 1899, tn pc Iilall ~
| ference IN comparison with 1893 Is iouna
in the general decline of prices, Wnlon
| makes trade in value smaller even WlfsTe
it is clearly as large or larger In quAi-
Ul 1cco,nts from the chief centres of
Wholesale trace are also ~encounag.ng
this week. There is not only nopelul
not equally distributed geographically on
! as to anche of trade. aymen
through the principal clearing mouS y 3
! per cent. larger than last year, ana 100
| per cent smaller than in 1893. Inslr4c-
tive comparisons OF daily averages ~
| gaining, but the East rather more tnan
! others. Railroad earnings in Maren were
only i per cent. larger than laSt year,
| ard 1874 per cent less than i'm 1888, Whlcn
IS scarcely better than the report for
February or January, put Nhe loss -
mainly en- Granger and
roads. while Eastern roads snow d MANU-
The best news from the industries is
that labor TROUBLES have been settled CT
avoided, MahoIang iron 70 ana anfive haI Ne9t
in importance is the better demand fof
many manufactured products, wfach
gives Greater s., rea $50 S 10 hope NAV r preVe
there have been this week sales Cd =
o0o, 900 tons of Like ore az ap ood,,o 70 p are
no longer inactive, Bessenler IRON rlsMl5
to sI0.65, Grey Forge to 1925, common pA5
to s5 cents, structural "a angles aagn shares na . sa;Oi IN di1e
rise, and the Illinois Steel 20. mas
achieved a notable success in taxing me
contract for steel plates TOT slllpyalGa
more slowly, notwithstanding ehe low
price of anthracite coal me prouuc-
fion Of Conrleasville coke Tor Ine meSa
f6S.1 O1 tons, was the largest on recoTa,
h,gt there is some fear that higher COKE
and ore may close some WORKS, ooppsl
is firner, as sales of the stock taken IToda
the french syndicate removed. a load
over the market for the past SIX years,
and TN has been stronger, with tdn plates
because of purchases tor Faclic aanne =;
The success Of shoe manuIacIuref ~
raising prices z4ows mGHe complete, ana
some who first asked ~ CENTS advance
now ask. 71s cents, With more oruge !
sisted II IS conceded that orders are
on the whole smaller than usual, espec1-
ally from the West, Though the oo1o u
IS taking more THAI Usual pecaeSe st; y
tha severe winter. Leather IS, as SUN
as ever. and there Is no, yieIdnas IA
hides, which are higher at the West unan
ta1ions from Germany is said 10 hinmer
further advance in some qualftles. me
COTTON manufacture, once SthmuiAleu ny
though cotton hss halted, Better de-
nlaprd appears for many quahtless ano W
some slight advances m price. Sales "
ma ,raa as strikes are QUIT OF une
way. for 6,675, 100 lbs. We're SOLD teSt WeeA
against ASS, 200 last year; NO Ilse AZ
bb Tasey ssles and receipts of foreign wool.
stocks bave made scancely aiy a.
vance. doubt about coal settieTaelIts icy
;np Jersey Central "a GEMS
and the closing of Havemeysr q Spreck-
ais rafiner;es Elaving weakened sugar
some. Speculation in produe mas psen
duW' and sales m cotton have ialIen
~ n oN0 bales with no change in prices,
which are not higher than two weeks
AGO Large receipts and u~nprecedelIteu
sc~ese e is only expected. Wheat re
ceipts at THE West We're small EaSI WEI,
mt in March larger than last yea1' Wami
Atlantic exports about sne sa :. 9;obt as
uat on the prospect for the next cTop;
ffshe demand for money is soaneWhat
better. but since April ] fess increase !"
From Bradstreet's ''state of Trade"
The appearance of more settieg
weather ! n 5o ge1aes fo M'i Beg sen pig iron
and Steel billets, continued strength oi
cotton, stimulating manufactureTs TO- &c
mand higher =, p laeeern Tor wheat laa regions,
rgblT prealfiy needed. further increases
IN ussoes al Industrial employees, heavier
shtir,naenlts of wheat abroad, and the rusn
al fhe volume of the weeks Dank cleai-
ings above the s., GOO, 0oo,0 600 marx, are cyl
denees of the continuation Of q petter
f~eetine in trade circles and returning con-
sf3enes in many lines of business;
The LIST Of increases of quotations lot
sfaxsies Includes hides and learner, Wlth
a prospect for further advances, one re-
stft beng extremity firm views OF ll ~ q
of shoes: cut meats at Western points,
IRON and steel billets SOC. per ton, Wnlcn
resspf in better dernand for car, wagon
ana iy,Tlernerut iron, as we'll as for PIP
and finished material generally; me
prices are unchanged for hogs and PORK.
refined sugar, coffee, copper ana eetGem;
fractaonally for wheat and oats. so No.
Rank clear.ngs for the week, $l,0l3,0O0,
Needing week, s per cent. heavier than
IN the corresponding week a year ago..
and 90 per cent. larger than in the first
week Of April, 1891. the period Wnen the
effects of the Barring embarrassment We're
heing sharply felt. The weeks clearinEs
argreelalte IS, however, 10 per cent. small
er +han in the corresponding period In
1899. lust prior to the panic, and Il. per
cent. smaller than in the like week in
1899. when the volume of business was
Bank cfearings for. March show a
moderate gain over last year, increases
being reported by more than two-thirds
A. the cities covered, the tendency TO
4 decreases being noticeable South. Heav-
FER gains are in the Middle and South
western States. The increase over March
crease from March, 1888, Is 20 per cent.
I3anfr cleo rEa1o,s far three months aEgre-