The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-08-23
pun.s COMMERCIAL REVIEW.

4 tsefafsd season ssa.rd nv q fros ~a MAY
Rather Change. Ismr~ aud -~s-"n..
White Financial ss@nt- ar. t~~.t :"
Speculative Markets. ." Great. eppre-
h-n~..n. ftnt ~, >ot Ire>rni Pair
Volume az rtsi~
Nrw N,Ek. Aug. i-.-E g. Dun 4
Co. in their weekly review of trade
issued to-day. say: :.
II j. a hclatcd season. frozen May
set everything back. he heavy bust
ness which ought 60 have been done ia
May and June was pushed into July.
20 that the midsummer decline due in
July comes in August With this in
mind. one l. not surprised 10 find the
>hrinkagc from July 10 August rather
more conspicuous than usual Finan-
eial events are used in speculative
markets 10 create apprehension
Exports Of gold have continued this
week. and while the syndicate has de-
posted enough in the treasury IN keep
the reserve intact. the impression
grows that another sale OF bonds may
bc made. Exports are falling below
last years. in two weeks of August
g. 800. O0n. or 20 per cent. while inn
ports show a small increase Of u. per
cent
Government receipts for half Of Au-
gust are 6. Isl 800 less than expenses
The disappointing crop reports of last
Saturday. though evidently di>trust-
ed. lessen confidence in regard to the
future of trade. even while some spec
ulators gain bv them
Ha..l~ 81 I.tthr- il -l..a fact that
the industries are doing better than
any body could have expected The
output Of pig iron August was lso.-
So tons weekly. or Id sos by another
report, in either ease close TO the
largest outpn; in 1898. though sur
passed by 5000 tons in the spring of
l>9a. Unsold stocks are >s.U-> tons
smaller. the great steel conpanie,
having made heavy purchases in adj
vance of needs. but the actual con
sumption l. large. and prices rise in
the face of the increasing output
Bessemcr iron j. si4 II at Pittsburgh:
plates have advanced 81 per ton,
though other prices are in some cases
shaded In the east
Woolen manufacturers find in theii
way large sales OF foreign goods a
prices which cause official investiga
tions- The imports We're 5000. Dot
pounds OF cloth AMI dress goods IA the
first half Of the year. against $4,000
last year. The sales of wool. 6..si3. s0l
domestic and 3.--p.sp0 foreign thu,
month. against II. SO $50 domestic ans
l.6G. 500 foreign last year. AID il.sc,.
40. domestic and 4.5Gd. 500 foreign IL
1882. Indicate that domestic wool y
largely held for speculation Al prices
about a cent higher than manufacture
err feel able 10 pay
Few strikes in wooden mills occur
brt the carpet works about Philaiel
phia are still idle. Shipments of boot
and shoes have fallen almost 70 Las
years figures for August thus far. an'
orders are a vet scanty for the new
season. but prices are firm. and leatAe
does not change. thongh tanners de
cline to pay current quotations. 20 I
10 cents for western buff hides
Crop reports modified expectation
as 10 cotton and wheat. and cotto
spectators have bought lifting ia
; price five-sixteenths. while wheat
with more evidence Of loss in yieis
has declined ~ cents According I
, the government reports. the crop :
, each would be about two-thirds OF tn
maximum A third Of the years cor
sumption Of American cotton is sti
. on hand. but not third of the year
/, consumption Of wheat Receipts y
the week were better. hut not ha
last years. and in three weeks 6.is>
:. s3l bushels. against l.,.ii.JS3 bushe
;, last year
!. August earnings Of railroads TIM
: far show 5 per cent. behind last year
with loss on nearly all classes
July the full returns were 10 per cent
and in June ~. per cent below tho>
!. of lsga East-bound shipments fro
Chicago for two weeks OF August hav
!. been .9..i5 tons. against y..o3s la
year and 100. lce in i.ga
= The stock market has been quite j
! active with trif,ing decline both
railroad and trust stocks as whol
largely influenced from day To day
financial rumors.
Failures for the week were l95 in Il
"A United States. against -. last yea
and g. in Canada. against - last yea