The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-06-28
GUMS COMMERCIAL REVIEW.

NEW YORK, June ae.-R. q. Dun
. report. issued to-day, saws:
4 Failures for the second week OF Inn
u show liabilities of only -. 0Ds. 3s2. q
: whlch s'o..3a7 were manufacturer
: aud si.3s9.G.5 Mere trading: agains
s,9l..S5s in all for the same week las
y year OF which sS>s. is- were manufa,
!, turing and Ss.sso. 200 were grading
! ADDITIONS Tor the first week Of Jun
! raise the aggregate for two weeks. in
! Guiding the Cordagc concerns. To sli.
\ i-l,s&l, OF which SlO.5l.,3a5 were m an
ufacturing and S3.6si.ii5 were trad
ing
FAILURES for the week have been ~
IN the United states. against PA las
year. and 81 in Canada, against % las
year
lie who sees setback ut this tim,
must be gazing through telcscop,
pointing by mistake at some othe,
country. From all parts Of the United
States the best advices oltaina BILE tell
OF rising tide OF trade ald industry,
which threatens mere and there Ia
mount too far and too fast
The volume of all business is by no
means equal To that OF 1892 as vet.
though in some important lines larger
than in that or any other year.
Daily payments through c leariny-
houses IN June are 20 per cent larger
than last year though SO per cent.
smaller than in iSos, the last year of
iull business at this season A rise of
more than quarter in "A single year
Is the more significant because, in
spite OF recent advances. the prices
OF commodities as whole
average fraction Of per cent. lower
than "A year ago. Two influences of
tremendous power contribute to the
rise: Encouraging crop news and con-
fident rcplenishing of stocks which
have for two years been depleted to
the utmost When business payments
have so long been $4,000. 900 yearly
less than before, il is not strange that
the increase should be at the rate of
Sll,OOO.O0 a year. when faith in the
future inspires general replenishment
of stocks
Excepting too heavy rains in Texas
crop reports this week have been |
highly encouraging. Future injury |
to cotton cannot be predicted. but as |
yet nothing indicates a yield below
100000 bales, which would not be
supposed to threaten famine If the
commercial and mill stocks are re-
lnembered. now exceeding by 500. 900
oales, full consumption until Septen
Der !. Receipts continue small and
consumption close to the maximum
here and abroad. though the market.
ng of British goods is not entirely On.
'ouragine Liberal purchases OF all
products by the south do not Indicate
'eliei That any serious misfortune i'm
,ends
30 the strong trade in the cereal.
states accords with brighter
rop prospects The reports from
prlng wheat states and from the ,
acme coast are 80 cheering that al
hongh the loss Of winter wheat was
arge, those whose estimates have been
most accurate in recent years now
airy in predictions from 1870. ooo. 600 70
20. 000, 200 bushel.
Atlantic exports for three weeks. !
our included, have been only 3.75s.-
- bushels. against 6.O0J. go last wear. {
idlcating no urgent demand at cur a
mt prices. There has been a fall OF I d
tnts IN wheat. with heavier sales a
nan for three weeks past. {
Inc rush for supplies in iron and d
eel resembles a bear panic" in the a
-ock market. Because prices are O
counting. every body hurries TO buy. c
hay NJ 1.
on mas reached sic. 65 at Pitts burgh, p
ie Bar association has advanced com
on to 81. Is. the Wire Nail associa- n
on puts up the price to ST. 80 per key. a
ne steel rail makers hare raised the II
rice to ssi. Eastern and SOUTH c
m furnaces have both raised b
ices again 30 cents ton, and struc. e.
iral beams are 81. 35 and angles 81. %. g
y undeniable that works in opera o.
on are crowded with orders. and 9TH 81
; which have been idle for years are 5,
'eparing to resume So
Sales Of wool at the chief markets G.
'.'Vo pounds domestic and 3. ss4. 4OC II
reign, are larger than in anv pre-.
Gus year Tor the same week, and in u,
rec weeks of June have been 10. 5IG.- IN
, pounds of which 1904. 500 were n;
reign. Holding Of stocks bv growers "
higher prices has caused an adj a,
nee in the average Of iOl qualities 81,
domestic woods quoted by Coates ~
%. ; from 1900 cents June | to I327 or
nts; but Australian is Dough. on n m
-ge scale at 30 10 IS cents for comb in
and "a to 30 for clothing. both al
,ured, and want of domestic SIM IL.
es - evidently causing heavy pur- II
ascs OF foreign wool in advance OF oh
eds. III
riders for mems woolens are little en-
tier, and the Washington mills are wa
morally opening up their clay Sta
rsteds at an advance OF about 81. tn,
cent, though some lower grades th
reduced in prices Ia,
advances continue in cotton goods hi.
are sustained by unusual demand du
! scarcity at time when the mills ma
generally anxious to clear off old pa,
cks. III
n ipments Of boots and shoes for the gu
.k have been the largest ever known the
my week, l0i, 42J cases, according tn . z
Shoe and Leather Reporter. aud for me
&c weeks OF June have been II per inc
7 larger than in any previous year. foil
Il