The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-04-20

actual decrease in receipts of cattle at the
four chief Western markets has been zyuoVo
| head during the first quarter Of 1895. and the
quantity killed has been only SO,0oo neau less
than last year, about 10 per cent. but Facts
have little to do with prices in this case. as
in the case of OIL
Boots and shoes are in larger demand, all
though the jobbers have to pay 10 cents or
more above the prices paid two months ago,
and there are more orders than when the adj
vance in price was first demanded. Except
from the West, there are indications or a larger
consuming demand, but on the whole the mar
ket is perceptibly narrowed by the advance
which higher prices for leather have OCCASION
ed. In iron and steel the situation Is Ia.nss
Disappointing. although the output contihues
I large. as tie demand for finished proaucts
does not seem to increase. Structural forms
are In large demand, but sales Oh WIRE are
| about 80 per cent. less than last year. and In
other branches there is no perceptiple gam.
1t is stil an open question whether the con,
/ sumption will support the manufacture at the
present rate, which is at least an eighth be-
low the present maximum.
Some large textile mills have advanced
wages, at Fall River. about 10 per cent, re-
| storing the rates paid after the reduction n
September, 1898. Labor troubles are compare
lively less serious this week. and the tend
| ency is toward larger returns for labor, when
| will Increase the consuming power Tor otner
products. The cotton mills are encouTagea
by improving prices and are falriy pusy,
Sales of wool at the three CHIEF Eastern mar
| kets have been Is. 1884. 800 lbs. for three Weeks
| of April against IA, 602. 800 last year, whicn
| indicates that the production of goods is at
| present larger than 1t has been at any othel
time for nearly two years, ana VIII srauchss
| the manufacturers are making a vigorous
effort to retain the home market. even IN
| lines which at one time they expecsea F"
abandon. -
stocks have also been stronger, the average
| rising about $1.H per share in spite OF COM,
! are only II per cent. larger than last year,
| and l4.2 per cent. less than in 1888 wmiis ~
March the decrease compared with 1879 f e
oniy 1871 per cent. The hopeful OUTLOOK Ior
the principal crops gives much encouragement
and also the increase in distribution OF mSr-
chandise- But tonnage from : h S sthonnd aaaInst
la. 93 last year, and 1885, H in 1888, ano us
eastward movement is light at other po'uts;
through shipments westward are large anu
increasing. The volume of business represent
ed by exchanges through the principal cieas4
ing houses is only 81 per. cent sar c .apss less than in
1883, about half the decrease pelhs oue :"
the lower range of prices. ~,
Money markets are comparatively GUN. anu
the accumulation from the interior continues,
although there is not material increase IN the
commercial demand Foreign trade sagHsA
heavy balance abroad, and gold wouia ~
douhtedly 90 out in large amount but .I
t5e negotiation Of bonds by the syndcals:
The government deficit FOR me moht anne esSs
far is over SO, 900, 900. and no reason appesls
10 expect that It will much diminish, faliurss
for the first eleven days OF April ahoun.g,
- soot~rins and 81, $50, s27 of trading concerns,
Es;I,aras during the past week have been ia
in the United States against ~ iasl se"'
and ~ IN Iduddd dSShAot -
(From Bradstreet's state OF lraue.
The volume of general trade has maintalnse
the present weeks proportions, anu :. sou son,
nospts shows noteworthy increases as eom7
pared with the total a year ago. Inc reac-
ton in petroleum prices appears 10 nave pes'
overcome, and the tendency Is asain :, oao
based on a drop of stocks from aoouI 800,
nO0 barrels of Pennsylvania oil IN January
1894. to less than 5000, 900 barrels OF nlerchahE
table oil. So marAed ana RAPID has neen -
- ~vtra If nPtTnlRtlT0 THAT
rtatfon in it has been excited. further al
yauees in quotations are notea also in
wheat, on improved, demand Tor export, eos
ron. on a widened present anu
irrespective; print cloths and other COTTON
goods, because of higher raw cotton Besse-
mer pig iron, on the increase OF eose
coke and labor. and shoes and leather, on the
further stiffening of values of hides. Inc up
ward turn of prices for dressed peer ana nss
cattle has been maintained. Cohee Is iomsi
as are lard and cats. but indian corn anu
nork remain steady, as consumers are wait
ing the new crop before buying, feialiNeiyt
most improvement in trade IS IN the resion
west of Chicago and north Of st. Louis anG
Kansas City. The rush of the spring demand
for millinery, dry goods, clothing, groceries
and hardware is over. but a fair voiunle ..
conservative trading continues. MIG weather
and needed rains have greatly improved the
agricultural and commercial outlook IN the
northwest. General trade conditions IN the
south are no better, and, in some respects,
less satisfactory. improvement IN demand is
announced at any point. In Texas hlgh WINDS
and lack of rain have hurt crop prospects, ana
farmers in some localities have not planted yet
Exports Of wheat from both coasts Of the
United States this week, flour included as
wheat, show a third weekly gain IN succession,
the total amounting to 6,165,0W0 bushels,
against 1884, 600 bushels last week, 3,0l9,0oo
busIel in the third week of April, 1884, S,95S,-
900 bushels in the like week OF 1888, o,logooo
bushels in 1892. and as contrasted with 2,222,-
600 bushels in the corresponding week 1ouf
years ago.
= Gov IT oatiac IN SQ1Q non 600 during the
previous six business days, a decrease as COM
pared with the total for the preceding week
Of 80 per cent, but an increase co f sue,
1894, of La5 per cent. The corresponding aggre-
gate in 1888. less than a month prior to the
larger than this weeks total. In the cor
responding week of 1892 the clearings total
was only 10 per cent. larger than TINS week.
Trade between Seattle and Alaska is grow
ing and trade advices from many interior
points in Washington are encouraging. Tacoma
reports the Woodworking industries active, an
order for 700 doors from Portland. Me-
being a sample. At Portland, Ore,
| there is more activity in general trade circles,
No material change is reported by San Fran
has not yet begun as favorably as expected.
The movement of merchandise throughout
the central and northwestern states shows an
increasing activity in the great spring wheat
states. Duluth is awaiting the opening OF tne
500 canal to ship merchandise, iron and wheat
freely, st. Paul reports seeding mas progressed
favorably, while the improvement in prospects
| for business at Omaha and Des Moines are
| among the significant features OF the weeK.
The upward course of prices in the New
! York speculative stock market reflects the
Improvement in prices of commodities, ratneI
| than any tangible Improvement in CONDITIONS
| Affecting railroad and industrial properties,
Large interests, especially those connected
| With the government bond syndicate. are also
| thought to be supporting stock values. un-
favorable incidents, such as further decreases
| In railroad earnings and the passing of the
Baltimpre & Ohio dividend, are disregarded
| The general belief in the proximity or a large
| rise checks, selling, and encourages Dull man
| ipilators to advance values on small trans
| actions. Public interest in speculation is Inn
| tied. and though foreign markets snow act
vances in American stocks and bonds the
| buying there is also professional. Indications,
| however, point to a revival of European ms
| farest in our securities. Bonds are active and
| generally, higher. Foreign exchange is very
| Arm. demand sterling being quoted at 4sS IL
| Silver has had a sharp advance, followed by
| q reaction. -. I.
| the United States this week. Last week the
| total was, 225; one year ago it was 222, and
| two years ago 217.