The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-05-18
THE BUSINESS OUTLOOK.

(From Bradstreet's state or Irade. ,
General trade conditions the
able. Activity in speculative ana IN,
vestment circles has exceeded that IN
m~erchaldsse lines. put i, g e a5 i maoS as
been retained.
Wooden goods manufacturers. even
with orders for several @an mon aa n 70 eoh for
wool at the interior are above a parry
lower pr:ces are iooked Iori vaI neav ne
weather has retarded shear1ng. hnoae
island wooden manufacturers say the
among the more Favorable features of
| the situation are bank clearingss. the
aggregate for the week being, sl,lsl, og.-
| when the total was the heaviest since
| the second week of June, 1893. Compared
| With the third week of ay last year the
Ealing off as compared with like week
IN 1893, the panic period, Is oniy . per
| cent, and compared with the like week
Gross n net railway earnings for the
| first quarter of 1895 confirm early reports
of Improvement in conditions aHeetin ~
railroads for the three months aggre-
gate s162, 91s, s19, a gain of IL per cens,,
| while net earnings aggregate S4e,oi ,aSz.
double S,a the PROPORTION Of gain in gross;
The best relative showing IS maze by tne
roads east of the MISSISSIPPI anu NORM
Of the Ohio and Potomac rivers. The
roads show relatively heaviest gains In
| gross and net, while the grangers make
the poorest showing. Kaiiroad returns
Indicated progressive Improvement IN
| business, starting at the east, spreading
gradually west and then south as the
Prices of staples this week, again show
a sharp inclination inward, the most
| striking since the rdelval set IN, Pc
+ha inoroac cod strength OF. aC-
vance In and demand for iron and steel.
The price movement includes the 1oi-
lo AxidnvgancemHides, calfskins. shoes, cot
ton, petroleum. wheat. wheat -four, In.
| dian corn, lard sugar., refined, Besse-
mer pig iron, steel biae iron' na Merchant halst
| Unchanged-naval stores. lumber, coal,
w Spssls;lipp edk. a9aef live cattle. I've hogs,
The spread Of the strength in metals
ID a feature of the week. together with
the advance in wheat, pulish views NJ ~
"Rradstreet's'' reports as to the worlds
wheat crop outlook point to a probable
eeduealead With vi last, thus indicating the
smallest worlds total wheat crop since
1890. aar
market has had a marked revival. IT
withgtands the disposition Of London 10
realize profits and the possibility. there
mining speculation. Realizing sales in.
duced by this cause and by reports OF
| frost and damage to crops at the west
Of the industriais n other groups Of
stocks. The fact that the bankers mead
ing the syndicate which took the gov
other participants to supply an amount
of gold equal to their original supscrip-
tions has aroused great Interest. It Is
IS intended to affect the money market
or not, Bonds nave continued to ad-
vance. especially issues OF
against the sale Of a s5.ooo,ooo block Of
New. York centrars treasury stock IN
| London is the cause OF the decline
Exports of wheat from the United
states and from Montreal this week flour
counted as heat I amount to oniy 2, sss
100000 bushels in the week one year ago.
3,8S5,0o0 bushels two years ago, and $685.
600 three years ago.
washington fruit and grain crops have
| been favorably influenced. General trade
Z Seattle EFF e The san ai rlaae'Sf IS f fnu sSIa at q
| Portland, Ore. Tacoma reports activity
hi the woodworking industry and the
shipment of a carload OF matches to
There has been 21O business failures in
THE United States reported to Bradstreet,s
this week, against 24 last week, 1875 a
years 9 49,
From r. q. Dun & Co.'S weekly Pc
view.@
The severe cold snap, with extensive
frosts and in some states snow, has
great crops. though much to fruit, but
has considerably retarded retail trade.
The best news of the week is the ad-
s esnas e w " RsF s seilow sa BS y tae y gKon sas
Laughlin establishment, and evidently