The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-05-04
THE BUSINESS OUTLOOK.

The manifest improvement in many
lines of general trade has resulted IN
an increase IN the volume OF pu S1nass
of 5000 Rhode Island .worsted mill opera
tives and many in other industrial lines.
Industrial unrest now takes the Iorm
of striking for higher wages. rms Week
about $4,000 industrial employees, prln-
cipally coal miners and cotton and WOODEN
mill employees. a v struck. and the
About 5000 people are reported to have
obtained higher wages without striking;
April bank clearings reflect improved
lation in stocks and bonds. wheat, pc
troleum and cotton in a monthly aggre-
gate which Is. with two receptions, ths
lspgalst cle repGrssd al sls & cit aene are "a 4.2sa l ,sss..
S sss; q EE aia oy this ls Year q il i g Ss5 f pea cent aHa
The Increase over February Is p Per
porting show increases over April, 1874.
special improvement being noted IN the
Eastern and Middle States and in the
group alone shows a decrease. For four
months the total clearings are SO, w.,
5sa. s57. 2 gain of 81 per cent. ever roar 1 1879
Bullish influences continue to rule the
New York stock market. The. trading,
while somewhat broader. is stu mainly
whether produced BY realizing q By
short sales, fresh buying. appears IN SUIT
fcient volume to cause further improve
ment in prices, 4 number hs ct l faureg
since January i, 1895. the movement in
such industrials as Sugar and United
States Leather being particularly strik-
though interest in American stocks
there is confined. to professional inter-
ests. Bonds are firm but less aetlys;
exchange rates demand sterling being
4.s9. Silver Is a little lower on the doubts
about peace in the east created by the
attitude of Russia, toward Japan; .ou
throughout the United States this week,
against 223 last week, 179 in the week a
year ago. 24s two years ago, and l66
Bank elearsn7gs at 50 cities this week
record an Increase in the yolnamnaeo ,o6 2f
trade, the aggregate being $l,os5 GO, ooo;
per cent. more than in the like week OF
1894, 20 per cent. smaller than in the first
week of May, 1893, the week of the crash
Stock Exchange, the beginning of the ac,;
tive effects Of the panic of that year, and
a per cent. smaller than tbs be total clear
ing for The IKE week Ma In ls vi nreceding
cams are retained, together with further
Improvement due to needed rains in Ne
braska Iowa, Minnesota, South h and
Took Improved correspondingly.- The sea
SON Is fifteen days. ahead In South Da-
e eepa { SG 70 tie rule E. show some improve
menf. AT Chicago and st. Louis the
volume Of trade Is as large or larger
than at 2 IKE peri add IN sta lsyz' d Z year anod e
hardware and building materials lead
ing in activity. Similar adyiees are re-
s Mlyedand 6fem St. cPis aap and o hansa po.n Gsty'
acteristics of preceding weeks with a
iorg list of gains-wheat 2Mc.a, corn 1hc..
a sugar bi iseg s Vn%em finally shoes segsi Prints.
sash and doors at Western points, and
big iron of all grades at St. Louis, Csc
are practically unchanged, as is fin
Eastern markets. and all except inferior
GRADES of wool.
al the London sales, and domestic coun-
try prices sboye q part parity VIII Moo dhose mills enTs
are fairly supplied with orders, but are
neis are more. active. stocks being only
IS only a fair business Il cotton goods,
Iud prices remain firm. No gain is look
ed for until demand for fall supplies
ions Within the week include ! reaction
lard 'sf ioc.. = coffee hc.. hogs s., and on
petroleum 3bc. per Darfel. 49,
coast has evidently set in. At Seattle
heavy wheat exports are. reported, as
well as higher prices for lumber and a
for March. At Tacoma the local -four
market has been stimulated by the fact
that the Northern Pacific Steamship Go;
China line. AT Portland there Is an m
fmprosem Saif' s looked 81 a' for. At San ssn Fran
i H1ofo Is sra brig II nlot Rains Throughout The
gest wheat and barley crops for Years,
and bags and ocean grain fre,ghts have
fonr Went to Asiatfc Russia from San
Francisco by sail this week.
sFr0m ;. 6, Dun Hie s S9's HWeekly Re-
Business begins May in better condition
down in May, 1898. Smaller ii volume
t tblafs sasn IF Hhs Z csPtf n oSgta shleia Is m ers
complete recovery is the anxiety of many
to pluck fruit before it Is ripe. Holdsrs
as 70 prevent their marketing; consump-
ton Of materials in some branches rs
checked by advances which cannot pc
some Industries are demanding Wages
that cannot be paid out OF any business
in sight: In spite Of labor troubles n
ACC2oCS llC 49,
ems; money markets continue healthy,
and with heavy s. ales Of railway bonds
abroad. the deficiency in public eyenue,
$S,742, $40 in April, causes no apprehension
Demands for full restoration Of ages
to the level of 1892 have closed many
wooden mills. and threaten to close others
employing about 5000 hands at
and about Providence, and have arrested
work at other mills of some Importance
already. Similar demands are made in
cotton mills of Massachusetts: The strike
ghich closed iron snaf farn n;fse,, a. s,,en g 3 b,sff
WORKS about Pfttsburg. Pocahontas coke
workers are on strike, and one IS threat
serated ACCOUNTS Of recovery in business,
SO often published and sometimes prompt-
ed by manufacturers themselves make
It not entirely STRANGE i operatives Lai;
Of the working force is still unemployed.
The speculative fever grows more fierce,
as Is a natural when errem business loW na sIaEEs p 81
Nv lifting wheat three cents to So cents
Atlantics exports have been checked
and, flour included, have been only l,S1S,
close was at 68E cents. Western receipts
are now larger than a year ago, ana,
except in parts of some States. the
z RrG sais Of tc Zoo ! tons By. the Fair estate
at San Francisco. loading thirty ships
for Europe, viii lessen other demands
on Atlantic supplies. ENORMOUS transac-
5 asslIne y ff sS1fG I q oa s.si eeats, lf fhougS p Rs :
IN China was represented, as ensuring 9
greatly increased demand. ALREADY 3.
1oO, 600 bales have c cope tn mt shlg sre M anS
abroad. 3.S6S.266 American q, week ago
with UNPRECEDENTED stocks held uncon.
sumed by spfnners, SO far exceed tn
1tuS'pS oainin fur months. that nj