The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-10-12
THE BUSINESS OUTLOOK.

(From Bradstreet's State of Trade.")
Cooler weather has stimulated a sea-
sonable demand for staple dry goods,
millinery and clothing, and jobbers in
these lines in all parts Of the country
feel the improvement. Relatively most
gain has been made at the south, where
an Improvement is reported in almost all
lines. Interior merchants are placing
more liberal orders than for several
years, n larger distributing centers
report sales of goods to the cotton belt
and collections therefrom exceptionally
free.
The more ~unfavorable features are
found in the disappointment at the mod
GRAFTON with which wheat is exported
ness in pig iron and steel billets and in
the competition suffered by domestic
wooden manufacturers from abroad.
But an examination of these conditions
indicates that if reports of the size of
the wheat crop and of wheat stocks car
ried over be accepted, average weekly
exports from this country, if kept up to
the end of the crop year, will exhaust
the amount of wheat available for ship
ment abroad.
Exports of wheat {wheat -four included
ed States this week amount to 2,24, 900
bushels, compared with 2,613, 900 bushels
last week, S,S17.o goo bushels in the week
a year go, 2.S62, 600 bushels two years
ago. and with 3,s25, 600 bushels three years
ago.
The weakness eff pig iron and steel. bill
lctS III NGclttl CulISy 1 dfHQ GdSl-
ern Ohio seems to be speculative. be-
cause no large contracts Rave been ak
en- at the further decline in them of 81
per ton. Ut is added that large manu-
facturers have orders for months ahead,
| and that a large contract for Bessemer
pig iron or for steel billets could not be
| placed at figures noTninally ruNng which
is corroborated by the stiffness of quo
tations further west. Heavy wool sales
S Ssar act,ndser The kiv week q at 0 RS SSa no,5 0oSIz
traded in there within three weeks. The
export of 500, 900 pounds of wool to Brad
ford last week is followed by one Of
wooden goods manufacturers have placed
considerable orders here for spring de-
livery at from On q 10 o. to eoa 20 per Tns cent aata, higher bs,rer
Der of business failures throughout the
United States number 263 this week,
| against 245 last week, 23S in the. week a
Stock speculation in New York is ner-
vous and sensitive, in view Of the posi-
the fortnightly settlement IN mining
| Shares in London. Latest advices indi-
cate that it will be carried through
| ever, has been to discourage outside par
| ticipation and to create bearish senti-
ment in professional speculative quar-
| little lower, some effect being produced
| by the cutting of railroad rates at the
west, which offsets the large crops. The
new trunk-line agreement IS TO put
| Of control. Silver has advanced sharply
to about sec. This creates interest in
| railroad properties. which would be bene-
| smelling. Foreign exchange has been
quiet; a far supply of commercial bills
/ and inactive inquiry are the features.
Demand sterling IS s'tbs ,,si,sass fea+orss
are found in the continued advance, IN
| the price Of cotton, which. in turn. has
put up prices OF several varieties OF cot
maintenance of these rates. which, with
freer movement of cotton. at the south,
are having a very favorable inf1uenc on
try. st. Louis merchants wire that
l southern merchants are outdolng them
selves in placing orders.
Reports to "Bradstreet's' of gross rail-
! way earnings In September point to a
continued growth Of railway Transports
finn business as the autumn advances,
a~cconiganded by enla r; { 1901 galn To over or cor=
s ssrir niles Of road. aggregate s44, $751; cas- for
September an INCREASE ,aei 9ver the total
agafnst a gain of only 1.6 per cent. in
August this year over last. Two-thirds
Of ali the roads. reporting show IL.
for nine months of this year are s34S. 1886,
0i2. an Increase over 1894 of 4.5 per cent.
wh;ch. in turn, bowed a decrease of ]:
nor cent. from the correspondents total
II 1894. Every group of roads shows q
gain fhfs year over last for the min
months period.
sns,5e Explanation. Anon conspicuous
derreases may be grouped indian corn.
live cattle and hogs. pork and lard, al
edentedly large crop Of corn this year
q lower price for sole leather reflects
Competition with. the leather combine
~ iastbat generally. CoIee is lower