The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-11-16
THE BUSINESS OUTLOOK.

(Trom Bradstreets State of Trade."o
The condition of general trade, as tele-
distributing points throughout the coun-
try, continues Irregular and without ma
terial change. There is a distinct fall
with perhaps the heaviest reaction IN
quotations In those lines reported IN
any week since the late boom in those
metals reached its climax. Central West
tern cities continue to feel the unfavor,
able influence of u~nseasonaDly. maId
weather. which is true as well o. ci1iss
of decreases in quotations for merchan,
disc, wheat, corn, oats, pork, Iard ana
coffee, among food products; cotton ana
print cloths and lumber cat Boston, as
well as various grades of iron ana steel.
copper lead and weaker quotations TOT
tinplates. The converse includes an IN
expected Improvement in wooden goods,
| increased riders for manufacturers, ana
higher prices for several qualities OF
goods. In adddtion, there IS a c~ontinuance
of the Improvement reported for weeks IN
bank ~clearings, as we'll as in gross earno
ings reported by railways. having 100000
miles of main lines.
generally improved trade and an espec-
tally heavy movement OF spring Waeat
Is hut the 93 3aage ana gI .Jnly sh tbsa year yea any 4 heavy
| falling off in southern railroad earnings
is attributed to the shortage in the cotton
crop thu IN T monis6 on ahe 1a 50, road sarn WITH over
| 1o6 .0oO miles of track, were s54, S37, OTIS. a
! gain over last year of 6.8 per cent. Last
year almost the same mileage showed a
decrease of 81 per cent from 1893. The
granger roads show the heaviest IN
| creases, several gains ranking as pheno.
| menal; but the fact that 70 per cent. or
| ali the roads reported show gains is EVIL
dence of the widespread character OF the
| Improvement in railroad matters.
Total exports of wheat flour included
| as wheat) from both coasts of the United
States and Montreal this week aggre-
gate 3.325,00 bushels, the largest weekly
tcatl this year since the middle OF last
Renewed gold exports. amounting for
the week to $50 GOO, have checked the
market. The selling. however, is profes,,
| sional, the short interest enlarged, and
the liquidation apparently, completed.
lions that the reorganization plan Will
include heavy assessments on s1 5Sk. eng n
Junior bonds; The market 9 get at 5,d phlIa tian
Change IS very firm at I.ssA for sight
sterling. Further gold shipments are ex-
Bank ciearings at cities througslhncsuMat
the United States aggregate $1,l7l. oq. oo
this w 4 Ser I o eat G meme t hars in '1 n sec.
ond week Of November. 1891. and is per
CEN. more than in the corresponding
corresponding. period In 1892, at a time
when bank .clearings' totals were esxx .
ceptfonany heavy, the raining OH tnis
There are 80 business failures reported
throughout the United States this 1hd y, we saas
compared with rs last week, ZSo N me
| years ago. and as contrasted win omy
sos in the corresponding week of 1872.
The l2s increase mere EVEN IN f ast p Is more q than aaniu acs
| counted for by Southern and New Eng
land States.
Rrom r. e.. Dun & Co.'S weekly Re-
vtew.)
The remarkable speculation in hides
| and leather during the past year WIN
Industry and legitimate business, shows
how little foundation there was TOR tne
| tremendous advance in prices, what SnaIe
how one Of the greatest industries of the
country has been affected. 20 some
| months the lack of new orders for pooes
purchases made when prices
were rising, has been recorded weekly.
| Those who wish to Judge in what dlTec-
| and boots and shoes will move, will find
highly instructive as well as interesting
| the contrast of such prices for the past
fhe Government monthly crop report
has caused, as usual, rather more UNI
certainty as to its Interpretation than
ton statement. lacking account Of
| acreage on which it is based, was of only
speculative value, and the mere rumor
that Mr.. NELL had reduced his estimate
OF the crop actually weighed more than
the official estimate. Receipts from plan
tations, Is per cent. less than last year,
If of value, would Indicate a crop of over
1900, 900 bales, but organization to hold
back the crop renders the comparison
of less use. The bottom fact is that even
with the three million bales CARRIED over,
will assuredly prevent any famine in cot
ton. Meanwhile the exports decrease 36
per cent. in quantity.
There is really little reason to expect a
yield larger than last years. but West
ern receipts, 500, 1854 bushels against A.
026, $50 last year, do not mean scarcity of
wheat. Probably it is true that the at
tempt to induce farmers to keep back
their wheat in July has ended, as. usual,
in much bigger sales at lower prices in
| November, and prices have now declined
so far hat, for the first time IN many
months, Atlantic, exports exceed those
weeks. flour included. $3.50. 1884 bushels
against 3,193,11 last year: The decline,
nearly 1c-. is not much, but does not
mean confidence in renewed
from clearing, house exchange y per
cent. larger than last year. but ia per
more noteworthy because in some de
partments the movement has been IN
roads. s2.e per cent greater than last year
FOR the first week Of November. and 20
per cent. less than in 1892. are better than
for the previous four weeks, and tom
age moysme nrsy, ars T. Hea per c faii,, ,argsmp
the first week of amounted to
% Tqi 475 against 81, 844, AS last year., and
fnr October show liabilities of SIG, a37, 9N
against ST. e7 ;2so last year, and 81, sla l3e