The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-01-26
THE BUSINESS OUTLOOK.
From Bradstreet's state Of Trade

Special Geographic and mail adv1ces
from the more important distributing
centers fail to reveal any marked i'm
provement in the movement of merchan-
forced that the general trade situation
remains as previously characterized
BY small volume, M low U,,f prizes; i 1 naadsto :
very conservative trade for some time to
come.
only at eastern wooden mills for mems
wear fabrics, among Providence manu-
fac t9na9as Jewellers ns,,s, wholesale Mamnbi aeai ana
west, at St. Louis, Kansas City. st,
mnaent f elm Ai ratSer by. o%onntraat with
recent dulness than with the volume oil
trade ordinarily transacted at his sea
which have increased sharply. though
prices are higher; Mills report nneSr
woolens for fall delivery in spite Of
foreign competition, clothiers having
placed the bulk OF oyercoatings n
mills. Transactions in prints and Iging-
hams are of fair proportions. the latter
nS Nopss Of 18th the larger eastern cities report
a likelihood of demand to aatieipa.e
wants; on the contrary Y 'or al ;nfa nr nsars
by wants only. Boston reports a de,
crease in the quantity Of Somme ecal
stocks of goods on hand. At Pittsbnrg
unfavorable weather has checked trad
ing again Philadelphia textile mills NIL are
outlook but Baltimore jobbers say trade
is fairly satisfactory.
| South Carolina, Georgia and Virginia.
| More interest is manifested by patrons
Of Richmond jobbers., and Charleston and
| and naval stores more active. Atlanta
jobbers are awaiting. results, of Febru-
tend trade. At almost all southern cen.
! tres general trade remains quiet ana OF
very moderate volume.
| There is a little more activity in bar
| and pig iron and steel rails at Chicaso
| and St. Louis. but general trade at the
| tofore. At the latter city orders for msl-
| linery, dry goods and shoes are larger,
and it is stated American tinplates are
| being cheapened at the expense OIL quar-
ity.
ssi7. Co., 900 for the past six business days,
a moderate decrease as compared WIZ
| the previous week one year ago, but 80
| Prices of staple articles support a ten
dency toward improvement, there being
9 showing an Advance, 10 wn1cn ana are {
of Importance which are lower. Al
| vances in quotations for petroleum, tin
to these products being practically in
| the control of producers or Dealers OF
both. - rta+as
| this week continue heavy in number, 32
| against 37S last week, 1888 in the week one
years year age seo' 00z Exports sWo sac of Wheat Mour in.
cIuded as wheat from both coasts OF
the United states this week amount to
was 1854, 900 bushels, somewhat larger
than usual. One year ago the total To- Z
| 2.947, 900 bushels, two years age z.oSlgV
| bushels and three years ago 1t was D.
| 557, 900 bushels.
The dull resistance which prices in the
far to fine heavy gold shipments and
rapid shrinking of the Treasury. gold
reserve would IL ind ! ar5sia a r petet is shn more e
| likely TO be obtained. There has been
| some liquidation in the stocks of proper
ties subject to ~reorganiz ars ant aap cd
| Apart from this, however, the pears
still find great di ilicu nf ,n N hosa0qsi nes
eurities is reported for European ac-
Foreign exchange is firm and high at
a 90 a 18g1z for demand sterling.
inquiry is fair and apparently repre-
sents considerable fSrther w With canals
/ Of bills comes from the transfer of gold
amounting to 81, 400, goo, al Of WED Trea ep was
| Further considerable amounts of coin
| have also been taken by bankers, but
6s Elm fa Del eSID nNmal geagas; @as that anas the
| government sell gold bars AZ d prelllula
Of X per cent. do not them
weeks aee are are the shipment Of s7,4OO,O 900 COLO
ana sne to about $780, oo,O 900: A new bond
| issue is talked of, but the adminlstFa-
| ton has given no sign, and seems th m
Congress may authorize a low-rate short
time bond to meet. the temporary re-
| ouirements of the Treasury.
Erom r G.. Dun & Co.'S Weekly Review.
,a1Nad h11cinaSc this
v,eelS About &c. $50, 900 gold has been
yvitbdrawn from the Treasury, mainly for
evnort and the gold reserve has been re-
duced to about 500, opo,o og, SINCE &c 90 esorh-
ing DAYS. about s53, 900, 900 gold, and daily
increasing distrust is liable to affect mar
kets unfavorably. industries nave mo-
11rodf1cts to prevent further decline in
prices, and this week the average Ior
| all commodities has again Ioucneo me
Of hands employed does not increase,
/ and a strike has cut of for more than
| a week about half the business OF Brook
iyn. to some extent affecting trade here.
| has done nothing to repienish
tbe Treasury. and a great variety OF
| financial doctors, each offering ms rem
1 adv does not promise health for the pa
| tient. Another offer OF bonds, under the
ojj law and existing circumstances, might
| result unsatisfactory.
AZ bottom. BUSINESS hesitates because
| the future is clouded, and the consuming
dan,and mas not increased in January
as was expected. In belief that it would,
| Industries had enlarged production, n
| until If does the excess of producing
~canaeity constantly tends to depress
nrices. In, iron and steel. weakness is
seen at Philadelphia, where Bessener
| ron is quoted al $11.S5, and plates at
| 81. go. and at Pittsburg Grey Forge is
quoted at 9.15, and wire nails at 80 cts,
4 better demand appears for bars at
| Pittsburg, but at Chicago they are an
expectedly dull. No transactions in
| rails are reported, and in general the de-
mand for finished products Is considered
| disappointing The anthracite coal traffic
is seain much disorganized. In boots
| and shoes the narrowness of the con-
Stunning demand is felt in qualities for
which prices nave not been advanced,
and jobbers generally refrain from or
ders at the prices asked, on the ground
| that consumption is below expectations,
and would materially shrink if they
| shonId ask more. Som factories have
| already stopped, others are running part
| time with orders nearly finished, and
1 comparatiyely few AVE orders for a
| month longer. But leather is very firm,
though not very active.
Heavy sales of wool, 6,567, l5o lbs. against
| 5.661, $50 two years age, are In part the
! result of growing confidence among man
| ufacturers that they will be able to meet
| foreign competition, and in part because
prices are not thought likely to go lower
/ so that some have purchased beyond
I their orders for goods. The market is
| broader, about half the sales being or
Territory wool for mixture with Austria
liam.
Wheat has SOLD at the lowest DOlQJ