The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-05-24

scarcely Less than la is03, hen uu.,-
ness iir"kc Down and Exchanges -,
iselow the Normal Average.
NEW YORK, May ~. -R. G.. Dun .
20. s weekly review OF trade. issued
} to-day, saws:
Inc severe cold snap. with extensive
Irosts' and IN some states snow. has
fortunately done little damage To tha
grain crops, though much To fruit. IN,
a considerably retarded retail trade
The best news of the week Is the IN.
vance OF 10 per cent. in wages bv ~
carnegie works. followed by the
Jones-McLaughlin estn blishmcnt. ana
evidently implying a similar advance
by many other oncer The M.
nois Steel Co. is starting It's
furnaces without granting the de-.
mands OF employees. No adva nee has
been found practicable in the WOODEN
mills, where conditions as to pric.s
and foreign competition are very dif.
ferent, and about 10000 workers arc
still idle at O~lneyville. where the
works should produce 600. 600 pounds
per week. In other departments ~
labor bles r not serious. and IN.
demand Tor manufactured products in.
creases.
With material and steady enlarge
ment in domestic trade. there is still
great want Of employment in the in
terror, for money which comes hither.
", 100000 during the past week. and
with the millions distributed by the
syndicate on bond account. stimulates
speculation. Accordingly wheat has
risen five cents, although the re-
ports of injury by frost do not
appear, upon sitting. to concern
any considerable proportion Of
the growing grain. Western re-
ceipts for W weeks of May have
been e,9l7, 305 bushels, against 2.G0o.-
POS last year. and Atlantic exports
S,509.4s4 bushels, against 4,555. lOi last
year, being reduced by the advance in
price less than would be expected be-
cause OF gencrally-currcn reports of
decrease in acreage. With ONLY six
weeks of crop year left. the stocks in
sight indicate n heavy surplus, if not
as large as some western statisticians
estimate.
Corn has advanced only one-half
cent, though apparently injured more
than wheat, but the acreage gives
promise of a yield of 1000. 900. 900
bushels.
Cotton is an eighth stronger. in spite
of the fact that 9,46l. Osl bales had
come into sight last Friday, which Is
over 100000 bales more than the larr-
est cropever recorded. Northern spin
ncrs have taken a little less than 3 years
afrA -. data ,.lA.. "
e,0OO.O 600 bales, but at least 500. 900 more
than they have consumed as vet. and
foreign spinners hold nearly 500, 900
bales more than they have consumed.
while commercial stocks here and
abroad are 2.Id. 900 bales more than
three years ago. The manufacture
Sales Of wool continue remarkably
heavy, for the past week at the three
chief markets $3.50 40 pounds, and
Tor two weeksof May II, 1850, $50 pounds.
II. .67, $50 in the same week of
1872. the last year Of full demand. In
hat year the sales of domestic were
96s, 600, and this year 5,Gsl.750
pounds. The markets are quiet, almost
Unprecedented apathy for the season
but because stocks OF for
ign woods held here are remarkably
arge and are offered at prices
elatively lower tina those demanded
~ western growers.
Advances in wages OF iron workers
" Mr.. Frick. Of the Carnegie com
are as significant as we're the
Idvanccs in wages of coke workers by
he frick Coke Co. Apparently it isa
trategetic movement in the great bat
lie between iron producing interests.
Though it is generally inter
reted as proof that the outlook
Or trade is sufficient to warrant
material advance in wages
nd prices. Most furnaces in the Ma
oning valley have also advanced
Bessemer iron has raised to
lao ut Pittsburgh, with gray forge
I, 500. Finished products are in
demand, but as yet not enough
to cause any general advance in
rices. and proposals of combinations
merchants steel, structural iron,
ire rods and cut nails, with the exist
combination in steel rails, show
lat the market does not rise OF itself.
The shoe manufacture is doing re-
~ h1Olf well ~ uSuul, tuouKu oBcTo
ons for the future are ina terially re-
rded by the advances in leather and
dcs. which many begin to think have
me somewhat too far.
trade for the week shows
'avy decrease, 80 per cent. compared
It'll last year in exports, M the de-
in May thus far is about 20 per
mt. On the other hand the imports
r May Increase less than 2 per cent.
consequence the government rev.
ne has materially decreased. the ex-
IS of expenditures over receipts for
9 month thus far being So, 53e,G-7.
failures for the week
ding May o show liabilities Of So
1872. OF which 81. OO6, 600 were Of
and s.. OO2, roo Of trad
: concerns. For the corresponding
last year the liabilities were
93T, 53s, of which only $751;
were of manufacturing and
922 OF trading concerns. In the
} weeks ending May ? the aggregate
liabilities was S11, 070. 4so. against
$50, 467 for the same week last year.
'ailures during the past week have
N 211 in the United States, against
last year, and "a in Canada, against
asst year.