The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-09-21
THE BUSINESS OUTLOOK.

States shows further Improvement in
particularly in manufacturing and com
mercral lines at the East and West.
From the Central Western and some
Western States, notably Iowa, there
are advices that purchases OF season
able goods have been checked this week
because OF high temperature throughout
the region specified, but in the SouSh Az
lantic, Gulf and Southwestern States,
and on the Pacific coast, general lraus
has been Increasing in volume Win
improving mercantile COLLECTIONS as q
rule, and goods selling with less efrott
in many instances.
In support of favorable Influencing
conditions are this weeks heavily m
creased total of bank clearings, tne
largest weeks aggregate OF wheat eA-
ports within three months. the hesvlest
weeks shipments of Indian corn IN sew
enteen months, the maintenance OF Iutl
proportions of sthe extraordlnar1ly neavs
demand for iron and steel, ana the sasr
n If1caRs hardening OF leadlng uLoHsy
1n9rkefs accompanied by reports OF IN
| creastng mercantile discounts.
Stock speculation has responded 70 one re
| Seclining tendency in foreign ~eXchanSe
and shows renewed actitity and strength.
The Improvement in prices IS most no
ticeable in leading i IN nra fa5li6 Sn9if fh,oaeh
| the rise has broadened the market con
| siderabiy. Gold shipments for the week
Of consequence are announced for today.
The supply of commercial bnlS mas IN,
proved. and syndicate houses nay SOY
! f0HN u
| of money. demand sterling declining 70
4.S9A on Thursday. At the close OF the
week rates are a M ntTle hf IS MOVING vi su to
the west and south in connection with
| h crop movement. The surplus reserye
81 the NewYors banks snash decT 1srge decrease Se,yse:use
is expected today. Call loans We're gen.
orally marked up on Monday to 3Hs per
s slso ea of sterlin asnq bihs. g SYssia decline
in exchange and hardening ofimoney are
| criticised as partly m~anipulative, but the
| policy appears to afford protect1on 10
the Treasury gold reserve. which is un-
der sos. o0O. ooo. though the . 81 Ir Teaf Try MS IS
fers of currency to interior points.
Ban clearings from r cirle tS.s as w tels-
| have jumped above the billion dollar
marks, 0S2, 0oo. 900. This is a gain of 10
per cent. over last week, 20 per. ceat.
| more than in the. SECOND week of Sep
| TENDER, 1894, nearly SO per cent. larger
| than in the like week after the panic IN
| 1898, and only % per cent; less tnan IN
less than in 1881, when trade was of
| heavy volume. Some of the heaviest IN,
| creases in clearfngs this week compared
with a year ago are those at Atlanta, ss
per cent: Milwaukee, So; New York, %;
| New Orleans, %; Boston. Cleveland and
Pittsburgh, each "a; st. Louis. 8, and
Price tendencies this week are more
favorable from the point of view OF the
| holder. advances having been recoruso
in wheat, corn ;a and be oats' ea aaler raw and
\ cotton goods and print cloths, IN sole
leather and - nrpegb5int 5 ;eu Week for not cot
| ton, wool, lumber, hogs and laGa, VINE
decreases among prices for leao1ng sta
pies are noted for : eat ina,,ir sne by Brad
| streets into prices for more tnan lo ssa5
| Die products show that in the secon9
quarter OF . the caFr in quotations Citations for S.,
| no change for II, and lower prices reaeh-
Food products constitute one-third of
+ha entipe list one-half of which were
| iower on July / than April l this year;
there was division, too, among cnemicais
and building materials Is, %t but mshg metals.
cctbemicals. leather, oils and several
snecial articles, showed sharp
Wheat exports, both coast u ~ ooa
5ushe1s this week (four included, as
W 1gsssis Ia gain Of one-third over last
week, but in contrast mt a75 Tl5S s bSsSels 0f two
v Years ago. and 3,711,oeo bushels in the
ike week in 1892. New York, Montreal
and the Pacific coast shipped more Iree-
esregate 1.6o5, 900 bushels this week, twice
what was sent out last week a Inucn
larger quantity than in Ike weeks IN
p wseK.g Total y Since April, 1894.
Among the special trade features Of
the week are the. increased de man f fSs
check in the demand for crude; increass
ed activity among manufacturers OF
clothing and s cheaper dema IMAGES for d ars le goods !
nsra~ n~narSeniariy Chicago and St.
Louis. It should also g7b,s be no nrod, {aS5e
will be eurtailed. demand for shoes
among manufacturers is slower IN start
for iehfweigh domestic woolens has
been only from one-third to one-haif, or
an average, owing to low prices asseo
ing 10 per cent. on spring samples of inn
ported plain woolens and rs per cent. ad-
Moines are that trade is di~sappointingly
| dull. collections poor. money tight, ana
that farmers are holding their crops,
favorable. Savannah, Jacksonville ana
birmingham, at the south report visible
Improvement in general rade; and doa as
locally on the PACIFIC coast Palouse
wheat has been much hurt by the rain.
Flour is going to the Orient by the cargo.
as is general merchadise to Central
America. -
fFrom r. G. Dun & Co.'S Weekly Re-
view.)
Movements of exchange and of gold
nave somewhat affected all markets this
week. Exchange has fallen, though not
hecause commercial bills have greatly
Increased. and exports of specie, though
diminished, will reach about 81, 100000. 1t
is confidently believed that the inter.
national syndicate will allow no financial
disorder. and many are certain that an
issue of bonds will come. But the root
of difficulty is not removable by bank
ers. namely, that merchandise exports
d~isappoint government and the syndicate
falling to meet the cost of merchandise
inperted. and leaving a heavy balance
ia he maid abroad. August imports ex-
ceaded exports by SIS, 2S2, 729, and net ex-
norris of gold were SIS. 159, 1872. A small
cotton crop with large stocks held
abroad. a slender demand for Atlantic
wheat with Russian arriving in London
IN large quantities, and mercha ndise ex-
ports and imports at New YORK ~ per
cent. larger than last year in September
change. The volume of domestic trade
measured by exchanges. 20 per cent.
Greater than hast year, but 98 per cent
less than in 1892, is not quite as near the
record of full prosperity for September
as for August or July.
In spite of gold exports wheat adj
vanced for some days, in all nenarly
cts. mainly because a singular specula'
tor bought but on Friday fell about ] ct
Corn rose and fell in sympathy with
wheat, with as little reason. Wesferr
TENDER have been 1e, 7sl,66 bushels
AGAINST 16, 4s1 500 last year. while. Allan
year. tic exports, hrdlu hrywfulpdmcn
tic exports, Hour included, have beer
I Oh asa bushels, against 1881 1856 las
wear. Good reports of foreign crops
weakuess of flour in Minnesota, ani
large exports Of corn fromthis countr,