The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-05-25

Wall street took a much more cceserya
tive view of stories of damage toTWheA
and corn from frost than did boards 10
trade and some other bodies, fog II sthl
loss in cereal products reporteQ were re
at least. would have shown it. ThI
main loss from frosts seems to hav'
been to fruit and vegetables. prices o
which are up again.
The free silver coinage craze appears t.
haye=eneeunterea many ugly FACTS, no,
tably the increase In The worlds pro
oatput-oftsiTvar,.aa the i7.hat aniyer
sal advance in prices of staple products
,de oyer more, than Tvs
include hides. shoes Heather, Bessemel
copper, zinc. wheat, indian corn. oats
naval stores, potatoes, poultry and butter
z In all. Against this record one finds
practically finn markets FOR prints. for
crease almost alone for petroleum.
The nj of the iron and steel market
is the strongest since the depression OF
in nearly al departmentss withsyoluntary
advances OF wages in many lines, and
quotations fer future delivery sharply
WORKING on cid orders and some refuse
to stock up, with raw. material, as pr-ees
at the interior are above q parity with
ttlQSS= AZ Lie IH w GSleTIlf-rfltN ;
are that manufacturers nay be short
ofSsuppties to meet fall contracts. st
Improvement in demand this week is
s sIsss re pem6eri oy pe aealsrs n b aragv; paia and
flour, wh.le other significant trade fea-
-tbres of the weeR@almost without excAp-
a s1as5,s II the ,, ssnding } SSs q 5oi,yeas
very general Improvement in mercantile
collections, a tendency on the part Of re-
~taslers principally vest to depart from
years, and as noteworthy as anything
else. the fact h at some of the larger
cities credits are net phnaedSs as freely,
'eiined to take cognfZanee of this in dis
improvement in demand and prices cen
Misn ehpoa ch besrOit 81 and t0aIs; Ri Fan Il
the west and northwest, and about
savannah. Augpsta Memphis and Cal
e eossf the grain sra so and fruit ere Crops, e the
'sa fnon seateh, the export trade In wheat
and other Ines are reported favorable
at San Francisco. Portland, Tacoma and
Seattle. South Dakota reports that the
loss of range cattle last winter wassnomi-i
maitland that prospects for this Industry
& Fhe Immense advance IN petroleum
prices. has SO far failed to induce any;
large increase. in the well output, thus
pointing to approaching exhaustion Of
the Appalachian region conspmption is
still larger than production. The stock
Of ohio oil is still large, but it Is slowly.
Ike. higher than January i. 1885. and lc.
higher than April !, but only 1-16c, higher
than q year ago Against trade estimates
e es,s a. ye least aba I2oo9 Zee ,ee9 f bales IS smaller "a bel y eenl
ossr East tie year sase of s sa 90 ba sisse's On s1p TIE
other hand. trade prospects are infinitely
better than a year ago.
Bank ClEaTipgS this week.
81 LIP. 094, 600, maintain the previous
large volume although showing de-
gai nj ithi ser week seae IIon the eas Week Mse in
1894 Is fully 80 per cent, over that II.
1898. year Of panic, IS per cent, and
over that ~ 1892. a period Of fairly
faiinres .3hTough;out the psr country uaiRr have Sc.
gun to fall away In line with conditions
described amounting to only 206 this
a year ago. and 247 two years ago.
III h week In 1892 the total was only
From r. q. Dun & Go's.Weekly Review
If .wheathas been so greatly injured
rise OF u cents in two. weeks
is justified. the calamity will affect all
business pnospeets The markets DC not
hides still rise, and 10 holders
Of wheat would sell at so CENTS, lower.
Ias sen than lar tb has bears Sesn bn9Tn 70 a isss thi E
Current reports were credited. Some in
has undoubtedly been sustained. but.
.nr gym despatehes o. the raa, next ss rI Pags
The fact is that relief from anxiety, and
the abundance and cheapnesss of money
for which industry and legitimate trade
excited the Speculative spirit beyond all
The hot fever will have moth
||ng to 90 Viii With rd SeidS Iaet ssi bhe re eemfPer
fnents, in the faith la prices are sure
to rise excitement In wheat, with;
5a s11iab in 6 sn ! day n abo Gfie tbres ai fimee ef t iyeI
vheat there is in the country, and a re-
lewed frenzy in cotton. with sales in.
.poeF Gays E Am nsfssaihf fo sios Sn TIE f yls |
-ise in stocks. In oil, and in hides and
at once a recognition of real im-s
in business. and a ena to-
western receipts Of wheat for three
weeks have been larger than last year
a practically stopped buying for
export, as the similar rise did in April,
1881. which was followed by about the
price then E known. Whether
foreign markets will take early occasion
to fortify themselves from other sources.
The weeks sales here have amounted
dar1age by frost and byuinsects are Sc
mixed up that some trades infer the bugs
must wear oyercoats. s45f 4
- fIxcfCm6nl& lids p66H QlV6TleQ ITOiiis
stocks and london has been buying
but little, while current crop news dds
not help trunk lines or Changers, the
terms of Northern Pacific reorganization
do not help low priced stocks, nor does
the loss of fruit crops help sugar, Yet:
The average. decline. was only 30 cts, per-
for railroads and 16 cts. for Trusts.
Reports of railroad experts maintain that
The injury to crops has been. greatly ex-
aggerated. Actual earnings for the first
hall of May are As per cent larger thans
asst year. but 1872 per cent less -thans
IN 1888 50 Last year the coal strike cut.
wn earnings Chicago east. bound
shipments for three weeks haVe been
i37, 539 tons, against IS,176 last year.. and
f63, 269 in 1893, but West bound TONNAGE
IS larger than last. year. Exchange tn-l
clude. enormous speculative Transactions
ind for the month are 28.6 per cent
larger than last year, but SO per cent
in 1893, when with MANY banks
8as sudden fall comes hither I'M
amounts from the West, while the
demand for commercial loans Is rather
short.sna Hfa@sH9 .HesG.sAu A /.
Purchases OF dry goods, In belief that
prices must rise, have kept textile mills
fairly busy, but the deman for cottonss
GEMS Stacker ON the; whole, and print Il
cloths are a sixteenth weaker. There
is no Improvement in demand for. WOOL
lens, and strikes do not abafe. A list
covering 1900 hands IS published OF works.
that Have advanced wages. but The wool !
ZEN mills in 1890 employed 100000 hands.
e- & ri
MTG