The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-03-29
OuN's TRADE REVIEW.

4
NEW York. March 2S--R. q. Dun &
Co.'S weekly review Of trade, issu.dto.
day. says:
Indications OF improvement in busi.
ness grow more distinct. The m..,
obfrusive OF them. the speculative Al.
vance in cotton and in stocks. j. H..
least reliable, nor can either OF the,.
be said To refiec, actual improvem.n,
in business conditions. Railroad earn.
ings are scarcely better, and the spec
ulation Is largely based on expectation
OF more effective monopoly on coal
and some other products. London was
buying largely. but is as likely To Sell
on any rise. Cotton does not rise he.
cause there is more dema nd for goods
but there is more demand for goods h,..
cause cotton is dearer
More valuable indications are ,ha,
the volume Of domestic trade gains a
little, money is in much better l-giti-
mate demand. and the force Of hands
at work gradually increases in som.
Industries. and in Others is restricted
only 10y strikes. which are presumably
temporary. The threatened strike ~
coke workers has been avoided iv an
advance Of - per cent in wages. and
the strike in building trades here. has
been ended, the men returning To
work
The rise in cotton 10 63l cents sin
seems To have scarcely any contact
with the facts of demand and supply.
but had very substantial basis. never
theless, II. as some maintain. more
cotton had been sold in this country
Tor future delivery than could be pro-
duced here until another crop comes
American stocks were last FRIDAY
i,Si5.o2s bales. against l.i54.-OD ,a,,
year, with the general expectation
that something over 100000 bales will
yet come forward, while foreign
stocks of American are 600. 900 bale,
greater than al date after the great
crop If issl. Receipts continue large
and the movement has really no other
OASIS than belief that the next crop
will be small
The rise in wheat. which started
with the report of wheat in farmers
hands has been followed by reaction.
50 that prices are lower than they were
prior To that report. having fallen y.
cents for the week Western recein,s
are i,9ss,als bushels. against i.6sa. 3si
last year. aud for three weeks w.re
practically equal 10 last years. while
Atlantic exports are small Corn has
not followed. but after "a rise to SIS.
holds the price II a week ago. receipts
being about n third Of last wears and
exports insignificant. Pork has de-
clined p cents per barrel. and lard 10
cents per 100 pounds
The advance in wages Of coke work
ers raises the cost Of fuel for a lary.
Of the iron manufacturers
but as yet does not affect prices Of iron
or it, products. a no increase in de-
mand appears. Possibly ii is hoped
tina, larger buying will soon be
prompted by the idea that pig and all
products Will be rendered more costly.
though the large excess Of production
and producing capacity stands in the
way. One sale of 10000 tons steel
rails; one cast pipe contract for 1900
tons, AMI a bridge and five building
contracts aggregaiing nearly 5000
tons. are reported this week: but pig
ron Is weak without change both al
ne east and at Pittsburgh. and no
change OF consequence il noted in the
demand for finished products.
Lead is veal, er. with heavy sales.
800 tons % domestic. and 500 to for
ign takers at 3.Oj to cents: Int
arge sales of tin plate are reported.
With prices shade stronger
Shipments Of boots and shoes from
ioston for three weeks have been a49.-
= cases. against au.. s0e last year and
i8,lV9 in l~..i. and some important or
ers at the advance in prices have
tarted several other establishments
I about half their ca pacity.
Tie rise in cotton has stimulated
uying ~ cotton and given confidence
, agents Heavy transactions and
)mc advances in price appear in
Duthcrn coarse goods. but not as yet
the finer. Strikes in textile mills
row more numerous. especially in
oolen mills. which have orders
nough to run full time. operatives
pparently assuming that there must
. realizing profits: but margins are
scanty that advance in wages i for
ost works impossible
Sales Of wool gradually decrease.
nj for the week are smaller shan last
ar. 4,i14.g0o pounds. against s.33s.-
2. For the three weeks Of March.
les indicate abou. 20 per cent. Of
II consumption.
The volume Of business through the
.aringhouses gains little. being
] per cent. larger than last year for
e week. but -. per cent. less than
1893. Most of the increase is at
w York. and here and elsewhere
rtly due 10 active speculation.
Liabilities in failures for the first
o weeks Of March were. for the first
ne in more than n year. larger than
ear ago. s-.372. al. against si.s35.-
last year. s4.6.2. So being ~ manu-
turing concerns. against ce.330.25-
4 year. and s..G7i.al7 OF trading
lcerns agains: Se,iff.Oss last year.
I collections are on the whole re-
tied quite satisfactory.
failures during the past week have
m rs I'M the United states. against