The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-08-17
Highest Of all in Leavenng Power.-Latess US, Govt Report
RW!Al.!I! RFs a@Rs
ABSOLUTELY PURE +
THE BUSINESS OUTLOOK.

than a week ago, though less so IN IN
dustrial than in commercial INES; As q
rule, leading manufacturing INDUSTRIES
are exceptionally busy for the season,
and it is worth adding that the ncfease
In output of demand and prices Tor IRON
| and steel still continues.
Continued strength in exchange and
the shipment of over s4.ooo,0W gota 10 .
Europe restricts speculative activity IN
pond syndicate has turned S3,OOO,OoO golu
into the Treasury and is in a posluon
to protect the gold reserves, however,
creates confidence on the part OF nolaeTs
of stocks, experimenting the, fayorapie
influence of the crop outlook. ProIes.
sional operators who sell stocks snorl
the market rallies with ease and pre-
| serves a strong undertone, the actual
fluctuations being unimportant.
Foreign exchange is strong at 4S0ha Ior
| demand sterling. Commercial. bills fail
| to appear in any quantity, and the mar
ket is partly supplied by the mercantile
has been the large demand for cables.
Demands on New York for money IN
connection with the crop movement de-
velop very slowly.
Gross and net railroad earnings re-
turns for the first half of the present
| wear show very satisfactory aggregate
g saaI a6 eyer rai iaos s Strikes 3 p pntIV Of financial
and Industrial depression and derange-
ment. The best showings in net earn
ings are made by the cen1 roads weS WHILE,
the onlv decreases noted are in the
| granger and southern roads. The total
gross earnings Of lao companles, optrass
| railroad mileage, aggregate S349, IVY re-, a
| gain over the first half of 1874 OF 80 per
cent while the net earnings nsy a cagts or
more than twice the proportion OF gam
in gross earnings. The above percentage
Of gain are in sharp r.. contrary fondI 300 W IN gross ess
! and net Of respectively 1854 ana ls.e per
cent.e1Asyear ago every group OF AI fran,
cab arailroads showed decreases sboW
actresses from 1894, and these are OF nm
7 tied extent oa bv
teh Many yih Ethe trade were surprissu y
afhe very ~unfavorable cotton crop IepoIt
| nv the Government. and the price OF cot
TN s5eeailv advanced. Steel billets have
also been marked up, as Wen as so fnr
| fai1r. oates. sugar, copper and wool nave
remained firm and unchanged, whiie ae,
| ciines are recorded by lndlan corn an Oh
Nv wheat, Notwithstanding the statls5i-
sal strength of the cereal IN every VI
| rection except exports. anortad
Tbere are 195 business failures reportSu
throughout the United States this Weeh,
with 200 last week, 2S4 IN lne
like week of August. 1894, f9 IN tne f i8r
! RESPONDING week during ~ p"h
an Ran dis eIearings for the week continue
TO hold remarkably well. the toIal sod aor
46a mast six business days being So94,
M onb & per cent less than, last week,
| hui Is per cent. more than the total -
| the corresponding week one yea Heak
% nar cent. more than the seeond Wees
y pa el,st fpanic period. 1893; but Il
ner cent. less than the like week M lo9a,
when general trade was OF large so4u
| and regarded as prosperous .,
Evnegts Of wheat (and flour and Wheal1
| fror, both coasts of the Uniteo oeatsS
have been slowly increasing for o ount
MesNoss %, zoo bushels against 1.550,0C busn-
e. e lrsea'o Week, a.sTa 900 bushels in the week
a year ago. s.12s,o GEO bushels s an n I tnsh sesoi IN
1872. on and wee, Week in ISL. Exports Of
wheat and fogr during : s o,,n Mee round ID
r number to u, Ooo.O 900 bushels. IN ene
,m.pSn nar;od one year ago the total ex.
norted was 10 non 600 bushels. w STas
~ ~ II Was "a Don, 900 bushels, in ls9a y, w 4
q, o OK 900 bushels and IN 1881 Ns'ow
bushels. -
zrou r g. Dun & Co.'S weekly
Review"
"a - helated. season: a frozen MAY
sci everything back. The heavy 9nsiW Ma,
WI I,ne was pushed into July. so ina
the midsummer decline. due in July eol net
in August. With this IN Tnln q ene = .Jmlv
~ hssr,,st rather more con~splcuons
ttban usual. Financial events are useh ~ ~
speculative markets to create aa%ppppttinued
l n EXDOTf IL So1d
his week, and while the syndicate naS e ue,
nnsited enough in the Treasury " mrw
the reserve intact. the impression s,oSM $3.50
tiia+ another sale of bonds may pe nnaauss
4 Exports are falling peioWsa am nm or 20
~ cont while imports show a sinai
s2wSearsa $50 of So per cent. GoverIlmeanee
t.aceinfs for half of August are $1,000
1egs than expenses. fIhe utSapth osieh
sfop ls ( PEI ssst Of q,,st Last s isssen Confidence
~ Ieeard to the future of trade. even
while some spectators gain BY men. 4
Badk1 of all doubts is the fact ina ho M
industries are doine better nan any ~ Mig
srnn August 1 was 10.525 IONS weekly, or
7e 5a5 by another report. in eldher cass
close to the largest output in 1898. !nouEl
e1,rnassed ISL IONS in the sprlng y
1892. Ursold stocks are saoss n, eohs bavine
made heavy purchases in van o.
needs. hut the actual consumptlon y
iarge. and prices rise in the face OF the
| increasing OUTPUT, - hoovv
md advances in cotton Goods to some
evtant check buying. while Fall River
SINNERS arc organizing for restoration
Of wages Maid before the panic. Moolsn
manufacturers find in their way laTes
saIes Of foreign goods at prices. which
nalSsa of5cia' Investigations. The i'm.
norts were 80. 600. 900 lbs. of cloth and
dress goods in the first half Of the year,
against 8.sao.00o last year. me : s oan so .,
e;gn this month. against 1~2,S70.650 do
,nestie and 1.6ne. 500 FOREIGN last yeaE anq
ii $50 BOP domestic ard 4.o66.5W foreEn u
1892. Indicate that domestic wool Is lSfss,
q cant higher than manufacturers fee
tabIe 10 paw Few strikes in wooden mlNS
onriir. but the carpet works about Phll-
adelphia are still idle.