The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-12-18
puN.s COMMERCIAL REVIEW.
Prevailing Doubt About the Action 81
Congress and tho Approach OF the ii"h-
days Put ON Further Business tnth IN"
New Year. aud Leave Present CONDITIONS
sonew hat Unsatisfactory.

t,oprrc.. and the Approach OF the iioh-
days Put ON Further Business tnti IN"
New Year. aud Leave Present Conditions
Somewhat unsatisfactory
NEW YORK, Dec. r. R G.. Dun
Co. in their weekly review of trade,
say:
The approach of the holidays ana
doubt about the action of congress
put of further improvements unth
the new year. While industries have
gained in working forces, they are
waiting for commensurate gain in de-
mand, and, meanwhile, are trying To
clear away EN- barrassments which re-
strict them. Speculation Is hating
and timid THERE'S no sober-minded
fear OF foreign difficulty, but some
have succeeded in imagining that con-
gress might go so far beyond the pres
dents prudent message regarding
Cuba as To cnbroil this country with
Spain.
Money is in abundant supply, lend
ing In London continues, and there IS
nothing TO cause less activity IN gem
eral business except that the rush OF
orders deferred until after the election
has not been continued. The volume
OF business shown by clearings has
been for the week 50 per cent. smaller
than last year.
The wheat market was weakened
with less gloomy news from other
countries ANA larger western receipts'
though only 3,69l.3 bushels, against
6.O0g. 40l last year. Disappointment
about the break in prices may help to
increase receipts. Atlantic exports
were but 2,755,t bushels. flour In
Guided. and for two weeks have been
out 4,74s, ll6 bushels, against 4,l12, AS
last year. Pacific dispatches show
that exports continue very heavy, and
about SOC. 900 tons more are ayailap Die
from California. The market has de-
clined II. cents, and the decrease IN
demand for flour with high rail rates
has closed nearly all the Superior, Du-
luth and many of the Northwestern
mills.
Cotton has declined three-sixteenths
in pite of all the stories that the crop
has been nearly maHeted, and con-
tinues TO come forward steadily.
WIKI over 100000 bales in sight
there are estimates. based on govern
ment reports, that the yield is $780,
200 bales or less. which would leave
but 3. 500. 900 to come forward in eight
months and three weeks When the
official report first came there was a
rush of buyers; few minutes turned
the current aud a rapid decline fol-
lowed.
The iron output December ! was
l4e. rs tons weekly. against l24,0T7
November and 2i3, 10. year ago,
and unsold stocks reported were 81, s0l
tons smaller than November |, but
these do not include stocks of the big
steel companies.
Textile industries are working n
larger force than in October, but there
is not much evidence of larger de-
mand, and some kinds of goods are &C
cumulating. AS raw cotton is lower,
some Welding in prices OF staples IS
expected. and buying is, on that ac-
count. more restricted. a few qualities
of goods having slightly declined.
Print cloths are weak in tone, with
enormous stocks
Wooden goods are not in better de-
mand, and there is general indisposi-
ton to make commitments ahead.
Sales Of wool in two weeks, I4,37s, 900
pounds, against 10000 last year.
are this year largely between traders,
as the mills find at present little en-
enlargement TO buy, and London sales
are shade weaker Quotations are
not changed, though more frequent
concessions arc reported.
Failures for the week have been 3sC
in the United States, against 333 las
year. and As in Canada, against 81 las
year.