The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-06-06
The BUSINESS OUTLOOK.
From R. G. Dun & Co.'s weekly Re.
view.")

tFroM n. Z. Dun & Co.'S Weekly Re-
view.')
1t is highly suggestive that. with as
little help as there is now from new bust
ness, markets are so nearly maintained.
summer IS close at hand. and with new
crops promising well and cid stocks
large, it is no wonder that the farm pro-
ducts are cheap. The factories and mills
are st1ll waiting for the rush of business
seen last year, and in spite of narrow
orders at present, are generally holding
on With much confidence. 1t is so late
that gold exports no longer alarm, for
the date of expected return draws near.
The certain defeat of the bond-prohibiting
Dill has deprived it's passage by the
Senate Of hurtful influence. The opinion
is to be expected after the conventions
have been held. and the safety and
suficiency of crops have been assured
Low prices at this season affect farmers
very little, but the Spectators who have
bought from them for a rise. Decline in
wheat and cotton has helped marketing
the surplus, SO that exports lave been
more liberal. Estimates entitled 10 most
2 onnde n point to a probable yield OF
S9e, o9o, 600 bus bushels s.. wheat, Which with the
danger of oppressive charges for bread
stuffs, at the same time giving producers
a fair return. Estimates of cotton acre
age by the best authorities indicate a
crop of ten million bales If weather is
favorable, and the surplus from past crops
large enough to prevent any harmful rise.
as a yield exceeding the maximum worlds
of American would probably
cause some decline. The movement of cat
tie at the West is very heavy, at Chicago
~ per cent. greater than last year thus
far, and lard makes d new low record,
With enormous stocks ccumulated. Even
fair crops will mean better business for
railroads., which report earnings for Nav
thus far only 2.6 per cent, more than last
year, but S.3 per cent less than in 1893.
Government revenue in May was disap-
pointing, although the deficit was NOT
larger than in other months, and was
m inlN dlln Tn chpinka oa in ,n,-+r - fo.
eign goods, which were 10 per cent. less
at New York than last year, while exports
were IA per cent. larger than last year.
These changes promise smaller balances
to be settled by gold shipments, and with
good crops another month will bring a
better financial outlook. Excitement re-
| large receipts of currency from the in
terror prevent any stringency here, while
commercial loans are remarkably small.
chiefly because offerings Of good paper
are small.
Failures in May were smaller than in
any other month this year because manu-
| featuring failures were smaller, not
| w-ftl1standing heavy average liabilities in
E MACHINERY; rrad Woels fsaSIiurese h Mgre asp,pa ana
| lively large, being swelled by a few heavy
concerns in dry gssns gro Saf & n 1msny
other trades the gain was Encouraging.
| Failures for the week were 234 in the
20 in Canada against 2 last year.
From Bradstreet's Estate of Trade"
General trade continues depressed in all
| most ali lines. Demand is smaller than a
| of eon16erciai paper have decreased. Mer-
| camille collections continue complained
| of, and the tendency of prices, particularly
odtt esre and e soaari goods. and iron and
steel continues .dowpward
May bank clearings, 1895, are heavily
reduced, rejecting the qqietness in trade
and snpcl1latiou They show not only a