The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-12-11
DuN's COMMERCIAL Rev,sv

A Gratifying Reduction LA "a. >nm.n.
faiinrs- for tn. Month 81 ..N.u..
Abont Forty Per Cent. of tb. So.
her Aggregate Give. srpund a., IL,
Confidence 80 Gea.rsiy Expressed
NEw YORK. Dee. ar. q. Dsr
Co say to-day in their weekly row.
of trade:
The classified failures for N-cv.ml.
given to-day. show a gratifying r.s.l
tion compared with October. ANN
especially important as showing.
the peculiar disturbance dnrinr M,
presidential campaign, which sn,ll.s
failures $50. OOo. oon ia August ME-
September. did not prevent 4 lglg
return to monthly aggregate .~c.rs.i-
greater than that OF May. neiagli4
liabilities in eleven months have b.-,
slgs. s3s, 45y. against Slis.5s8. -0. AZ.
year. the increase being only SIi
OOO outside of those two months. b.,
this remaining increase OF only iun.,
cent was also IN part due to the alarm
during the campaign. The decline n.
failures Ia about forty per cent. "a ,A,
September aggregate gives ground
for the confidence So generally az.
pressed.
Ground for confidence is also found
in the Abandonment of TN "a Ill
largest combinations by which lie
iron industry has been retarded ana.
the possibility that tive others WlI u
abandoned. Such "A state ~ t4Incs
within a month after the election sar.
gcsts that these organizations. formed
when depressed business failed iosar
port all the works in existence. ars
not expected to survive a genera ne.
vival and ample demand for proluct,
The immed ate effect OF breaking
prices is to check buying of iron aae
steel products. but il Will soon e
seen about here prices are :
range. At present the base pr.c.
for wire nails Is sl.25. a-aus,
sl.J5 two weeks ago. with grclter e.
Iuction on small sizes because nes
cards reduced extra charges Beams
are selling at Si.35 against Sis tSo
weeks ago. The bar omhinatioa 8
still undersold by steel bars af IL
cents aud nothing is doing ia rails be-
cause the meeting shortly 10 be Aell
will settle whether any price Shall Be
fixed for the mex year. hesscms'
pig at Pittsburgh is lower at sl.s
and gray forge at slO. but there j
large demand for vessel plates, uot-
On foreign contracts and the AXES
several thousand cars have been or
iered and numerous new building
and bridges.
Minor metals are a shade stronger
The coke ombination has changed !.
method SO that contracts are ou
made below prices recently ruling
ant there IS some partition of consull
ers among the producing interest,"
Anthracite sells below the "i-ca
circular, but better demand Is 81
9ccied with revival in manufacturer
Wool manufacturing is waiting. a.
while more { are AT work. ~
new demand improves but little wii
favorable weather. Ia TIE COLI,
manufacture there is little chang
though goods are selling better. bu
with many added works. productit
exceeds present demand
The market for raw cotton IS wea.
With over :, 75r.O00 bales in sight
: December !. when the crop - usna-.
about half in sight. current estlns's'
) would leave only 3~.5OJ.oOO MR. .
come forward ia nine months, alisAe
argcst consumption ia mills dps, POI
advance price. other produce A-r'
xets have been weaker.
Wheat rose to the close -ast wees
: but gradually reacted and tf0s
sharply on Friday. closing IN. .o1e
Tor the week. The weeks business
/, - shown by the clearinghnase n
surns. was one per cent over .@'
6 ,rar aud the month Of November tAf-
4, Der cent. and III per cent. less TIA
1 1882. the comparison being the -
! Tor the past tive months.
z Failures for the week have been ?
n the United States. against 81 -
GEAR, aud in Canada IS, against s. ="
gear.