The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-02-15
THE BUSINESS OUTLOOK.

THE BUSINESS OUTLOOK.
From r. g. Dun 3 Co.'s Weekly Re-
view.l
The weather still binders business. and
gohtinueo closeness of money, and pro-
lonSed inaction of Congress. but conf
oence Increases. The Treasury has been
PACED on e safe basis for a time, the
moved, ana foreign nations have been
,inpressed py the spirit and owe of the
PPepp99sses a Tsp grlt, II the purchases Of
ally. assures peace with regard to Vene-
2ue.a, apprehensions of other for
e.sn qifhcultles distinctly lessen. There
iactured products. Exports improve with
Welding prices of staples, and for the
" Me osr from New York exceed last years
70 per cent. January exports of the
principal products increase except for
sest e, az asa "a were we in value. $50: 7s7. lss.
seains eom n.y. .s@ last year; censidsrable
europe seeing hat capital here best
understands what the talk about silver
warrant larger investments in STOCKS
man nave yet appeared. Hope has there
fore much. to encourage 1t.
w ahs Of pig iron. 1855 tons
thar January :, and Sc per cent. less
than November /, while the nnsoid stocks
increased sS,lSs tons in January. showing
an output much exceeding the present
demand, and moreover larger stocks
tnan Tor a long time are carried by the
great steel v,orss. Pig iron at tbs East
ern competition continuing at prices so
low that several Alabama furnaces have
stoppea. nut Besserf1er is q shade lower
at P.ttsburg. The demand for plates.
sheets and wire MATS continues fairly
good. and there are more orders for
railroad cars and bar iron at Chicago.
h17f ~ = nz~ 80 A-E - - H.
the demand for finished product keeps
but about 20 per cent. Of the capacity
Textile work shows little change.
though the cut in print cloths to as
cents and general concessions in brown
and bieached staples, averaging for the
w srv li igag quoted 6 per cent SINCE Janu-
Known accumulation of goods ahead of
demand has hindered Many mills are
reporting great profits last year from
larger crop his year does NOT promise
re,ps Of s 9 gains. Though goods
i S.yl aS noInt : ~, yed per as cent cot above their heir
Sales Of wool have been small for two
weeks q ,s February s,sso. goo pounds.
1893, but higher prices abroad. sustained
by heavy shipments of goods to this
country, incline holders of wool here to
turers have the more difficulty in meet
ing competition. Many cancellations of
orders for clay worsteds and mixtures
Cloth.ers who have still to. carry large
unsold stocks of dealers. as well as their
own. defer orders.
Produce markets tend downward,
mainly because. supplies exceed expecta-
tons. Wheat has declined q ct, with
Western receipts s,e22; soe bushes against
for.two weeks have been only s.6ss. 1s5
bushels against 2,721.5H last year. Corn
is a shade lower, and both pork and lard
a little lower.
Stocks were first a little depressed by
heavy. realizing since the sale of bonds,
and the money market has not yet fully
per reas.s share eai lower. st tbourh hVs Tal1st y sf fsn{s
average s1.36 cents per share higher. The
business of railroads is large enough TO
i msntss from 1edssf ch nesas5s' 5s EaS't tons In sf fWo.
weeks against 131 1888 last year, and 49,
94S in 1898, show q sfheavy movement of
e Fs5ruar gar wers Il. s0r ne shs esn mist IL w TssT'
the best since September, showing 1913
Gent esn es isss 0y 'fhan last 1sS year Ld 5hgs5gh e Souggs sf
It sold. n value $4,000. A'''e wa
Money has grown easier, as settlements
for have progressed and shipments
Of $500, ooo gold from Europe have been
and there has been more ac-
t so1,,yo N e c I'm smsh 10 loans though the
49, NtAA Liz W liz oCaoOtis l. ~
increase was mostly In iron n steel
manufact1ring paper, which has been
taken at 8 per cent or over though at
change Is. lower, n the movement
hitherward from the country has nearly
farsesz. th Tns T ssa'5c5' 0so f bass SSt asn ar gold old
out for bond payments. Clearings for
the week. 10.4 per cent. larger thar last
wear are FL per cent less than IN 1899.
we're ss''s 4, eSs. s ssd. t asai hlsf x s $50. So Sc lass YEAR.
we're e s2 q 2ss against s79s.sis last wear
Sse2s.457 against 1884 ga last year and
81. 4o5. 5S5 In 1894. Failures for the week
have been S21 in the United States against
30 last year, and 81 in Canada against 81
last year
From Bradstreet's Estate Of Trade.")
Features Of the situation are those re-
stlting from unfavorable weather east
Of iron and stesl further Complaints By
wooden manufacturers, an outlook for more
IDLE, WOODEN machinery, 9 smaller total Of
ssn ,d;as Of IT, nigh v rates fer 1rf Loans no y II
government bond issue and restricted pro-
January gross railway earnings are very
encouraging, showing a larger percentage
OF gain than in any previous month but
fn + ref Ct e ass co yaass, sow With Saa ss.sis m eaTss
Of road. aggregate S7.s2s.1io, a gain Of
s11.S per cent. over January a year ago.
fenths Of / per cent. from January, 1884.
Among the favorable features are gains
IN the southwest. where improvement has
been iTnpeded: large increases by the,
granger and Pacific roads. and more nu-s
meruus large Increases and fewer de-
cfeases reported than for months past.
bull1sh 8 on broader PARTICIPATION and
renewed foreign buying. The London mar
ket shows more favor to Amerisan securi-
and the demonstration that the House Of
Representatives, win pass no silver legiS-