The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-02-28
ouN's TRADE REVIEW.

The Restoration of the Treasury f,e.erv
aud the kise in iionds >trcng thrns pub
lie Confidence without An, Appar-n
Disposition to Ixpand business Price
OF commodities AZ whole at the low
est Average Ever known.
NEW loaK, Feb dun & Co. IN
their weekly review Of trade thi.
morning say:
Liabilities in failures during The
first two weeks of February wer.
Ss.ds0.393. against $3.50 s6 last vear
Manufacturing liabilities were Sd Is3..
$50. against Sl,19s,3l9 last year. while
trading wer, 81. si..OJ3. against s.. AR.
Oi9 last year Failures for the wecl,
have been ESQ in the United States
against Jos last year, and GO in Canada
against 30 last year
The restoration 81 the treasury re-.
serve has been effected with remark
ably little monetary disturbance. The
rapid rise in the price of bonds
strengthens public confidence. PROMPT
action IN the house on the silver bin
mas helped 10 increase foreign conf
dcnce in American securities. In no
complete branch or business il there
yet apparent much disposition TO e.-
pand Prices ot commodities as n
whole are now at the lowest average
ever known. though only onr-half Of
one per cent. below the average d;
September 3. 1895
hides, leather and their products.
textile goods and IRON products have
declined much since that date. and
meats are also lower.
Receipts of wheat continue heavy and
deprcss prices, February delivery IL
- = although what is nominally called
cash price is "a cents higher. Corn
Is one cent lower Tor cash. western re-
ceipts having been large. Cotton
again declined a quarter cent. with large
realizing. reported sales aggrcpating
a million bales for the week. Specuia.
1--WE estimates are pcrsistentlv re-
peatec, but receipts do not favor them.
nor Is actuaal consumption enconrar-
ing as declining prices OF good, show
In almost all manufactured products
aeciine continues, though in some
classes quotations are SO irregular that
the change cannot be accurately meas
nrcd. Bessemcr pig iron and grey
forged are shade lower at Pittsburgh.
and structural beams and products are
comparatively small and some fur
laces III that region have been banked
Textile manufacturers fail as vet To
meet the demand expected and prices
are generally weak, open reductions
averaging two per cent. for cotton
goods ana since January /. about
line per cent. Dress goods and blank
is are in fair demand. but mems wool
ms are inactive. and actual transac-
IONS are IN many eases five to ten
ents below open quotations. Salesof
'ool for the week were 20 per cent.
mailer than last year. Prices do not ,
eclinc, as the foreign market remains
trong.
The volume of domestic trade re- ,
ected by clearings is 33.7 per cent. !
irger than last year. Railroad earn !
igs In February thus far are 1876 Der .
emit. larger than last year stocks :
'eaAened until Thursday. but then )
dvanced and closed about eighteen
'nts Per share higher for railroads. J.
Exports Of products in two weeks Of
ebruary have been seven per cent. I
rger than last year, with prospects |,
increase in grain. though cotton b
lis are growing fewer. The imports I,
Longer show the increase formerly
'servcd. but for two weeks have been
> per cent larger than last year