The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1897-07-09
DuN'S COMMERCIAL REVIEW.
Midsummer Vacations and the Closing Of
Works Cause AN Apparent Falling or
In the Volume OF business Done Which
10 Not Real The Outlook ia livery Way
Better and brighter.

/ bettsr anu brighter.
NEW York. July sc. II. Dun a
Co 5 weekly review of trade says:
Midsummer vacations have com
menced in many works with the de-
crease of orders usual at this season
This customary vacation is called 4
strike where agreements regarding
wages for the coming year have not
been reached. and the extensive strike
OF amalgamated iron workers. an.
nounced July /. is of this nature: but
the strike % coal miners in Illinois
and other central western states is
not. and may prove costly.
In some iron and cotton works wage1
have been reduced owing to low prices.
one cotton mill in Virginia closing be-
cause reduction WAS not accepted.
With better demand the employers
will seek agreement, and in its alb
sence the workers before long. SO that
the situation is distinctly of a mid
summer character. Large hopes are
built on prospective demand after the
tariff bill has passed, but the pressure
in the market of large importing 5 ocl<s
may defer it. The general belief is
that removal of uncertainty will, in
any case, increase business.
Since much of the future depends on
crops the brigh tening prospects are of
the highest Importance. Estimates by
persons usually most pessimistic now
far exceed any made month ago, one
promising $50, 900, 600 bushels of wheat,
with lower conditions but largely in
creased acreage of corn.
Cotton prospects are brighter as the
crop appears to be early rather than
late in regions which were not flooded.
The movement of wheat is small.
western receipts for the week 1850, 779
bushels against 2,04l. 40 last year and
Atlantic exports 206l,sl3. -four in
Guided. against /. 1872, ls2 last year. but
a strong effort To lift prices failed and
The close is ~ cents lower for the week
with corn half cent lower Cotton
rose an eighth with small sales
The iron and steel industry halts at
although the demand for
finished products still increases, and
disappointment is due only to the fact
that the increase is not yet enough To
keep all mills at work, and thus to
bring better prices, which now average
slightly lower than ever before. though
not one per cent. lower than those of
March, 1895.
The export trade is increasing and a
arge order for India has just been
aiken at price said to be S. below
British bids.
Coke production is in creasing again
IS more iron furnaces are going into
'last, and an addition OF % cents has
'een ordered in anthracite coal
Tin is higher at sls.Ol with .arge
assumption and copper at 1914 for
AXE with heavy exports. while lead /
las advanced to $40 cents. American
makers are selling tin plate largely at
$40 for full weight, against $3.50 for
oreign.
Textile manufacturers are waiting,
nd cotton mills curtailing production
With large stocks on hand. and prices \
carcely changed. while wooden mills
re gradually increasing work with
etter orders, and prices incline to ad-
ance shade. Enormous buying of
Fooi, 256, 100000 pounds this year,
gainst 102, 1000, 900 last year, reflects
peculation mainly. and some large
DTS have been sold three TO five times
ince arrival.
Prices are somewhat stronger at sea-
oard markets, and SO high in the in
erior that dealings in domestic are re-
tricted. for two months 81 600. 600
ounds, against %, 600 900 pounds for
ign.
Failures for the week have been 24l
a the United States. against PSI last
ear. and 80 in Canada, against % last
ear.