The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1897-01-29
DuN's COMMERCIAL REVIEW

More business reported. Though No, :.
BETTER Prices Market for s.cu,,,,'
stronger IN. Movement la Grain
S"lt"n~lh" Wooden Industry sim, -
Ever tnuscs Winch Iteiard iin~.u.,.
Iron Failures.
NEW YORK. Jan. 23.-R. g.. Dun 4
Co. say ia their weekly review oftr,,a'
There is more business, though M,
Mt better prices. 1t is interesting th.,
almost all prices which change N ali
are lower than "A week ago,and vet bn.j.
ness is unquestionably larger. Thereis
larger production, but as yet not Il.
much increase In consumption AM
there is larger buying OF materials
but at present only because better
prices are expected in the future
few conspicuous failures during the
week have had no material influence
The market for securities is slightlv
stronger, and yet there is very litue
doing. The number of hands en-.
ployed, all industries considered is
slightly larger than "A week ago, with.
out adverse change in the rate II
wages. All apprehension Of forei-ndi,.
turbance OF money market, has
passed away, but there Is still great
caution in making loans II j. a mis-.
take to reckon these as symptoms Of
depression. On the contrary, ia snite
of the lower range of prices ID I'M
portant industries, the conditions AN
indicate larger prod and con
sumption increasing, not as yet large
ly. but steadily.
The earnings Of railroads Ia lanu.
AIRY have been "A per cent smaller
than last year.
Wheat, corn and cotton exports are
the key of the financial situation, ana
during the last week wheat has de.
clined threc-ei- hths and corn i've
eighths of cent, while cotton is IN
changed he western receipts u
wheat are still small, ISL 900 bushels
less than a year ago, and for taree
weeks of January i,5l9.7l9 bushels,
against 7,6O6,07J last year; but lAe
Atlantic exports, flour included, We're
1854, ia bushels for the week, against
2,36G i5l last year, and in three weeks
OF January have been 5,Ol9, OBJ bushels,
against $3.50, Gis last year.
The wooden industry is as sio.. as
ever, and no real improvement ap.
pears in the demand for goods, a.
though, owing To the latencss 81 the
season, there is little more doing, both
in spring and winter goods. without
quota bic change IN prices. The heavy
buying of wool mentioned last week
has continued, and is understood TO-
f..f l.. ,.f u
the sales at Boston alone having
amounted to IL, $50 900 pounds, Quo
sations have not changed as yell al-
though western holders are quite stiif.
In the minor metals stronger tone
is general The iron industry is en-
gagged in settling relative prices and
the slow operation retards business IN
many branches. since the future 81
prices is uncertain. Bessemcr pig is a
tribe lower at $40. 80 at Pittsburgh.
and gray forge at 50 40, though no
further decline has occurred IN east
ern markets. or at Chicago. But the
competition of new concerns tempted
to manufacture nails by the high
prices recently maintained, causes
slightly lower sales of wire nails at
81 80. aud Of cut nails at Sl.25
The bar association has been IN ses-
sion to consider the reduction OF steel
bars to one cent. and in large con-
tracts even lower, and the billet assoc
/ citation has again been called together
To meet on the 29th although there Is
no prospect Of its reorganization, ana
billets are selling at 1925 at Pitts
burgh.
The increase in manufacturing y
perhaps more definitely shown IMAM
in any other way by the production Of
coke, which steadily increases s'lsl
ovens being in blast. against sl'a
idle, and the weeks output lOo,s'p
tons, is over double the output Of Octo'
Der.
Failures for the week have been i0s
in the United States, against 375 last
year, and % in Canada, against 81 .ast
years.