The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1897-03-06

have struck, and the Lake iron mines are
quite generally reducing wages, no agree
ment tor the coming year as to prices
OF ore having been reached, but the aggre-
gate force employed in all industries has
sun somewhat increased. There is a bet
Ter Gemand for most products on the
Whofe, with continuance of speculative
puylng IN some, notably in wool, because
OF expected duties. Meanwhile money
markets continue as easy and undisturbed
az II there had never been anxiety about
me goid reserve, and fairly large sales
OF stocks on London account during the
week, possibly because of nternafional
aenxieties: nave no more perceptible diff
ference in American markets. An ex-
Iended review of building IN New York
LOT seven years discloses strong reasons
NJ commence In the real estate market.
branches of business shows a sl;ybtJIyy
iaIs9r average of liabilities in manufaet1r-
t ~ prdhches than in previous years. but
rhere is abundant evidence of tbe ,re,o;it
ing caution in purchases in the fact tba+
ties. uceiedseu llaDfll-
account of change ait Washirston bneA b o1
airy reasonable excuse. The avaraoa 80
Runway stocks has declined a dttle wifi
feailzlng, after having advanced over si TX
ps1 sildfe' ana the average of trust stocks
alter an advance of SLIP per share Tba
reports of earnings are NOT very fayor-
anie, ana nevertheless show that for foI,r
weeks OF February an increase mnar rod
VIII Idse year OF "A per cent, and a de-
crease of only 1915 per cent. from 1902 IN
some of the Granger roads quite 1,nfav-
orable returns nave been made. blrt tba
general volume of traffic has been large
aiu uhe chicago east-bound shipments
larger than in any week for Eehr1la ~
Inc west bound traffic is light. but i'm.
proving Payments through clearing
houses for the first few lays of March
snow a decrease of As per cent. COMPARED
with last ear.
RepOrfS of nrohahJo ,mooae $780,.
heIped speculation in wheat somewhat
put 1t has risen about 8 cents, though the
price Is stim lower than two weeks ago
ooHn IS a cent stronger, aboue~the price
OF W weeks ago. Western receipts of
wheat are still small, 1851 21 bushels
against 2,301 633 last year, and the Allan
TIC exports. flour included, We're for the
week l,252,4l2 bushels against 1.51, 1856 last
year. put the corn exports continue so
heavy as to compensate largely, if not
wholly, for any decrease in wheat
amounting for the week to 2.779. 974 bush,
els, Gulf ports not included, against 1,O4l.-
800 last year.
While many of the mills have STONED
production of cotton goods for a time. the
general. outlook is on the whole mn
changed and the demand for goods does
shade lower. The demand for wool has
diminished, though only a little. and
safes are quite a third more than the
auli consumption of all mills, if all were
~ speculative OQYlnQ c0n-
tinues, and at the three chief markets
m I'VE weeks has covered 46, 216, 700 pounds
against 2S,677 400 in the same weeks of
1872. Western holders are too stiff for
eastern purchasers, n the buyine Of
domestic wool has slackened, The boot
and shoe industry can reckon a good
many more shops at work, and
nave. been as large for the past fo,,r
weeks as in any previous year. 3S5 III
cases against S16,9 1913 last year and 3Ss 3o5
m me same weeks of 1896, but the pre-
ponderance of cheap women's goods must
tsuuce the value of products
Failures elsewhere compared bv
o raa ! OF business show but slight in
crease over those of 1896 or 1895 ana Int
i1ttIe decrease with 1894. There
IS rather more increase in iron and ma
chinery failures than in other bran cha
aare,a le;a ar Of special interest is the con-
crease in liabilities of trading fa;l,,res ~ s,
trasfsd every m'tS branch Of business. CON
sles Of manufacturing f~ailures Fai1,Yrns
s s1a tne week have Z been 24s in the United
canada against 6S last wear. - Al