The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1897-10-29
puN.s COMMERCIAL REVIEW


Succeeds tn. Heaviest buying is.i
known. Ia Which the kush for Orders
Went beyond Al Distr,butive Demand
Tn. Outlook Encouraging rh. Failures.
New YORK, Oct. DR.. Il. Dun *
Co.'s weekly review OF trade says in
its issue to-day:
After the heaviest buying ever known
in many branches during Septe mber
and the first half of October, il wa.
both natural and desirable that Il more
quiet period should give time for test
ing the size and temper OF retail trade
anu for distributing part of the enor-
nous quantities bought. Ia textile
good the rush of orders went far be-
yond all distributive demand in Au.
gust. and represented great replenish-
ment of stocks, and the similar rush
for goods has been corresponding
great in other lines during the past
two months
| In iron and steel and in boots and
shoes there was danger of IA specula-
tive. imitation in prices such a. was
| seen in 1875, but it has been avoided
apparently, for this season, by the
solid sense of leading men who regard
| ~ iiiiit vi H'tNe o' t''eh
tial To the coming and permanence of
prosperity in their lines As the buy
ing for replenishment is partly salts
fled and diminishes. there Is some de-
crease in the volume OF transactions.
though at the same time the working
force has further increased, the wages
of labor have been, in numerous cases,
advanced and the foundation laid
more broadly every week for larger
buying and business hereafter.
The iron industry waits, because
possible production for the year has
been practically ordered, while neither
buyers nor sellers regard contrac IS al
current prices for next years business,
a. quite safe. Bessemer pig is a shade
weaker at $40 40 and gray forge at
50. 80 at Pittsburgh, while btllets are
hard To get at any price. owing to the
stoppage of only two works of modrr-
ate size SO much has the current de-
mand come TO exceed production.
Sales of warrant pig iron at Philadel-
phia % cents below Snot in fact de-
cline. New business in finished prod
ucts is almost of necessity smaller,
since manufacturing works are nearly
all full for months ahead the plate
mills at the west SO full that they
could not compete at all for three
Rockefeller vessels.
The demand for bars is the best for
n long time and contracts for the East
} River bridge. for numerous new build
. ings and railway bridges are still pend
: ing.
7 The coke output has risen to l45. 03j
tons weekly and is the largest known
a.. for wears. Anthracite coal is sold al
. Sab in New York harbor or 20 cents
> below the circular. and conservativ,
estimates make the years output 40,
: 500, 900 tons. The only noteworthy
, feature in minor metals is n sensational
: collapse in lead of 30 points with sale,
of 5000 TONS
The severe decline in cotton TO O.. 4
cents from J. IS cents on August 30 II
due to widespread ontidence in tn
9 estimates in yield. A natural conse
quence is the fall of print cloths Z
Il the lowest point in the history of tn
3 marlSet-2.31 cents. and cotton good
a generally are easy, with limited sale
d of staples. All wooden goods are firm
q but there is no new business OF not
!. for spring outside of dress goods.
o Sales of wool have largely decreased
r again at Boston, amounting TO onl.
e S.043, 900 pounds, against over IL, OOo, 90
v. pounds the last week in Septem be
e and the week there was the dulles
,f since January7
y The produce market acted with a
ol little apparent reason as usual. A
At though Atlantic exports OF wheat wer
y 2,5s6. 607 bushels. flour included, an
)r for three weeks of October l0,034 ~
IN bushels. against 7,742. PA last yea
n with western receipts not 500, OF
bushels larger, the price advanced ~
or Corn. with smaller receipts and cA
y ports-barely quarter of last year
p declined a small fraction.
~ Failures for the week were 22s
~ the United States, against pa la
~ year, and 80 in Canada, against 80 las
year.
IL. OOnrDACTC EnD CDhIN