The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1897-09-17
DUNE COMMERCIAL REVIEW.

There 10 No Hating la the Advance Move
m~ent-LHrg. Numbers of Men Finding
Work aud Prices Generally Improving
Wheat Advancing. with - steady For
eign Demand Exports Limited Only ~
tho Capacity of shipping.
New YoRk, Sept. 1i.-R. g.. Dun a
Co.'s weekly review OF trade says:
There is no hating in the advance.
Business grows better in all ways. for
while its speculative end breaks con-
spicuous gamblers for a decline. .
steady increase in production. in work.
ing force and in the power OF the peo-
pie to purchase is the feature which
overshadows all Others. Reports OF
New York trade unions show an in
crease since one year ago OF "a per cent.
in the number of men at work. and "a
similar increase among men in like
position throughout the country would
exceed $40. 600, while every week adds
many establishments to the active list.
The coal miners strike has disclosed
such facts and brought To light such
differences that work will probably be
very soon resumed by a large share OF
the men.
The farmers are helped by higher
prices for wheat, and while western
receipts do not show that they have
marketed IA tenth of their crops, as
a of a handsome profit to come
prepares them to buy literally hereaf-
ter. Because of this and the increase
of hands at work. dealers throughout
the country have started to replenish
stocks, which is the great force at
present operating in manufactures and
trade, though distribution by retail
trade has greatly increased.
A gain of IL per cent. in one month in
the output OF pig iron. from 1855, 37o ton
August 1 to 1s5, 507 September 1, with
knowledge that half a dozen other fur
naces are preparing to resume and
that unsold stocks have been reduced
IA, 900 o n weekly In August, indi-
eating n consumption of about 100, O0C
IONS more, explains the moderate ad-
vance in prices Of finished products.
Pig is a shade stronger at Chicago,
but the proof that the advance is
healthy is found in the growing de-
mands of consumers. especially for
bars, with inquiries for 300, 900 tons re
pOIltn ~ 1lituRO, " stIutluiai
including II, 900 tons for Santa Fe
bridges; for all sorts of car material,
including 10000 axles, and for plates,
especially for shipyards on the lakes.
SO hat most prices have advanced 81
per ton.
Copper is steady and lead n shade
stronger at 4.15 cents and the produc-
ton of coke has reached l24, 600 tons
with II, III ovens in operation.
Wheat has risen five cents the past
week, not in n furry, but in answer to
the daily increasing foreign demand.
though reports of the crops, now al
most wholly out of danger, indicate a
yield never surpassed but once. For
eign accounts still strengthen the be-
lief that the deficiency abroad will be
about 100. 0O0,O 900 bushels more than
usual. and meanwhile reports indicate
that less corn than was expected will
be available for export and its price
has risen about five-eighths Of a cent.
While wheat receipts at Chicago
nave been breaking records, receipts at
all the western points are for the week
n little below last years, but Atlantic
exports, 9.77s. 1873 bushels. lour i'm
cluded, against 4. 210, 155 last year for
two weeks, with 5.519, I'll bushels corn,
against 3,570, 70i last year, indicate n
foreign demand apparently limited at
present only by ship room.
Since the small corner in August,
cotton has relapsed to ~ cents, no
rumors affecting prices much. North
ern mills are consuming very largely,
with "A continuing demand for goods,
which has advanced the prices Of
many.
With enormous speculative sales Of
wool, which appeared to constitute
most of the market at Boston, there is
also more buying there and elsewhere
by the wooden mills. which are enjoy
ing an extraordinary demand for goods
at prices averaging net ten per cent.
higher than was paid in the early part
of the year.
The average advance for the week in
sureties has been Si.12 per share for
railroads and 10 cents for trusts.
Failures for the week have been 215
in the United States, against 315 last
year; and 50 in Canada, against AZ last
year.
n a