The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1898-04-01
DUN's COMMERCIAL REVIEW.
Rumor. Of War Have Little Eject ON bust
mes. All the Condition. that Mako for
Trade and Prosperity Favorable

NFw YORK. March or. a. Dun 4
30. ; weekly review % trade says to-
day:
A waiting state OF things always
binders business To some extent. With
more than s34 .oO0.O0O gold received or
ON its way since this movement began;
with ample bank reserves and treasury
reserves. and redemption OF notes
nearly third smaller than in
February 10 date. with no stringcncy
in the money market and sterling
exchange weak: with the volume of
business AZ clearinghouse oatside New
York larger than in l>92 by 90 per
cent. this month. and with failures
nearly 30 per cent. smaller than last
year. and - per cent. smaller than in
the same month Of is92. there is not
much visible grodnd for panic, even il
earnest efforts should fail To maintain
peace with honor.
Warlike reports come every day and
stock operators make the mos, of them.
and vet the average of prices OF rail
road stocks il 53.O> against 81. 20 two
weeks ago to-day. Nor have industrial
operations been pereeptibly affected
except where extraordinary buying for
some weeks past has made necessary a
pause for breath. 30 To speak. or where
unnatural prices had caused halt be-
fore the destruction OF the Maine.
Some decrease in new engagements
would be expected with war appar-
emily near. but a. yet scarcely any in
dication of decrease for that reason Is
seen. 1t j. difficult to take dismal
views when the nation i surprising
all records in marketing products. At
lantic exports of wheat for the week
have been e.i6D. $50 bushels. agains: l.
81 .e6s last year. and in four weeks. -
3Os .5ii. -four included. against SOB. -.
last year.with Pacific exports. :. zee .03..
against s99.e 42 las; year The price
has declined ~ cents. but the heavy
shipments and contracts for export are
having a constant influence.
Corn has declined only a small frac-
tion with exports not sixth lower
than year ago 10 date.
Cotton has fallen a sixteenth IN spite
OF large exports. because sales of fer
filters and other evidences Indicate
AA@AA NAt "a eAAAtN-N AAAAN
will be less than was expected. Dome>-
tic exports from New York in two
weeks have been S9.lOe .OgD or So per
cent larger than last wear. while i'm
ports have been scarcely large fore
shadowing exports again exceeding
SlOO, 100000 for the month and Sei.OOJ.-
600 over imports In such conditions
no stringencv in money Is needed to
bring money hithcr.
Sales OF wool have been only Hail.
600 pounds in three weeks AT the three
chief markets. against $685.. 300 last
year. and quotations are yielding. with
sales OF old wool. half 10 one cent be-
low current quotations for clothing.
with no indication that manufacturers
are nearing the end of their stocks.
Cancellations are numerous. but in
proportion to orders smaller than
for tive years past and find natural
explanation in an advance OF prices
greater in home lines than distribu-
tion seems 10 warrant Yet the mills
are nearly all full Of orders for some
months 10 come. and rather more dc.
mand for goods is seen since colde.
weather appeared Cotton mills al
Fall River still increase their accumu-
lated stock of about ZOO. 900 pieces. and
print cloths have declined To ..O5 cents,
the lowest quotation on record >oas
print cloths have also weakened. but
| ginghams are firm. and better grades
of dress goods are sold well ahead.
The iron and steel industry is more
/ fully employed than ever before in its
history. and although production oi
Bessemer pig Is beyond all precedent
the price advances and billets are still
bought in open market by some of the
largest producers Other pig j. steady
in price and no decline appears in fin
ished products. excepting steel plates
at the east. but for ,hese de
mand at Chicago i cn.:usrcs. as
for cars and agricultural nipple
ncnt materials. pending orders fol
cars covering 800 to e.O0D each. Tin,
structural demand during the frs
quarter was 20 per cent. larger than in
the same quarter FOR any previous year
and il i said the demand for pipe i
swelled by pending contracts for i.'
miles. Minor metals are compare
lively quiet: tin at li.3 cents: lake cop
per at Il cents and nickel in heavy de
mand at 81 cents
Failures for the week have been 81
in the United states. against ssl last
year. and Il in Canada. against 50 las
year.
DArDroTTcn pECOpr rDanE