The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1898-02-11
pun's COMMERCIAL REVIEW.

The Most Encouraging Report. Taken n,
y Whole, That Has Appeared FOE Man.
Years A Gradual improvement All Ai.,-
the Line Wnh Gsncsoa. Promise. r.,
the Future the Feature at the Report
NEW YORK. Feb. 5-R- &. Dna 4
Co. : weekly review Of trade sars.
Actual payments through clcarin~.
houses in January made "A Remarkable
showing. being muctl larger than IN
any previous month. :J.S per cent
larger than the same month last vea-
and ~ per cent larger than in $50.
The failures in January were smaller
than in any previous year os which
there is record, and were probably
smaller than in eay other January
since ISL.
The statement by branches ~ hr..-
ness given this week shows sarpr.s-
ing gain in most departments 81 manu-
factnre and trade. Meanw hi.e. th.
money marlse; is "a confident a. erer:
gold does not come from Enrore IA
large amounts only because bausers
iind it worth while To lend Amcr.c..n
money abroad. and the cOmm-r.al
balances are heavily ia favor .. tie
United States. "a heretofore.
Perhaps the most striking fsatlr. x
the week has been the DECLINE IN
wheat. With exports Of ). 09l. 5,7 blsa-
els. against l...0. SO last year, lDlr
included. from Atlantic ports ANA
s.s6 $40 from Pacific ports. against SAL
343 bushels last year. the Tempe Z.
Al
port of the agricultural department
has had some influence. although is
figures are not generally credited -
reliable. The wheat marle, has
turned largely upon the operation u I
Chicago SPECTATOR. but the fact re-
remains that the price depends largely
upon foreign needs and upon the com
parative scarcity of the American sup
ply.
The outgo of corn continues heavy.
5. s95, 6s6. against 3.3i3. 400 for the same
week last year and the excess over last
year. when exports were much the
greatest ever known. Indicates : very
heavy foreign demand.
The spot price of cotton remains rn-
changed, but the fact that receipts
continue larger than during the same
week of 1925, after the heaviest crop
ever known. checks speculative opera
tions for an advance.
The iron and steel manufacture :
steadily gaining in consumption OF plg
iron. although the production ~ Tic
material j, still in excess of snmed ale
demands. but not enough 10 cause ade-
cline in prices in Pittsburgh % CA.-
cago. Even the southern producers
are able to get fair price at Chicago
and at the east. and anthracite p.- j.
unchanged. The demand for iimsl.sd
products has been very heavy. and IN
Guides for structural work 5000 tons
for the stale capitol building ia Pern-
sylvania: 1000 ions for the courtnels9
ut Denver: 5000 ton. for elevated r1a.-
ways a. Chicago. and numerous small
buildings in various parts Of the e0sn-
try.
The demand for car building has
been very heavy. both a; the east and
west and the plate demand greatly
increased at the east on accoan. Of
orders from shipyards- Tor plates the
demand from tin plate works has been
very active. The prospect OF com
bination of wire manufactures has
stimulated the demand and raised tie
price for wire rods
OF Connelisville coke. IL. 600 ovens
are in blast. with an output off l55. yVO
tons weekly. and the quoted price .
sl.5O for furnace. Tin is quiet and
steady at Is. - cents. with a visible
supply on February of 81. L." tons
against 81. s32 a year ago. Exports o.
copper in January were about 4t--S
tons. against 1905 last year. and the
price is held at II cents for lake
There is n better demand for cottoa
goods since the general stoppage oi
works at the east, but there IL No IL
dication rs yesof material gain as re-
spects unsold stocks on hand
In wooden goods the demand Is
altogether more satisfactory. an al
vance of about 20 per cent being paid
on most grades of the finer woOlens
aud worsteds, and nearly all tine mills
are active. The sales of wool al the
three chief markets were G.Soi. ~
pounds. OF which 3913. 900 were 10
nestle. against S.56.s. 200 last year. u
which 5. sg3. 800 were domestic
Failures for the week have been %
in the United States. against 81 "a,
wear, and 80 in Canada. against Is .--s'
year.