The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1898-02-04
DuNs COMMERCIAL REVIEW

The New iear brings an Increase Ma I..,
ns,s with Les. Improvement Ia rr,..
misunderstanding Establishment, Iu.b.,
10 the Limit "f Their Capacii, and ~
mendous Movement In Asrt,ultnr.
Products Heavy Exports OF Corn.
New YORK, Jan. 30. r.. q. Dan !.
"a. Is weekly review Of trade saw.
The first month Of the new year ba.
brought rather more Increase ia hpsi.
ness, but less Improvement in nrie.s
than was expected. With payments
through clearinghouse rs per cent
larger than IN 1892 and probably tina
largest ever known in any month. win
railroad earnings liz per cent. larger
than the best of past years. and the lac,
that prices are very low only shows
more clearly the increase in quantities
of products sold. Nor is there anv
disposition to refuse orders, even AZ
present prices, indeed the competition
of manufacturers seeking orders alone
prevents "A rise. Most of them hav.
all they can manage, many work mint
and day, and one great steel concern
running on sunday. but the works
not vet filed with orders are secl..ua
contracts at as low prices as have ever
been made. indicating that even these
are not entirely Improbable.
The settlement OF wages on ten
per cent. advance April /. for 2UO.Cao
coal miners of the central region with
other changes. will tend toward a
larger demand Cor products OF ali
kinds, though also toward some IN
crease in cost OF manufacture.
Wheat has been conspicuous. rising
five cents for the week with 81 cents
for May options Western receipts
have been 10, 009.O 53 bushels in foar
weeks, against $685. III last year, but
Atlantic exports have been zoos. s2s
bushels in four weeks. against 7,lOs,.
ga last year, aud Pacific exports, wish
out Tacoma, for the week. +,0l5, 5s3
bushels, against 3, 45i, 995 last year. So
heavy an outgo with wheat over
| one dollar per bushel, and with
corn exports for the four weeks equal
ing the extraordinary movement of asst
year. discloses the strength Of foreg n
counts of disappointing shipments
from Argentina and Russia.
Cotton has risen sixteenth. not
withstanding the strikes in east.
ern mills and the official report Of a
decrease OF 1913 per cent. in British
exports of cotton goods last year.
Receipts still run so far beyond those
following the largest crop ON record
that estimates once deemed extraya
CANT are com sionly accepted.
The cotton manufacture is in more
difficulty than any other, not merely
because prices do not show much im-
provement, nor as yet the demand for
goods. though both are helped by the
closing of many mills, but largely be-
cause the manufacturers and workers
have considered too little the rapidly
growing production at the south
Wooden manufacture is doing well,
fine worsted good, having opened at
an advance Of 20 per cent.on last year,
and the large mills are constantly tny-
ing wool. even at current high prices,
which implies great confidence IN the
future, presumably based on larger or
ders than are publicly reported
Such purchases of wool have been
frequent of late, even 10y mills sup
posed to be supplied far ahead and
one Providence mill appears to have
taken $50. 0oJ pounds OF worsted WOOL
at Wheeling this week. Sales al three
Of the chief markets have been sOsl,-
100 pounds, aud for four weeks 3lA.L-
0I0, Of which 81 361. no were domestic,
against SO, 5i7, 500 last year, of winch
23.391. 800 were domestic.
The iron manufacturers are getting
larger orders for finished products,
which crowd many works almost be-
yond their capacity, although some
J others are still in the market and keep
ing prices down. Pig iron is STEADY,
except that Bessemer at Pittsburgh IS
ten cents lower. the output last year
being officially reported at 9'd5s 6'V
tons, and the consumption in TINS
country. unsold stock considered
GOA. 49, tons, against 9.6Ol,5Oi in the
largest previous year, which was ls9''
and Q, 1914. 932 tons in 1872.
Failures for the week have been S4'
in the United States, against 81 lasl
year, and "a in Canada, against D. lass
wear.