The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-09-14
CHECK TO ALL BUSINESS
SHOOTING OF THE PRESIDENT TEN
PORARILY BARS PROGRESS.
Business Conditions Too sound to
Trade Movements of the week.

NEW YORK, Sept 13.-R. G. Dun & Co.'S
Weekly Review tomorrow will say:
'An assassins bullet checked the progress
of a nation For a time projected under
takings were abandoned and orders held
back that were about to be placed. Specula-
tors sacrificed stocks and options on grain
and cotton. Better news early in the week
brought recovery in prices and postponed
business was transacted, but anxiety was
again in evidence on Friday. After the
crisis there will be a return to former con-
ditions, because the solid foundation of the
country's prosperity is too deep to be per-
manently disturbed. In the manufacturing
industries there is a steady gain in the
number Of active mills and full operation is
consequently near. Less urgency of imme
date delivery of goods and less inclination
to pay premiums the part of well-posted
men suggest that these consumers antici-
pate a return to normal activity with little
delay. Mills are accepting contracts for.
delivery of steel rails into 1902 al S2S. so that
no change in price is near. Finished steel
is freely taken whenever producers have
goods to offer at reasonable terms, and the
increased force in tin plate mills promises
to reduce high prices and decrease imports.
tanned some surprises. Notwithstanding the
closing of four furnaces of the National
Steel Company, the weekly capacity of fur
naces in blast on Sept. was 299,S61 tons,
decrease of only 1856 tons from the figures
of Aug. 81 Instead of a large increase in
furnace stocks, owing to the known de-
crease in consumption of steel mills, there
appears a loss of 1926 tons for the month
Of Ar4crr T,x~i6 ar1f1 Cfn Ks rllTgS st
have been augmented very heavily.
Shoe shops still operate full forces, and
while the large producers of New England
have the most noticeable activity, manu-
facturers all over the country share the
heavy demand. Dry goods enjoy excep-
tional activity, the demand for current
needs exceeding expectations and distribu-
ton by jobers is Of enormous proportions
at many points packers working both day
and night. At Fall River the print cloth
market received an impetus from several
liberal orders, regulars advancing TO 3
cents. Many lines of cotton goods, both
bleached and brown, have moved to a high
er level. Purchases of wooden and wOrsted
fabrics are largest in staple lines, and while
mills have few new orders they are fully
occupied on long-term contracts.
Slightly easier terms prevail in most
Of the staple commodities An enormous
gain in the visibly supply of coffee, to-
gether with receipts at Brazil ports, fully
indorsing the largest estimates of the cur
rent crop, depressed No Z Rio to 512c,
which is within a sixteenth of the lowest
price ever recorded.
Wheat did not respond TO a lower gov
eminent estimate, as the unofficial authOri-
ties still anticipate the greatest yield ever
harvested in this country Though exports
from the United States have fallen below
the unparalleled movement in August, the
weeks shipments aggregated 499959 bu,
-four included against 3.676.2SS last year,
and 3.51O, S4s in 1899. These figures do not
include Canadian, which continues out
freely Predictions that the yield of corn
will be the smallest since 1894 did not pre-
the 81
pared with 1922 265 a year ago. but ex-
orbitant prices made exports from the At
lantic seaboard only 5Si.3l4 bu. against
2,474,629 last year and 3,031, 643 in 1899
Failures numbered Us in the United
States, against 195 last year, and eighteen
in Canada, against thirty last year