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About The courier. (Lincoln, Neb.) 1894-1903 | View Entire Issue (May 12, 1894)
THE COURIER (&- X. uw l .-ar "w .-v-" ".r r- J-- J. OV- - mff v-vsar,i rr i .T'm i-. z f- JfrTl'V ''V asaprt--?: fe?:-??ii. QrCLES i Tho following summary of tho busi ness situation is prepared for The Courier at tho Omaha oflico of Snow Church & Co.: There is little apparent change in tho business situation beyond a slight im provement in the country. Farmers aro busy in tho Held and country merchants are much encouraged at tho prospect of a good crop. This condition of affairs is resulting in a slight improvement of trado in tho jobbiug centers but there is no sign of tho activity usual at this timo of the year. This was of course hardly to bo ex pected and even a siight improvement is an indication of what may bo hoped for when a good crop is finally assured. Whilo thcro is little activity in building circles much repair work is being done and property owners show an inclinatian to improve their holdings. This is the best possible indication on the part of tho public. Collections aro only fair and light. Business in general may bo called fair, taking into consideration tho conditions that prevail at this timo , and the tone is firmer and moro hopeful both in financial and commercial circles. Even at this lato dato there aro somo business men who pretend to underrate tho tho importance of tho tarritl question and its con nection with tli9 present condition of trade. Somo weeks since I made reference to the period of liquidation which has been going on in the business world and which is a feature usually incident to panics. That we havo passed through this period is evident from the fact that collection agencies and correspondents throughout the country report collections fair and light. For the eight months end ing March 1st collections had been large and heavy. In that time many firms succumbed to the pressure, others managed to settle up their outstanding accounts and pulled through; in short, all old accounts were cleared up in one way or another and the liquidation thus completed. During this time business was poor, credit high, merchants bought little, and only such goods as they could easily pay for. This brings us around to the original proposition. The general liquidation is complete and there is every reason why trade should resume its normal condition. There is no scarcity of money, indeed, it has been offered in largo amounts at remarkably low rates. Brokers and investors are naturally cautious, no doubt more so than formerly, but this very fact would seem an advantage of inestimable value to concerns whose paper is salable, but these very houses have steadily refused to take advantage of the situation on tho plea that there is little business and no profit in purchasing heavily at this time. A good crop in this section is absolutely and undeniably necessary to a revival of business in Nebraska. Tho mere prospect has already given trade a slight impulse hers; affairs in general look better and there is more business here than in the east. But wo must have a market for this crop and in order that it brings a good price there must be the usual demand in the east. Tho mills that' should have in operation since early in the year, have been shut down, and thousands of idle operatives has been the result. Jobbers have made few orders for woolen goods and the market is uncertain and depressed. The tariff question will not be settled until late in the season and if the Wilson bill passes, it will Don't forget Sisler, "the ice cream man,' when in need of anything either fancy or plain, in the ice cream line. 1107 N St; tel. G30. tako somo timo to adjust matters to conform to tho now scales. Each day and week of delay is costing tho country millions of dollars; tho valuablo product of tho toil of hundreds of thousands of laborers, but with an insouciance abandon almost criminal, congress con tinues its dilatory policy on this most important measure. Party politics no longer ontors into discussion and every citizon, be ho a republican or a democrat is justified in .expressing bis unqualified indignation at tho prolongation of a condition of affairs detrimental to the prosperity of the country, Tho Wilson bill has been amended and reamended so often and theio is so much doubt as to tho ulti mate outcomo of this matter that trafllc on all dutiable goods is prautically at a standstill. Mills and factories, importers and jobbers with their workmen and women stand idly by waiting for tho con gress, and still somo peoplo say that the tariff has little to do with tho uepressed condition of affairs. It is hardly credible. Alhert Andriano. Duncan, Hollinger &. Co. furnish The Courier tho following spo cial market summary: At tho prewnt writing tho government report has been received, showing condition of winter wheat as 81.4 as against 8G.7 last month and 75.3 last year. It will not do to forget that tho principal reason for low prices is the immenso stock and this stock is slowly but gradually decreasing and will probably continuo to decreaso for four months to come. If our crop this year is not larger than present government figures would indicate, there is overy reason to oxpect higher prices. ' Corn Recipts of corn havo been very small but this fact has not brought much advance in Chicago, partly because it has been at tributed to the rush of spring work and partly owing to weakness and low price of wheat. As regards Kansas and Nebraska the south and west waut moro than they aro getting and in spite of high prices there is little to be bought. That only about fifty cars daily of all grain is loaeed on the B. & M. system in Nebraska shows how light the movement is. Oats Tho high prices prevailing in Chicago are beginning to at tract larger receipts. The growing crop in Kansas and Nebraska is spotted and uneven and there is not the promise of a good crop in these states. New, neat and nobby is what everybody says about the store and shoes of Le Grande M. Baldwin, 1129, O St. LOVE. Love came at dawn when all the world was fair. When crimson glories, bloom and song were rife. Love came at dawn when hope's wings fanned the air, And murmured, "I am life.' Love came at even when tho day was done. When heart and brain were tired, and slumber pressed; Love came at eve, shut out sinking sun, And whispered, "I am rest." ' if rf HIGH ART. The nicest line of fine shoes and oxfords in the city at Le Grande M. Baldwin's, 1129 O St. Families, societies and church entertainments when in need of ico cream should call on Sisler. who makes it from the best separated cream and whoso price is as low as any. 1107 N St.; phone. 630 Sisler will save you money on all creams and ices, and guarantees them to be of the first quality. See him before buying, 1107 N St.; tel. 630.