Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1888-11-26
LAST WEEKS TRADE.
The FaY0ra bic Characteristics Of The
Preceding Week Still Noted.
General Good Feeling Among Mer-
chants-The Heavy Shipments of
Gold Their Cause and Effect
Active Business for
Bleached Cottons.

NEW YORK, Nov. "a.
This mornings Brsdstreets says Special
kilograms this week contain more, II not all
of the favorable characteristics noted in gen
eral trade circles one week ago. Al SayAH-
nah merchants are lmpatently waiting for
weather cold enough to raise the Florida
quarantine, which has depressed trade in
that vicinity SO long, aud at Galveston the
volume OF merchandise moving is only mod
crate, due To cold and rainy weather and
heavy interior roads At most other points
except Detroit, where general trade is only
fair, steady increases are reported in orders
received and placed for almost all staple
lines. There is better feeling aInoag mer-
chants, better JObbing demand for dry
goods, groceries, boots and shoes and cloth
ilg, and with the continuance OF seas Jnably
cold weather our advices are that increased
activity Is expected.
Earnings per mile of the railroads for
September show a loss of 4.6 per cent as
compared with September, loo5.
The trunk line troubles have caused =
heavy and increasing liquidation IN the New
York stock market, and decided fall in
stock values, though brisk recovery set in
late on Friday. Higher money markets
abroad, with the shipment of over 81 900 900
IN gold, creates additional pressure on the
market. Foreign exchange is high and
strong, The gold shipping point has not
been reached, but the premium on gold
abroad makes shipments possible.
The moderate concession IN bleached cot
tons last week resulted IN al active demand
and partial restoration Of the previous
level OF prices. There is satisfactory de
Inand for spring styles uf glnghams. Orders
for woolens have been checked some what
by the advance in prices OF raw wool. la"
wool Is more active and stronger IN all do
mestic markets, the situation being some
what extraordinary compared with the dull
ness Of last summer. Within moment the
gain in price has been from two to four cents
per pound.
Increased importations are expected dur
ing the coming year Manufacturers are
now specially interested TO arrange TO get an
advance on their heavyweight goods COM
mensurate with the higher price for raw
material The New York auction sale OF
light and heavy weight cassimeres was fairly
satisfactory. Cotton is rather dull and
slightly lower on fuller crop movement and
lower Liverpool quotations. caused by Nelll
Brothers estimate of ,2OU,U bales As
minimum crop estimate.
Four Atiantic ports this week exported
about 800, 900 and two Pacific ports 100000
bushels of wheat Flour shipments aggre-
gated both coasts i45, 900 bushels as wheat
nearly nine-ten hs Of 1t being from Atlantic
and Gulf ports
Raw sugar has been quite firm with re-
duced offerings at full asking prices. though
without special activity Rehner' have
drawn on stocks rather than buy under these
circumstances The demand for refined Is
increased very little, but in some instances
prices are one-half cent higher.
The demand for desirable lots of Brazil
and other cOffees is sOmewh hat larger and OF
more satisfactory volume. This is followed
by hardening in prices on fair invoices of
fully one half cent Brazilian crop reports
are contradictory European markets are
stronger.