The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-11-20

many OF the leading branches Of general
trade arc rather mors conspicuous thia
wssk. This Ii noticsabis In adyicss from,
Boston, New York, Baltimore, Philadelphia,
Pittsburg, Memphis, Kansas City, ~. Louis
md Galveston. while at Others, Cnicngo,
Minneapolis, ~. Paul and Duluth, tlnde
maintains 4 fair volume, having dccf0NAsd
IN Some LIMOS ~ COM pared with = f0w weeks
ago. Throughout central. western and AAat-
ern states the Weather has been too mild to
help trade, but further west, ~ ut OMAN
and nv Minnesota cities, 4 oold wave Ans
stimulated distribution OF staples some.
There has boon some Improvements nj Gin
c%innati. New Orleans and San Francisco.
Dry goods and clothing sales have dragged
in almost All directions. Low water ia re-
q ricting the outpu3 Of bottoms In New Eng
land. Trade in woolens has been disap-
pointing, and manufacturers nrs slow TO
buy stocks of raw wonl, which remains dull
and heavy. Exports OF cottons are re-
strictsd by unssttlsd trade in Brazil, China
and Chill. Cotton is weak on largo erop
ners report an unfavorable season.
Mild weather has checked the movement
OF green meats at ths west. and hog prod
ucts generally are in smaller demand, with
a downward tendency. Live hoQa are five
csnts lower, and tres receipts Of live cattle
l WUHkol luOLhUAUAH lUT Gl0u, lLUW 8uQ0t Ia
I18011sc. up on reduced beet crop esti-
mates, better demand and decreasing
stocks. Sales Of leather and lumber ars
mora active at nearly all points, ex-
oept for the former. NJ Boston. Domes-
tic hides are lower, while foreign arc
ufactursrs have begun work on spring
order. Disturbances in Brazil continue TO
advance the price of raw rubber here, Msr-
oantile collections are only moderately
prompt south and quite variable elsewhere.
The pig iron trade thus far Is d%isappoint-
ing, demand not having met expectations,
beng materially below current takings at
many points. The anthracite coal market,
too, is far from satisfactory at the moment.
with the prolonged spell OF u~nseasonably
mild weather and practically unchecked
production. Business failures in the United
States number 26S. against 23S last week
and 200 this week last year. The total Jan.
/ to date is 1o,389, against 8,7oe last Z =
Exports Of wheat (including -four from
the United States ports this week reported
to Bradstreet's equal 4,49O.O 900 bushels,
about twice the quantity sent broad in
corresponding weeks in four preceding
years. There has been a gain i'll exports OF
over last week equaliing fully 100000 bush
els. For twenty weeks exports of wheat
and -four from United States ports reported
equal nearly S2,OOU,O0 D bushels, against
~, 298, COO bushels from United States and
Canada in twenty weeks Of 1890-91, and a.
COMPARED with 80, $4,000 bushels in 1889,
42,446,00 bushels in 1883, and 81. 1863, 900
bushels in 1887.
The speculation in the New York share
market continues to be mainly professional,
and in spite of the subsistence of financial
disturbance in New England and of re-
newed ease in the loan market, has been
mainly bearish in character. Foreign in
tnfaE{Q fbayA haa,a oeIlaru nlthc,1rh <ba "a
cent banking failures in Berlin had little
international significance. 1he coal stocks
have been the principal objects of benrish
attacks, large earnings and heavy traffic on
the principal granger lines protecting them,
as well ms the trunk lines, from mapipula-
tive pressure. Foreign exchange ia slightly
frmer on a decreased supply Of commercial
bills, due, it is claimed, to the lack of ocean
freight room. The payment of maturing
sterling loans also strengthens exchange
temporarily. Tbs money market shows re-
newed ease on the return Of funds Gent to
Now England during the preceding fort
night.
Bank clearings, MS wired exclusively to
Bradstreet's are from sixty-hve cities this
week. The total, $l.3l5, 2S7.135 n fifty
seven cities in the United States, is 1871 per
sent less than in the like week OF 1890. The
decline is largely due to the decreases Mt
Nsv York City and at Boston. Chicago's
sotal increased III per cent as compared
with the week a year ago. Out of sixty
cities reported twenty-ei2ht show decreases.
October's gross railroad earnings are
smong tho best this year, the gain being
lesatthan that Of September overthe
ike month in 1890. Increases are larger md
more numerous. ana doc eases correspond
nGly less noticeable than for months.
ISrge gains by the grangers reflect the
grain movement. Gross earnings of
40 roads for October aggregated $50, 49,
40 on q total Of 81, 76i miles, a gain of ST.
'er cent in earnings and 1,8 per cent III
over last year. This follows. a gain
+ Al pei cent. in October, 1890, over 1889.
ten yea!s the earnings aggregate is
'454. AL ,75l. q gain oyer ten months Of last
ear of Us per cent, following a gain in
months of 1890 over 1883 Of 81 per cent.
General trade i'll the Canadian dominion
ppea = to have shown more life during the
,eek, notably in demand for dry goods and
x lort request for grain. The dominion
eports thirty business failures this week,
gainst% forty-three last week and forty-six
his week last year. The total number
/ to date is 1,587, against 1,415 last
ear. Bank c%lenrances at four Canadian
tiles aggregate SIS, GOD. s17 this week, a de-
rease OF 1862 per cent. compared with last
ear. F'