The Helena independent., 1892-12-27
STATE OF TRADE.
Bradstrsets Report says That IL IL Gensr.
ally Satisfactory.


New YoRK, Dec. 26.--Bradstreevs weekly
report of trade embodies tho following: In
most lines THO condition Of trade is satis-
factory. Pig iron. I,sssemsr pig, petro-
laum, and some grades OF finished iron are
lower, as we'll AZ wheat and oats. Advances
in corn, coffee. tea and southern sugar are
conspicuous, as woll as in live cattle and
hogs. Tobacco, rubber, leather, lumber,
print cloths. wool and cotton have ruled
steady. The New England boot and shoe
trade is better than for years. and factories
are we'll supplied with orders. Boston re-
ports southern trade much stronger than
last year. Other large eastern centers--
Buffalo. PittsburQ and Baltimore--report
holiday trade the feature with wholesalers
and jobbers engaged in stock-taking or
preparing for spring trade. Eastern cot
ton mills are not accepting large orders
for future delivery. az many manufac-
turers believe cotton 10 going still higher.
The full advance is demanded and paid.
American takinas Of Australian woods are
only ons-thtrd OF the prices Of last year.
Prices of domestic are Arm, but manufac-
turers will probably buy for wants only for
some time. The stock market shows a dis
position to recover from the effects of the
liquidation and temporary strinRenoy in
money which marked the beginning of the
week. Speculation, however. Ia nervous.
Apprehensions of further gold shipments
check any decided Improvements and give
play to bearish attacks on prices.
Reading ia now the weak feature on ru-
mora of bond issue and conflicting opin-
ions about the extent OF interest payments
on junior securities. The manipulated in
dustrials have recovered somewhat from the
depression, but seem likely to be n less
prominent feature. Foreign interest in the
market is at standstill, financial opinion
abroad inolining to belief in a United
States governments bond issue. The
silver market was weak on the
adjournmept of the Brussels confer
enoe, and tho price of bars declined to
tions on record. Gold engagements for
shipment carly next week were anticipated,
but now seem unlikely until after Jan /.
Tho total bank clearing in the United
states this week equal $1,511, 100000. seven
per cent more than last week, and "a per
| ago. Unprecedented weekly increases of
available stocks Of wheat in tho United
States and Canada, with continued free
northwestern shipments from first and SEQ
ond hand. tend to depress prices.
| Throughout the south activity in holiday
specialties has ruled, with comparative
quiet In other lines. At Birmingham and
Memphis collections are said to be only
fairly satisfactory, but at Nashville
Charleston, and Atlanta payments by coun.
try merchants are being made with prompt
ness. Sales have been fairly large. and
dealers regard the outlook hopefully.
Sugar ia active at New Orleans at an ad-
vance, with the prospect for higher prices
Receipts Of rice there continue heavy
Heavy dry goods and clothing are in bsttel
demand at Galveston and other Texas CEN
| ters.
Leading western cities appear to be enjoy.
ing proportionately smaller volumes OF
trade in staples. as is customary at this sea
son. At Cincinnati whisky and tobacco are
quite active, and both this market and
Cleveland report pig iron prices unchanged
Chicago admits that furnace mems needs il
some instances have resulted in prices be-
ing shaded. Louisville reports jeans and
clothing in good request while at Detroit
the cold snap has stimulated ths genera
demand. Some call for steel rails
for 1898 is mentioned at Chicago
ST. Louis has been selling increased
quantities OF teas. coffees and spices at ad
vancing prices. The call for better quail
ties of grocery staples is said to be note
worthy. Live cattle and hogs are in good de
mand at Kansas City and Omaha at hiRhe
prices. but staples generally at these citie
and at ST. Joseph sell slowly at this season
| A fair volume of trade has been done a
Milwaukee and st. Paul. Minneapolis ex
poets to turn out 1000, 600 barrels OF fou
this year. Freights are slow at San Fran
| ci6Oo