Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-11-13
sus.nrss ssrrsa.
pesitive asa Married. Esilsaes d Real In
prevsmsnt In Business Circles

Nrw Yosk, Nov. II -Brsdstreet's oil
Saturday says. Several positive ana 81 -
n;rcaut evidences Of actual Improvement
in industrial lines are found in telegranss
TO Bradstrec,'s. more particularly tue an
n,uncement that makers Il rails ~ nus
kury. refns- to quote for 1894 delivery al
the cut in price published three days age
thus Initiating the growth Of demand 70
meet future requirements and CORE.
spending strengthening OF the position OK
manufacturers.
Chicago dsalers in steel and iron report
also a tendency on the part OF the con-
sumers to anticipate wants, together Win
their own refusal TO quote for next year :
delivery, ami St. Louis iron merchants
nreiic, an advance in this price OF steel
bil!eis, which. with bessemer pig iron anu
steel rails. have been shaded in quotations
this week.
In edition. the boot and shoe industry
in New England and AZ several points IN
the west has resumed work en- full time,
as have many New England cotton mills
Among eastern manufacturers and loo-
bers of clothing, business remains de-
dressed and pr ices are being reduced IN
some instances, while west. notably at st.
Louis the reverse is true and an early
Advance In Price Is Anticipated.
The iu,errurtion incident TO an election
naturally ha some effect on the volume
OF trade in many states, the volume OF
tauk clearings running down TO or IL per
cen, as eonpared with last week, aud ~
psr cent. as compared with the like week
last year
A feeling that business conditions have
improved j. reported from Boston. AZ
though the volume has no' Increased
There is an improvement in demand Tor
shoes RI flee Ell in the leather market, hut
the wool aud wooden business remains de-
messed MS reported. awaiting the outcome
of impendrg tariff changes Gross earn
ings Of preventative railways during
October. specially reported to Bradstreets
aggregate S50, 600, 600, decrease OF sbont
Der cent from last years October total.
Aggregate earnings for 10 months show an
increase of about Ia per cent compared
with 10 mouths of 1892. Increase in gross
earnings during October are reported by
the granger and trunk lines and eastern
railroads, in almost all instances due
largely 10 "A Worlds fair passenger traffic,
The foreign trade of the United States
during the nine months OF the calendar
wear decline d moderately, as expected The
reduction in total value Of goods imported
was due chiefly to decreases in hides, rub
Der, silk. tea. glass, iron, lewciry aud
woolens. There were large decreases in
values of exoorts Of cattle, breadstuits,
provisions, cotton, copper ana naval
stores. Available wheat stocks on Nov. 4
amounted to o., 900, go bushels,
The Heaviest on Record
at a like date, the total a year ago having
been 90. l13 900 bushels. Exports from
both coasts this week flour includei)
amount to ouly 2,Sl3@O bushels. One
wear ago the total wa, 3,SS5OOo bushels,
There were 333 business failures in the
United States within six business days,
eompared with 1SS In the week a year ago.
In the province of Ontario general trade
is quiet, largely on account of the mild and
unreasonable weather. In the province OF
e Quebec sorting orders for dry goods are
reported to show Improvement, but here
also is found an unfavorable effect of cou-
tinued mild weather
Makers of cotton goods report orders
plentiful but the depression in the United
States is being felt in the dominion more
than ever.
Tue unreasonable weather is feature in
Nova Scotia, where it has delayed trade In
dry goods and clothing. Bank clearings
at Hamilton, Toronto, Montreal and Halt
fax, aggregate SCI. $4,000 this week. only
3.3 per cent more than in the like week last
wear. Twenty-eight failures are reported
from Canada this week, compared with IA
in the week year ago.