The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-09-08

| line has increased, especially on drysgoods
the total for the week beiLg thessheaviest
for the season, Notwithstanding conserav-
tive purchasing in that market by North
western merchants.
This is duplicated at St. Louis where
there has been a larger volume of sales,
both by jobbers and manufacturers the
total for August being equal to that in 1892
Omaha reports that Nebraska still needs
good deal of rain and trade with the job
bers is fair only Milwaukee has experienced
decided Improvement in the demand for
goods and money. st. Paul reports that
loss of life and the destruction of villages
and property by fire has checked the pur-
chases in that market. Minneapolis an
nounces the recent good volume of busi-
ness there.
The August bank clearings are 1926, ,000,-
GOO and show a gain of more than one per
cent over July, and an increase over Au-
gust, 1888, of more than five per cent. but
are ~ per cent smaller than August of two
Years ago. The reduced New York city
ciearings are responsible for the small gain
over August of year ago,a Outside OF
New York the gain Is 1o.5 perscentsover last
year, or decrease of only 1t.6 per cent
from two years ago. Trade is reviying at
the interior as indicated by heavy gains
over year ago in the Central Nv est and
Northwest. Relative increases are smallest
along the Atlantic coast.
The bank clearings of eight months ag-
gregate $780, ,3S7, ,166. a decrease of 24.5
percent from a.year ago. The bank clear
ings of the past week aggregate 79,953,OOO
600, 6. per cent more than the preceding
ban ha fret
week of September 1898. In that week.
1892, 1.-The bank clearings aggregated S1,l26,0-
90, 600 indicating drop this week compared
with two years ago of nearly 30 per ce MT.
Speculative sentiment is bullish but til o
public keeps out of Wall street,and save the
bond list there is little evidence of outside
buying Improving railroad tonnage and
earnings tend to support prices but lack
OF buyers has discouraged professional
est in the market, without creating any
marked depression in prices.
The grand total of SS.5S0,000 bushels of
Canada, September /, is % per cent larger
than year ago, and is the heaviest stock
ever, held on like date. Within three
months the stocks of wheat in and at1oat
Tor Europe decreased 20 per cent, and those
in the United States and Canada increased
less.
The export of wheat for the United States
and Canada, both coasts flour, included as
wheat amount to 3,207 900 bushels, during
the six business days, ending September 6.
The first week in September, 1893, it was
4,0020O0. Exports of Indian oornsfrom the
United States dwindled to an average .of
little over 100000 bushels week, in strik-
ing contrast with the quantities sent
abroad in the orresponding weeks one,
two and three years ago.
The number of business failures in the
United States this week is 207, compared
with 379 the first week of September, 1898.
Special advices to Bradstreets state the
Northwestern crop of faxseed is serious ly
curtailed by drought, the decrease being
from 10 to 80 per cent in the principal
states, and the outlook being for decrease
of 20 per cent in the yield compared with
1892, when the production was about TO-
100000 bushels. Prices are 20 to- 80 per cent
higher than a year ago.