The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-10-19
In The General Commercial Move
ment This Week.
so SAYS BRADSTREET In TEE
WEEKLY REPORT.
Trade Appears To Be Light All Around with
Few Experimentation Business Is
Roomine-FaiIures ar the West Largely
J,ocaacaI

Increased.
New York, October 19.-'Bradstreet' To-
morrow will say: There is less push TO
the general commercial movement this
week, indicated by the reports from cas-
tern jobbers and others whose travellers
| have returned from trips west and north
west There are of course noteworthy ex-
ceptions, Baltimore merchants finding
relatively the most satisfactory trade.
This is largely due to the remarkably
favorable changes in the south. In gen.
eralsthe volume cf business appears Sight
ly smaller this week with widespread,
although in somewhat irregular demand.
| The manufacturing industries show no
| material change except in the central and
western cities where the manufacturers
announce q better demand than al the
east. The falling of in the demand for
Besse,ner pig iron and steel billets may,
or may not, be due to the consumers re-
fusine to further discount future ro-
ouirements. The nominal declines IN
these metals are yet to meet their test OF
any considerable order getting into the
market.
The woolen manufacturers find.no more
encouragement than heretofore. The
manufacturers of cottons are Dolstered
by the highland advancing prices for raw
STAPLES and find the demand and quota
tions for special orders satisfactory.
Favorable trade reports from the south
continue TO specify the continued In
crease of the wholesale and retail de-
mand. Cotton is moving freely. Collec-
tions are improving and merchants are
anticiDatinp indebtedness in some 1nStan-
ces. Throughout the west there are fav-
orable trade conditions, except north
of the Missouri and Kansas, where there
| is no change from the previous mooerate
volume, or where recent conditions nave
checked trading somewhat. All lake
norris report an active demand for ton
| mage and firm rates. Kansas City an
| nounce an active week IN commercial
circles as do = Chicago, and ST. Louis,
with the outlook for good seasons busl-
ness At the Northwest, the
"HOLD YOUR WHEAT''aa
sentiment is spreading, but thus far does
not appear to have had much effect. Sc
attls reports more fall wheat being sown
in Washington than last year. Tacoma,
| that export trade with the Orient and
the united kingdom continues active.
AT Portland it seems to be relatively
less active. At San Francisco the only
real Improvement is reported in dry
| goods, frui and vegetables being plent1
| full and low in price. Among the higher
prices for staples are those for cotton and
cotton goods, which reflect an immense
speculation and good actual demand
| growing out of the belief liz a short crop.
The reports that a New Orleans house
had tried to corner the October delivery
are said to be confirmed by strong sup
| port from that market. Wheat closes on
a better export demand and continued
dry weather, although the spring wheat
receipts are very large. Winter wheat
brands of flour are scarce and higher.
Corn is firmer on the restricted rechets.
| Oats, coffee and coal are higher, the latter
on the continued progress toward paying
rates. Lower prices for steel billets re-
feet subsistence of the late furore on
the siron and steel trade. Bessemer pig
iron Is unchanged. Hides are lower. as is
also refined sugar on decreasing de-
mand Cor sand the weaker tone OF raWs.
Lard is slightly off, and pork is weaker
and unchanged on free offerings at the
west.
| THE BANK CLEA RINGS.
aggregate s1.O5s, 600, coo this week, gain
over last week of 1 per cent; over the
week year ago 90 per cent and over the
week of 1898 "a per cent. Compared with
the week in 1892 there is decrease of
is per cent. The gain this week at New
York over year ago is 2z9 per cent;
outside the metropolis the increase is 10
Dor cent The gain in Boston is IS per
cent.
! The reports of wheat from both coasts
of the United States this week (four in
eluded as wheat), are 2, 409,0 600 bushels, a
gflinst 3,1920 900 for the corresponding
week year ago.
The number of failures throughout the
| United States this week is 2S9, against
o53 in the like week year ago. 1T the
vest failures have practically doubled