The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-11-23
BRAD STREETS REPORT.
The Unusually Mild Weather Has
Been a Check to Business.
WITH COLDER TEMPERATURE
BUSINESS IMPROVES.

A Continued Decrease in the Prices of
staples-Failures of the week-Rail-
road Earnings Compared-The Bank
CIearings continue of Large Proper
tions.
New York, November %. 2.-Bradstreet' 8
tomorrow will say:
The check to general trade conspicuous
for the past few W, eks, still continues.
The unseasonably mild weather and rain,
intensified this feature. which is more
conspicuous with the south, where the
decline in the prices of cotton and conse-
quent check to shipments are held to be
partly responsible. The demand for
| staples increases with the appearance Of
seasonably cold weather the result being
| larger orders for woolens. shoes, rubbers
nd holiday specialties.
Lake shipments are active and the
are heavy, lowing to the close of naviga-
tion.
Complaints are made in Texas of re-
duced shipments of cotton, and the crop
estimates there are again lowered This
is in contrast to later reports on
the size of the wheat crop, which now
place the amount necessary 100, 900, 600
bushels larger than the crop report last
spring. While Philadelphia textile
manufacturers are
FAIRLY WE'LL EMPLOYED.
they declare it is without material
profits.
Boston advices are that foreign wooden
dress goods are well cleaned up and the
advance on mems heavy weights is sus-
tained. Wool remains quiet, with fair
inquiry. Manufacturers are not adding
to their stock. Uncertainty as to the
prices of leather is checking the buying
of shoes by retailers, which depresses the
manufacturing industry.
There is less demand for iro n and
steel, and prices for the standard varities
are lower, about half years advance
having been lost. 1t will be borne In
mind that most of these declines are on
the sales from stock. A considerable
order if placed with the makers, might
have different effect
General trade on the Pacific coasts
PRESENTS FEW NEW FEATURES.
At San Francisco the increasing disen-
gagged grain tonnage depresses the ocean
grain freight rates. Tacoma reports
lumber shipments active and Portland
that lumber business is stimulated by a
combination of the mills of three Pacific
coast states. Considerable orders for
merchan disc continue to leave Seattle
for Alaska. Exports of wheat from both
coasts of the United States and Montreal
this week, flour included as wheat are
q GIG, 600 bushels, AGAINST 3, 1926, 600 last
| week, 8, 312. 600 in the week year sago,
q 764, 900 in the week of two years ago,
8, 465, 900 three years ago and 4,082, 900 in
the like week of 1891.
Notwithstanding the continued
evidences of moderate reduction in the
volume of business in the recent weeks
the total value of bank clearings
CONTINUE IN LARGE PROPOR-
TIONS;
81, 1876, coo, 900, which while it is 81 per
cent less than last week, is fully ten per
cent larger than the corresponding week of
ldSU year, utttFiy 10 poT C6ub larger I'll al
in the third week of November, 1893, two
per cent more than the corresponding
week of 1892. When oontrasted with a
like period in 1891, this weeks total
shows decline of only ten per cent.
No less than week ago, Is the COM
paratively long list of decreases in the
prices for staples; among them being
Bessemer, pig iron and steel billets
wheat, corn, oats, pork, lard and coffee
Among the food products cotton, petro-
lsum, hides, live cattle and hogs.
Practically unchanged quotations ar Q
reported for turpentine, rosin, tobacco,
| leather, lumber and coal.
The net railroad earnings reported by
| roads representing rs per cent OF the rail
roads earnings capacity of the country,
| point to
STEADILY SUSTAINED GROWTH
| in the volume of the net receipts for the
nine months of the year, as compared
with the year ago. The total gross and
net earnings for the nine months this
year are respectively $543, S09, 800 and
$l72, 594, 442, increases over 1894 Of 81 pei
cent gross, and per cent net. Earnings,
gross and net, 1894, fell off 13 and II pei
cent each from 1858, during the same
period. The Changers and Paci flo roads
show smaller gross returns than yeal
ago, and these decreases are slight.
| Southern roads, which show
THE ONLY FALLING OFF
in the MT, from year ago, report a cor
respondingly small decrease. Central,
Western, Coal, Southwestern, Trunk,