The Portland daily press., 1895-11-16
TRADE IRREGULAR.
80 Says the Weekly Bulletin Of Brad.
streets.
QUITE HEAVY FALLING OFF In
OUTATIONs In SOME LINES.

| QUITE HEAVY FALLING OFF In
QUTATIONs In SOME LINES.
An Unexpected Improvement in Woolen
Goods-A Large Export of Wheat
Large Railroad Earnings-Bank Clear
ings-Failures for the Week.
.sNew York, November 15.-Bradstreets
tomorrow will say:
The condition of general trade through
| out the country continues irregular and
without material change. There is a
distinct falling off in the demand for
iron and steel, With perhaps the heaviest
reaction In the quotations in those lines
reported in any week since the late boom
in those metals reached climax. Central
western cities continue to feel the un-
favorable influence of tine unseasonably
mild weather, which is true as we'll Of
cities at the Northwest. Then there is a
long list of decreases, in quotations for
merchandise wheat corn, oats, pork, lard
and coffee among the food products cot
ton, print cloths and lumber lat Boston) !;
as we'll as various grades of iron and
steel, copper and lead, with weaker
quotations for tin plates.
The converse includes an unexpected
IMPROVEMENT IN WOOLEN GOODS
increased orders for manufacturers,
and higher prices for several qualities of
goods.
In addition, there is continuance in
the improvement reported for weeks in
bank clearings as well as in the gross
earnings reported by railways having
100, 900 miles in the main line. The
October gross railroad earnings reflect a
generally improved trade, and an special
ly heavy..movement of spring wheat. 1t
is the largest gain shown for any months,
but June and July this year. The heavy
| falling off in southwestern railroad earn
| ings is attributed to the shortage in the
cotton crop in Texas.
THE TOTAL EARNINGS
during the month on one hundred and
twenty five roads with over 100000 miles
of track are S54, s37, O75, gain over last
year of 6 8 per cent.
Last year almost the same mileage
showed decrease of 81 per cent from
1893
The granger roads show the heaviest
increases. several gains ranking as
phenomenal The fact that 73 per cent Of
all the roads represented show gains is
evidence of widespread character of the
improvement in railroad matters. The
Southwestern roads and coalers show
decreases and every other group show
gains. All trunk lines and nearly all the
southern roads show Increases. the latter
in spite of the short cotton crop. For ten
months this year, the total earnings OF
one hundred and twenty -four roads
aggregate $421, ,101, 963, an increase over
last year Of AZ per cent; following de-
crease in 1894 from 1898 Of 12 per cent.
Every group of roads show gain for the
ten months period this year over last.
The Central Western group showing the
largest increase, and the Southern roads
the smallest gains.
BANK CLEARINGS AT TIL E CITIES
throughout the United States aggregate
81, 7O1, 900, 90 this week, per cent more
than last week, IA per cent more than in
the second week in November, 1894.
Compared with the corresponding period
in 1892, the falling off is 1e per cent.
In the industrial departm more
irregularity exists than for several
months. In addition to the improvement
in woolIen goods manufacturing, there is
a gain among the makers of mill supp
plies.
the OUTPUT, which tends to strengthen
the market for shoes, notwithstanding
the mild weather has delayed sales.
Lumber is weaker a0 Boston because of
ample supplies and declining demand,
the reverse being true at Philadelphia,
owing to delayed shipments The lumber
sales at Chicago are disappointing; at
Minneapolis fair; at Duluth the lumber
cut is about 45o, 600, 600 feet, said to be
the largest on record there.
IN COMMERCIAL LIN ES,
ST. Louis, Nashville, Boston and New
York report relatively most favorabIy,
with respect to the demand for merchan-
disc. At Chicago, Ba ltimore, Chatta-
nooga, Galveston, Birmingham, Kansas
CITY. Omaha, Des Moines, points in
Minnesota and Dakota the volume Of
goods has not increased, and in some in
stances has fallen off
The most active demand is for general
dry goods Other features include very
generally satisfactory mercantile collec-
tions East, West and South.
There is disposition IN the Gulf States
to make cotton more freely. Texas cities
report checked volume of business, ro-
sulting from the lower prices for cotton.
The features on the Pacific coast include
ample disengaged wheat tonnage at San
Francisco, an Increasing -four trade with
the Orient at Portland, and a growing
export business from Tacoma.