The daily morning journal and courier., 1895-12-07
THE CONDITION OF TRADE
c0HMERcIAL REPORT AS SENT OUT
 BY BRADSYREET,S AGENCY.

General Trade Continues tho Feature
 Course of Price, Show a More Favorable
 Tendency--Dep in Wheat is FoI-
 lowed by an Advance.
 New York, Dec. 6-Bradstreets to- morrow will say: General trade contin- ues the features of preceding weeks smaller volume, quiet in most lines, business being conducted conservative ly, activity only among dealers in wool ems. clothing, shoes and hardware, and new orders generally of fllling-in character. The season has evidently been late one, prolonged mild weath- CT having delayed orders unti! the Christmas demand and the belated au- tumn request came together. Notwith- standing almost uniform reports of quiet and unchanged conditions it should be noticed that Jacksonville, ,Au- gusta and Birmingham at the south. Milwaukee, Kansas City and St. Louis at the west, prove exceptional to the rule by reporting gains in demand for wholesale staples. The course in prices shows a more favorable tendency, su- gar, Indian corn and wheat showing advances, prices of flour, wheat. pork, rice and tobacco being firm and un- changed, while lower prices are furn- ished by oats, lard, coffee, cotton, print cloths, petroleum, leather, hides and lumber, coal, southern pig iron, Besse- mer pig iron, live hogs, and live cattle.
 Continued depression in wheat is finally followed by an advance, due to heavy shipments of wheat from the Pacific and confirmatory reports of short crops in Australia and Argentine
 Republic. Minnesota, Iowa, Nebraska and Kansas farmers are endeavoring
 to hold as large proportion of their cereal products as possible, and buyers are trying to purchase wheat and corn
 to hold. Duluth advices that with the close of navigation grain receipts fill evelators there to overfowing. Leather is going abroad to parties who sold hides to this country at the advance,
 but who are now buying American leather after the reaction of 25 per cent in price. Fractional declines in pig iron prices are regarded as bottom, Which, in addition to lower quotations for billets, should have the effect of reducing the price of steel rails with
 which it is thought business for rail
 mills may follow. No significance is at tached to the recent order for 10000 fpnc nf ,crIic ctn o;Je fn,. fr,, western railway. Tn dry goods holiday specia1ties are more active. Cotton goods remain steady and Woolens are | in only moderate demand with the out look not favoring particular activity early next year.
 Woolen mills are said to be receiving fair orders for spring. Holders of wool
 are sanguine on stronger London quo tations and higher prices in Australia
 and the Argentine Republic. Coal re- ceipts at San Francisco from Great 1 Britain and Australia are heavy as are exports of wheat from that port, although wheat is reported moving ! slowly at Tacoma. The railroad pas-. senger and freight rate war between Portland and San Francisco has re- SuIlGu III CildIlS lllS slIc uSudI CuTItI1l6
 of Pacific coast holiday trade sonle-'
 what. The falling off of 25 per cent in bank clearings last week, which was
 unusually heavy even for Thanksgiv- | ing week is more than offset by a | total of $1,247, ,000, 900 clearings this week. l 43 per cent. more than last week, ' per Ecent. more than in the week of Deceln- Der, 1894, and il per cent. more than in
 1893. The decrease this week compared
 with the corresponding period in 1892, when the total was probably the largest
 weekly aggregate of clearings on rec ord is only IA per cent. and as cou- Epared with the like week in 1891 the decrease Is only per cent November | bank clearings are $468S, ,594, ,925, or 9.6 per cent smaller than October, but 1S.6 per cent. larger than November,
 1894, and only 14 per cent. smaller than, November. 1892
 With the exception of October and May the total of the month just closed | is larger than any month since May. 1893. At New York the gain for No-
 vember last year is 16 per cent, whila
 outside of that city the gain is over | il per cent. Twenty three cities show decreases for the month compared with
 1894, larger number than for some time past, but the decreases at tie larger cities are mostly fractional. The total clearings at 60 cities for eleven
 months aggregate SAT sos 239 ,595, gaim
 of II per cent. over last year, a de- crease of less than 3 per cent. from
 1893 and decrease of only 14 per cent. np1 1t of 27 off iacs
 show decreases from last year in the eleven months period.
 Business failures number S15 against
 322 in the week of December, 1894.
 There were 39 business failures re-
 ported in the dominion this week.