Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-11-28
CONDITION OF BUSINESS
Check to General Trade
Still Continues.
Demand for Staples Increases-Busi.
ness Failures-Exports of Wheat
Bank Clearings-Railroa Earn.
inRs-Larger, Orders for Woolens,
Shoes and Holiday Specialties.

Shoes and Holiday speciaIties.
New York, Nov. 23.-Bradstreet's
to-day says that the check to general
trade which has been conspicuous for
the past few weeks still continues. I'M
seasonably mild weather and rain have
intensified this feature, which is more
conspicuous south, where the decline
in the price of cotton and consequent
chech to shipments are held to be
partly responsible. But the demand
for staples increases on the appearance
of seasonably cold weather, the result
being larger orders for woolens, shoes,
rubbers and holiday specialties
Various Manufa ctured Products.
While Philadelphia textile manufac-
turers are fairly well employed, they
declare it is without material profits.
Boston advices are that foreign woolen
dress goods arc well cleaned up, and
the advance on mems heavyweights Is
sustained. Wool remins quiet, with
fair inquiry, although manufacturers
are not adding to stock. Uncertainty
as to prices OF leather checks buying
OF shoes by retailers, which depresses
the manufacturing industry. There is
less demand for iron and steel, and
prices for standard varieties are lower,
about one-half of the years advance
having been lost. 1t will be borne in
mind, however, that most Of these de-
clines are on sales from stock. A con-
siderable order if placed with makers
might have different effect.
Business Failures.
Business failures show marked in
crease, numbering 39s throughout the
United States, against 279 last week,
POS in the week a year ago, and 35S in
the third week OF November, 1898. In
the corresponding week, 1892, the total
was only 1856. The bulk of the increase
is In the middle and western states.
Exports of wheat from both coasts Of
the United States from Montreal this
week, wheat -four included as wheat,
amount to 2,olo,OOo bushels, against
1926, 900 bushels last week and $685.
600 in the like week in 1891.
Bank Clearings.
Notwithstanding continued evidence
Of a moderate reduction in the volume
of business in recent weeks the total
value Of bank clearings continues Of
large proportions - 81, ,126, ,0o0,o 900 -
which, while it is 81 per cent. less than
than in the third week of November,
1893, and per cent. more than in the
corresponding week of 1892. When
contrastod with the like period in 1891,
this weeks total shows a decline Of
only 10 per cent.
Prices of Staples.
No less striking than week ago is
tho comparatively long list of decreases
of prices for staples, among them
Bessemer pig iron and steel billets,
wheat, corn, oats, pork, lard and
among food products and cotton, Pc
troleum, hides and live cattle and hogs.
Practically unchanged quotations are
reported for turpentine and rosin, TO-
bacco, leather, lumber and coal.
Hallway Earnings.
Net railway earnings OF roads repre-
senting rs per cent. of the railroad
earning capacity of the country point
to steady sustained growth in the
volume Of net receipts for nine months
of the year as compared with year
ago. This favorable showing is not
confined to any one group of compan-
les, but is shared to a greater or less
degree by the roads generally, so that
tho position of the railroad interests of
the country generally is much better
this year than year ago. The central
western, coal, southwestern, trunk,
eastern and granger roads show the
heaviest increases in net over a year