The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1895-07-27
TRADE rs FAIRLY ACTIvE.
Tendency of Collections is Toward Greater

Ease.
New York. June 26-Bradstreets to-
morrow will say: The most striking fea-
lures of the week are the Influences Of
improved crop prospects and the con-
tinued demands for iron and steel, with
one of the largest makers in the mar
ket as a buyer Of Bessemer pig. Most
Of the commercial and industrial fea-
lures of the preceding week are retain
ed Thegvolume Of trade has not varied
materially, but in instances is larger
than at a corresponding period last
year. Trade in almost all lines is fairly
active for the season, and the general
tendency Of mercantile collections ID
toward greater ease. Commercial trav-
elers are being sent out in all leading
lines, and reports from those now on the
road appear to meet expectations. To-
tai bank clearings in the United States
this week amount to 1927 100000, a de-
crease of about 10 per cent. from the
week before, but an increase Of fully
20 per cent. as compared with the week
in July, 1894. Contrasted with the corr
responding total in 1898 this weeks gain
Is per cent, but as compared with the
last week in July, 1892, the falling of ID
6 per cent. The price record this week
Is rather more pronounced in showing
the strength of the upward tendency
than last week or the week before.
Among the more important staples
lard alone is reported lower. Among
the long list Of staples for which prices
are unchanged are wool, cotton, corn,
sugar, pork, flour, brown and bieached
cottons and copper. More conspicuous
advances are found i'm wheat, Besemer
pig iron and steel billets. There were
also advances in quotations for leather.
oats, coffee, print cloths and in galva-s
nized and black sheets. Among large
cities no striking changes in trade are
reported, with the exception Of an in-
provement in industrial lines and in the
lake trade at Buffalo. Pittsburg fur
naces are sold months ahead. Central
western cities, among them Cleveland
Detroit, Cincinnati and Louisville, res
pert the usual volume of midsummer
business. Iron and steel industries are
refusing orders except at full prices.
A fair business is reported from Kansas
City, and rains throughout Kansas are
&S-~ssf
future. Excellent crop prospects in Me-
braska have resulted in more activity
at Omaha, where trade in some lines is
in excess of that of 1894. At northwest-
ern cities--Milwaukee Duluth, Minne-
apolis, st. Paul and Sioux Falls-there
is the customary volume of midsummer
business, with prospects of a greatly
improved fall trade. Lake traffic his
increased, the flour and lumber INDUS
tries are more active and jobbers ln
general lines anticipate an early in
crease in demand for staples.
The feature Of the week at the south
is in the rather more satisfactorily report
from Memphis, Chattanooga, Augusta
and Galveston, where orders have been
received in some instances in excess OF
expectation, and the volume OF business
is larger than at the corresponding per
riod last year. At such points as
Charleston, Savannah and New Orleans
no material change is reported as COM
pared with week ago, and the like ls
true at Birmingham. Atlanta reports
rather less doing in dry goods, notions
and groceries, but that the outlook for
trade this fall is good. The volume on
business has fallen off at Jacksonviile.
The most disturbing influence in Lou1-
siana is the Withholding Of payments
of the sugar bounty.
Most conservative reports ON the Pa
cific come from Portland, where the
condition of trade is fair. San Francis
co ranks next with a generally improy-
ing condition of business.
Seattle announces damage to the
wheat crop in Washington, and that
not all the hop crop there will be pick
ed because of the low prices-probabiy
not over 10000 bales. Business is more
active at Tacoma, where importations
of tea are good.
The number of business failures this
week is 237, against 237 in the week
year ago.
The seasonable trade reported char
acterizes the condition of trade at Mon-
treal, where less uneasiness is now feia
over the possible consequences OF the
bank embarrassment there. Tn prov
ince of Quebec is suffering from grass
hoppers and needs rain. At toronto
business remains quiet. In Nova Scotia
trade is rather lighter than usual at this
season. Advices from Labrador are
that the fishing season will be pros
perous one. The New Brunswick hay
crop is light. The number of failures
in the Canadian dominion this week IS
twenty-five, against thirty-two IN the