The Portland daily press., 1895-11-09
BRADSTREET'S BULLETIN.
The Review Of the Past Week in
Business Circles.
THE UNUSUALLY MILD WEATHER
AEFECTS BUSINESS.

|
| Demand for Money in the West
Available Supply of Wheat is Very
| Small-The Bank Earnings.
| New York, November S.-Brad streets
tomorrow will say: The Interruption
to general trade throughout the country,
incident 80 the election is enhanced by
unusually mild weather, which checks
the demand for clothing, heavy weight
textiles and other seasonabls goods.
Jobbers at most of the larger distributing
centres, report orders now received
| largely of filling in character. Except
| for iron, steel and cotton the larger
portion of advances in the prices of COM
modities reported since March last large
ly disappeared. The earlier anticipations
of a continuous advance in prices and
demand this year, the outgrowth of the
activity of two and three months ago.
met with disappointment There is little
reason for any reaction in sentiment of
many who discuss business conditions.
Every wave of increased demand since
| the tide began to rise in March has re-
suited in q net gain. The sentiment of
traders generally is that the outlook
promises an active spring trade and
| that the h oliday season will prove salts
| factory. Prices of staples have reacted
Leather, bessemer pig iron, steel billets,
wheat, wheat flour, Indian corn, oats,
cotton and refined sugar are quoted low
er and print cloths almost one point
| higher, although in special instances at
! the western markets there is an upward
tendency in the prices OF bar iron, hogs
| and shoes The prices for lumber, coal,
navl st ores, rice and coffee are not much
chang ed. eeThere is prospect that the
western tanneries will shut down, which
points to higher prices for leather and
may weaken hides. The lower quo
tations for bessemer pig iron and billets,
represent the falling off in orders for
| future delivery, althouh mills and fur
naces continue actively employed. The
leading cereals are lower because of the
excessive supplies.
Lower prices for raw cotton have no
effect on cotton goods, as the latter have
not advanced proportionately.
FEATURES OF THE WEEK.
| The feature of the business week
| among the larger eastern cities is the i'm
proved demand for textiles with an in
creased strength in iron at Pitts burg.
After the recent reaction at the cities in
the Central and Western States, a moder-
ate volume of business is reported with.
out material change, and the complaints
are most numerous from zCincinnaGl.
Fair business is reported from Chicago
in shoes and rubbers, owing to the weak
conditions Wholesale trade there during
October was the heaviest for years.
A good demand for money is reported
from the cattle feeders and corn cutters.
The country banks are carrying very small
Il o1or at E'lT1fr
very freely.
st. Louis reports a larger volume of
trade, while at Kansas City the opposite
s true, owing to the consequences of
the prolonged dry weather last month.
Similar advices are received from Omaha.
At Milwaukee, Minneapolis and ST.
Paul the general trade is quieT, in part,
owing to the mild weather. Grain con-
tinues to move freely to Duluth and Lake
traffi continues active.
At the South the unseasonably warm
weather is complained of, in some in
stances, and there are reports of a de-
creased demand for staples. The prospect
favors an active spring trade. Mercantile
collections are improved, and in a num-
| ber of instances the long standing ac
counts are being paid.
| From the Pacific coast Portland,
| Oregon, reports general trade compare
lively quiet, with dried fruit shipments,
checked by lower prices
At San Francisco the quotations in
almost all lines are lower with the ex-
ception of those for grapes.
| Wheat receipts are increasing at
Seattle, and heavy shipments of merchan-
disc are made to Alaska as we'll as ex-
ports of coal and lumber.
4 November I, the domestic and Canadian
available supplies of wheat are thirty
million bushels smaller than a year ago.
only eight million bushels less than two
wears ago. Available wheat stocks here
and in Canada and afloat for Europe on
he first, gained twenty four million
bus hels against an increase of less than
seventeen million in the worlds visible
supply last year, fifteen million in the
year before. The total exports of wheat
from both coasts Of the United States
this week, flour included as wheat are
2, $50, COO bushels against 1885, 900 in the
week year ago.
BANK CLEARINGS
throughout the United States this week,
aggregate 81, 121, 900, 600, gain of 35 per
cent over last week, IS per cent compared
with the first week Of November, 1894,
and 20 per cent in contrast with q total
for the like week in 1895, and decrease
of less than per cent from like total
in 1892, when the volume of business was
very heavy. 1t is to such exhibits as this,
with greatly increased railroad earn