The daily morning journal and courier., 1895-11-23
THE CONDITION OF TRADE
CHICK WHICH HAS BEEN CoNsPIC- UoUS FOR WEEKS CONTINUES.

Mild Weather and Rains Hsve Intensified
 This Feature--Demand for. Staples In-
 creasss-wool Remains Quiet With
 Heavy Inquiry-Amount of the Failures.
 New York, Nov. 22-Bradstreets to- morrow will say:
 The check to trade which has been conspicuous the past few weeks con- tlnues. Mild weather and rains have intensified this feature. which is more conspicuous south where the decline in the price of cotton and consequent check of shipments are said to be partly re- sponsible. But the demand for staples increases on the appearance of season. ably cold weather, the result being larger orders for woolens, shoes, rub- bers and holiday specialt!es. Lake shipments are active and cargoes on outgoing steamers at Montreal are heavy owing to the close of navigation. Complaints are made in Texas of re- duced shipments of cotton and crop estimates there are again lowered. This | is in contrast to later reports on the probable size of the wheat crop, which now place the amount nearly 100, 000, 900 | bushels larger than the crop report last spring. While Philadelphia textile manufacturers are fairly we'll employed they declare 1t is without material profits. Boston advices are that foreign woolen dress goods are we'll cleaned up and the advance on mems heavy weights is sustained. Wool remains quiet with a heavy inquiry
 l General trade on the Pacific presents no new features At San Francisco in- creasing ddsengaged grain tonnage de- presses ocean freight rates. Tacoma reports lumber shipments active and Portland that the lumber business is stimulated by a. combination of mills. Exports of wheat from both coasts and from Montreal this week, flour included as wheat, amount to 2,316,000 bushels against 3,235, 900 bushels last week, B. 1000 bushels in the week year ago. Notwit withstandfng evidence of reduc- l tion in the volume of business in recent weeks the total value of banking clear ings continues of large proportion, $1,- 123,000,000, which while 3.7 per cent. less | than last week. is larger than in the corresponding week last year. When contrasted with the like period in 1891 this weeks total shows a decline of only 10 per cent.
 | Net railway earnings reported by, roads representing 75 per cent of the earning capacity of the country point to a steadily sustained growth in the vol ume of net receipts for mine months as compared with a year ago. The total | gross and net earnings for mine months | this year were respectively $543, 1909 629 and $172,594, 442 increases over 1894 of 5.7 per cent. gross and 8 per cent. net l Earnings, gross and net, in 1894, felE off 13 and 12 per cent. from 1893 during the same periods. The grangers and Pacific roads only show smaller gross returns than a year ago and these de- creases are slight, while the southern roads which show the only falling off in net from a year ago report cor- respondingly small dcrease. The cen- | tral western, coal, trunk, eastern and l granger roads show the heaviest in- | creases in net over a year ago in the order named.
 | Failures number 323 throughout the United States this week against 295 a year ago. The bulk of the increase is in the middle and western states, Al sharp decline appears in clearings as reported by Winnipeg, Hamilton, Tor onto, Montreal and Halifax, as was to be expected with the week short a day, Thanksgiving day having been ob- served in the Dominion on Thursday.