The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1895-01-10
BUSINESS WORLD.
BRADSTREBT'S AND DUN'S
WEEKLY REVIEWS.
No Material Improvement In Trade-Fu-
ture Prospects Not Encouraging.
Prices of Commodities the Lowest
Ever Known-Review of
Finances.


New York, Jan. 4.-Bradstreet's tc
morrow will say:
There has been no material improve
ment in general trade within the week
Jobers and other wholesalers are sending
out, or about to send out commercial
travellers, and in many instances have no
finished the years accounts and stool
taking. A tabulation of Bradstreet',
telegraphic reports from the more import
AM trade centres does not reveal special
~ Hopeful views as to an improvement
m business in the near future. In many
lnsta ices trade revival is depending on 9
J settlement of the currency question. The
most encouraging expressions of opinions
are tnat the merchants are hopeful. A.
among the more favorable conditions are
reports that stocks of goods of all des-
eripuons in the hands of jobbers, manu-
tactu rers and retailers west and north
west are generally smaller than usual at
this season, that the business of the year
m dry goods, hats, shoes, millinery and
sroc cies has been fairly satisfactory, and
the cold weather has stimulated the de-
man for coal and seasonable fabrics.
aiAgraphic communication in the
northwest on the Pacific coast has been
interrupted by storms and the movement
81 corn, sugar and rice in Louisiana is car
ried along with the demand. Less favor
BILE ia the announcement of the lowest
price on record for corn and steel, and
bessener pig-iron and steel billets, each
having declined 10 cents a ton. The sill
yer lining is found in an advance Of 25
cents ton in shipping sales to Northern
{atffets from Southern points for pig
irc y production. Print cloths are weaker
and cell at shade under last weeks quo
tauons. Coal too is fractionally lower,
as are raw sugar, Indian corn, live cat
dc and hogs =, oo.H
Foreign competition with American
WoolAn dress goods for the spring de-
livery is sharp, and domestic fabrics are
rhthet neglected, although many mills
are Ousy on orders for mems wollens.
cheaper grades of shoes at Eastern fac
tories are higher as are wheat and lard.
Jptal bank clearings at 90 cities in the
United States, officially reported to
Bradstreet's, aggregate for the calendar
year 81, 995, 100000, 16 per cent less
than in the panic year, 1893, and 26 per
cent less than in 1892, the year of the
largest volume of bank clearings. Clear
ings for 1894 constitute the smallest ag-
gregate for nine years.
Total exports of wheat flour included),
both coasts of the United States (the tele-
gram from Portland, Ore, not yet receiv-
edl amount to 2,SS4,000 bushels against
1,Sl4,000 week ago, 3,196,000 bushels
in tie week year ago, 3,00S, 900 bushels
two years ago, 5,421 900 in 1892, and
compared with 2,076,000 in 1891.
Ayailable wheat, United States and
600 bushels, 100000 more than one
year ago, 100000 more than two years
ago, and 44,000,000 bushels more than
hree years ago.
Wheat afloat and in Europe on Janu-
ary l. aggregated 57,744, 900 bushels, a
falling off of % 100000 bushels from one
year ago, 10,500,000 less than two years
ago, and 100000 from three years ago.
The most bullish feature of Bradstreet's
stocks is found in the net decrease of
as, 100 bushels in available supplies of
I've United States and Canada during
December last, whereas, in four preced-
ing years. December available stocks of
Wheat here and in Canada each reached
an average of between four and five mil
lion bushels. Available wheat in the
United States, Canada, Europe, and afloat
for europe. January 1, increased only
Lie 900 bushels in December; in Decem-
Der 1893 there was decrease of 163,OOO
bushels and in the year before gain of
9, SIS 900 bushels.
The least bullish feature of the report
ig the supplementary report, giving I'M
couuted stocks of available Russian
wheat at the interior. These are re-
portad monthly from June 1, last, when
they amounted to S.S00,000 bushels.
Since then they have doubled, the total,
January /, 1891, being 17,6OO,OOO bush
els. -,
At Toronto business is quiet and the
prospects are thought not favorable, al
though stocks of merchandise generally
arc small