The Providence news. (Providence [R.I.]) 1891-1906, 1895-02-14


weather interference with trade, the
cold wave with accompanying bliz-
zard having been in evidence for about
half OF the period; nevertheless
the innate Vitality OF this market is such
that II requires lower temperature than
the minimum OF last week to very sensi-
bly, depress 1t, so the volume OF business
transacted during the period under re-
view to be quite up to the weekly average
since January, that is to say, upward OF
three million pounds OF all kinds of
wool. There is, moreover, no mate
rial change In market conditions; the de-
mand Is In character quite general, and
includes every sort embraced in the list
usually offered In Boston. With the large
aggregate sales since New Year, stocks
of certain kinds must, in the nature OF
things, have become considerably de-
pleted; yet, somehow or other, II has been
found when stock has been wanted it has
always been Forthcoming from one source
or other. The market holds very steady,
with no change in quotations.
The sales OF the week amount to 2, ,2S6, 800
lbs. domestic, and $4,000 lbs. foreign,
making a total OF 3,114,600 lbs, against
total OF 3,459,75O lbs. for the previous
week and total OF 1,973, 500 lbs. for the
corresponding week last year. The sales
since Jan. 4, 1895, amount TO 20975, $50 lbs.
against 900 lbs. a year ago.
The sales in New York amount to 761,-
200 lbs. the sales in Philadelphia aggre-
gate 1872, 800 lbs.
General Financial Notes.
The London market for Americans is
strong with fractional advances in every
direction under the leadership OF Louis
willie & Nashville. The improvement is
due to the belief that Congress will take
favorable action on the gold bond propo-
osltion.
The receivers statement on ID. @. +.
says that the assetg seem to exceed the
liabilities by several millions of dollars.
w. K. Connor was elected director Of
the Wheeling d Lake Erie railroad yes
terday, in place OF A. A. Soper.
The receipts at the Chicago stock
yards last week were 40, ,401 cattle, against
37,473 the previous week and
9S,752 a year ago; calves,
1199 against 1914 the previous week and
1903 year ago; hogs, 153.263. against
l74,S53 the previous week and LOG, 1S9 last
year; sheep, 61,479, against 64,l40 the
previous week and 81 7,SSs last year.
The Northern Pacific receivers have filed
a report showing receipts for December of
sS,736,oS7; disbursements, s2,77O,24S. the
net balance carried forward to January
account was S2,702,315.
The Wisconsin Central Railroad re-
ceipts for December were S519, ,Sl5, includ-
ing s250,0O0 from receivers certificates;
disbursements, s55i,3i2. The net balance
carried forward was 1861.
A Mexico City special says that the duty
on raw jute has been removed, but will go
into effect again in July, when duty on
jute bags will be doubled.
Late Financial Notes.
e. b. Cuthbert & Company of New York,
wire A. p. Weeden d Co., as follows:
Cotton advanced to points. rhe
trading was less active but
the market showed stronger
undertone throughout. The receipts
at all the ports for the day were only
10,445 bales which together with every
prospect OF the moving crop light
during the next 10 days on ac-
count OF the severity of the weather
prevailing throughout the cotton belt
stimulated the market and restrained the
bears from increasing their short inter
ests.
The speculation in wheat both in New
York and in Chicago was very tame, the
extreme fiuctuGtion not exceeding * to n
cent. Both markets opened Is to
Ia lower recovered this and ad-
advanced q and finally left off at about
last nights prices. Corn was firmer with
some shorts, covering and fair demand
from 81 .ppers. Prices in Chicago closed
y to x higher and q to Il cent higher in
the New York marker.
Providence Clearing House.
The clearing of the Providence banks
today amounted TO s663, 800.