Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-06-20
THE WEEKLY BULLETIN.
Bradstreet's Says Uncertainty OF
Money Has Hampered Trade.
Number Of Failures More this Week ihar
Week Year Ago.

New York. June 19.-Bradstreet's S.
tomorrow. viii say: The national
Presidential convention in the opening
duliness explains the increased restric-
tion in the volume of the general
trade In Industrial lines. there is no
improvement. In iron and steel, the
prices OF some varieties tend lower
Buyers manifest little interest as tt
requirements.
The present activity among dry
goods jobbers is confined to working
off odd lots preparatory to stock TAX
ing. Manufacturers of cotton have
cut quotations to attract buyers, while
there is an increased activity in fan
nols for the fall delivery. recently
opened. Fall prints have found new
buyers.
The practical end of the strike and
boycott at Milwaukee is followed by a
threat of the iron and steel workers
at Pittsburg to strike If not granted
an advance by July /. The movement
o: merchandise is smaller in volume
than n week ago. the greatest activity
being shown in hardware. groceries,
drugs, paints and clothing. The man
ufacturers of woolens are reported
more hopeful and to be making in
quiries as to supplies of raw material
the quotations for wool at the interior
are still above parity with seaboard
prices. At the Eastern centers the
lumber trade has been Disappointing
At Baltimore, the general trade is
very dun although some merchants
are preparing to send travellers South
The crop prospects in Texas are un-
tavorale, owing to the lack of rain.
but are quite satisfactory in South
Dakota and the West into Washington.
feature of the business week on the
Pacific coast is that non union fisher
men are supplying Portland. Oregon
canneries with salmon under guard OF
the state militia. Relatively the most
favorable trade report of the week is
from Chicago. where the inquiry foi
iron and steel has increased and speci-
fications for work are coming forward
more freely. This created a better feel
ing. The business outlook there Is
more favorable.
Chicago jobbers in dry goods cloth
ing and shoes report fair sales for the
fall delivery. packers have made
heavy sales of hides at the best prices
of the year
The exports of wheat (flour included
as wheat from both coasts of the
United States. this week. We're 5000 .00C
bushels, against 2.S57 900 in the week.
one year ago.
The prices of only four of the most
important staples have reacted this
week, wheat, lard. sugar and barbed
wire. Practically unchanged quota
tons are recorded for wheat flour,
cats. coffee. print cloths. leather, iron
and steel. while there are advances for
Indian corn, pork, cotton, petroleum
and spirits of turpentine. The bank
clealings throughout the United
States amount to x1.03S. 100000. this
week. an increase of 1916 per cent. over
the preceding week. decrease of 3.5
per cent. as compared with the CORE
spending week, one year ago. When
Contrasted with third week of June,
1894. the period of extreme depression
after the panic in 1898, this weeks in
crease is % per cent.
The failures throughout the United
States. this week. number PCS, COM
pared with 231 in the week, one year
ago.