The Coconino weekly sun., 1896-11-05
REVIEW OF TRADE.


business stagnation InoTkent to Dsyu Rro-
ceding Election-Ths Weeks FsiluEos.
New YORK, Oct 3L-R. g. Dun .
Co. q Weekly Review of Trade says:
A market without anything but politics 10
rule 1t is not often seen Business is almost
sbolished until after the election by the extrs-
ordinary pressure for money, by tho tndispo-
sition Of anybody to sell who thinks great
change for the better is near. by the feeling
that 1t is now Of no use to contract or buy,
when SO little time remains before q. decision
and by the general absorption Of business men
In political activity. The feature Of tho week
has been the pressure In the New York money
market. In spite Of the heavy arrivals OF gold.
Quo tations Of call loans at 100 per cent or
more have no real meaning. except that. with
practically four holidays to come In succession.
ther' is really no markst
Wheat has declined sharply, but L. rising
again, closing about hc lower for the week
Heavy realizing Of TIE spot sales, extrsme
mone etary pressure in carrying supplies and
belief Of foreigners that they can get what thsy
want az lower prices by present ahstention.
have materially helped the powerful Chicago
influence. which has labored to depress prices
The speculation in wool continues, and has
taken during the past four weeks s682l ,lUO
pounds. against q. .78s, $50 last year and $685.
053 in 1892, although less than half the capacity
OF mills is employed Il Is gratifying feature.
uOWcVot, bnht 8DOut IL cSCoDllsnmcutS nave
started during the week. In confidence that
business will be larger hereafter. There Is yet
only slight improvement in the demand for
lightweight woolens Iron has been bought
largely by spectators
An encouraging feature is o further advance
in prices Of leather. wool. bessemer pig iron,
wheat. Indian corn, lard, raw and refined
sugar and for crude and refined petroleum.
Only moderate orders have been placed for
woolen goods for spring delivery. but manufac.
turers are disposed to buy some raw material.
Total exports Of wheat flour included as
wheat), from both coasts Of the United States.
amounted to 3.3i0,00J bushels this week, ex.
elusive OF shipments from Galveston. no re-
port OF which has been received. compared
with 4.o67,0N last week. 2,7i3,000 in the last
week Of October 1895, 2,83i000 bushels in the
like week Of 1894, 2.860,000 bushels in 1893 and
as compared with 3.7i40O bushels In the cor
responding period OF ls92. Exports Of Indian
corn amount to S,597,0oo bushels this week.
nearly 100000 bushels less than last week, one
third more than in the corresponding week Of
1895, Is times as much as In the corresponding
period Of 1894 and three times as much as 10
like weeks of 1893 and 1892.
Mercantile failures throughout the United
States have declined in number this week, tho
total being 2i6 against 202 last week. 299 In the
same week one year ago. 1853 in the correspond
ing period two years ago and as compared with
8s3 in the like week Of 1893 There are 81 BUSH
ness failures reported from the Dominion Of
Canada this week. against 48 last week and
like number In the same week one year ago.
but as compared with 46 two years ago.