The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1896-06-06
CONDITION or TRADE.
Bradstreets Report on Condition of Coun
try's Business.

| New York, June 5.-Bradstreet's to-
morrow will say: General trade con-
| tinues depressed in almost all lines.
! Demand is smaller than a week ago,
and request and and offerings of COM
mercial paper have decreased. Mercan-
tile collections continue coplained of,
and the tendency of prices, particularly
of cereals, sugar, pork, products, cotton
and cotton goods and iron and steel
continues downward. ...
AT the south the more favorable fea-
lures are the rain which has visited
South Carolina, Georgia and Alabama
with benefit to the crops and about one
sixth increase in the cotton acreage Of
Texas; higher prices for rosin and a
larger volume of business at Nashville,
| Charleston and at Baltimore. Nebras-
ka's crop prospects were never better
| There is a moderate increase in the de-
mand for dry goods at Chicago but
business there generally is disappoint-
ing. The check to trade at st. Louis is,
in part, the result of delays in distrib-
ution of merchandise on account of the
late storm. Unseasonably cool wealth
er and rain have interfered with retail
trade in territory tributary to Kansas
City.
Eastern advices are that wool is dull
as ever with larger stocks of old car
ried over than for years, and very light
demand for new clip. In the face. of
this, Portland, Oregon wires that
about 1000 tons of wool will be han lied
at The Dalles this year and that it has
begun to move, but that eastern buy
ers haxe not put In an appearance.
Makers of cottons for export are doing
relatively the best business. Over
supply of cotton fabrics continues to
depress prices. Much wooden goods
machinery continues idle and sales CT
woolens for fall delivery have not held
up as expected.
Shoes continue firm, and factories re-
port large orders on hand which
strengthens leather and hides Iron
and steel prices in some instances are
maintained by the strength of pools.
Either consumers are resisting de-
mands of combinations by withholding
orders or nearby wants for staple
makes of iron and steel have been
overestimated. Production tends to
j decrease.
Total bank clearings throughout the
United States for the past six business
days amount to sS67OO0,0O0, five per
cent more than in the preceding week,
but fourteen per cent less than in the
first week of June, 1895, and only seven
per cent larger than in the correspond
ing week of 1894.
May bank clearings, 1896, show not
only heavy falling off from May a
year ago, but are smaller than the
April total, something which has oc-
Cured only twice in thirteen years.
| Two-thirds OF the cities report smaller
clearings in May this year than last,
| and every group reports a falling off.
The smallest relative decrease is from
the south. The middle and southwest
4 ern states report heaviest declines. To-
tai clearings at Sixty-nne cities for
May aggregate $4 4,21S 900 0cO, a decrease
of thirteen per cent from May a year
ago, of IA per cent from April this
| year, an increase of 81 per cent over
| May, 1894 but decrease from May,
1898, a period of industrial share panic.
For five months clearings aggregate
$21 ,277 7,749,614 this year, an increase of
10 per cent over 1895, of lat per cent
over 1894, but a decrease from 1893 of
twenty per cent The number of busi-
ness failures throughout the United
States this week is 1856, compared with
236 in the first week of June, 1895
Exports of wheat, -four included as
\. a G IL. I
States, this week have been the largest
since the third week in January,
3,209, 900 bushels, against 2,291, 900 bush
els in the first week of June 1896 The
most significant features of Brad
streets report of worlds available
wheat is the relative increases of
Leading importing countries have
permitted producers to carry a larger
proportion of worlds stock of available
BILE wheat since 1898. Supplies afioat
for and in Europe two years ago were
$4,000, ,000 900, one year ago $4,000, 900 and
on June /, 1896, AZ ,000,0 900 bushels.
General business in Canada is dull,
merchants buying for necessities only.
Jobbers at Montreal expect a fair sea-
sons business. At Toronto demand is
confined to sorting up orders. Trade is
! light in Nova Scotia, but the weather
has been favorable to crops. In New
Brunswick lumber shipments are act
i've, but trade in other lines is dull.
Bank clearings at Winnipeg, Hamilton,
Toronto, Montreal and Halifax amount
to almost $22, 900, 900 this week, heavy
increase as compared with last week.
The corresponding total one year ago,
however, was about $500, 900 larger than
| it is this week.
There are twenty-nine failures report
ed throughout the Canadian dominion,
against twenty-seven in the week a
year ago.
Suicide Rather Than the Axe.
porIi,o limo IA criminal pan1ed