The daily morning journal and courier., 1896-10-10
IN THE MARTS OF TRADE
STIuULATED DEnAND FOR STAPLE
 GOODS REPORTED.

Southern Points Feel n Revlval-Higher
 Quotations for Cereals-Inorease in Bank
 Clearings Over Last week-Increase in
 Number of Failures-Trado in Canada
 and Provinces.
 New York, Oct. 9.-Bradstreets to- morrow will say:
 Colder weather, continued heavy re- ceipts of cotton and wheat, and other influences have stimulated demand for staple goods at various points, lut the volume of trade remains without ma
 terial change from week ago Ths tendency at some centers is to a small CT volume, but the general outlook is for an improved demand after election. Interior merchants adhere to the hand
 to~mouth policy of buying, and whole sale merchants are inclined to examine into credits closely. Except in the cot ton and wheat regions, mercantile col- lections continue unsatisfactory Trade improvement is reported from Atlanta, Augusta, Charleston, Birmingham,
 Ala, New Orleans and Texas cities.
 Print cloths are lower, as are cotton, sugar and oats.
 The recent advance in wheat is firm ly held. as is that in wool, iron and steel Some varieties of pig iron have advanced 25 cents per ton. Higher quotations have been made for wheat | flour, Indian corn, pork, lard, coffee, petroleum and leather, and advice; | from interior markets are that the gen. eral produce trade shows more active demand and presents a brighter pros- pect. The Pacific coast reports increas- | ing activity in wheat, the noteworthy feature being a cargo of wheat export ed to India. Total exports of wheat from both coasts of the United States
 and from Montreal, flour included as wheat, continue to attract attention in
 view of short supplies in Russia, India, Argentina and Australia.
 The domestic wheat crop is more | likely to approximate 500,000000 bush els this year than only 400,000,000, the | general interpretation of the govern
 ment wheat crop report. With the prospect favoring an exceptionally | large demand for wheat for export within the next six months, larger supply than heretofore reported is like 1 ly to prove fortunate. The total ex- 1 ports of wheat this week amount to TIP busels, against 2,244,000 in the l first week of October, 1895. The world g available wheat increased 00C | bushels in September, approximately half more than in September in three preceding years. The present
 worlds total of available wheat is smaller than at any corresponding date since 1891
 | Bank clearings throughout the Unit ed States aggregate s1,059, 100000 this week. IS per cent. more than last week but per cent. less than in the core spending week one year ago and 10 pei l cent less than in he.week of 1852, Wher i the volume of business was of full pro- 1 portions. Total earnings of eleven rall' roads for the month aggregate $38, 29l, ! ITO, a decrease of seven-tenths ot one | per cent In August the falling off was 24 per cent, the first decrease reported ] for more than year. For nine months 1 gross earnings on Ill roads aggregated l $316, ,000, 000 @ gain over year ago ol
 46 per cent, following a gain in 1S9E
 over 1894 of 4.5 per cent.
 | There are 291 business failures in the 1 United States this week, an increase ol r as compared with the first week 1T | October, 1895.
 General trade at Toronto is withou'
 feature, except that colder weather has
 exercised a slight influence in stimu
 lating demand for reasonable goods l Orders for dry goods are received witt | greater frequency by Montreal jobbers
 but the amounts involved are small an(
 September's total volume of genera ! trade is less than that of a year ago Prince Edward Island farmers are sat isfied with the crops and while New
 Foundland reports the Labrador fisher ies failure the shore fishery is said t'
 have been unusually good. Banl elearings at Winnipeg, Hamilton, Tor
 onto, Montreal and Halifax amount t'
 $21, ,145,0 ,000, decline of about per cent
 as compared with the correspondins
 week enc year ago. There are S7 busi
 ness failures reported from the domin
 ion this week against 54 a year ago.