Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-03-21
BRADSTREET'S REPORT
Stormy Weather Of Fast Week Cam.
UnfavorabIe Trade Showing.
Every Branch oil Business AAected-,..
Clearings-failures.

New York, March 2o.-Bradstreer
tomorrow, viii say: General 49,
throughout the United States far 81
quarter Of 1856 Is disappointing scs
the Improvement In industrial
commercial lines between Marob :.
September. 1895, is recalled, fccpr,S-.
az IL did. tWO years after the panie
1899, the reason would seem IN h..
been behind the confidence that :
current calendar year would bri,s
general revival The most fayor..,
reports at this time are those VIII.
declare the volume Of business ~,
equal to. in few Instances in exeess !,
Ike the total. a year ago.
The fact that the interior rner.b.,.
are buying more freely in Mlsso,r,
Kansas, Oklahama and parts. Of <.
braska, where the SNOW and rain u,s-
pared the soil for crops. constitutes n,
only favOra bic announcement for u
week. In almost all other parts Of n.
country, east Of the MisslssippI II.
stormy weather has tended 10 chez
the volume of business and stiu IN,
Their restrict mercantile collectlos,
which have now been exceptlonap.
SLOW for more than a month. m.
winters jobbing business in staple lin.
with few exceptions, is unsatisfaeto,y
as has been that for the comm.
spring
The prolonged falling of in the d..
mand in the iron and steel. c0ttos
WOODEN and shoe industries presents r,
sign Of early Improvement AS con.
sequence, hides. leather and shoes all
are weaker-in some instances lowe,
Ginghams and print cloths are sold 70,
less money within a week. and the d.
mand for American wooden goods -,
mains in marked contrast 10 the active
request for like goods Of foreign make
The quotations for some grades Of Iron
are lower than last week without
prospect Of immediate Improvement
The wholesale trade in mems ware
including clothing. is depressed by the
heavy stocks carried over ana the los
for domestic wool have sent
some abroad.
While the distribution Of mer.
chandise in the Northwest is not as a..
tive as a few weeks ago. it is of Larger
volume than year ago. The county
bankers in that and the regions fur.
Their south have been Withdrawing
Chica 60 balances. Northwestern job
befs continue confident of a revival o.
the country demand. General business
at the South remains unchanged arl
also at Portland and Tacoma on the
Pacific coast. Some Improvement is re-
ported at Seattle, and the lumber mills
in the state Of Washington are soCn
expected to advance prices.
There is decline in the total exports Of
wheat flour included as wheat from both
coasts of the United States, this week, tie
iotal amounting to 1,592, 900 bushels,
against 2, 40l, GOO, last week, and 2,9ss,.
700 in the week, year ago This is the
luallest grand total of exports of whea
with wheat flour included) since the lar
week of July, 1895. The exports of In
liam corn, this week, were / SOC, go
Iushels against $4,000 in the week, year
go.
In addition to the reactions In The
outations noted. the prices for whest
lour, wheat, pork and lard are lower,
ghile those for Indian corn, sugar, raw
nd refined, cotton, crude and refined
etroleum are higher The continued I'D.
anee in the price of cotton. in face OF the
eductions in quotations for manufactured
thereof, during the fortnight
Indicate that the expectations of large
new crop of cotton has been permitted
0 unduly attract attention from the COM
arative shortage OF the present supplies.
A more moderate volume OF general
rade is reflected in bank clearings, the
week total, 1870, 000 600. continuing the
ecent tendency TO get bel wv the 81 ,000,-
100. 600 mark. There is, nevertheless an
Increase in the aggregate clearings
to 3.5 per cent. over last week
md 80 per cent. compared with the third
week of March. 1895
The unusually large number of failures
Turing the first quarter of the current
ear promises to make record The to-
nj for the current week throughout the
'ountry is 500, or Is more than last week,
Is more than in the like week of 1926,
md lC3 more than in the corresponding
week of 1894.