The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-12-05
FREAK IN THE TRADE BOOM.
o DECIDED REVIVAL LOOKED FOR
THIS YEAR.

he Volume of GeOeraI Trade Only
Moderate but Much Larger Than
just Before the Election - The
Speculative Activity Following
the Elimination of the Silver
Scare From the Situation Shown
in Largely Increased Bank Clear
ings.
New York, Dec. 4.-Bradstreets to-mor-
Tow will say: General trade continues in
noderate volume. jobbers and wholesalers
Peing agreed that there will be no business
Revival this year. There is some activity In
oiday goods. Rains and stormy weather
fouth and cold and severe weather west
nd northwest have checked traffic on in
|erlor country roads, and otherwise inter-
|Fered with the distribution of merchandise,
#xcept with some northwestern centers,
Fhere more seasouable weather has slim
lated the demand for heavy textiles,
H.othing, hats and shoes. Throughout the
central Mississippi Valley there has been
70 Increase in the demand in wholesale
mes and at the south trade is charac-
|Ferized as dull.
sales of open hearth steel have been
mace at parity with grades which have
Peen considered cheaper; nails have again
feacted on the dissolution of the pool; tin
pate prices have been cut and Bessemer
Pg iron has sold down to l5c ton. The
"eakness in hides continues, and prices
Pre- lower, though thus far without effect
r. quotations for lumber. Petroleum
fees have reacted and quotations are
0"er for coffee, lard, oats, and corn. No
material change is reported in prices for
poFk, print cloths and lumber, while those
or turpentine, tobacco. cotton, sugar,
wheat sa and -four are all higher.
November bank clearings reflect the
speculative activity following the cleo
ION Compared with months Immediately
preceding, the showing is a good one.
Syly once before in thirteen years has the
november total exceeded that for October.
%na with the exception of January, the
,soyember total is the heaviest for any
soHIh this year. But In spite of this, the
la November clearings were smaller
nan nan year ago, and with New York ex-
r ,u4ed quite heavy falling off is re-
oi.iu Inc total clearlngs at sixty
'Nes Tor November aggregate 81. 1854 SO7, S04
decrease from a year ago of 2.S per
III outside of New York the total clear
~ ~ al all cities fell off nearly II per cent
4, 0,i Il year ago. Only two large cities
Lhe country show an increase-New
AZ with S.6 per cent. and Baltimore with
- mere are 359 business failures reported
tbt. Ighout the United States and Canada
s as week, which Is an increase of S.
co'npared with last week, and "A as
Yea s,pa ar with the corresponding week one
In - ". Dun & Co., viii say tomorrow
clal ,Iielr weekly review OF trade: 'sThe
Ssasslled failures for November given to.
v,. snow gratifying red ct on compared
AM t" october, and are especially import.
an any as showing that the peculiar disturb.
W. during the Presidential campaign
ana y swelled failures 100000 Ia August
tr,r, September, did not prevent quick re.
ON 70 a monthly agreement scarcely
6lia,ler than that Of May. Defaulted liza.
7ae YES ,le IN eleven months have been $685..
rre'o'' against Si4s. 544 202 last year, the IN.
tboase being only Sl4.Oo0OOO outside OF
''Se TWO months, and this remaining IN.