Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-08-08
TWO REPORTS.
Bradstreet's and Dunn's on
Trade Situation.
Business Has Not Been Up to the
Standard Past Week.
Merchants Buying Only When Needed Other
Features Of the Bulletins.

New York. Aug, 7.--Bradstrccts. to-
morrow viii say: In nearly all lines
trade is unchanged and in some de-
partments IS llfcleSs. In the South and
Southwest neat had an unfayorabe
influence. Ihe merchants in all di-
rections continue to buy for needs
only. While it is too carly for eall
trade 10 assume large proportions
the distribution of clothing and shoes
at Chicago has improved somewhat
although less active than a year ago
NJ several centers bankers have pre-
ferred not to loan as freely as hereto
fore. Merchants not wishing to be re-
flushed have accordingly curtailcd re-
quests for accommodation. Mcrcan-
tile collections are SLOW ana in some IN
stances are more difficult to make The
renewed scrutiny OF credits had an
effect in restricting the same.
Iron and steel Industries remain ex-
cessivcly dull. Tho makers of pig are
riing stock. Large lots could be OBJ
tanned 1t concessions. The cotton yarn
manufacturers have agreed to curtail
the production 30 per cont. during Au-
gust. owing to the lack Of demand
he western packing house employees
have been laid off. There is no inn
proVemcnt in wool ana some PhiladeI-
Dhia mills have shut down. Portland
adVices are that no considerable move
nent Of oregon wool will take place
until after election Cotton goods
have remained unchanged. notwith-
standing the higher price for cotton.
The relative activity among the makers
Of boots and shoes is because of orders
on hand rather than new business
Comparatively favorable reports con
"erninS general trade are more numcr-
Gus than in preceding weeks Pitts
purS Jobbcrs report a slight increas,
in the volume sof trade At Baltimor,
there is no marked Improvement and
jobbcrs are receiving orders freely
owing To lower yates Of water freight
Duluth is shipping lumber East freely
Minneapolis jollbcrs report the ship
ments Of merchandise in nearly al
lines about equal to those in the like
week of 1893. Advance orders arr
smaller than a year ago Omaha
merchants report collections above thu
average FOR the season but country
'i''i NUNS "i' 'uN lfiN SlditNSlN-
New aShln%ton wheat will begin
10 move freely soon This is expected
20 improve the trade on the coast. The
favorable condition OF the Texas cot
'"h crop continues t. help johhcrs al
galveston. Notwithstanding the un-
favorable reports as to cotton in Louis
ANA the expected payments of sugar
counties next week and favorable re-
PORTS AS I" the Louisiana sugar crop
tenu 10 stimulate trade at New Or
cams. savannah ana Augusta report
i lalf Nolume 81 business, with inn
p'oNeheht n some lines although col
''cti"hS are SLOW. The exports of
wheat 'iour included as WheaD from
'"th coasts OF the nlted states this
NPrh' were -'f''ooo bushels. compared
WIN l'o'o."'o in the corresponding
week one year ago.
~ eakef quotations for iron and steel
are lolioWed by those for hides. In
1iah corn IS on on effects of the in
FiSe neat ON the crop. wheat in SYM
ptt'E WIN u ana lr"e safes and lack
~ puYlIiG demand Other declines arc
Tor coffee and petroleum. In addition
10 the hiSh price Tor cotton on account
- the damage 10 the crop from the
rNtreihe neat. the prices for sugar.
.9rd ana pork are higher the last tw0