The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-11-28
Tells Why Business Does MOI
Seem to Get Better
DEMANDS DISAPPOINTING
Failures This w eek 800 Against
279 Same Time Last Y ear.
MILLS WANT LESS COTTON
Bradstreet Says Confidence IN Revival
Which Has Not Yet Appeared Was
Responsible For Some Mills
Starting Up.

New York. Nov. OR. q. Dun 4
Co.'S Weekly Review OF trade to-mor-
row Win say;
When the rush Of orders after the
election slackened, many began to think
business dwindliug. Subsldene Of de-
ferrea orders Is not decrease Of business.
Broadly speaking, the gain has been
greater than any body expected, aud II
Il mot surprising il q small part OF it Is
in excess af the present consuming dc
mand,
.RoportS from all parts q the country
show clearly the enlargement OF TRADE,
uat al aa points IA she same branches,
but everyvhere helped les moro comb
dent feeling. Extremes of weather have
made tbe work not altogether good for
retail trade but la that line also there
IS Improvement on the whole.
Wheat has risen over s cents Tor the
week. without material change IN forelgn
a6lxlccS which have been en- the Whole
les stimulating The most important
factor ia the wheat market is that the
visible supplies do not gain as much as
has been expected.
Cotton has gained only q sixteenth,
after its considerable decline and the
ralerable heavy movement puts the spec
nlators for au advance in constant diff
culties and yet there is ali the time to be
remembered the fact that the crop was
nearly one month earlier than usual and
the rreSent excitement over last years
increment may be materially reduced
hereafter. Nevertheless the fact ap-
pears that the nothern mills are taking
much less cotton than in previous years
and the demand for goods is evidently
disappointing.
Failures for the week have been 800
In the United States, against 2T9 last
year. and 3 in Canada, against 81 last
year"
New York. Roy. Bradstreet's to-
morrow VIII say:
last weeks disappointment at the
lack Of demand in general lines continues,
the intervention Of holiday having
made trade quieter and the volume small
Ter. At some points of distribution there
is no change in the situation. Mild and
unreasonable weather prevents a more
active distribution Of clothing and heavy
goods and the volume moving is smaller.
Where business has been more active it
IS due to flling-in orders and to demand
for holiday goods. Confidence in revival
Of demand, which has not yet appeared,
was responsible for the starting up Of
some IllS ana factories ABlch are us
satisfied with their prospects. The most
encouraging reports are Of an improved
tone Of trade and favorable outlook
for 1897.
"The large number of changes in
prices of staples were downward this
week. Exports of wheat, -four included
as wheat (froIn both coasts of the Uni
ted States, Newport News missing)
amount TO 3,641,518 bushels this week,
against 1887, 900 bushels last week; .
100000 bushels in the week one year
agon; 2,G67 coo bushels in the week two
years ago: 2,440,000 bushels three
years ago andas compared with 4,533000
bushels IN the corresponding week Of
1892. Exports of Indian corn this week
amount to 2,G51 ,G63 bushels, against
100000 bushels last week.
BANK CLEARINGS.
New York, Nov. 27.-Total bank clear
ings 1885, 800 13. Per cent increase,
60 Exclusive Of New York $3.50, 952,
254; per cent decrease, SO.