Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-12-05
BUSINESS RECORD.
Some Commercial Lines Show
Gains, Others Show Loss.
Bank Clearings Make Heavy GAIN
November Made Great Showing.
First Instances for Years That November
Showed Decreased Wheat Supply.

New York. Dec 4-Bradstreets tomor-
row. will say: General TRACE continues
Wholesalers being agreed that there will
| be no business revival TINS year. There
is some activity in holiday goods. Rains
and stormy weather in the South. and
cold and severe weather in the North and
| Northwest. have checked traffic on the
| interior country roads and otherwise
|interfered with the distribution OF mer-
I chandise except at some Northwestern
centers, where more seasonable weather
| has stimulated the demand for heavy
textiles clothing. hats and shoes
Throughout the central Mississippi val
lev there has been no increase in demand
| in wholesale lines. and the South trade is
characterized as dull. Jobbers of dry
| goods report that sales FOR future delIN-
| cry have fallen off.
| Shoe manufacturers report that the
| demand has declined compared with
| the preceding weeks. and Eastern
woolen mills that orders for spring de-
livery are of moderate volume. Trans
actions in wool have fallen off. the
manufacturers buying only as they re-
ceive orders. The situation in iron
and steel is less satisfactory, With I'M
settling rumors as to the success of the
steel pool. and there are comparatively
few sales Of staple grades. With no
lhtliihou 81 IL revival III thc dtili"A'
prior 10 February. Sales of open
hearth steel have been made at
parity with grades which have been
considered cheaper; nails have again
reached on the dissolution of the pool;
tin plate prices have been cut and
bessemer pig irCn has sold down IL
cents a ton.
The weakness in hides continues.
and prices are lower. though thus far
without effect ON the quotations for
leather Petroleum prices have re-
acted ana quotations are lower for
coffee, lard. oats and corn. No mate
rial change is reported in the prices
for pork. print cloths and lumber. bat
those for turpentine tobacco. cotton,
sugar. wheat and tour are all higher,
Exports of wheat from both coasts
of the United States. this week. tfiour
included as wheaD were ; 653 100 bush
els: compared with >. l5e GEO in the first
week in December. 1895. Exports Of
Indian corn from beth coasts OF the
United States. this week. We're 1.76S.
coo bushels. compared with ! Ss7 600. in
the week year ago
Bank clearinss show a heavy gain
over las Week, - per tts.itf+ purify
o,vin, 10 the holiday. last week. partly
TO the usual December dishurse-
nents. The total clearings for the
week at Il cities in the United States.
| were s1..5S.S:5, 600 half of one per
per cent. larger than a wear ago. 3 per
cent. LARGER than the first week of De
| cernber. 1894. l26 Der cent larger than
| 1893. and Is per cent. smaller than in
| 1892. Outside of New York there is a
! loss Of nearly per cent. compared
with A wear ago. and only about one
| third of all cities show increases over
| th. like totals of n wear ago.
| The average daily cIearings. this
week. at all cities was about s20e 600
| 600 against $751; 900 900. last week but
outside of New York, the average daily
clearings was only about $50 600 OOe
| against SIS. 600 coo last week
| The November bank clearincs re-
| fleet the speculative activity following
| the election. Conpared with the
| months Immediately preceding. the
shovino is a good one ONLY cnca he
| for, in 10 Years has The November
total avoaedad that for. October and
with the execution of January the
November total is the heaviest far any
month This voar In snite of this the
total November clearines were smaller
| than a vaar ayo and with New Yorl,
| exclude,l unite q heavy falling off is
| renorfed The total clearings AT e6
cities fo, Novenbar aggregate "a SD
M so. = decrease fro,o a vear ago of
| > < nor cont an increase ovar two
wears ago of 10 ner cent. and over No
yenl,e,. 1902 of - nor cont
| o,tsida Of Nav- Work tha total clear
| mos At all cities foil off nearly II nor
| cont fren, . vaar aro ONLY two
llarga cities show, inerea COS Nov. Vnt.l,
| with % nor cant and Jaltin,ora with
| f. MOI, CONT Tho aacrae,ee. at leadipa,
cities vary from a fraction of / per
cart in the case Of Posto, to as biob
| "a. % nor ron, in tba oasa of prn,.i-
derro Fo,, the II months neriad the
claar;nos show a dacraaea of "a nor.
na,t f,n,,, , ,sar,oo q ,,ai,, ,f - mon.
cent over 1904 a fa1lire. off Of : nnr
cent fro,, the manic vear 1sas
| rrto,., ave- a-a t,,si,,oes f,;l,,,.oe. $40
ported throughout the United States,
this week. an increase of So compared
the CORE SnOfiuin3 week one year ago.