Phoenix weekly herald., 1897-10-07
STATE OF TRADE.
Summary From "Bradstree.'s,"

U
 There is a check to the onward sWeel = of demand in staple lines so noticeabl s throughout the country for the pas g six weeks. The yellow-fever quarantine = which extends from Texas to Georgia ? has brought wholesale business to practical standssill througaout th, greater portion of the region em mbracec } by the Gulf States. At cenbers of dis l tribution in eastern, middle and cen. } srsl-western States the recent activity in dry goods, hats and hardware has
 fallen off, but at the north west and or ) the Pacific coast buying by interior
 merchants and the free distribut tion of
 merch sndiss continue to be features.
 Demand for heavy textile fabrics has
 been stimulated by colder weather, and St. Lou!s merchants say the yellow
 fever scare will have DO effsct upon
 ants had supplied themselves there be-
 tore the quarantine was enforced. The outlook for business in parts Of Texas, l Arkansas, Tennessee and Georgia is for
 8 much duller season than has been ex-
 pected. Favorable features of the 1 prices for iron and steel, heavy sales of l Bessemer pig iron, steel billets and rails, and prospecs that iron and steel | prices will go higher fn the nearby future. Wool is also higher and woolen | goods for 1898 delivery are up 10 and 15 l per cent, with the outlook favoring 0 further advance. The increased volume of general trade is also stimulated by the consiuued heavy movement of cereals to tidewater, the almost unpre-
 cedented large quantities exported each
 week. and ths increased number of peo-
 pie finding employment in industrial
 and commercial lines as compared with
 year ago, together with the tendency
 of gold 50 come heFe from abroad.
 The prices movements parallels that
 of last week, thsre being noteworthy ad-
 vances for Iodisn corn. coffee, foundry and Bssse mer pig iron, steel billets and Fsile. wire and wirs nails, several'grades of lu ID Der and wool and woolene. while, almost exactly as last week, decreases are announced for wheat, oats, wheat flour, lard, beef and cotton. No changes are reported in quotations foF sugar, | pork. print clothe, lead and copper.
 Bank clearings st 77 cities through | out the United States, received by tele- | graph CD the 24bh inst. exclusively by l Bradstreefs, aggregate 5l 1867 ,00O, ,0O0, 8 l decTesae of 1.6 per cent. from last weeks extrsordin sFily heavy total, but an increase of 60 per cent. compared with the corresponding aggregate in 1896 and 37 per csnt- compared. with the ike total in 1895, period in which the volums of olesrings was somewhat aug mensed alter the depression in trade in 1893 and 1894 This weeks gain over clesrings for he third week of Sep sember, 1894, is 65 per cent. ;,comp pared with 1893 1t is 70 per cent. and with 1892 14 per cent. IL Is ? per cent heavier shsn in the like week of 1891 and nearly per cent. larger than in the corre- ;ponding week of 1890.
 There are 237 business failures re- ported throughout tbe United States his week compared with 1S6 last week, lnd 321 iu the ehigd week in September, -s93.
 Stock speculation in New York is iF- egulgr, lower pyicss resulting from pFo- essionsl pressure and decrease of public in nteFest. A sharp break in prices ,n Tuesday was csused by an advance # csli losn rates to 3@4 per csnt. OF he continued movement Of money to hs interior. The liquidation WAS ar ssted by gold import engagements rom Europe amounting to g. .5O0,O 1000, Ghich It is claimed are not artificial, hough sterling snd francs are frsc- ionslly above the gold import point Some 100000 has also arrived st San Francisco from Australia.
 Exports of wheat (four included aa | vheat) from both coasts of the United 3 Itstes and from Montreal this week mount to 623 .494 bushels. compared with 5,2S9,948 bushels last week, 3,93O, co bushels in the week year ago.