The evening tribune. (Pawtucket, R.I.) 189?-190?, 1897-02-06
BUSINESS REVIEW
Views Of Bradstreet on the
Condition Of Trrde.
Business Remains Unchanged
With Fluctuating Prices.
Downward Tendency Noticeable In the Price
Of Staples-January Bank Clearings.

New YORK, Feb. .6-BradStreet5 8 says.
General trade, which was retarded
by unfavorable weather a.week ago,
has recovered somewhat at Chattanooga.
Memphis. Birmingham and New
Orleans. While the cold weather cut in
to stocks of heavy goods. 1t delayed the
sale OF spring goods. Other relatively
favorable trade reports are from ST.
Paul. Chicago. Minneapolis and St.
Louis. At most centers jobbers re-
port business quiet or unchanged, with
no prospect for immediate improve
nent.
The restriction of the production Of
cotton goods has not strengthened the
market or advanced prices yet. The
heavy increase in sales OF wool, 40, 900, :
0o0 pounds at Boston alone since Jan. 1.
against 24,000.000 pounds last year, is
based largely on the expectation of a
higher duty on wool. More wooden mills
have started up and those which have
hit the popular taste In style and fabric
are full of present business.
The downward tendency Of prices of
staples noted during the past two OF
three weeks Is checked In part. there be-
ing almost an equal number of the pro-
ducts and commodities usually quoted
which are higher or lower or unchanged
compared with last week. Among those
which have advanced are Havana
tobacco. wheat, corn and oats. paper
and refined and crude petroleum. Those
which are lower include rosin, hides
wheat. -four. pork. lard. coffee and raw
sugar. Practically unchanged quota
tions are recorded for refined sugar,
rice. tea. lumber. wool. cotton and print
cloths.
January bank clearings aggregate $i.-
4I3.5es. SEC. a decrease Of 3h per cent
from 1896 and of AZ per cent from the
total for December 1896, but a gain OF g.:
loer cent and 10.6 per cent respectively
over January 1895 and 1894. New
England cities show the only gain among
the groups-7 per cent.
The check to the number of business
failures reported last week appear.
again In the total for the current week
sos throughout the United States az
compared with 326 last week, 33s in the
first week of February. 1896, ,2sS in the
like week OF 1895, 336 in the correspond.
ing period in 1894 and as contrasted
with 223 i'm the first week in February.
1893, three months before the panic.
and Canada. for seven months. shows Q
Iet increase OF the quantity available
OF only 7,SI2, 900 bushels. compared with
increases in corresponding periods ir
four previcis years of 10000. 900, so, 600,
O0u, $4,000. 900 and $4,000. 900 bushels. re-
speetively. Wheat stocks in the United
States and Canada and afloat for anc
IN Europe, plus Australian and inte-
rior Russian supplies amounted on Jan
I. To l52 1S9, 900 bushels. nearly 90. 900, 00t
bushels less than on Jan. !, 1886. During
the years 1890 to 1895. inclusive. the
worlds average January decrease, ir
available wheat supplies. was about
5000, 900 bushels Compared with wheat
bushels and that Of last month of TO-.
504.000 bushels. have some Significance
Exports OF wheat tfiour included a.
whea) from both coasts II the Unite,
States and from St John, ~. b., thi:
week. amount TO 3.16S.7lG bushels, com
pared with 2,Jl50 900 bushels last week
1907 900 bushels in the week a year ago
| 100000 bushels in the week two year
ago, 2,6IS.000 bushels three years ag'
and as contrasted with 3.95i, 600 bushels
| In the like week of 1893. Exports o
| Indian corn this week show a marked
| increase, amounting TO 1853, $50 bu-h
| els as compared with 3,01I.0o
| bushels last week, 3. 3.222, 900 bushels in tn
week a year ago, $4,000 bushels in TIL
week two years ago. 1,424.000 bushel
three yeats ago and as contrasted wit
$4,000 bushels in the like week OF lS9: