Phoenix weekly herald., 1897-12-09

! approaching holiday While clothing \ dry goods, hats. shoes, notions, hsTc
 wars and fancy groceries have been i
 6 little bstter demand both from job
 bers and at retail in the region sribu
 tsry to Chicago, St. Louis. Omaha, St
 Joseph, St. Paul and Kansas City, th
 tendency of business has been to slack
 sn. This noticeable in iron and ssee
 and in further depression in cottoI
 goods. printc.oths having made 8 nev
 low record in price.
 The appearances of better demand
 for filiug-in purposes has had favor abls influence St points in Tennesse
 and the gulf states. On the Pscl6
 coast the festure Of business is the well msint tained expsrs movement from l nearly all ports.
 The lower price for printcloths is fol
 lowed by 8 sharp reaction in wheat and
 lower price for Iodisn corn. Oats are
 slightly higher and ccffse has advanced
 in adjItiou to which there remains 6
 long list of staples, prices of which
 ara unchanged.
 The domestic grain trade continues $ lock with equsnimity ou the unpre
 csdentedly large quantities of wheat
 exported from both coasts week after
 week, the continuation of which is sn
 svidencs of an appreciation of the rela-
 tion of supply to demand by the grain
 trade abroad. Available stocks of whea
 increased only 100000 bushels last
 month, although the previous rate of increase pointed to g probsbls increase of 20 000O00 bushels. Total stocks of wheat in sight December l were she smallest at like date iu seven years, while the worlds available supply, 6 little less than l3O,0O0,OOO bushels, was the smallest st like dats 10 seven years
 The statement that there remain 100. 100000 bushels of domestic wheat available for export prior to the end of June next must depend upon revision of previous reports on the eizs of the last wheat report
 November bank clsaFings point to slightly quietsr condition of trade when | compared with the active months of Septeu ber aUd October, and there | seems to be a shifting of business ac- tivity from the east to the west and i south. Total bank clearings ab TS | cities for November aggregated S5. .34l,- 9OI 900, a decrease of i from OetobeF's | heavy total, but an incrsese of nearly | IT per cant. over Novem beF last yet F. c aims in November are smaller at cities ln eastern snd middle states than in Ocsobsr, but are very much larger in all other sections of the country. Clear ings B. 7S cities for eleven months are 10 per cent ahead ot last year.
 The weeks cleBrings amount to ST. 325. coo GOO, 16 par cent more than the total ons week ago (sn which thsre Was ! holiday. , psr cent more than in the irst week ot Der, 1899, 6 per cent nore ;han 1895.
 There are 250 businhss failures re ported throughous the U aited States, compared with 233 last week, 359 in the -st week of December, 1896, 315 in the Ike week of 1895.
 Stock speculation st Nav York has 5een moro active at advancing prices lnder bull manipulation. The scarcity ,f sellers and the belief that the execu- lve's message would take favorable grounds in regard to Cuba and the cur ency encouraged leEzs operators to eke the bull side Returns of railroad les earnings for October have also had good effect on prices, and the favor bic reception of the Rock Island re- uadiug plan YVES benefcigl to the gran .er shares generally. The railroad bond market hss been very ecsive the demand or nigh grade investments having ssim- Hated the general bond market. Sugar took had shRrp sdvsncs in anticips- ion of the ruling which imposes a couu- eFvsiliog outy on rstinsd sugar iu port d from tne Netherlands, Foreign ex s tsnge has been stroug in sympathy 7itn sn advance n money st London, snsad sterling eoucbiug 4.S6, but re- -diog ta 1 S594@4 857s. L. 4ss %e-k's failing of in experts of srsals prove, ss was stated in Brad treetS. to nave been due to the occur l. ns:on in the foreign demsnd for our :, reeds,uffs. The total exports of wheaf i3&eF included ss wheaD from both oasts of the Uailed States and from lonsresl this week aggregate 6,699, ,960 T ushels, 1900 900 bushels larger than :, lst Week, and within 22oOOO of the " "' lrgs St weeks xports on record. They o 1mp8re with total exports ID this week .st year of 3, ,633 GOO bushels Corn ex- orts show heavy gsin ovsE last week, zgregstiDg 4,5S5. s06 bushels, sGsinss b S69. 600 bushels over last week, 1.T6S, d 70 bushels last year and 1887, 900 Qshels in this week ot 1895. Exports othar ceresls, such as oats. rye, bar y and buckwheat have also bsen large Id the tots, val1e of our cereal exports TT. 1ring the week just closed promises be fully S9 900 00O is'