Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1897-11-13
DuN's REPORT.
The Colder Weather Has Materially Helped
Business in the North.

New York, Nov. 12-R. G. Dun & "a
in their weekly review of trade will saw.
Colder and more stormy weather so long
needed to accelerate distribution of win
ter goods. has materially helped in some
quarters, and the resulting Improvement
in retail trade is mentioned in nearly ev
cry Northern dispatch. this week With
many complaints of delayed trade from
other quarters, there still remains extern
sive shrinkage caused by fever and ouar
antines at the South. 1t is, therefore. the
more surprising that the volume of all
payments through clearing houses con-
tinues about as large as in 1892 The out
put of iron furnaces, Nov. l. was 213 159
tons weekly, against 200,129, Oct. /. a gain
of 6.5 per cent, and the unsold stock de-
creased 1880 tons in October, Indicating
a larger consumption in manufacture than
ever before.
The boot and shoe manufacture also
Surpasses all records in shipments from
the East in November, which are p per
cent. larger than in 1892, and the total for
the year is not / per cent. below the
greatest ever known. While new orders
for spring are few, the works are kent
Wen employed in meeting the deficiency
in past orders for winter. which seem far
below the distribution to consumers. as
shown by the host of urgent demands.
Wooden mills generally have orders for
three months ahead. and are not seeking
further engagements. Large sales Of
stated suggest that it may be low before
the mills need further orders. The de-
cline in cotton and the slow demand for
goods, owing in part to warm weather
have led cotton mills to confer about cur
tailment of production. and further re-
ductions have been made in brown Sheet
ings and drills, prints. and by jobbers in
bleached goods. Cotton declined an
eighth to 5.S cents for middling uplands
and both exports and the takings of spin
ners have been large
Wheat dropped over cents but has
since risen as much. with heavy buying
for export. Western receipts continue
heavy. in two weeks. 1402S,007 bushels
against l0.5sl.l92 last year. while Atlantic
exports. flour included, have been 6,562 OPS
bushels. against 3.92l. 231. last year. Corn
exports are again larger than last year,
and the price has risen rs cents
Failures for the week have been 29l in
the United States, against 276, last year:
and ~ in Canada, against As. last year.
r. G. Dun & Co., on Canadian trade.
says: Canadian accounts of business
are still encouraging, though better in
Central than in Eastern or Western
regions. Cooler weather at 81. John
has stimulated trade, which proved in
dry goods, clothing and shoes, andis
fair in provisions and hardware. with
collections fairly good At Halifax,
mining continues active and farmers
are getting good prices for products,
but fisheries have not been prosperous.
Business in staple goods. hardware and
dry goods is about average. Quebec
reports fair business ana collections
somewhat better. Trade is on the
whole satisfactory al Montreal, with
payments better than a year ago. In
woolens, shoes and fancy goods trade
at Toronto is good and in groceries.
fairly active, and failures are fewer in
Ontario than in any other week for
several years.