The times. [volume] (Richmond, Va.) 1890-1903, 1897-12-25
HEAVY HOLIDAY TRADE.
ar NAVY POINTS SAID TO BE THE
LARGEST IN FIVE YEARS.
Unusually Heavy Demands for wholesale
Lines Foreign Trade satisfactory
wheat SIN Active.

-
season when Wholesale business usuaiy
shrinks. the pressure OF DEMANDS LOT
immediate deliveries, when results l'on'
unprecedented distribution 10 Guns ;,
keeps many establishments AZ Woih ina,
usually begin their yearly resting speii
somewhat earlier -, -
nro6ucts shows an unexpected increase in
several important branches. forelsh
trade continues satisfactory. even IN COM
parison with the remarkable record or a
year ago, when exports eNceeued WI
10000 i'm December. Bank talIures III
phIadelphia. due TO individual operations,
caused no disturbance. and commercial
failures for the month have been less
than last half years 20 the same date
The OUTGOING food or grain Is not
checked by Chicago speculation, though
more corn than wheat has neen MOVING.
Wheat exports OiOur included as wheaD
have been Cos 32i bushels for the week
against 3.5cS.s05 the previous week ana
l5iG4N a wear ago. and I'm FOUR weeks
II. 7sG sos bushels against 9V39,5S last year.
while corn exports for the week-iolp.NZn
bushels against l.15l 10 last year-have
boon In four weeks II. 40 Isl against s,l'6,-
go last year.
Last wears corn movement was by far
the greatest evXer known and this years
wheat movement for the half year nearly
ended has been close 10 the maximum re-
ported I'm 1891. Wheat has varied Nttle,
closing three cents higher for the week
after deliveries Of surprising magnitude
AT Chicago. and corn closes nearly cent
higher
Cotton has also been moving largely
and has risen a sixteenth
COTTON GOODS.
Cotton goods have further declined IN
prices Of hlcached which meet active
competition and the Fall River spinners
inc
wages other New England mills joining
out OF lOl New England works, forty-nNe
have passed dividends fifteen at FAN
River. with fifteen others paying one
per cent. for the last quarter the ran
.n the price Of cotton when mills were
holding heavy stocks Of goods placed thls
Industry i'm n most embarrassing position.
WOoilen mills have begun buying domes-
tic wool heavily. especially Montana, aS
II assured Of large business Tor the sea
son about the oucn.
Contracts OF unknown magnitude nave
been made many az previous prices hut
others a. a moderate advance. WOOL
b. more firm. There Is stronger de-
mand for iron and rs products, Besse-
mer rising 10 so and Grey forge 10 81
nj Pittsburg and the Eastern Ear Asso-
citation has advanced the price 10 IL
for refined and i02 - for common
Owing To possible changes IN freight rates
southern pig is offered - cents lower
for the season in building cars. or when
1000 have been ordered at Chicago by one
trunk line and rails there have advanced
TO $50 In new business with sales here or
5000 tons for home use ana ZVD TOT
Mexico. Contracts In unusual season
come up. and contracts for three dram
age canals az Chicago. The Illinois steel
Works have eight months business book
ed with more orders Offering.
Pipe is dull and AK but rods are quite
active and billets have advanced about
-0 cents. The output Of Connellsville
Coke ll512i tons. be- the largest Tor any
week this year and contracts TO supply
"a MlhOuing furnace at $50 for hair or
next year have been made. Anthraclle
coal Us ten cents stronger win coluet
weather. Tin is slightly weaker OWING
20 large shipments. Failure Tor the
week have been 2a2 I'm the United states
against 297 last year and 30 in Canada
against a last year.
BRADsTREETS'.
NEW YORK, Dec. A.-Bradstreets or
tomorrow Will say:
Ouietncss In Wholesale lines but pro-
nounced and notable activity In retail
trade have been the salient features IN
this weeks trade situation. fiice
changes which are numerous. are largely
i'm an inward direction and the year draws
10 close with business as whole iully
eguallinc and In many instances surpass-
tng expectation. 4 noticeable cldture mas
been The unanimty with when the trade
reports from AN over the country win
few exceptions point 10 a very heaNy
holiday trade. I'M nearly all cases com
pairing favorably with recent precedent
years.
REPORTS are that stocks Of these goods
have been heavily reduced particularly
prominent In a good retail trade IN the
west are Chicago. 81. Louis ana Kansas
city. At the South New Orleans reports
rsnf d f,I a
Der trade larger than usual, similarly
GOOD reports com, from Nashville. Sa-
vannah and Memphis. bur collections ana
business would be larger were IL not
FOR the low prices of cotton
EFFECT OF WEATHER.
In the northwest colder weather has
improved the demand for seisonapie
goods and this. combined with the usuai
holiday business. has resulted IN GOOD
total trade with specially good reports
from milwaukee,. 81. Paul and Omaha. At
th, East. seasonable conditions prevail,
wholesale TRADE being quiet and holiday
business active. No Improvement IS
noted in the cotton goods and wage re-
auctions seem imminent. Good business
has been done IN boots and shoes ana
shipments are far ahead OF last year
Pacific coast retail trade is active ana
<londike boomers are gathering In the
cities of Washington and oregon.
Proof that the unsettled condition OF
the wheat situation affects the export
business i'm that cereal is furnished by
the figures 81 shipments this week from
both coasts of the United states ana
Carada The total exports reported 70
Bradstreet aggregates Ohour ms wheaD a.
,57 $50 bushels. as against 100000 BUSH
els last week and 62660o0 bushels TWO
weeks ago They also compare with OK
ports Of 2iii.co0 bushels In this week last
Year. i170Oo bushels in 1885 and lhli,Vo
bushels IN 1885,
Indian corn exports for the week are
m bushels against 4.l2Y.slS bushels
last week. . .i6s 600 this week year ago
1 40 o00 bushels In 1895.
Commercial failures in the United States
,,,,,fn about normal The total for
his week amounts to 2So as compared
with 23 in the previous week. and are
emaller than the total In $50 when BIS
wera renorted. There are 30 business
failures reported I'm the Dominion this