Phoenix weekly herald., 1897-11-18
THE STATE OF TRADE.
[summary bz "Braassreet, e."l

$ quarantine em mbRfgoes at nearly al points in States invaded by yeilov . fever, the resumption of traffic and prospective revival in demand foF stapl,
 merchandise constitute the trade features of the week.
 Rains in central western and westerr States, followed by colder weather, have favored farmers and ssim uIsted demand
 from interior storskeepers. This ha!
 hsd favorable effect at Louisville, St
 Louis and Kansas City. Joboers ir
 northwestern States are awaiting se8sonsbls weather to stimulate the
 movement of heavy dry goods and
 winter clothing Pastures at larger
 Pacific coast oitIes are confined to sales
 of merchandise and provisions for the
 KIondyke and to heavy foreign ship-
 ments of wheat and flour. Larger
 eastern cities report no increase in the
 general merchandise movement. New l England centers report that orders fgom
 bhe west exceed those from the south OF
 ssst. Leading manufacturing indus-
 tries continue fairly we'll employed.
 Rhode Island woolen mills are advanc-
 ing wages of employees. While thsre
 has been q moderate reaction in Iron
 and steel, furnaces snd mills continue
 well employed, and the outlook for
 higher quotations next year is un-
 charged.
 Ia addition to lower prices for south
 ern and BessemeF pig and for steel bil-
 lets, quotations for naval stores, wool, copper, coffee, pork, flour, oats and
 wheat are lower, while those for cotton, printcloths, sugar and beef are un- changed, and for Indian corr, lead and lard shade higher.
 There are 223 business failures re- ported throughoub the United States this week, compared with 2lS last week, 223 in the week yes- ago. 260 two years, 241 three years ago, and as com pared with 333 in ths frss week of No vember, 1893.
 Net railway earnings fog September make good showing. The total gross earnings of fofty-eight roads aggregate S49, ,688,O74 and the net earnings $19,- 342,O0O, gain for she month over last year of 9.7 per cent. in gross and over 21 per cent in net. For the nine months of the calendar year the gross earnings of 6fhy-one roads show gain of per cent. in gross and of P per cent in net.
 Bank elsasings thFoughou6 she Uni ted States this week aggregate S1,216, ' 100000, an increase of ? per cert. over last week, 21 per cent. over the total for | the first week of November, 1896, per | cent more than in the like week of 1895 | 2 par csnt. more thsn in 1894, Is per | cent in excess of the corresponding | total in 1893. and per cens. more than in the like week of 1891. As compared | with the similar total in 1892, this weeks aggregate shows decrease of 13 per oens., and as contrested with the like tatal in 1890 the falling of ;s less than one-half of 1 per cant.
 Exports of wheat flour included as wheat) fEom both cossts of the United States and from Montreal this week, az gregate 5.575,216 bushels com pared with 5911, ,39I bushels last week, 3.472, ,OO0 bushels ons year ago, ? 566,000 bushels two years ago, ? 26S9OO0 bushels three years ego, sud as contrastsd with 2,S13 poo bushels n the corresponding week of 1893 Experts of Indian corn this week amount to 2.199. .55O bushels, com pered with 1889 .OC0 bushels last week, }, PAY ,OOO bushels in the corresponding week one year ego. 1,225.00O bushels two years ego, 73,oOO bushels three ye ars ago, and IS contrssted with 864,- poo bushels in the first week of Novem- Der, 1893.
 There is greater activity in RgFicul- sursl operations iu Ontario, owing to mild weather, which hss interferred somewhas with the distribu slon of gen. srsI Fchandise. Less activity is also noticed in the province of Quebec. Jobbers et Halifax report only 8 moder- .se business, due ia part to mild weather. Trade is dull in New BFuns- wick, where the fish catch is reported small end prices low. Bank clesringe at Winnipeg, Hamilton, Toronto, Montreal, Hslitex. and St. John, N. B amount to S28, ,31S, GOO this week, an increase of 10 per cent over he corresponding total one year ago.