The Wichita daily eagle., 1897-12-25

Cotton and wage heouetionS Im inenf
Figures on the Grain Movement,
New York. Deo 24.-Bradstreets To-
Morrow will say:
Quietness in wholesale lines, but pro-
bounced and notable activity in retail
trade, have been the salient features in
shis weeks trade situation. Price
changes. which are numerous, are large
iy in an upward direction and the year
draws TO a close with results fully equal
Ing and in many instances surprising
early expectations. Perhaps the most
notable feature has been the unanimity
with which the trade reports from all
parts OF the country, with some few ex-
ceptions, point 10 a very heavy holiday
trade, in nearly all cases comparing ia
Torably with recent preceding years.
Reports are that stocks Of these goods
have been heavily reduced. Particuu-
larly prominent in reporting a grand
retail trade in the west are Chicago, st.
Louis and Kansas City. At the sonth
New Orleans reports retailers reaping
harvest and December trade larger
than usual. Similarly good reports come
from Nashville, Savannah and Memphis
but collections and business would De
larger were il not FOR the low price OF
cotton
In the northwest colder weather has
improved the demand for seasonal BILE
goods. and this, combined with the usual
holiday business mas resulted in a good
total trade, with especially good reports
from Milwaukee, St. Paul and Omaha
AT the east seasonable conditions pre-
vail, wholesale trade being quiet and
holiday business active.
No improvement is noted IN the cotton
goods situation and wage reductions
seem imminent. Goodbusiness has been
done in boots and shoes and shipments
are far ahead OF last year. Pacific
coast retail trade Is active and Klondike
boomers are gathering in the cities OF
Washington and Oregon.
Proof that the unsettled condition OF
the wheat situation affects the export
business in that cereal is furnished by
the figures Of shipments this week from
both coasts Of the United States and
Canada. The total exports reported TO
Bradstreet's aggregate flour as wheaO
e,!4l,595 bushels, as against 4604, 600
bushels last week and e,266, 900 bushels
two weeks ago. They also compare with
exports Of All 900 bushels in this week
last year. 3.475. 900 bushels in 1895 and
1,S14,0o0 in 1894
Indian corn exports for the week are
4S79.S1l bushels. against 4.129,S7S bush
els last week, 246S, 600 bushels this week
a year ago, and 1890, 900 bushels in 1895 |
Commercial failures in the United
States remain about nominal. The total
for this week amounts to 2s0, as COM |
pared wieh 2s3 in the previous week, /
but is smaller than the total in 1895, |
when 316 were reported. There are 80 |
business failures reported in the Domin- |
ion this week, against 43 last week.
DUN's REVIEW.
New York, Dec. PAR. G. Dun & Co's 1
Weekly Review Of Trade will say to- /
morrow:
The weekly reports show a remarka- /
oly large holiday trade, at many points |
the largest for five years. Moreover, at /
the season when wholesale business US /
ually shrinks. there are demands for i'm
mediate deliveries which result from un- !
prscedented distribution TO consumers
and keeps many establishments at work 1
mat usually begin their yearly rest spell /
somewh earlier. Instead OF decreas-
ing, the demand for products shows an |
unexpected Increase in several important 7.
branches. Foreign trade continues sat
isfactory. even in comparison with the
remarkable record Of a year ago. when /
exports exceeded s117 200, 900 in Deem
Der. Bank failures at Philadelphia, due
70 individual operations, caused no dis
turbance and commercial failures for the
month have been less than half last
years 10 the same date.
The outgoing flood OF grain is not
checked by Chicago speculations, though
more corn than wheat mas been moving.
Wheat exports -four included. have been
Z. .6oi so bushels for the Week, against
9 $50, $50 the previous week, and $40 i43
a year ago. and in four weeks is. 766. .S95