Phoenix weekly herald., 1897-12-23
THE STATE OF TRADE.
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Notw shstepdipg she appearance of {
 demand for holiday spacislties St some points in the south, R5 Chicago, St Louis and iu regions GTibntary thereto
 general trade tbFoughout the country
 has shown no general improvement thit
 week. Moss favorable reports are iron
 ske territory wsas of the Mlssissipp piveg and north of Missouri and Kansss where cold weather has stim ulated de
 mend et the interior and country mer- ohsnss have been buying with coppaF- stive freedom.
 l The eastern cotton goods industry 1 contin ues depressed. Consumers evi-
 deutly do not intend to buy extensively
 until they believs she price of Faw cot | ton is rsady to advance. Com petition from southern mills-more particularly overproducti0n by manufacturers who produce a s loIs stspls-underiies ex- ieting large stocks and the heaviness of prices Convertere end manufacturers
 of cotton yarns are situated relatively
 more favorahly. Other lines reporting
 saasonsble distribution are menutec-
 turers of woolens, clothing, shoes and
 jobbere of fancy groceries. At Phils-
 delphia there is a check in demand for
 products in leading textile lines, and
 arrangements are making to Fua on shorter time. Iron ard steel have not
 besn in sa active demand as expected and are lower, notwithstanding furnaces and mills ara supplied with orders suf fioen6 to caFry them well into next year. A favorable feature is found in advance in wages of operatives in various indus tOiel iinsa.
 Quo.stions for wire rods are lower, nosWith 6anding the prospect for the success of the attempt to form a con- bination of the American producers of wire rods. Cotton has reacted again, and prices fog lard, coffee, oats and Indian corn are also lower. Wool, printoioth, copper, sugar, wheat, flour, beef, pork snd lasd ers among the most i'm portant staple for which prices are unchanged Wheat. eious, among q | score of In npoFEalt ploduc.s, reo5rds an sdvancs.
 The intervention of holiday has had | the usual effect of back cleBringe | the country. the aggregate | being S1 ,059, GOO, OF F per cent less hhan the total in the preceding week, but 13 per csns more shan in the ooF- week one year sgo, which slso included holiday Total clear Dgs foF five business days ending with eve exceeded the corFes- bonding eggregete in 1895 by 2l per ,ent., were 3l per cent larger than in he like week in 1894.
 There are 236 businees failures re- ported thFoughout the Unibed States ihis week compared with 235 last week, !96 iI She week s year ago. 268 two years ago, BOT ID she corresponding week # 1894, and as coutrasted wish 298 in he like period of 1893.
 The stock market at New York is ir- egulaF but has strong undertone in he face of besFishness on the part of raders. Large interests are disposed o wsit for the nesting of Congress, for ke Presidents message and for de- regarding Cuba end the urrency The stsedier tone is partly attributed to better feeling ss 50 the wo latter subjects. 1
 Wheat exports, affec almost en- irely by the holiday, show 8 consider ble decrease from lest weeks total. [ The aggregate exports of wheat flour ( included ss wheet) from both coasts of he United States eod from Canada his week are 5,465, 153 bushels, sRsinst i ,653, coo bushels last week snd 8 753OOO t ushels last year. Corn exports also 8 7ould have been larger but for this [ sason, amounting to ? 669 OOO bushels, 8 gainet 3,2O9, 900 bushels last week, ,92O,OOO bushels last year. 2