Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1898-12-10
DUx's REPORT.
Larger Demand for Products. Better Export
Trade and Domestic Demand.


New York, Dec. 9.--R. G. Dun & Cos.
weekly review of trade, tomorrow will
say: The most significant thing this
week has been the entire absence of the
customary nervous fright before the
meeting of Congress- the President
message and the treasurer report.
There is a larger demand for products
in nearly all the great industries
larger export demand for foreign needs.
a more healthy domestic demand since
seasonable weather arrived and COM
forting conviction that November bust
ness, the biggest ever done in this
country in any month was but step
toward something better.
Exports last year in December We're
marvellous, but this year are starting
far ahead. The Atlantic wheat exports.
-four included, have been for the week
1886, 767 bushels against 4,312,13l last
year, and Pacific exports o56,523 bushels
against 973,0S3, last year. Prices have
declined pa cents for cash. Western re-
ceipts were 10, 1876, 1879 bushels against
6213.471. last year. Corn exports were
4I51 1881 against 3,313, 0S6, last year. The
price declined only a cent with enor-
nous receipts.
Cotton fully shared in the export move
ment. and nevertheless has risen S-l6
in price. with a feeling that estimates
OF yield may have been excessive. The
consumption in this country is not very
large, but the demand for goods is pct
ter and has lifted the price of print
cloth "a and of some other goods
shade.
Woolen goods have been in much bet
ter demand. The market is more
healthy and sales of 1865, 200 POUNDS
in two weeks past at the three chiel
markets. against 10,S52700 pounds IN
the same weeks of 1892, are quite in
line with demand in prosperous years.
Sales of boots and shoes from the east
were smaller for the week than IN most
other wears because of the storm, Dut
Wholesalers here were at work night
and day. some for six and eight days
running until midnight to NIL orders
and retail trade throughout the coun-
try is greatly improved.
The rupture of the Inchoate Rail com
bination. it appears resulted IN lower
prices and larger sales in the first week
of sharn competition than were reali-
zed a week ago. Prices were made IN
some transactions much lower IMAM
were realized, week ago. Prices were
made in some transactions much lower
than were then or now quoted. ana
while SIT at Pittsburg is now named
speciaI orders are said to command
lower figures. Pig iron has risen at
the East to $11.5O. and quotations aver
age for pig throughout the country a
shade higher than at any Tune ms
wear Tin is weaker at Is cents, ana
conner is weaker at 1865 cents, VITA
exports of 11,415 tons IN NoVemoef.
Lead is dull at $50 cents though the
first step for consolidation of produ-
GERS is reported.
The volume of business domestic and
foreign is very heavy. Exports from
New York for the week were IL per
cent larger than last year, and for five
weeks % per cent larger while imports
were ? per cent. larger, and for five
weeks about the same. payments
through the principal clearing houses
for tho first full week of December
were 2a.4 per cent. larger than last
wear and AS per cent. larger than IN
1892 fact especially Significant after
the heavy excess of last month.
This weeks failures have been 24S III
the Irnited States against 81 last year.
and 20 in Canada against 30 last year.