Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1900-12-15
TRADE REVIEW.
A Brisk Demand Reported in
All Holiday Goods.
Satisfactory Conditions Also Found IL
All Seasonable Lines.
Henry Wheat Shipments Our Foreign Trade
Shows Great In crease.

New York. Dec. 14.-Bradstreet's
tomorrow, will say: Favorable condi-
tons rule generally in all lines Of sea
scnab!e trade. Holiday preparations
are of course dominant in retail bust
ness. stimulated by more seasonable
weather. Wholesale distribution is lin
tied, but Western jobbers are in re-
Ceipt of fair recorder business. So
far the best reports as to retail trade
come from the West and South. In
leading industries the best report is
still that made by the finished product
of the iron and steel industry, but
ether favorably situated lines are boots
and shoes and lumber. New business
in the former is rather light at whole
sale. but manufacturers generally are
busily employed and leather is firm in
sympathy. a good export demand for
the latter is noted. Retail lumber is
rather quiet but wholesalers are pre-
pairing for good year.
Bank clearingS are smaller than last
week, but still little in excess of last
| year, While railroad earnings continue
to show moderate gains over 1899. The
| cereals are lower in price, due to
profit taking on the late upward move
and the larger movement of supplies
| particularly of corn.
| The government cotton estimate OF
| 100000 bales was larger than ex-
! pected by the trade. The slump of one
! third of a cent in prices dislodged the
weak bulls and following this came 8
firmer feeling. The close of the week
! finds future quotations &c. lower anC
! n off, ID
quiet. as natural at this period anC
. high cost of raw materials and low
cost of finished product do not har-
monte. Rather more has been done
/ i'll foreign woods. Low priced domes-
tic wool is rather weak however.
! While business in iron and steel as
| whole is quieter than of late. there i.
no apparent diminution in strength
| and actual transactions in rails anc
| plates compare well with the best re
! corded.
| November export trade statistic:
contribute another notable chapter t
! the country's foreign trade, the tota
value being $136.6 ,594, 10 per cent. les.
than October's enormous total and {
Z fraction of l per cent. less than that o.
3 December, 1898. November imports art
/ less than half the exports and the eX-
cess of exports for II months is $572,-
G00.000.
/ Business failures for the week mum
Der pa, as against pa, last week, n
in this week. a year ago, 25l in 1898
Wheat including flour, shipments fol
the week, aggregate 4.IS5,5I bushels
against 3.4 159 bushels, last week, anc
3,36S,Gi9 bushels in the corresponding
week Of 1899.
Corn exports for the week aggregate
1853. ass bushels, against 5,511,S11 bush
! els. last week. and 4.017, 1S5 bushels, il
this week a year ago.
Holiday trade is active in Canada anC
retail business has been helped by cole
weather. Montreal reports Weathe
I conditions favorable to country trade
while wholesalers report orders for re
/ sorting. Halifax reports retail TRADE
and collections improved and the SAINT
is true Of Victoria. Spring orders 70
the Yukon are already being booked
| Canadian ClearingS aggregate Sd.
| S52612 a decrease Of - per cent. from
last week and q falling off Of g. pc
cent from last year. Failures for tn
week number IS. against p. last week
IS in this week year ago, 81 in IS?
! and IS in 1897.