Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1900-10-20
RECORD BREAKING EXPORT TRADE.
Trade Review Shows Immense Foreign l VS.
nsss-Improvcment ia Industries

Nav York. Oct. 19-Bradstreet re-
,,,su, tomorrow. will say: As the Joo-
bling distributive trade tends To ies
with the advance OF the Kan
the repressive influences OF am
zion feeling became more clearly per
turbable and the result is q any
Quiet. though at the same 'i'iie conn
dent feeling in general trade MilcH tHe
stock market has apparently begun 20
discount with the result OF q s"eiihg
cur,ent bank clearings Win anoFe re-
cant totals. AS for some time past the
hes. trade advices coming from the
south which remains cheerful in spite
a. lower cotton. Pacific coast advices
orc that export trade is very large as
tho result Of army needs and the dis
nosition to charge the election With
this is manifest Eastern wholesale
trade is quiet but steady.
Gross railway quotations continue
excellent. considering the reports of
quiet in all other lines. and net returns,
those for August. are much more en-
couraging than those of July. The
countries in foreign trade is in a Hat
tering condition, September exports be
ing the largest ever reported for That
month. and swelled by the high priced
cotton shipments, the nine months re-
turns are far in advance Of all preVl-
Gus wears Imports. on the other hand.
show few gains. and the outlook is for
a record breaking export trade and a
merchandise balance for the calendar
year far in advance OF all other years.
Cotton goods are very firm despite
the drop in raw material, but the dis
N MIN
account Wool is little more active
and firm in tone at Eastern markets,
but the demand is still to cover orders
received by manufacturers who are not
inclined TO buy. The repression noted
is. perhaps. most prominent II the IRON
and steel industries. where values 10Y
the cruder materials remain well Gown
to the lowest point reached IN more
than a year past, and even here II Is
to he called that a larger volume Of
steel rail orders have been placed TINS
year than in former periods. Structural
material makers are reported exception
aliv well fixed as to orders Pig iron
has been slow of sale. but Chicago re-
ro-ts that a business of al least 1922
900 tons is in sight.
II has been a dull. and. on the Whole
weak market for the cereals. with liquida-
ton feature in wheat in corn better
weather in the West inducing larger
movement OF The former and improving
the condition of the latter.
Dairy products have improved on cooler
weather while hog products have weak
ened on packers selling ana IN the az
of comparatively moderate hog receipts
The boot and shoe trade continues cHeei
full Sugar IS STEADY. -,
Rank clearings for the week are ne
largest reported since last May aS9!e
eating, as they do s., 599. i92. le3 an IN
Srease Of per cent. over the last week
ard decrease of 1872 per cent from iast
year Business failures for ne week BUN I.
Der -. against 10 last week. anu - AZ
this week a year ago. -
wheat. including -four. shipments tor
me week aggregate 3,;soo+5 ouSHe ~
against 4 s92 SIS bushels. last week, ana
ESQ SIS bushels in the corresponding week
~ 1879 Corn exports for the week dggTe-
gate , $50. e93 bushels. against 2,s96 90 BUSH
els. last week, ana o'U9o'oS' ousheis III N-''S
suGust 5et railway earnings are encour-
aging because showing mat the t,t,ts
over year ago which had apparently
r.sched The vanishing point in July. have
been again resumed.
. cooler and more seaSOnable weather
has helped trade Distribution II 2 CaniGd q,
natures for the week number e against
&c last week. 20 in this week year asp'
ard "A in 1895. Clearings ttive days as-
gregate So 200, 537. a decrease OF Il peT
cent from last week and OF per cent
from last year.
pun's Review. tomorrow, Will say o.
Canadian trale: s.. John reports lumber
shipments about over for he season ousI
iress having exceeded last year aI!u
ptioes firm. Much deal Is being held over
Chiefly to the advance in freightS. busl-
ness in all lines has been affected M the
storms OF last week. traffic thr9u5Aoui'
tho nroyince being greatly impeded. Hail
FAY reports that unfavorable weather h1s
afrected retail trade ana money i slo"
NJ ci-culntiOn. Wholesale business j. We!
,n7ir.airaj and actively continues in iron
ana coal district Of eastern Nova Scotia
Hamilton reports that cool weather h 1ti,'
improved trade in dry goods, anu eIo
ard collections fair. Quehec reports traue
quite fair for the season ana failures rev.
Victoria reports trade c"NGilionS 9hlt -a4
Ana collections medium, hut improve
meuts are shortly expected.