Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1900-11-17
A BRISK DEMAND
Is Reing shown Tor Winter Goods Az
Over the Country.

New York. Nov. 16.-Bradstreets, to-
morrow. will say: The tonic ene,t OF
titled to by reports TO Bradstreets
from, practically all markets OF q brisk
demand for winter clothing and root
wear. This in turn is reflected In in
creased recorders from Western,
Northwestern and Southern 1obbers
and a perceptible Improvement IN tone
Of wholesale trade at the East, which
hopes to participate later In the results
flowing from the existing good con-
sumptive demand. The renewed adj
vance in cotton, another result OF cold
weather, has proved stimulus to
Southern trade, and also made cotton
goods agents and manufacturers rather
Indifferent to new business onered at
old rates. What looked like an i'm
provement in wool demand ana prices
seem to have received temporary set
back from the failure OF a large COM
mission house with wooden mill con-
nect!ons. Railway returns continue
favorable, the demand for iron and
steel is expanding and prices are hard
ening: labor is exceptionally well en-
ployed: anthracite coal mining opera
tons have been practically resumed.
and ruling prices for that product
seem assured. No records OF export
trade are presented, and the excess Of
outward trade is assuming Phenomenal
proportions. The market for cereals Is
dragging one with price changes few
and OF little importance.
Failures for the week number o21 as
against 161, last week and 1893. in this
week year ago.
The strength of prices Is still most
manifest in iron and steel. demand for
which continues large. both for crude
and finished materials. The action Of
the billet pool in advancing prices is
claimed TO have checked demand. <al-
though the advance of $1.50 TO 81 es-
tablished, is not regarded as unresson-
able. In finished material. the activity
is most marked. The awarding OF the
government contract for armor plate
~ $425 per ton will swell the output OF
the steel industry by 3l5 .000. 900.
October export of merchandise was
II per cent. in excess of those Of Sep
tember. 20 per cent. heavier than in
October a year ago. and Is per cent.
heavier than the heaviest month here
toforo recorded. that Of December. 1895.
While cotton exports are responsible
for much Of the gain. however. in
creased shipments Of manufactured
goods are likewise indicated. The hal
ance in favor of exports from this
country for the 10 months is now $500
100000.
Bank clcarings for the week aggre-
gate S2.3l9. 6.5. eS5. a gain Of so per cent.
over last week. and II per cent. over
this week year ago.
Among the textiles. cotton Is notable
for "A quarter cent advance ON the
week. due to killing frost having ter
minated further growth. Estimates of
the crop average about 10. 100000 bales.
hut the advance has been arrested to-
ward the close by rumors that Ellison
will issue reduced estimated Of con-
sumption. Argentine wheat crop dam
age has figured largely among the
supporting influences of the wheat mar
ket but liquidation by bulls has been
restraining influence. Cash corn as
heretofore. has continued quite strong
on small stocks and n good demand.
Cold weather has been the stimulus to
the butter market and the advance in
10 days has been fully four cents per
pound.
Among the articles declining might
be mentioned -four. on slack demand.
coffee and petroleum. The distribution
of shoes has been better than for some
time past and Eastern manufacturers
have advanced prices five cents per
pair. Leather has been active East
and West and hides are firm,
Wheat, including -four shipments. for
the week aggregate 4.06l. 900 bushels.
against 3.555,501 bushels. last week. and
4,54O001 bushels in the corresponding
week of 1899. Corn exports for the
week aggregate 3.976.9l4 bushels,
against 3.2S7.621 bushels. last week. and
4. 6O3. 1lS bushels in this week n year
ago.
Colder weather and the approaching
close of navigation have stimulated
the movement of goods to the interior
of Canada. and likewise increased the
volume of export trade. Failures
numbe. %. against II. last week, 10
in this week. a year ago. "A. in 1898. 81.
in 1897. and Al. in 1896. s-s
tomorrow, will say of Canadian trade:
More seasonable weather has brought
increased activity in many lines
throughout most provinces of the Do
minion. ST John reports that sorting
orders are coming in freely in dry
goods and there is a fair demand for
groceries and provisions. while retail
trade in. general Is fairly active. AT
Halifax, retail trade is interrupted by
mild and rainy weather. but wholesale
business is fairly active and collections
satisfactory. Wholesale trade in all
lines shows Improvement at Toronto.
More wintry weather has created ac-
tivity in dry goods. clothing, etc. at
Montreal. With navigation about clos
cd at Quebec. there has been consid-
cradle moving Of heavy goods and col
lcctions are very fair.