Daily Kennebec journal., 1901-01-19
BUNS WEEKLY REPORT.
improvement! in General Business and Prices
Of Staples Are Steady.

/ New York Jan. 1>.-R. q. Dun q; COS.
Weekly Review al Trade tomorrow. will
say: In most directions The condition OF
general business has slightly improved.
this week. Prices of staple commodities
| are steady. rs are most manufactured
goods. orders 10 Manufacturers are sus-
tanned in volume ana that pronounced
ease in money III tho interior is still slim
ulatirg business is shown by bank ex-
changes a leading cities outside New
York for the week. ~ ner cent larger
than IN 1890 and lis per cent. above 1892
AZ New York the record is again Of 1.6
per cent. over 1879 ana 3l3 per cent. over
1899. Retail! trade has not declined as
much as usual since the holidays.
Textiles show more life. y small but
steady Improvement in the demand has
appeared and in the cotton goods division
IL is the more noteworthy because of the
weakness in. the ra " material. Sellers OF
both staple and fancy cottons are able
To maintain a position OF independence
StcadincSs is the chief characteristic of
the iron and steel industry.
Another moderate increase occurred i'll
sales of wool at the three cher Eastern
markets, raising the total for three weeks
to 1n..S2 500 pnunCS. There is Still heavy
loss compared with preceding years Man
ufacturers' stocks are generally consid-
cred low. nevertheless they buy only for
immediate needs and continue to take
mainly the cheaper grades. Results at
the London auction sales we're more atiS-
factory than anticipated. buyers compct-
ing vigorously for the offerings. which
were quite as heavy as expected. The
moderate advance had some influence on
the tone here, without affecting actual
figures.
The law material for the other leading,
textile industry has been in less salts
factory position owing to depression i'll
the warn market. which caused the aSso-
citation to recommend a reduction In the
OUT at by onc-half. Larger estimates of
tn" cotton crop also assisted the decline.
Boot and shoe ShonS as Il rule are well
occupied but business is unequa!1y dis
tributctl Statesmen furnish moderate or
dcrS from the West and South, although
the rapid growth of manufacturers at in
terror points has eXertc6 crceptiblc in
nurncc on the New England sales. Hides
again tend upward at Chicago with deal
cr.s III country grades sold ahead and
OFFERINGS arc extremely light
Failures for the week were 30 in tho
United States. against 242, last year, and
,3 in Canada. against 20. last year.
Dun's Review Will say. tomorrow. of
th. Canadian trade: st. John reports both
wholesale and rctail quiet bat up to the
average. Thiic prospects Tor spring are
fair s. asonablc weather has stimulated
trade at Halifax and is favorable To lum-
hering Mining operations continue ac-
tive and staples are we'll maintained. =:
oucLcc wholesale trade is up to The ark
and collections are coming in fairly.
Wholesale trade is moderately active at
Toronto and there is good demand for
dry goods, hardware and leather. Coun-
trv retailers have carried over heavy
stocks near Winnipeg and jobbers DO not
exnect early activity Trade and collec-
tions are slow. Both wholesale and re-
tail trade is agreed at Vancouver ana
Collections are still SOW. Business con-
ditjons are fairly satisfactory at Victoria
with collections medium.