Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1876-09-27
THE BUSINESS REVIVAL.

Inc New Ork BNletSn thlnk!
there is no mistaking now the mani
festations of improved and improv
ing trade. Commercial exchanges
for the week ending on Saturday last
bear testimony to the fact, supported
by such convincing details as mus
put incredulity at rest. After quot
ing from the Baltimore San as to the
improved business prospects in that
city, the Bulletin continues with Bos.
ton, and quotes from the Globe oi
Friday as follows:
"Thc increase of activity in the
leading departments of trade and the
more hopeful feeling in commercial
circles have become conspicuous
There is, too, brisker demand for
manufactured goods and a measure.
bic revival of manufacturing indus
tries. With the revival of trade there
is naturally an increasing demand
for money, but the supply is still SO
excessive that it has failed to make
any appreciative impression on the
rates."
The New York Price Current in its
review for the week amply corrobor-
ates the testimony of the Globe, and
the Philadelphia Price Current OF
Saturday says:
"There is a perceptible improve
ment in most departments of trade,
and the prospects for good Fall
business are more encouraging than
ever. One of the best features of the
times is the absence of speculation
in any description of merchandise,
although money is abundant and
cheap"
The Pittsburgh Gazette of Friday
says:
''Trade continues to gain slowly
from day to day in nearly all depart
ments, and, while the Improvement
is not so rapid as could be desired by
any means, it is healthy and legiti-
mate. There are indications of an
increased consumption of goods in
the interior of the country, and as
stocks, especially of Pittsburgh man
ufactures, are light, both in first and
second hands, there is reason to ex-
pect an increased demand
The Kansas City (Mo.) Times says
the country merchants in that quar-
ter are paying up promptly, and
adds:
deposits were unusually large
yesterday, owing 10 the flowing in of
monthly collections, and amounted to
about quarter of a million dollars at
a single bank visited"
The st. Louis Times. of Thursday,
tells us:
Lumber, grain and provision pa
per arc offered in increased amounts,
and bills on Eastern and Southern
cities are more numerous. The indi-
cations are favorable for an increase
in the volume of trade in all depart
ments at an early day, and already
prices of leading staples are stiffen-
ing. The order trade has improved
materially during the last several
days, aud interior buyers are making
their appearance in increasing num-
bers."
The Cincinnati Price Current
speaks of a gradual restoration of
confidence" and has no hesitation i'm
saying "the tide of business has turn
ed.'
The New York correspondent OF
the Philadelphia Ledger says the job.
bing dry goods trade was active on
Wednesday, with fair package dis
tribution. Cotton goods were in
steady demand, at firm prices; prints
very active and in light supply; ging.
ham and dress goods are in fair re.
quest. Woolens in moderate demand.
Nearly one thousand cases felt skirts
were sold at auction during the
morning, and brought full average
prices. A more confident feeling was
also visible in Wall Street. Reports
from the West favorable to an early
adjustment of difficulties existing be-
tween the leading railroads there had
a favorable influence, under the be-
lief that the effect would be to CON-
pei similar arrangements between the
great trunk lines at an early day.
Says the New York Tribune: 'sTo
the many signs Of the revival of bus
iness, marked increase of the mail:
at our city postofiice is now to b.
added. There is good evidence tina
business letters constitute the greater
part of this increase"
The Boston Transcript says ''busi
ness prospects continue to brighten
and there is very perceptible I'M
provement in the tone of feeling
among business men,"