The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1879-07-05
Revival Of Businoss.

The money article Of Che Philadelphia
Ledger, Of Wednesday, gives the follow
ing gratifying evidences Of the revival Of
trade in all parts Of the country:
Though we are just now al the period Of
the year known as ''hetween seasons, the
fact cannot be ignored that the worst Of the
depression in business inaugurated in 1878 is
broken, and that wholesome revival is ap.
parent all round. Things are looking up.
The currency is as good and as plentiful as
can be desired Capital, too, IS abundant,
and It's more enterprising users shoa a grow
ing confidence in employing It. Confidence
is gradually returning, and this is the very
essence Of better times. Real estate is stead
lily coming into the market, and each addi-
tional sale shows improving prices. Houses
and lands are usually the last Of the marketa-
BILE commodities to rally after season Of de-
preston like that Of the last five or six years.
The upward movement so far is slow, but
there are daily indications that the better
times have come TO stay. Let the enterpris-
ing who are the true friends Of progress ex.
tend TO them a cordial greeting. Nothing
will so surely dispel eroaking as TO predict
and constantly look for better times, and no
truer evidence can be found Of this than higher
prices for commodities, and especially higher
rates for the use Of money. The volume Of
business in all the large cities is steadily in
creasing GU that Of corresponding time last
year, and prices Of many things show an in-
crease from week TO week. In almost all
manufacturing districts the improved tone Of
business is manifested in the growing demands
Of workmen for an increase of pay as well as
in the largely increased product Of manufac,
lures. The great agricultural interests Of the
country manifest the same improved spirit,
The grain movement is extraordinarily large,
as we have repeatedly shown by the figures OF
our export trade. All through the West the
several grain centres show like abundance
Of wealth. The Tribune has collated some
facts in this connection which forcibly present
the truth of the fact Of wholesome aud wide.
spread business revival. During the four
weeks ending June n the shipments OF grain
from the eight Western ports amounted to
1878, 677 bushels, against Is, OIL ,67S bushels
last year. While the shipments by lake are
smaller by 100000 bushels than those Of
four weeks last year, the shipments by rail
are larger by 8, 100, 900 bushels. The exports
Of grain during the past eight weeks have ex-
ceeded those Of the corresponding weeks last
year by 3, 2B2, $40 bushels Of wheat aud l, 075,-
665 Of corn. These are the most conclusive
evidences Of prosperity that has come to
stay, and not only to stay but TO gradually in
crease with each succeeding month. The
prospects for large cotton crops this fall con
tinue especially good. Ths acreage this year
exceeds that oflAst year by per cent But
st is worthy OF notice that the receipts from
The last crop have already amounted TO a.,
4l4,6l0 bales, against 4,227 $50 TO date last
year aud 4,0ll ,523 in 1870, so that if the
production this year should fall little below
that Of last yenr il may still greatly exceed
tho usual yiold. The unanimous testimony
Of those who have recently returned from the
Northwestern States is that the wheat crop
promises TO be an extraordinary one. The
iron and coal industries are steadily improy.
ing, except as they are disturbed by two or
three local and comparatively unimporlant
strikes in Pennsylvania, and the threatened
strike at Fall River is still the only serious
disturbance in the textile manufacturers. In
fact, the actual working men Of the country
are to-day more fully employed and at better
wages, the purchasing power Of money con
sidered, than at any period since the disbaud
ment Of the armies at the close Of the war.