Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-12
IN pROYnrENrIN RUsINEes.

Daily examination of large arr Of
exchange papers that reach US daily, ayes
no doubt as to The reality Of Improv ment
ia trade. Confidence Is reviVing, money IS
IA more request. and the speculative spirit
is more animated. The New York Herald
has been institubng an inquiry among The
various manufacturing and industrial estab-
lishnents in that city and vicinity, with a
view Of comparing their present business
with that Of previous years. The result Is
highly encouraging. q larger aggregate Of
hands is employed In these establishments
to-day than at any time since the panic The
Herald's estimate Of the whole number Of
mechanics and artisans at present out Of em-
ployment is 1885, against %, 400 at tie
corresponding period in 1873. The PhiIa-
delpLia Record states that there is increasing
animation in the market; there is no sudden
advance in demand, but the call for supplies
is becoming more general, and the collective
movement from the hands of manufacturers,
agents and j5bbers alike, Is steadily enIarg-
ing. As a result better feeling pervad5s
all departments Of the trade. Baltimore j.
gaining very rapidly in foreign as well as
domestic commerce. It's foreign exports of
grain during the month Of February
amounted to 100000 bushels During the
month, twenty-six steamship. arrived ard
departed. Besides the grain, IL ,99l bales OF |
cotton, T. 93 $40 pounds Of bacon, !, l29, $50 |
pounds Of lard, 2 631 ,335 gallons of refnsj |
petroleum, and 517, 533 pounds Of tsllov |
were exported. The total value of foreign
exports was 81 33O, 452 in February, against |
in, |.
at Baltimore IN February, compared with the
same month in 1878, were ,4S7, POS bushels
OF wheat, gain Of over 60 per cent; 2, 49,
629 bushels Of corn, gain of 20 per cent;
lob, lS3 bushels Of oats. gain Of 20 per
cent, and $40 bushels Of rye. gain Of is
per cent. The prospects, for
brisk spring trade there are more
encouraging than for several years
Tie New York Public, good authority on
matters Of trade, has the following: "TLe
tide is rising. It's no longer possible to dis
pu,e the proof that business is increasing in
volume. Exclusive Of stock sDeculatious
here, the business represented by the pay
ments through the twenty-five Clearing
houses OF th0ountry in February, 1879, was
about lis per cent. greater ia values than In
February, 1915 Notwithstanding decline OF / {
about ten per cent. in average prices. Thus,
IN quantities, the aggregate transactions were
about 2 per cent. greater last month than 10
February of last year. After deducting for {
very large stock operations the exchanges {
otherwise arising at New York show an IL O
crease Of l4.7 per cent TIE marked gain in L
operations at the larger cities is a sure in e
dicauon OF improvement in general business, z
which Will, in due time, be felt at all points. 81
Il Is an evidence that the substantial revival L
f trade, for which commerce and industry "
lave waited SO long, has really begun" The Ga
New York Chronicle remarks: "Tne great | pi
ase in money, both present and prospective. re
nd the improved condition Of the railroads L
tter their large business Of 1873, gave ~
trength to speculative movements, and the eli
took market showed a tgIarably active bust %
ess throughout" The same paper has an rr
Extensive investigation as to the state OF trade W
its issue Of Saturday last, in which ST