, 1881-12-31


port''hlty. Thu cfty WIS almost cut nir frnfl,
tl'e country during tic first three ,nouli,s,
'i|d then It was fo,,ntl utat ttIcro was not 81
ni11ctt material to hu brought In; wiio tho
wholesale and manufacturing Industries hntl
not tlnlc afterwards to tio mitch more thn,,
recover lost ground, as tho ycar 1880 Ind
been ycry actlye one. Judged OF tho blsis
OF dolnrs, tho record is ln,lcIl ,nuro tu o,,r
credit tic aycrnRe Of prices lluy!ng been
higher in tho latur twelve mouths. Tile
prices or brcatlstli!fs llslvu avcrlgcd fully 20
per cent higher; those ri l!yo stuck show It
flsc or soIlu u per cont, nlui lumber ncarIy
rs much. Tllu irlcusnf manufacturer Roods 10
not nyerlga III mlicl, abovc tliosu nf 1850; as
other material ami labor l,avo scarcely nd
sanccd 81 mncll rs firm, products; though
THIS, agaIn, docs not hold Rood In nll depart
'1cnts Tic wholesale trtde Is Iargcty goY-
cfheu In prices by manufactures and tit
actlyity by the Yield Of The farm; hence
tint does mt tIil9u Il showing qlito equal to
tho average Of tie three departments. Tho
total weight Of tho farn produce handled
was 'tbollt VI prr Icnt less tfInt In 1850. But
.! "s"'''ss . ''''s 'oss we nave n heavy galn III
t"o "o's". oi n"hper anu coal. Will coli
sIserably IRrser movement Il, some other ar-
ticlcs, rs notcd subsequently; which gives
MI lncrcaso OF over pcr cent III tho number
Of TINS Of protluce of the mine, forest, and
farm.
1ile 1ollowlttg columns contain resume
OIL 1llc business VI tho city, chiefly us bascd oil
INC fact or first selling yAtuc of the property
I'anttlcd during tho year; except TINT tho
movement Of prodncc Is also given by qs1al,-
1itS. a grouping Of the multitude Of items
SHOWS I'LL increase of 1eu percent over tbs cs-
Inmates f"r1ss0; wllc'. sycry 1nliell lcss tllnM
INC 'o1'G per cent of Increase In the returns
VI the heCIearl''g-llol'sc, MS that total of somo
s2,::5ooooooo Is very much 1arger than tlIu
sum by Which wo 1,Icasl,re tho tota tratle Of
tllo city. IJls exccss In due 10 thc selling Of
tho sasno property laore linn once, III part to
1lle transfers OF rcnl estate, and purity also
10 t'le immense checking oil Now York in
eo'''cs''oh WIFI orders to deal III
stocks' pohas' cotton, nnl petroleum,
III 1hat city. We do not Include
real cstate' tho reyiew being COLI
hhca 10 personal property except as
1ea' esta'e 1as been improved by the erection
o. p"ila'1lgs' 1t would 'na''ifestiy be it'pos-
s'D'e 10 Rlse' III dollars even M approximate
Hle'l VI Lie speculative transactions Of the
N'st year. rs tl'ey varied Ill character MI ta.
WHY oei"eeh micro bcss 10 actnai transfers,
Mach OF Inc former lnVoIvinRollly tic pRS-
ment OF a'ilefe''ccs, at'd some OF 1t not even
1sal. IhRc' Tor instance, tic tact That tho
pooHs OF one conlaisso'i-f'ousc show orders
u dcai Ill Eralh 10 tile extent OF about S''U0,-
ooo'ooo, anu tile grain trat!es of anotler foot
np sss4'coo,ooo br. These nre. pcrslaps, the
lAfRest+ ent million tIollars per ttay was n
slllnll nvcrage for each OF ut least dozen
1lflns darl'lg Tho mouths Of August ind
September Iilo business OF fhoso few
houses i"ots up tosal in!ly estual to lint
lsa'ned III this review as ineass'r!i,g tile clt-
tire trade ot tic ely.
As compared Will, corresponding periods
III 1sso, tlle bank: ci9arlngs Increased from
III per cent the first three months to over LEO.
per cent III tho most aciiys perlatl, and then
fell o'f to 0511 per cent 'nontl, ago; but In
creased again litter. These figures approxl-
mately measure tho relative march Of busl-
ness activity. The Index moved, however,
more extensively tlnn the tacts tic Inst SIX
nlohtl!s' 1t mounted further up, with tho
blg produco deliveries OF the late summer:
and sank lower afterwards, rs tic new sys-
ten OF deliveries adopted by tho Uoard Of
Trade rendered unnecessary great deal Ut
tl'e checking OIL banks which used 10 bo
marked feature at tho produce trade.
we may note, also, that thu rise IN prices
last Soaf ''iay DO partly gnEed against tho
hcrcase IN INC volume OF iltohoy, rs 1t was
Ill lsoo. i1'efe Inns has neet an augment OF
about llN per cent OIL tho lttslo more tlERn
thirteen hundred millions Of coin and
currency III the country a year ago. But
tllero WIS already then moro Of 1t
tlnn tho owners knew how to employ