Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1885-08-29
MISCELLANY.
THE IMPROVED BUSINESS OUT
LOOK.

Ahoi0 10 ooiCulieu1 IeStlulouy
from good many quarters that the
business situation is improving.
There is decided increase in the de-
mand for manu- iactured articles of
various kinds, and corresponding
amelioration of the outlook for pro-
ducers. II Baltimore, trade is begin
ming to flow IN large volume. "The
general Improvement" says the New
York Commercial Bulletin, sis all
the more noticeable as the season ad-
vances, and what is more, it is not
confined to any particular section,
but extends to all alike" At Boston
orders for dry goods, clothing, and
boots and shoes are now coming in
freely, and the August trade in these
lines promises to be considerably
ahead of last year. Not only so, but
according to the Boston Price, Cur-
rent, 'other kinds of manufactured
goods are receiving more attention,
and there appears to be a wakening
up all around. The stock market
has shown more vitality this week
than for some previous weeks, and
confidence is slowly but surely re-
turning" The Philadelphia Record
gives positive testimony to the better
tone of the textile markets, and ex-
presses its opinion that, in this pri-
mary industry at least, ''the dead
centre Of business depression has
been passed. Within the past few
weeks there has been an advance of
5 to 10 per cent. in the prices paid
for wool and some Of its manufac-
lures. "a good many mills running
on popular lines of goods" says the
Reccrd, "have been able to book ad-
vance orders for several months pro-
duction. In the same time cotton
goods quotations in many cases have
been marked up n to 5 per- cent,
with helpful rather than hurtful
effect upon demand, which appeared
to be only waiting for this sign of
strength in the market" 1t is a
significant circumstance that the
Southern manufacturers have de-
clined to accede to the proposition
made them for general suspension
of production, the changed condition
of trade encouraging them to contin-
ue their customary output. The feel
ing of hopefulness is especially preya-
lent in the South and West, where
large cotton and corn crops are
awakening pleasant anticipations as
to the future Of business. The Re
cord concludes that "there is more
confidence in most lines of trade, and
everything points to a gradual and
healthful expansion Of activity from
this time forward" TO the same
effect is the statement made by the
Railway Rerieac of Chicago: "Since
the latter half of this year was usher
ed in, the work of railway building
has been taken up with genuine re-
vlval of activity. Our western lines
in particular are at work or about to
commence upon extensions that will
foot up a heavy new mileage. In va
rious sections of the country the work
of building feeders TO hitherto un-
supplied points is progressing. There
is sufficient expansion Of mileage IN
progress and contemplated for the
near future to indicate that dis
position to build is increasing, and
that the industries which supply ma
terials for such work may feel a great
er confidence in an increasing demand
for their products. The stimulus
that Will be given TO many lines of
business by the increased railroad
construction of which the Railway
Reriew speaks, Il good foundation is
laid upon which to build hopes that
industrial paralysis and hard times
Of the last three years are about to be
supplanted by an era Of activity and
| prOsperity,