The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-09-25
THE CONDITION OF TRADE
OF THE COT NTRY AS REPORTED
10 "BRADSTREEl'S."
A Continued Full Volume of Rust.
ness-MOney Somewhat Easier
Than Last Week.

New YORK. September 24.-Special
kilograms to BrGdStreet's report con-
tinued full volume Of general business,
though there have bsen lees favorable
adviCes from several points. While
the movement of staple products from
Boston has been good, it has been less
regular, notably in dry goods, which,
however, is regarded as natural after
the exceptional activity enjoyed of
lats. At st. Luis new business con-
tinuts 10 be reported, but the rate OF
increase is less than previously noted.
There is a quieter tone to trade at New
Orleans, where the predicted earth
quake appears to have prevented the
appearance of country buyers to some
extent. The re all trade at Savannah
has been checked since the late dis
tu,bance of the earlh, and there re-
main OF course much 10 be done at
Charleston befors the commerce of
that city reaches its former proper
tions. Owing to late failures on the
Pacific coast, business at San Fran
cisco is mora quiet and somewhat IN
Sc tied, At most other cites the full
volume of COMMERCIAL transactions
already noted exceeds the totals at
like periods in Immediately preceding
years, and in nearly ali instances
meets the more clnser vative OF the
hopsful anticipations reported within
two months past.
The Wall street stock market is ex-
cited, and bull fever prevails, based
on the Sc ement If the troubles OF
Reading. Prices of nearly all active
stocks show material advance. The
granger stocks form an exception, and
the latest advices are unfavorable to
the formation Of the Northeastern
pool. Trar ssctioDso Of the week amount
to s. 100000 shares, sgairst 1,713,000
shares last week, and $4,000 shares
the preceding week. Bonds also par
take OF the improvement, the trans2c-
tons amounting t. $40 ,033 800, against
$6,2t5, 900 last week. Foreign ex-
change is strong, advancing on pur-
chases OF sterling by operators in
stocks.
The increase reported in the East
bound Trunk Line railway tonnage OF
late weeks is r. fiected in the augment
ed totals OF railway esrDiogs. These
70 ty rosds, espt cially hose reported
to BrGdstreet's for tne second week in
Septe mbeJ, amourt 10 S4 661, 1856,
against $4,077, $50 in 1885. from Jan
uary lst to dsts the 'otal is $l2l, $780,
000, against SIP 10000 last year, q
gain of over $9,2 0 600, or per cent.
The bans clearings az thirty cities for
the current week gIven fodav by Brad
streets aggl ega $g6S, 461, JIG, against
S875,l7l,2S2 as, week and 500, 341,-
$40 IN the ike week of 1885. Some of
the 10 per cent gain this week over
last is due, o. course, to the widening
of speculst We market in Wall street.
AS against 1856 tbs increase in the
clesrings is 38 per cent.
The leading doms'tic money mar
kets other tnsn New York, continue
for the most part somewhat easier
than last week, though at few the
current continues TO aid the country
and the demaod tends to exceed the
immediate supply. The principal dry
goods cen ers report no unfavoiable
features, otwitnstsnding the slight
check to distribuuon 1T some pointe.
Socks OF cotton are, light at the in
terror, and wo lens are expected to
advance in price dudng the next sea-
Jon. Raw wool is remarkably strong,
and pr COS are again higher, with
movement to manufat tur, RS heavy.
The belief appears gneral that the
American clip is Short, aud Aus ralian
is certainly worth mora abroad than it
is here. There is less satisfaction
found in the tine Of the grain
market than elsewhere. Receipts
at the N rhwesl have been very
heavy. Export demand has been
checked and speculation in favor Of
lower figures. Louisville reports
favorable tobacco crop, with prices
favoring sci era.
The announcement of LIGHTS e:ti-
mate of the beet crop depressed the
sugar market &c on this eide. The
visible supply shows further shrink
sg-, it being nov 899,695 tons, against
l,0O9,394 tons at the same date last
year,