The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-09-18
THE TRADE SITUATION
OF THE COUNTRY AS REPORTED
TO "BRADSTREET'S."
An Increased Distribution With
Higher Prices -Busin ess Uni.
fOrmly Encouraging.

NEW YORK, September 1.-The
trade dispa ches 10 tits weeks Brad
Streets tell Il an increai ed dis ribution
Of mercbandi e, wi h distinct and
widespread tendency toward higher
prcss fer staple ods. Tie fac 8 IS
telegrsphed from lesding cites are
almost uniformly encouraging. From
New Englsnd the autumn business is
zero ted in excellent shape.
Philadelphia reports satsfs DRY &C.
tivlty in most bran ches OF the distri.
button trade, with no complaint of
collections in any quarter. Kansas
City reports the best busines for sew
ersl months, with prices frmer.
st. Louis firds still further improve
ment, with free tuying, in ant cipa.
ton OF hikhsr prices. At Louisville
business maintains an active and firm
movement, with The distributive trade
esp cially well employed.
The merchandise movement at New
Orleans has been very brisk, with The
prices OF staple goods, except -four,
generally advarc d on the week.
From Chicago report comes that in
important branches OF uade surprise
is expressed at the ease of Western
and Northwest RI collections. Some
lines report tta5 money is coming in
a month head of the. Good reports
of clll' ctions generally have been re.
ceived.
Iowa trade ceute;s report fu th.r
satisfactory trade movements. Re-
ports from st. Paul and MINNEAPOLIS
of general t'ade are sg lin favorable.
The dry goods trade Of s.. Paul is par
tiCulary prosperous. The loan mar
kets throughout the country are gem
orally reported more ictive, with a
tendency to higher rates.
At Cincinnati the interest rate has
advanced from J 10 l per cent. At
New Orleans the money market s a.
tive with hardening tendency. Co.
lectiops ara somewhat slow at Louis-
vile, on account OF low prices of tc-
bacCo and the reluctancA Of shippars.
The baLk Gle a iggs at lhir y cities f II
this week amount to 1874 676, 1886, COM
pared with S778, 069,9l4 lat week, and
with 1927, 569,309 in tie like week of
1885. The incrt a'e last week from
the total of tie p eceding week was
As per cent, and this week the in
crease is l2.4 per cent. IS against Oh e
wear ago the gain is 20 per cent. There
il marked revival OF specu alive &C
tivty in the New York stock mark At.
Transactions this week amountedGto
1000 shares, against $4,000 shares
last weak. Besides the settlement Of
the Granger troubles and the forms-
ton of a new pco', there is the fact
that the READINGS difficulties IRE tet-
tied. Bonds of all classt are active
and strong. Governments advanced
on purchases by the nstiopal banks.
Money is easier, though rates ara
firm at between 5 and 6 per CEN. For
eign. exchange is weaker on a de
creased inquiry.
Ths Eastern vol markets ara
no less favorable for holders,
the tendency of piicgs being up
ward. On some lines Use of halt
cent pound has besn attained. The
Boston wool market wss stronger and
more active at the close.
At LONDON, wool prices are firm and
strong Wool sales at PHILADELPHIA
sre larger than for any previous week
this year. Boston reports remarkably
favorable conditions in The dry goods
trade. Cotton goods are closely sold
up at the mills. Distribut on is con-
siderably ahead OF last year.
The jobbing dry goods trade at New
York is slightly less active. The i'm
provement in the coal trade reported
last week is well maintained. The
general situation in the iron trade
continues strong and prices are well
maintained. The visible supply of
sugar which stood at 1,077 ,643. tons,
two weeks ago, has further decreased
to S73,599 tons, against 1,026 3sl tons
same date last year This, with re-
ports OF damage to the beet crop, has
caused higher prices.
Coffee has sgsin been excited under
further speculative manipulation
strengthened by the smaller receipts,
and advanced &c per pound. Domet-
tic rice hes sold in New York at the
lowest prices for years in coust quence
Il 10, Il