The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-02
THE BUSINESS OUTLOOK.
Bradstreet's Figures Show Continued In
crease in the Volume of Transactions.

NEW YORK, Oct special kilograms to
Bradstreets point to a volume of general trade
quite equal to that reported in late weeks with
satisfactory inquiry and demand. The move
ment of staple goods is increasing in the South
west and West. while in Kansas the demand is
reported better than in a corresponding period in
any preceding year. General trade is quiet at
San Francisco, and at New Orleans it has been
checked, owing to the approach of the close OF
the month, as well as to the scare produced by
prediction of an earthquake. The bank clear
ngs at thirty Cities especially wired Bradstreets,
point to an Enthusiastically full volume of COM
mercial transactions, speculative and other
wise, exceeding in the aggregate the
late exhibits. The weeks total is 1884,,
620,369, as compared with 1868, 003, 500
last week, and with $842. 225 in the
closing week of September, 1850 gain of
B. 8 per cent. on the week, and of per cent.
against the like week last year. The activity in
the stock market as well as investments made
owing to anticipated October disbursements of
interest and dividends, are largely responsible
for the increase The gross earnings of forty
three lways for the third week in September,
as reported to Bradstreets aggregate 81 l55, 1856.
against So. $50. 290 in the like week of 1885. The
earnings of forty-four roads, from January l to
year. a gain of $l0,660, 526 during nine months
past. The New York stock market strong
and advanced lrregu!arly, with several reactions,
though the temper of the market was generally
bullish. At the close fears of danger to the
drunk line pool from the dissatisfaction of the
Pennsylvania road caused more timid feeling
The transactions of the week were 2 653, 233
shares against 8, 1895, 1929 last week. Bonds were
strong the transactions were $50, 867, 800. against
$40, 035, 600 last week. Money was frmer and
rates were manipulated as high as 10 and Is per
cent, though the bulk of business in call loans
was at rates varying from to per cent.
Prices of dry goods have been sustaned-in
some lines of cottons advanced-and the demand
is good The wool market continues very
strong, as manufacturers are buying with more
freedom. American wool prices are said to be
lower than foreign
The quarterly reports of visible grain and
-four stocks to Bradstreet's show heavy increases
since July, and indicate that both wheat and
corn have been heavily marketed
The September cotton report announces a
moderate improvement in condition, owing to
favorable weather.
The domestic iron trade continues active, and
prices are very firm. An advance for next year
is probable. Finished iron is about 1-10c higher
per pound. Anthracite coal is fairly active at
the ordered advances but petroleum, hog prod
ucts, wheat, Indian corn and sugar are lower.
The heavy receipts of grain. large visible sup
plies and conservative attitude of foreign buyers
are responsible for lower prices. New Orleans
advces point to Is per cent reduction in the
Louisiana sugar crop. Easier London markets,
with slow demand for refined sugar. have result
&c In the lowest quotati ons on record