The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-10-19
A HEALTHY MOVEMENT
In ALL KINDS OF MANUFACT-
URES AND MERCHANDISE.
Prosperity Rules in All the Avenues
Of Trade and Railway Earnings
Are Increasing
Especial TO TIE APPEIL.l

Nrw YORK, October 18.-A Iesr.me
nj the weeks industrial operations
shows large and healthy movement
Of all kinds OF merchandise and man
ufactured products.
Lumber. Receipts OF lumber, in
cludirg hard woods, have been in ex-
cess Of current IequiTements-the
surplus going into stock. Prices are
strong for white aud yellow pine,
spruce, oak, cherry snd walnut. Fur
niture manufacturers are buying win
ter stoke, and retailers, both here
and in Philadelphia, are stocking up.
Iron and Sled The furnace produc-
ton is absorbed at SIG to $50, accord
ing to quality and intended use. Bar
iron is Z to 2 cents; nails, So to 81 20;
bridge iron, 2 to 8 cents; steel rails,
s34 to $50. Mills and furnaces are
everywhere over sold, and inquiries
are numerous for winter requirements.
There are, as yet, no signs OF over pro-
duction.
The Building TrddeS.-Todsy's re-
port, from Chicago, St. Louis, and
few intervening points, show a SLOW
ing up" in large building enterprises
but an expansion in small jobs. Ma
teiials of all kinds are abundant and
cheap, and architects and builders
predict busy winter, at strong prices.
Railroad Construction. The years
construction to date is greater than
for like period in ten out OF fifteen
years pset. City capitalists are having
their attention called TO enterprises
calling for loans that will aggregate
$4,000, 600 :.
The Commercial Outlook The result
of the clio. margins of the two months
preceding September let has been an
increase in the volume of liabilities OF
a decreased humber Of failures. Bank
loans are easier OF late under improv'
ing trade prospects. Railway earnings
are increasing.
Leather. -Mauufacture OF leather
are fully supplied with all kinds, hut
are holding their own. Slaughter
sole is % cents. Boot and shoe manu-
facturers throughout Massachusetts
report an active demand Tor both
medium and fine makes OF mems,
Women's and children's wear. Stocks
are run uOWui anu OAuoIp "O SAONN
ing in. Fine rubber is SO cents; last
year, SO cents.
Coal.-An advance has been deter
mined upon for November lst. Stocks
are low, and demand active for an
thracite. Btuminous is dull.
The HadsstriSs Production is equal
to consumptive requirements, and
every attempt to crowd prices to a
higher level will result in a curtail-
ment of demand, with weakening
prices. Textile mills are straining
every energy to keep even with or
ders. There is no occasion for higher
prices, either in manufactured pro-
ducts or cereals, even under an in
creasing export demand, and any at
tempt at an advance must react un-
favorably, besides encouraging labor
agitations for niger wages and shorter
hours, Much apprehension eIi.to
lest wool, coal, lumhos, iron, cottoh
to a point that will neceseitate a
sharp advance il products. Fortu-
nately, the industrial interests, repre-
senting several hundred million dol
lars capital, have placed their ORDER
for raw material for winter and spring
supplies, and this has arrested the
pressure toward high prices.