The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-09-28

NEW YORK, September 27.-Tbe
World this morning publishes long
trade review In which it shows the
great prosperity in the various trades.
The hustle and activity in the dry
goods district is apparent to all who
visit that part Of the city. Big jobbipg
houses are lighted up at night and
sidewalks Numbered with bales and
boxes ready for shipment TO steam
ship whsrves aud railroad shipping
offices. In Philadelphia the revival
Of business seems to be genuine and
solid. Merchants of all classes, COM
mission men, iobbers and retailers are
beginning TO look forward to an uu.
commonly heavy trade. The great
dry goods houses, the whole ale
grocers and the dealers in staple mer-
chandise are working night and day,
The great manufacturing districts OF
Kensington, Richmond and South
wark cannot turn out goods fast
enough to fill their orders. The gem
eral opinion of business men here is
that this is not merely boom, but a
healthy revival after a season OF un-
natural depression, In the iron trade
business has increased 90 per cent
since this time last year, and the de-
mand for coal is enormous Capitalists
and manufacturers are still very eau.
tlous about making large contracts
on account OF the uncertainty
still existing as to the stability
OF engagements Of operatives
and the existence OF strikes
in some quarters, but on the whole,
the relations between employers aud
employees are harmonious. The Bos.
ton dispatch shows the same brish
outlook. The Atlanta, Co., dispatch
says: "rhere is marked revival OF
business in this city beyond question.
Toe assertions growing out OF the pro-
hibition dispute that business had
been injured has made the discussion
OF this point very prominent. There
are eight railro ,ds centering in At
lanta, and the outward freight upon
them is REGARDED as the best
index Of the trade of the city.
All report heavy gain in business.
Iu interviews with merchants and
manufacturers of all classes II was as
certained that the fall business showed
an increase OF from 20 to 40 per cent.
over the same date last year. There
10 marked falling Of in the credit
business, country traders purchasing
with cash, which shows that Atlanta's
commercial territory is standing well
In dry Voods, hardware and agricult-
ural implements great activity exists.
The drug trade seems to bs the only
one which lanHuishes
The San Francisco dispatch says:
Business in this city is very dull, and
there is very little appearance Of re-
vival. During the pas month the
three heaviest failures ever known
here have t.ken place. BY the sus.
pension of Keane Bros, Hobart, Wo d
x Co., Hoffman & Co. and Baum q
Co., more than S2,5C0,0O0 has been
lost. The Pacific coat failures for
August were II against 60 for July,
and this does not include the four
heavy ones mentioned. The exports
from San Frsncisco by sea during July
were $4,000, 600; for August, 81, 500, 900.
Wheat and flour exports by ssa-July,
81, 100000; August, 81 400 600: Treas
ure expolts-July, 81 10000; August,
$l,l30,000. The fact is, the compile
ton Of the Northern and Cana ian
Pacific hes cut largely into the trade Of
this city. The merchants OF Southern
California now buy almost wholly in
the East instead Of here, and the mer.
chants CT Oregon and British Column
bia do the same. The total
trade has not increased in the
same ratio that other trades have
fallen of. There has been vey
large numbe of failures OF grain grow
ers, mostly in San Joaquin county,
and the liabilities have been heavy
with small a3sets. This less falls
mostly on local merchants, who are
obliged 10 carry large line of credits
for farmers, However, there has been