The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-10-02
A GREAT GAIN In Trade
THIS WEEK OVER THAT OF LAST
WEEK.
Nearly $50, OOO,OOO Dlfterence-The
OutlOOk in All Departments More
Encouraging Than Ever.

New York, October Special ls-
grams to BradStreet's points 10 vol
pme OF general trade quite equal to
that reported in late weeks, with
satisfactory IL qniry and demand The
movement OF staple goods is increas-
ing in the Southwest and West, while
in Kansas the demand is reported to
be better than in corresponding pit
Rod in any preceding year. General
trade is quiet at San Frsnoisco and at
Nav Orleans it has been check ed,
owing to the approach OF the close
of the month, as well as to the
scare produced by the prediction
Of an earthquake. The bank clearings
at thirty cities, IS specially wired to
BradstreetS, point to an unmistskeable
full volume of commercial transac-
sions, speculative and otherwise, ex-
ceediug in The aggregate late exhibits.
The weeks total is 1894 620,369, ss
compared with 1868 003, $50 last week,
and with $842 69922l in the closing
week of September, 1885, gain OF
3 $40 per cant. on the week, and Cf
$40 per cent. agsinft the like week
last year. The activity ia tue st OK
market az well as Investments made
owing to ANTICIPATED October dis
bursements OF ia ersets AID dividends,
are largely responsible for the in
cre7Ee. The gsofs earriugs of forty
trre4 raj ass for tbs tt I'd W ek
IA September, S reported to Brad
stre'ts, agrn gate "a. l55 ,4S6. arRips
So 9j0T9 Ia ne ik,- wees OF 1855.
Tue eanng3 OF + rty.f ur jogds from
January Ia IT, oats ara 3i,OS8, 1876,
against Sl23. APT 500 last year, & lin Of
$l0,660 526 during nins months past
The NV York stock IN Ike WIS stfong
and advayc d jrregnlarly, with several
resc iors, though the temper Of the
market was generally buliish. The
close OF the dagger of the trunk line
pool from the dis 'Sti faction Of the
Pennsylvania road caused mora
timid feeling. The transactions OF
the week were S2,653,233 shares,
against $3,395,329 last week.
Bonds were ttr ng; the ira saetjoI S
were SO S67, 500, against S10,O35, 600
last week, Monty IVES firmeF, and
rates were m snipnlat d IS high as lC
and Is per mt ihCuga he bnlS Of
business in call loans IVES at rates
va ying from to S per cent. Pices
Of dry goods have eea sustained
some lines Of cottons have advanc ID
and the demand is good. The WOO
market continues very strong, as man
ufacturers are buying with more free.
dom. Ann rltan WOOL p ices are faid
to DO lowe than foreign, The quar-
teily report, of visible gain and tloul
stocks to Brad,heet'S chow heavy in.
crea:es sircs July, aud indicate that
both wheat and com have been heav'
lily marketed. The September co.
ton report announces moderate
imprc vement in condition, owing tC
the favorable wFa'her. The domes il
iron trade C :ntinues &C i've and pic {
very firm. An advance for n xt yea
is probable. Finished iron is sbout
/ 10c higher per pound. Anthracite
coal is ia rly active at tie ordered ad
var ce, bnt petroleum, hog products
whest, Indian corr and sugar are
lower. The heavy receipts Of grain
large visible supplies, and col serva
tive attitude of foreign buyers. are re-
eponsible for lower prices. New Or
leans advices point to % per cent
reduction in the Louisiana sugar crop
Easier London markets, with slow. de
msnd for refined sugar, have resulted
in lower quotations.