The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-08-10
The CONDITION OF TRADE
A BOOM FOR THE ENGINE AND
CAR BUILDERS.
Heavy Increase In the Manufacture
of Textile Fabrics-Activlty In
the Iron Industry.
ESPECIAL To THE APPEAL. |

PHILADELPHIA, Pa, August O.
During the past Elk days orders for
seventy locomotive engines have been
placed besides orders for several hun.
bred freight cars and liberal supply
of pas:el ger and palace cars. Loco.
motive and car builders are running
full handed all over the country and a
steady demand is likely to be kept up
during the winter.
Two NEE tines OF the anthracite coal
interests were held this week in New
York resu ting in heavy rush of or
ders over the apprehension that prices
are likely to be advanced 20 to %
cents per ton. The consumption of
fuel, both anthracite and bituminoHs,
is large and increasing and heavy
fall and winter trade is assured.
Railroad earning, as shown by re-
ports from thirty comp s, show only
moderate increase for the South. An
extraordinary freight movement will
begin about September LIST. Rlilrosd
managers are confident OF increasing
earnings during the fal and winter
months. Passenger traffic is also ex-
tending on all the trunk lines. A good
deal OF cutting OF rates is going ON
among the smaller Western lines, and
a vigorous effort is bang mace by the
railroad managers to put au end to it
in order that full prices may be
realized on the entire fall trade traffic.
The officials Of the Knights Of Labor
and the officials of the leading trades
unions have taken spf cial pains to pre-.
vent the breaking out Of strikes this
summer and fall. They recognize that
it is dangerous to the best interests of
all concerned to permit labor sgita-
tons to proceed any further at present
exc pit in the way OF organization.
The production of textile gods is
now progressing at a greater rate than
ever. Throughout New Eng and
nearly all mil s and factories are run
ming full time. Idle mills are coming
in; mills on half time are coming in
full. Carpet manufacturers report an
increasing demand t r ingraine, tapes
tiles and finest quail les. The demand
for jerseys and Jersey cloth is fully up
to mill capacity. Orders for upholstery
goods in silk aud worsted and for
shawls and all kinds OF knit goods
have been accommodating rapidly within
a week. Bingham manufactures re-
pott very heavy dii tributon and a
steady Influx of orders sufficient to
keep all their mills running, Woo is
advancing steadily under an active
foreign and home demand. All of the
cloth mil S are coming in on full time
tor win or and spring goods.
A small boom is making husire2s
b,iek in the iron trade Railroad
builders have been unable to secure
supplies for October, the mills being
oversold. German steel is being or.
dered in large quantities from abroad.
Between row and September let about
$4,000 tons of bird. plate and tank iron
will be contracted for in Pennsylvania
mills. Crude iron is strong in price
and the demand is active. Merchant
bar is slugg sh but the nail mills are
pretty well crowded with orders at
g 10 TO So 90.
Bulldog statistics slow a general
advance this year over las years oD'
eratiOns, ard building labor IS actively
employed ia all parts of the country.