Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1886-10-02
BUSINESS IMPROVING.
A FEW CITIES SHOW DECREASE.
At Other Points the Volume of Trans,
actions Encouraging Increase
In Railroad Earnings.

"Hhe IEe movement OF stape prOdu Its
from Boston has been good it has been less
reeu ar, notably in dry goods, which, how
ever, is regarded as natural at g the excep,
tlonai activity enjoyed of late. AT st. I.ou's
new business continued to be reported but
the rate of increase is less than previously
noted. There is gu eter tore to trade a,
New Orleans where the predicted earthquake
appears to have prevented the appearance Of
country buyers to some extent. The retail
trade of Savannah has been checked since the
last disturbance of the earth, and there re-.
mains, of course, much to be done at
Charleston before the commerce of
thai city reaches its former proper
tions. Owing to late failures on the Pacific
Coast, business at San Francisco is more
quiet and somewhat unsettled. At most
other cities the whole volume Of commercial
transactions already noted exceeds the totals
OF like psriods in proceeding years, and in
nearly all instances meet the more conserva-
tive of the hopeful anticipations reported
within two months past.
. INCREASED RAILROAD EARNINGS
The increase reported in the east bound
trunk-line railway tonnage of late weeks is
reflected in the augmented totals of railway
earnings. Those for forty roads, specially
reported to Bradstreet's for the second week
In September, amount to s4,G6l, 1S6 as ainst
S4,CH,575 in 1885. From January 1st to date
the total is s12l 100000 against SIP, 10000
last year, a gain Of over $500, O00 or per
ut. Tho bank clearings at thirty cities for
The current week aggreg tie s96S, 461, rs
against $3.50, III, 2S2 last week and 500, 34l,.
$40 IN the like week of 1885. Some of the
10 per cent. gain this week over last is due
OF course to the widening of the speculative
market In Wall street. As against 1885 the
increase in cearings is 50 per cent.
TheWall street stock market is excited and
bull fever prevails, based on the settlement
of the troubles of Reading. Prices of nearly
all active stocks show material advance.
The granger stocks from an exception and
the latest advices are unfavorab!e to the
formation of the Northwestern pool. Tran.
sections of the week amount to $40, OOC
shares, against ,7l3, 900 shares last week and
$4,000 shares the preceding week. Bonds
also partake Of the improvement, the tran
sactions amounting to & 1861 dollars last
we k. Foreign exchange is strong, advancing
on purchases of sterling by operators in stock
abrltages. The leading domestic money
markets, other than New York, continue for
the most part somewhat easier than last week.
though at few the current counties toward
the country and the demanp tends to exceed
the Immediate supply
DRY GOODS AND GRAIN
The principal dry goods centers report no
unfavorable features, Notwithstanding the
slight check to distribution at soma points
Stocks Of cotton are light at the interior, and
wooens are expected to advance in price dur.
ing the next season. Raw wool is remarka-
bly, strong and prices are again higher, with
movement to manufacturers heavy. The be.
lief appears to be general that the Amarc IL
clip is short and Australian is certainly worth
more abroad than it is here.
There is less satisfaction found in the tone
OF the grain market thaa elsewhere. Re.
celpts at the Northwest have been very
heavy. The export demand has been check
ed, and speculation is in favor of lover fl
cures. Lou sville reports favorable toba,.
co crop, with prices favoring sellers. The
announcement of LIGHTS estimate of tn, bae.
crop depressed the sugar market s. on this
SIDE The visible supply shows a further
shrinkage it being now 500 .6s5 tons, az ,inst
LOUISE tons at the same tim, last year.