St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-25
BUILDING PERMITS
THE STATE OF TRADE.
A Comprehensive Review of the
Condition of Affairs i'm the BUSH
ness World the II resent Week.

A Comprehensive Review of the
Condition of Affairs i'm the Busi-
ness World the Present Week.
New YORK. Sept. 24.-Special kilograms
to BradstreetS report a continued full
volume of general business, though there
have been less favorable advices from several
points. While the movement of staple
products from Boston has been good, it
has been less regular, notably in dry goods.
which, however, is regarded as natural
after the exceptional activity enjoyed of
late. At St. Louis new business continues
to be reported, but the rate of increase is
less than previously noted. There is a
quiet tone to trade at New Orleans, where
the predicted earthquake appears to have
prevented the appearance of coun-
try buyers to some extent. The
retail trade at Savannah has been
checked since the late disturbance of the
earth. and there remains of course much to
be done at Charleston before the commerce
Of that city reaches its former proportions.
Owing to the late failures on the Pacific
coast. business at San Francisco is more
quiet and somewhat unsettled. At most
other cities the full volume of commercial
transactions already noted exceeds the
totals at like periods in Immediately pre-
ceding years. and in nearly all instances
meets the most conservative of the hopeful
anticipations reported within two months
past. 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 Bradstreets, for the
second week in September amount to
"a - in,
Jan todat the total is $121, $50, 600 against
S112, 300, 900 last year. gain OF over
SO, 200, 900. or per cent The bank clear
ings at thirty cities for the current week
aggregate S96S, 461, 115 against 1915. IT,
2S2 last week, and $780, 341, $40 in the like
week of 1885. Some of the 10 per cent.
gain this week over last is due, of course,
to the specializing in Wall street. AS
against 1885 the gain in clearings is IS per
cent The Wall street market is excited
and bull fever prevails Prices of all
active stocks show material advances. The
Changers stocks form an exception and the
latest advices are unfavOrable to the fOrma-
ton of the Northwestern pool. Transac-
tiOns of the week amount to 3,400, 900
shares, against 1, 713, 900 shares last week
and $50. coo shares the preceding week.
Bonds also partake of the improve
ment, the transactions amounting
to $40, 306, 900 against Sc, 1865, 900
last week. Foreign exchange is strong, adj
vancing on the purchase of sterling by Oper-
ators in stock arbitrages. The leading do
mestic money markets. other than New
York, continue for the most part some
what easier than last week, though at a
few the current continues toward the cOun-
try and the demand tends to exceed the inn
mediate supply. The principal dry goods
centers report no unfavOrable features, not
withstanding the slight check to distribu-
ton at several points. Stocks of cotton are
light at the interior, and woOlens are ex-
pected to advance in price during the next
season. Raw wool is remarkably strong
and prices are again higher. with the move
ment to manufacturers heavy. The belief
appears to be general that the American
clip is short. and Australian is certainly
worth more already than it is here
There is Less satisfaction found
in the tone of the grain
market here than elsewhere. Receipts at
the Northwest have been very heavy. The
export demand has been checked, and spec
ulation is in favor of lower figures. Louis
vile reports favorable tobacco crop, with
prices favoring sellers. The announcement
of Lights estimate of the beet crop de-
pressed the sugar market &c on this side
The visible supply shows further Sinkage,
it being now S99, 695 TONS against 1,009, 334
tons at the same date last year. The bust
ness failures occurring throughout the coun-
try in the last seven days number for the
United States 165, and for Canada 3d. or
total of 1877, as compared with total of
1856 for last week and 1873 for the week pre-
yiOuS