Peninsula enterprise. [volume] (Accomac, Va.) 1881-1965, 1890-09-06
State OF TRADE.
Favorable Outlook for an Active and
Steady Fall Trade.
Tho Reaction in yvhcnt-Priccs Ruling
Higher and n Falling OFF I'm the
Businesa Failures,

Special kilograms to Bradstrect's report NIL
of the evidences of increasing commercial and
industrial activity noted last week. The Sep
TENDER outlook is for an active distribution of
staples. There are no definite reports rs to
domestic crop shortages, other than were made
public last week.
Boots and shoes are selling at prices mater
tally higher than a yearago, with the Autumn
demand under good Roadway. Even raw wool
is frmcr, while other staples showing
" more activity are clothing and scAsonable
dry goods. These reports come from Plli.a-
drlphia Boston, Kansas City, Chicago Omaha,
and other distributing centres. At New York
very large Autumn trade is going on.
The close of the fiscal year Mt the South
checks business somewhat, notably in New
Orleans. but the volume of goods moving is
still large for the seas III. Rains have checked
the rice movement there, but cotton is moving
freely. In some secti0nsof Southwestern C.
braska and of Western Kansas the damage to
staple crops has been so serious as to mater
tally check purchasing.
Bank clearings at lifty.one cities for the
week ended August %, are 81 ,09S, SOS, 1881. q
gain over this week last year of 1863 per cent.
New York City's clearings, which constitute
G2.3 per cent Of the grand total, are more than
those for the like period last year by II per
cent, while at fifty other cities the gain is a
per cent.
Anthracite coal remains dull, rs consumers
are still dsinclinctl 10 order freely. Petroleum,
after little squirt, consequent upon listing
about 10000 coo barrels of Ohio oil for invest.
mcnt and speculative purposes, appears TO
have dropped into neglect once more. Hogs
are lower i'll price on heavier receipts.
Wheat Inc rnnrtn1 pnnty frunl the HIGH
prices touched carly in the week and corn md
oats have, as is.natural, sympathized with the
decline. This is due to foreign markets reius.
ing to follow further his time the prolonged
advance in domestic markets togther with
some slight improvement in crop reports.
Total export of wheat land flour rs whcaD
both coasts this week aggregate 2, 562 322 BUSH
els, against 3,0SS, 9S5 bushels in the like week
year ago, and 3,lS9, 9S5 bushels last week. The
total exported since July is 1860 40 bush
els, as compare with 1901 600 bushels in Il
like portion of last year, and lS,976,3l1 bushels
in 1883.
Dry goods jobbcrs arc actively engaged, and
agents are doing good re order business in
Fall and Winter goods as Il consequence. Cot.
ton and wool dress goods are in chief move
mcnt. Foreign goods show more life but are
still behind the average in demand.
Manufacturers are as n consequence report
ing a slight demand and are slow buyers OF
raw wool. 4 great deal of WOODEN machinery
is still idle, but values are iairly firm Cotton
is and cents off in all markets on continued
liquidation of an old crop, heavy new crop
movement and good advices from producing
sections. New crop deliveries are well held
Business failures reported to Brudstrcct's
numbers ID in the United States this week,
against 100 last week, and l16 this week last
year, Canada had So this week, against 20 last
week The total number of failures in thu
United States from January / to date is 6,I97
against 1905 in like portion Of 1889.