The record-union., 1894-09-01
TRADE IMPROVING.
Favorable Influences at Work in the
Business Situation.

| Favorable Influences at Work in the
Business Situation.
NEW YORK, Aug. 31.-Bradstreers to-
morrow will say: AT all but few cities
from which special kilograms are received
| favorable influences are shown to have
| been at work. resulting in still further
! Improvement in the business situation
since the settlement of the tariff bill. TIE
| free wool clause of the new tariff bill re-
suited in heavy withdrawals of that
staple and renewed activity among man
utacturers. The next most conspicuous
! Withdrawals from bond are dry goods,
crockery and glassware at Philadelphia la
| and New York. Sugar is advancing on
| speculative demand and it is feared that
| grocers will carry heavier stocks. The
| outlook for iron and steel is not for a
nearby advance in prices. due to the in
creasing output.
| New England wooden mills are now
| reporting Lew orders for heavy woolens.
/ Prints and dress woolens are selling
| freely and there has been and is now an
increased demand for funds at the larger
| Eastern centers, not only FOR withdrawal
of goods from bond, but 10 meet increased
| offerings OF commercial paper. Thus far
| funds to move crops have not gone West
as freely as anticipated.
/ All Western cities covered, except Gin
cinnati, Cleveland, Detroit and Omaha,
report distinct gains in the volume OF
! business this week The relatively
/ tributary to the larger Minnesota cities
during August is based on better West
| crop than predicted, and a practical de-
| pletion ofcountry storekeepers' stocks. A;
| the South, Atlanta and Birmingham
alone do not report large volume OF
business, but the character of cotton
shipments in the near future will de-
termine the volume of purchases.
| 1t is noteworthy that the financial con-
dition of Texas merchants is said to be
| better than for years. One of the most
! interesting trade features consequent on
| the new tariff is reported from Galveston.
| that an export order to the West Indies
| of 10000 barrels OF flour has been cam
celled by reason OF the Spanish retalia-
| tory duty.
Exports of wheat flour included as
wheat) from both coasts of the United
States and Canada amount to BIO 600
| bushels, against 3,lS2, 900 last week, as
compared with 1852. 900 in the last week
of August, 1873, with :, ,24l, 600 in 1892 and
| 5,44l, 900 in 1891.
Chicago reports gains in demand in all
lines, particularly in dry goods, clothing
and shoes, and in iron and steel. AtSt.
| Louis the volume of business increases.
Texas buyers are exerting themselves
this week. Jobbers in hardware, shoes,
hats. clothing. military and dry goods
have ali felt the gain.
The surprisingly favorable news is re-
| ceiyed that Kansas City merchants. not
withstanding the effects of the drought.
have been having larger trade and max
! ing better collections.
| at Omaha no material change is noted.
except that country merchants, being
| Obliged to buy nearer home, helps Omaha
| jobbers.
| A large volume of business in staples
| has been transacted at Milwaukee.
At st. Paul and Minneapolis the inn
provement in business is CONTINUED.
while at Duluth heavy wheat arrivals
aud firiner lake freights have still further
| increased the volume OF general trade and
| frightened the outlook.
Portland, Or, has kept New York ex-
change at par by heavy Eastern ship
Inents of salmon, and expects further
stimulus to trade soon in heavy receipts
] of wheat.