The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-09-13
TRADE AND COMMERCE
Bradstrset,s Tradn Rsrisw

| AONh' HSJt. -bFaaStreSt S
tomorrow will say:
Special kilograms from more i'm
portant distributing points make II
plain THAT in mercantile lines trade ia
fairly active, fully meeting earlier
and more favorable anticipations in a
numosr OF instances and exceeding
them in some. AN increased number
OF interior buyers at larger cities with.
III the week has served to stimulate
the feelings of hopeiulness, and aside
from the cotton mills strike in New
England and distress in the North.
west due to forest fires, the
week has not brought unfavor.
aole features. Prices tend upward
except for wool. There is an
| Improvement in the demand for
money at Boston, New York and Chi.
cago, but rates are not as high as
usual, nor the supply of commercial
paper as large. Northwest carriers
nave arranged for necessary funds
with Chicago banks at 5 per cent. A
strlKlng feature at the west comes
business III all mercantile lines has
increased, and especially in dry goods
The total for the week being the hav.
lest for the season, notwithstanding
purchasing in the market by north
western merchants. This is dupli.
Gated at st, Louis, where there has
also been q larger volume of sales,
both by jobbers and manufacturers,
the total Tor August being equal to
that in 1892.
Omaha reports that Nebraska still.
needs q good deal of rain and that
trade with jobbers is fair only. Mil
waukee has experienced a decided i'm.
provement in demand for goods and
money for the week, while st. Paul
reports that loss of life and destruc-
ton of villages and property by fire
have checked purchases in that mar
ket. Minneapolis announces that the
recent good volume of business there
is holding its OVID. There is reasona
bic trade at Louisville and Cincin.
natl, the former reporting many visit
ing buyers, increased sales and man.
ufacturers of woolens anticipating de.
liveries, while the latter reports that
distribution of dry goods alone
shows a gain this week.
Improvement in some lines and
moderate volume of business in
Others is characteristic at Kansas
City, but at Cleveland there ia bet
ter demand for goods in almost all
lines. san francisco reports activity
in all lines OF business with ship
owners in control of their own freight
market, and wheat ran up to % for
orders to Cork. The grand total of
IS, 1851 900 bushels of wheat available
in the United States and Canada for
September l, is 25 per cent larger
than year ago and the heaviest
stock ever held on like date. The
increase in American and Canadian
available wheat stocks in August was
! ,S55, 600 bushels, the largest August
increase on record with the exception
of August, 1892.
Wheat stocks afloat for Europe
Sept. l amounted to 63, 264 900 BUSH
els, decrease of nearly one fifth as
compared with the year before.
Within three months stock of wheat
in and afloat for Europe have de.
creased 20 per cent, while in the
United States and Canada it has in
creased less than 10 per cent. Ex-
ports OF wheat, United States and
Canada, both coasts flour included),
amount to 3, 207, 900 bushels, during six
business days ending with Sept. 6.
In the previous week the total was
4 ,640, 600 bushels and in the first week
ot September, 1893, it was 1902, 900
bushels, in 1892, 1867 600 bushels, and
in 1891, 4,726, 900 bushels. Exports of
Indian corn to the United States have
dwindled to an average of little
over 100000 bushels week, in strik-
ing contrast with quantities aboard
in corresponding weeks one, two and
three years ago.
All southern cities report the favor
able features, Birmingham with in
creased sales aud improved columns.
Galveston announces the best weeks
trade of the year and Augusta reports
that heavy cotton receipts have slim
ulated trade in general lines. Sales
of hardware at Chattanooga IN July
and August aggregated more than In
the preceding two months of the like
two months of last year. In the re-
giOn tributary to Nashville 1t is
pointed out that the tendency of
prices generally IL upward but deal
ers prevent advances by offering
goods at what are called "panic