Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1894-09-22
TRADE IMPROVEMENT.
That Of Last Wetk Is Maintained and In
creased.

NEW YORK, Sept. 2l.-Bradstreets TO-
morrow will say: The condition OF gem
eral trade this week is an improvement
over a week ago, in that favorable features
reported then have been maintained. Sur
prisinely good reports of business South
and with some exceptions, West. are lndl-
Gated by our special advices from bsitl-
more, Nashville, Chicago, st. Louis, Port
| land, Ore, and San Francisco.
Baltimore jobbers in all the leading lines
report the volume of merchandise distribu-
| ted in excess of expectation, especially dry
goods in South Carolina, Georgia, and
Alabama, except in the fruit aud
coal regions. Other Southern products
being in good supply, the orders
continue liberal mercantile collections
easy. Nashville while reporting no i'm
provement over the favorable features of
last week, notes that their continuance and
collections are prompt. One sale is re-
ported of 10 900 tons of Southern pig iron
all lines at Cbicsgo week ago is
continued, the merchants being satisfied
with the volume. The far western buyers,
who used to buy ia the eastern markets are
purchasing stocks at Chicago, and the
greatest activity is shown in dry goods,
clothing, millinery. shoes. Wool is active,
one lot of 100000 pounds, being sold to
Rhode Island manufacturers.
The sales of millinery and dry goods
were large as well as lumber. The seasons
shipments of wheat from Portland, Oregon,
and San Francisco begun. One vessel sailed
this week from the city first named and six
IRON the Golden Gate. General trade from
the larger cities on the Pacific coast IS I'M
proved in leading lines. Receipts of Alaska
salmon are very heavy and exports promise
to be correspondiugly large.
The favorable features in trade which
characterize the large areas are corrobo-
ted by the bank clearings total for the week,
of 5000, 900 900, or "a per cent. more than
last week, and u per cent. larger than the
third week of September, 1898, and "a
per cent. smaller than the like week of
1892. An unfavorable feature is found in
larger sales of steel rails by northwestern
mills to western railroad companies and
by increased demands by the railroads for
car iron and the like. Reverses are seen in
the increase of production of pig iron last
month, when it overlook the demand,
depressing prices. Bessemer pig sold off,
as have steel billets. The gains in the
gsias in the volume of business at the lead
Ing eastern cities in the proceeding fort
night. is generally maintained. Boston
reports less activity in dry goods,
with cotton goods firm, due
to the strike, and the demand for dress
woolens active, with the mills well EN-
ployed. Neither Buffalo nor Pittsburg an
nounces gains or reaction, except in prices
for metals. Philadelphia textile manu-
facturers are only fairly busy, and rela-
lively active trade in other lines being in
dry goods and notions. Providence
reports improvement in cotton yarn
manufacturing, due to the Fall River
strike. Charleston telegraphs general
trade fair, without new features
Chattanooga, that there has been
some slight improvement in business Mem
phis, that business is quite active, especially
in dry goods and groceries; Atlanta, that
collections are free, but trade is improv-
ing; Savannah, that the volume of business
continues to improve and extraordinarily
heavy dealings in spirits of turpentine have
taken place. Dry goods jobbers at Au-
gusta have been doing larger business than
for some time previous. AT Jacksonville
| the local trade is cut into by heavy rains.
Only fair volume of business is reported
from Birmingham and at New Orleans
there has been very little change. Calves
| ton reports that the sales of dry goods will
| still continue smaller until the middle of
October when recorders will be received
Texas cotton is beginning to move which
helps business and collections.
At the West the favorable features an
nounced by Cleveland last week are contin-
ued, the volume of trade being larger than
year ago. At Cincinnati the tendency to
gain is maiotained. C1ly fair volume of
business is reported from Detroit.