The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-08-30
TRADE AND COMMERCE.
Bradstrest's Commercial Review

AOuH AhNuotIldl ulSUurDduC6S III
New England, drought in Central and
far Western states curtailing nearly
all staple crops and disposition in
all lines to continue buying for near
by wants, only fail to greatly influ~
ence general trade throughout the
country, the trend of which is toward
further improvement. Northwestern
states, Eastern Missouri and Atlantic
and Gulf coast and Southern states
report relatively greater gains in
volume of traffic, and in the spread of
that better feeling and confidence in a
large volume of business on which inns
provement in business depends.
Prominent among evidences of ex-
pansion in general trade is this weeks
bank clearlngs, total $500 900, a
gain over last week of about per
cent and over the like total one year
ago, when clearings got down to about
low water mark, the increase is 20 per
cent. But compared with the total in
the like week two years ago, this
weeks aggregate clearings show de-
crease of 10 per cent. 1t is also worth
noting as sign of the business move
ment that every city's clearings total
for the week is larger than a year ago
except one.
Gains in clearings at whisky mar.
kets, Louisville, Cincinnati, Paris and
Lexington, have naturally been ex-
banded extraordinarily. The greatest
apparent increase in the volume OF
business during the week is at st.
Louis, Baltimore, Chicago, st. Paul,
Minneapolis and San Francisco.
At large Eastern cities there is evil
dence of an increased confidence that
the autumn will bring a largely aug
mented demand in nearly all staple
lines, but Baltimore is the only city in
this group announcing a decided i'm
provement. Sales of wool at Boston
have fallen off sharply and wool i'm
porters and dealers having the raw
product in store in bond find transac-
tions checked because of doubt
whether it will be let in free under the
new tariff. At Cleveland, groceries
are more active and the outlook for
freight rates is better, which is true at
Duluth as well.
The least encouraging report is from
Cincinnati. At Louisville, even
though drouth threatens tobacco, the
demand for Cry goods and groceries is
larger, as is true also at Detroit.
From Chicago word is received OF
heavier mail orders and personal buy
ing of dry goods, clothing, shoes, hard
ware and iron from Indiana, Illinois,
part of Iowa and the northwestern
states. Orders from west of the Mis-
souri, river are light, owing to unfavor.
able crop prospects. Drought is said
to have curtailed the Illinois butter
and cheese yield and short supplies OF
hogs west resulted in the shutting
down of packing houses in Iowa and
Nebraska. Southern purchases at
St. Louis continue heavy. Rains have
helped pasture land in Kansas and
Iowa, but not the yield of corn. Kan
sas City trade is only of fair volume
and that at Omaha is quiet. The mod
crate gain at Milwaukee and the strik.
ing improvement in the general trade
at st. Paul and Minneapolis improve,
shipments for the latter point being
quite satisfactory.
Portland reports fall trade good and
the Columbia salmon pack is larger
than last year. At San Francisco
trade is better than for six months
past, chiefly due to gain in volume
of ex ports IN all directions. General
trade at Southern cities betrays no
change within few weeks, volume of
transactions or demand of business on
the whole being relatively better than
in some portions of the country.
There ia better request for lumber at
Charleston, Tor hardware and ma
chinery at Augusta, rosin at Savan-
nah and whisky at Nashville.
Prospective early movement OF COT
ton is expected to stimulate trade in
all staple lines. Jobbers at Birming.
ham, Ala, report heavy trade, and
the crop outlook in Louisiana is ex-
pected to help business interests there
generally. The crops are said to have
been damaged by excessive rains. Ex'
ports OF wheat flour included, both
coasts, this week, days,) equal
1851, 1S9, against 1919, 900 bushels last
week, SAY 900 week before last, and
as compared with 4 100000 bushels in
the third week of August one year
ago. Two years ago the weeks for
eign shipments amounted to 4,6O6,OOO
bushels, three years ago they were
6,4SS,000 bushels, and tor years ago
they were 2,562,OOO bushels.
Dun's Weekly Trade Review.
NEW YORK, Aug. 24.-R. G. Dun "
Co.'s. weekly review of trade will say:
Changes during the past week have
not been definite nor very important,
AS tie presidents final decision re-
garding the new tariff issued, but not
yet certainly known, part OF the hesl-
tation which appears to be attributed
to longer uncertainty which must
soon terminate. Conditions, if not en-
tirely favorable, at least have not
changed for the worse during the past
week. The injury to corn is less than
many appreheuded but is still
believed to have reduced the
yield about 100000 bushels, the strike
of coke workers and coal miners
has ended, and while the lockout OF
cotton operatives is important 1t al
fects the earnings and livelihood OF a
much smaller number. In all Jle
great industries some increase ID the
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