The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-09-15
Bradstreet's Review.

NEW YORK, Sept. H.-Bradstreet's to-
morrow will say: All the features of i'm
provement in general trade reported a week
ago are retained and from a number of the
more important business centers stin
further gains are reported. Commercial
travellers from Baltimore are making their
second trip to the South and regard the
business prospects as exceptionally bright.
From various = Western centers colder
weather has stimulated the sales in drv
goods. clothing and shoes. Wooden dress
goods are not sold as actively as in preyi-
Gus weeks. jobbers net carrying supplies
beyond what the public are likely to take
before Jan. /. Encouragement is gained
from improved demand for money at
savannah, Augusta and New Orleans. due
to increasing receipts OF cotton and de-
mandsi for advances on the crop. At Chi
cago money is also more active and some
bankers have withdrawn from the agree
ment to pay only ~ per cent. on balances
of country banks and will pay . per cent.
The Southern pig iron market may be
gagged by sales at Nashville thus far this
month equal 10 total sales during August
Inquiries are received from the North for
heavy blocks of pig iron. Demand for pig
iron is also marked at Chicago. but has de-
creased at Pittsburg and st. Louis.
Bank clearings for six business days end
ing Sept. ID a~ggregating 1858. 900. 600 per
cent. more than In the week before and
nearly 5 per cent. more than in the second
week of September. 1893. though % per
cent. smaller than in the corresponding
week of 1892. From this II will be ob-
served the fortnight's c~learings are cor
decorative of Bradstreet's previously pub
Iished reports of improvement in the state
OF trade during that period. The check in
tends TO weaken prices. and cotton has
reacted ! l-6 cent after its marked ad-
vance. Pig iron is D cents a ton lower
and hardware and dry goods jobbers at
Western centers report increased sales due
10 lower quotations. Live stock at Kan
sas City and at Omaha have weakened on
heavy receipts of commoner grades, all of
which comprise the chief decrease in price
of staples. They are offset by firmer mar
kets and advances for leather. petroleum
and sugar, for print cloths due to decreas-
strike of operatives. Wheat is up Il cent;
corn, IL. cent; oats, l cent; pork, y cent;
lard. Is cent. and coffee. 4 cent.
Gross earnings for railroads for August
miles of main line. aggregate So. 46I 600.
against Si2.0s0.Ss in August. 1893. a gain of
$40 OF l PEI, cent. This compares with a
decrease OF II per cent. in July. from July,
1898. and is the first increase shown in any
month this year over the like month of last
year. The showing of the various groups
OF railroads presents an irregular distribu-
ton of increases, the most favorable being
by the Southern lines. which increased 10
per cent. over August last year. The Pa
cifc lines report a gain OF % per cent
and the Southwestern roads an increase of
IL per cent. over August. 1899.
Exports of wheat, both coasts of the
days ending with Sept. 13 (iour included as
wheaD continue fairly well maintained.
the total equaling 2,7ss,o0O bushels. con-
the second week of September last year.
1884. eco in the week two years aro and
With 6.954,oO in the week three years ago.