The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-09-20
London, Sept IA p. m.-Closing:
TRADE AND COMMERCE
Bradstreet's Trade Review.

NEW YORK, Sept. 14,-Bradstreet's
tomorrow will say:
All the features of improvement in
general trade reported week ago are
retained, and for number of the more
important business centers still further
gains are reported. Commercial trav-
elers from Baltimore are taking the
round trip to the South and regard the
business prospects as exceptionally
bright.
At various Northwestern centers the
colder weather has stimulated the
sales in dry goods, clothing and shoes.
Wooden dry goods are not sold as ac~
lively as in previous weeks, jobbers
not carrying supplies beyond what the
public are likely to take before Jan. 1.
encouragement is gained from i'm
proved demand for money at Savan-
nah, Augusta and New Orleans, due to
increasing receipts of cotton and de-
mands for handling the crop. At Chi
cago money is more active aid some
bankers have withdrawn from the
agreement to pay only l'2 per cent
on balances of country banks and will
paw 2 per cent. The southern pig iron
market may be gagged by sales at
Nashville thus far this month equal
to total sales during August. lnquir~
les are received from the North for
heavy blocks of pig iron. Demand for
zig iron is also marked at Chicago, but
has decreased at Pittsburg and st.
Louis.
Bank clearings for six business days
ending with Sept. 10, aggregating
1858, 900, 900. show Z per cent more than
in the week before and nearly per
cent more than in the second week OF
September, 1898, though % per cent
smaller than in the &C responding
week of 1892. From this 1t Will be
observed that the fortnight's clearlngs
corroborate Bradstreet's previously
published reports OF improvements In
the state of trade during period.
The check in purchases OF wool after
heavy buying tends to weaken prices
and cotton is reacted l l-16c after It's
marked advance.
Pig iron is 25c ton lower and hard
ware and dry goods jobbers at centers
report increased sales, due to lower
quotations. Live stock at Kan
ses City and Omaha have
weakened on heavy receipts OF
moor grades, all of which comprise the
chief decrease in price OF staples;
They are offset by tirmer markets and
advances for leather, petroleum and
sugar, for print cloths, due to Gecreas-
ing cottons and cotton goods, owing to
the strikes of operatives. Wheat is up
lac. corn 3.1c. oats / l'6c, pork Lee
lard 13c and coffee 1s4c.
Gross earnings for railroads Tor
August, covering returns for l23 ROADS
having a mileage of 100000 OF main
Inc, aggregated SAP, 461 600, g@inst
40 0sO, $50 in August, 1898, gain OF
d-1O of per cent. This compares
with a decrease of II per cen
in July from July, 1893, and Is the hrst
inersaSe shown in any month this year
over the like month of last year. Inc
showing Of the various groups OF i&ll'
lads nTesept an irregular distribution
- F'i increases. the most favorabIy being
bv Southern lines, which increased III
~ cent in August last year. The
Pacific lines report gain OF = . per
cont and the Southwestern roauS an
increase of 9 per cent over august
1898. ,orts If limited
So. nh and Canada for six months end"
inc Sept, 10, flour included as "nea''