The record-union., 1894-09-15
STATE OF TRADE.
The Improvement Last Week Still
Maintained.

1u6 4mpEONtIuShO LuSb w N0OA SIlII
Maintained.
NEW YORK, Sept. 14.-Bradstreet's to-
morrow will say: All the features of inn
provement in general trade reported a
week ago are retained, aud from /. NUM-
ber of the most important business CEN
ters still further gains are reported.
Commercial travellers from Baltimore are
making their second trip, and they re-
gard the business prospect as exception
ally bright. At various Northwestern
centers colder weather has stimul lated the
sales Of dry goods, clothing and shoes.
Wooden dress goods are not sold so ac-
lively as in previous weeks. Jobbers are
not carrying supplies beyond what the
public are likely TO take before January
lst. Encouragement is gotten from the
improved demand for money at Savan-
nah. Augusta and New Orleans, due to
increased receipts of cotton and demands
for advances on the crop.
At Chicago money is also more active,
and some bankers have Withdrawn from
the agreement to pay only II per cent on
balances in country banks, and will pay
Z per cent.
\ The Southern pigiron market may be
gagged by the sales at Nashville, thus far
this month equal TO the total sales during
August. Inquiries are received from the
North for heavy blocks of pigiron. The
demand for plgiron Is also marked at
Chicago, but has decreased at Pittsburg
and st. Louis.
The bank clearings for the six business
days ending with September 18th, aggre-
gated 1898, 100000. seven per cent. more
than in the week before, and nearly per
cent. more than in the second week of
September, 1893, though % per cent
smaller than in the corresponding week
of 1892. From this it will be observed
that the fortnights clearings record
corroborates Bradstreets previously
published reports of improvement in the
state of trade during that period. The
check in purchases of wool, after heavy
buying tends to weaken prices and cot
ton has reacted l-16c after its marke ed ad-
vance. Pigiron is 70 cents ton lower,
and hardware and drygoods jobbers at
Western centerS report increased sales,
due to lower quotations. Live stock at
Kansas City and at Omaha have weak
ened on heavy receipts OF commoner
grades. all of which comprise the chief
decrease in price of staples. They are
offset by firIner markets and advances
for leather, petroleum and sugar; for
print cloths, due to stocks; and cotton
goods owing to the strike operatives
Wheat is up &c, corn 1&c, oats 1bc, pork
pc, lard 4c and coffee &c.
The gross earnings of the railroads for
=,
having mileage of 100000 miles of main
line, aggregate 81 46l, 900, against $42, ,0S0.-
$50 in August, 1893. gain of nine-tenths
of l per cent. This compares with de-
crease of II per cent. in July from July,
1893, and is the first increase shown in
any month this year over the like month
of last year. The Pacific lines report
gain of 2 per cent, and the Southwestern
roads an increase of ! per cent. over Au-
gust, 1898.
Exports of wheat for both SITS of the
United States and Canada for six business
Gays, ending September 18th flour in
cluded as wneatl, continue fairly well, the
total equaling 2,7S9.000 bushels, con-
trasted with $4,000 last week; 5,357. 900
in the second week of September of last
year, 1884. 600 in the week two years ago.
and with G, 6,947, 900 in the week three years
ago.
There were 227 business failures re-
ported throughout the United States this
week, against 20S last week, and 800 in the
week year ago.