The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1895-09-21
CONDITION or TRADE.
Bradstreets Report of the Country's Busi-
ness During the Week.

New York, Sept 2O-Bradstreets to-
morrow will say: General trade
throughout the United States shows
further Improvement in this, the sec
ond week of September, more particu-
larly in manufacturing and commercial
lines at the east and south. From the
central western and some western
states, notably Iowa, there are advices
that purchases of seasonable goods
have been checked this week because
of high temperature throughout the
region specified, but in the south, At
lantic, Gulf and southwestern states
and on the Pacific coast general trade
has been increasing in volume with
improving mercantile collections as a
rule and goods selling with less effort
in many instances.
In support of favorable influencing
conditions are this weeks heavily in
creased total of bank clearings, the
largest weeks aggregate of wheat ex-
ports within three months, the heav-
lest weeks shipments of Indian corn
in seventeen months, the maintenance
of full proportions of the extraordinary
heavy demand for iron and steel and
the significant hardening of leading
money markets accompanied by reports
of increasing mercantile discounts.
Bank clearings from IA cities as tele-
graphed to Bradstreets this week have
| jumped above the billion dollar mark
| 81, 0S2 900, 900. This is gain of 10 per
cent. over last week, 20 per cent. more
| than in the second week of September,
1894 nearly SO per cent larger than
| in the like week after the panic in
| 1898, and only 2.5 per cent. less than
in the week of 1892 and only per cent.
| less than in 1891, when trade was of
very heavy volume. Some of the heavi-
est increases in clearings this week
compared with a year ago are those at
Atlanta, 3S per cent; Milwaukee, So;
New York 2S; New Orleans, 30; Boston,
| Cleveland and Pittsburg, each "a; St
| Louis, 49, and Chicago, 5 per cent.
Prices are more favorable from the
point of view of the holder, advances
| having been recorded in wheat, corn
and oats after a prolonged reaction
wheat, flour, raw and refined SUGAR
| coffee brown and bleached cotton
| goods and print cloths, in sole leather
and turpentine. Quotations have held
steady through the week for cotton
| wool, lumber, hogs and lard, while
| decreases among prices for leading
staples are noted for cattle, sheep, porl,
| and rosin. A special inquiry by Brad
/ streets into prices for more than one
hundred staple products show that il
| the second quarter of the current cal
| endar year that there were advances
| in quota tions for 56, no change fol
II and lower prices reached by only
| rs. Food products constitute thirt
| the list, one-half of which We're lower
July than April / this year,
| Wheat exports, both coasts, aggre
| gate 2.538000 bushels this week, gair
of one-third over last week. but in con
| trast with 3,537,0O0 bushels one yeal
ago, 4.727 900 bushels two years age
and 3,711,00 bushels in the like week
in 1892. Among special trade features
| of the week are the increased demand
| for finished forms Of iron and steel
| following the check in the demand fol
| crude. There is a prospect that whis
key production will be curtailed, de
mand for shoes among manufacturer:
| Is slower in starting up than expect
| ed and the season for light weigh
demand woolens. Advices from De'
Moines are that trade is disappointing
| ly dull, collections poor, money tigh
| and that farmers are holding theil
crops, but from Omaha reports ar,
much more favorable. Savannah
| Jacksonville and Birmingham at th'
south report visible improvement il
general trade.
On the Pacific coast wheat has bee1
hurt by the rain, but the hops not al
| much as expected. Flour is going Il
| the orient by the cargo, as is genera
merchandise to Central America. Tht
| total number of business failures
| throughout the United States thi
week is 218 against 21S last week anC
| as compared with 21S. In the secont
week of September, 1893, the total wa
2S3 and in the year prior it was ia