The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1895-08-10
CONDITION or TRADE.
Bradstreets Reports Very Good Business
For the Past Week.

For the Past Week.
New York, Aug. 9,-Bradstreets to-
morrow will say: The features of the
week are a continuance of the remark
able strength of the demand for in
crease in the production of and the ad-
vance in prices of steel and iron, prac-
tically all first class producing plants
having been put into service and not a
few of the cripples. No rebound since
the depression of 1894 has been stronger
or more surprising than that in iron
and steel. OF the same nature is the
evidence of improved business condis
tions shown by the activity in almost all
manufacturing lines, more particular
ly in those in which iron and steel are
employed. Demands for cars have been
heavily Increased, as have requests for
steel rails, and in consequence the Bes-
semer pig iron. In cotton goods, pres
ent prices, which have an upward ten
dency, do not represent the full ad-
vance in the quotations of raw mate
rial While midsummer dullness char
acterizes all but few departments of
industry and commerce, it is plain that
the distribution is far in excess of the
total of year ago, and that the out
look Is quite favorable. Prices have
shown no great change this week, cot
ton, leather and prints being note
worthy for advances, and copper for
its strength after its sudden upward
rush in prices.
AT large eastern centers the only
noteworthy change is In increased
confidence in a large volume of bust
ness in the fall, though as yet no mate
rial progress has been made in that di-
rection although Improvements in sales
Of commercial travellers is reported
from most cities covered. There have
been moderate changes in general trade
| in the southern states. the most strik-
ing being at Dallas and in general
| throughout Texas. Crops of cotton and
corn there are large, and country mer-
chants are buying more freely. Build
| ing is quite active in Texas, and has
| had the usual effect on the building
trades. At Memphis there has been a
gain In the volume of merchandise.
| At Nashville business is quite active,
with an improvement in collections,
! owing to the marketing of wheat.
Arrivals of new rice at New Orleans
are small and prices unsatisfactory,
With the free movement of new crop
cotton, southern wholesale merchants
are confident general trade will prompt
| ly respond. The center of commercial
activity at the west follows a line
drawn from st. Louis through Chicago
| st. Paul, and Minneapolis, with an Inn
| provement also shown along the Ohio
| river valley.
| Reports of large crops of Indian corn
and spring wheat continue a feature
and although corn will not be beyond
danger for more than month interior
merchants at man points are beginning
| to discount the outlook by purchasing
| more freely for fall orders for dress
goods. hats, caps, clothing and shoes
| to a large degree the result of personal
selection by interior merchants
| General trade on the Pacific coast
has improved within a month One Of
the features is the recent Importance
of the foreign trade of Seattle hnd
Tacoma. The development Of our in.
terchange of commodities with oriental
| Mexican, Central and South American
countries is having marked effect up.
on the cities named. San Francisco
authorities wire that the wheat cror
in California is admittedly below the
normal and that fruits in that state
are ripening faster almost than The
lcanneries can handle them.
Exports Of wheat, -four included az
wheat, from both coasts of the United
States and from Montreal amount u
1,550,O0O bushels this week against 3,417,
900 bushels I'M the week year ago.
On August 1 American, European ant
Iafloat for Europe stocks were smaller
since than 1892 at like date, $4,000, ,OOt
bushels less than one year ago and 49,,
000,0 900 bushels less than two years ago
But as compared with August l, 1892
the Increased quantity held this year i.
20 000, 900 and as compared with 1891 tn,
increase is SO, 900. The bullish fea
ture of the exhibit is found in the un
precendented decrease-more than II,
UUU,UUU IN the WOTlu SlOChS Oh WHed
during July this year. In July 1889 tht
worlds stocks of available wheat in
creased about 100000.
An Improvement in trade is report
ed from Montreal where maturing bill;
met ON August l was in excess Of an
ticipations, renewals asked for havins
been fully 10 per cent. fewer than a yea
ago. Canadian cotton manufacture
have advanced prices for all products
ad wooden goods markers on some {.
their fabrics. Crop reports from al
points in Nova Scotia indicate NOR
than an average out turn, notwith
standing the recent draught. Banl
lclearings at Winnepeg, Hamilton, To
ronto Montreal and Halifax amount Il
$40, ,934 900 this week against $17,794, 90
a year ago.
| Tool Company Assiens