The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1895-09-07
RRADsTREET's TRADE REVIEW

l "
Shows n Striking Increase in the Volume
of Business With the Jobbers in Staple
Lines-A Veritabie Boom In Ilessemer
Pig, While In Dry Goods, Millinery,
Shoes. Hats, Clothing and Groceries the
Autumn Demand is Good.
New YORK. Aug. 3l.-Bradstreet's
to-day says:
The concluding week of August sur
prises eve the more optimistic with a
striking increase in the volume of
business with jobbers in staple lines,
at such cenUers as New York, Balti-
more, Boston. Chicago, st. Louis, Kan
sas City, st. Paul, Minneapolis. and to
a nor moderate extent at distributing
points in south Atlantic aud gulf
states, among them Charleston, Chat
tanoogo, Atlanta, Savannah. Jackson
vile, Birmingham and Dallas.
In dry goods, millinery, shoes, hats,
clothing and groceries the autumn de-
mand is making itself felt, with the
prospect for a further improvement in
Immediately succeeding weeks.
This situation is encouraged by a
practical certainty of an unprecdent-
ctlN large CEOp VI lhtldh Gull dlu al
phenomenal harvest of wheat in the
northwest, as well as by the unex-
pected bound of prices of steel and
iron, 70 owed by a corresponding gain
in demand. The gain in quotations
for steel and iron is one of the shap-
est within n week IN record, and
following, as it does, an advance
of about 30 per cent. from lowest
levels reached in 1S93-9i, is enough to
aise the question of whether a verita-
ole boom is impending in these metals.
A jump of nearly So per ton for Bes-
semer pig within a week, SI.5O for bill
lets. 81 for charcoal pig, and western
mills refusing to take orders for fu-
true delivery except at value, renders
these industries excited. All forms of
finished iron and steel will tend up
ward in price.
The total volume Of general trade
for the summer has been larger than
in 1894. and in many instances than in
1898, with the outlook to-day for even
a better fall demand than many antic-
ipated. The upward and onward i'm
pulse of this week is noticeable. All
winter lines OF goods have felt an i'm
proved request, and manufacturers and
jobbers are preparing to handle a large
fall trade.
Even at the south, where recovery
from the effects of the late trade de-
goods, hardware and groceries, an
nounce the receipt of many orders for
September delivery. Even in Texas.
where at the south the state has suf-
tered from drought, and at the north
from continuous rains, and where the
cotton crop is to be short in conse-
quence, country merchants report a
better feeling in all lines and 4 fair
demand from wholesalers.
Increased wheat shipments from Ia
coma. investments at Seattle, flour
shipments from Portland (since the es-
tablishment of the China steamship
line) and n moderate volume of trade
at San Francisco characterizes the sit
uation on the Pacific coast.
, Exports of wheat from both coasts
of the United States and from Mon
treal this week flour i~ncluded) amount
to only 1.s71,OOO bushels, against q
$50, 900 bushels last week. 1920, 900
bushels in the corresponding week
one year ago, and ), O92, 900 bushels two
years ago.
During nine weeks of the current &C.
real year, total wheatan flour exports
from the United States and Canada
amounted to only Ii. 900, 900 bushels, as
compared with -, 900, 600 in 4 like por-
ton of the preceding year.