The daily morning journal and courier., 1895-08-31
CONDITION OF TRADE.
There is Large Increase In the Volume of
 Business.

There is n Large Increase in the Volume of
 Business.
 New York, Aug 30-Bradstreets says: The concluding week of August sur prises even the more optimistic with striking increase in the volume of busi. ness with jobbers in staples at such centers as New York, Baltimore, Bos- ton, Chicago, St. Louis, Kansas City, St. Paul, Minneapolis and to moderate extent at distributing points in South Atlantic and Gulf states, among them Charleston, Chattanooga, Atlanta, Saw annah, Jacksonville, Birmingham and Dallas. In dry goods, millinery, shoes, hats, clothing and groceries the autumn demand is making itself felt with pros pect of further demand in succeeding weeks. This situation is encouraged by the certainty of an unprecedented crop of Indian corn and phenomenal har- vest of wheat in the northwest as we'll as by the unexpected upward bound of prices of steel and iron, followed by a corresponding gain in demand.
 
 iron is one of the sharpest in week on record, and, following as it does an ad- vance of about 50 per cent. from lowest levels reached in 1S93-94, is enough to raise the question of whether verita- ble boom is impending in the metals. A jump of nearly $2 per ton for Besse- mer pig within a week, $1.50 for billets, $1 for charcoal pig and western mills refusing to take orders for future de- livery, except at value, render these 1n- dustries excited. All forms of finished iron and steel will tend upward in price. The total volume of general trade will tend upward in price. The total volume of general trade for the summer has |lbeen larger than in 1894, and in many instances than in 1893, with the outlook to-day for even better fall demand than many had anticipated.
 The upward and onward impulse of this week is noticeable. All winter lines of goods have felt an improved request. Even at the south, where recovery from the effects of the late trade depression was felt latest, jobbers in dry goods, hardware and groceries announce the receipt of many orders for September delivery Even in Texas, where at the south the state has suffered from drought and at the north from contin- uous rains, and where the cotton crop is to be short in consequence, country merchants report a better feeling in all lines and fair demand for wholesal- CTS.
 The wheat shipments from Tacoma, investments at Seattle, wheat from Portland since the establishment of the new China line, and moderate volume of trade at San Francisco, characterize the situation on the Pacific. The gen. I era1 course of prices has been indicated with reference to the leading metals and higher prices for cotton stimulate advances in quotations for ginghams and prints Wool is firmly held, owing to strength in London. Copper, lumber,
 wheat flour and pork, too, are held at last weeks figures, as is leather, which is easier. Anthracite coal is now de elared to have seen it's lowest prices.
 Bank cIearings at eighty cities in the United States aggregate $SS5, 100000 this week, Is per cent. less than last week, l 19 per cent. more than in the last week of August, 1884, 36 per cent. more than in the like week of 1893, but per cent. less than in 1892, and 21 per cent. less than in 1891. Business failures number 190 in the United States this week, against 192 a year ago.
 Exports of wheat from both coasts of the United States and from Montreal | this week (f1our as wheaD amount to only 1,S71,00 bushels against 2,3S9,00O bushels last week, 3,42O,000 bushels in the week year ago and 5,092,000 bushels | two years ago. During nine weeks of the current cereal year the total wheat (and fiour) exports from the United States and Canada amounted to only | 16, 900, 900 bushels, as compared with 25,- 100000 in like portion of the preceding l year.
 | Montreal reports the volume of gen. l eral trade small, with travellers in many lines not out yet. The Bonaventura and Gaspe fishing industry is unsatisfactory | this season. A moderate business is re- ported from Toronto. Bank clearings at Winnipeg, Hamilton, Toronto, Mon treal and Halifax amount to $16,907, ,0O0 I this week.