The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-04-20
DISTINCT GAIN SHOWN
Bradstreet's Report on the Bus
mess Outlook.
THE PAST WEEK A FAVORABLE ONE.

Promising Weather Stimulates the Demand
for servIeeabIe handise-Increassd
Volume Of business Most Conspicuous In
the West-slight Increase I'm. Business
Failures Over the Previous Week-In-
Creased Activity I'm Speculative Markets
NEW YORK, April q. 2o.-Bradstreet's says:
Favorable weather, except In some north
western states, has stimulated demand
for seasonable merchandise notably light
summer clothing On the whole the
week presented distinct gain. This Is
not SO much apparent at eastern centers,
except Baltimpre and Pittsburg as In the
central Mississippi river valley. At some
northwestern cities the movement Of
merchandise has declined, but at a num-
Der In the east IL is unchanged. while
southern cities in most instances report
business quiet, and in others less favorn-
BILE There 10 q better demand for cotton
machinery to 20 south; eastern cotton
dyers are buster, and there is a demand
for hard ware. machinery and locomotives.
Preparations are making at most lake
ports for the opening of navigation, one
OF the first effects OF which will be to re-
lease 10. 0O0, 600 bushels Of grain In store ut
Chicago
Increased Business In the West
Increased volumes Of business ia most
conspicuous west, at st. Louis Chicago,
Kansas City. Omaha milwaukee,, and
Memphis Less gain is shown on the
Pacific coast except in export lines, ship
ments OF lumber from Portland and San
Francisco being conspicuous. Tacoma
lssr and
ton across the Pacific and to South
Africa Exports OF wheat (tiour inclnded
as wheat) from both coasts OF the United
States this week amount to 2,ol7,0jo
bushels against |. 75i 0O bushels iast
week, 8 l65. 900 bushels in the week year
ago 3l9, ,0OO in tho week two years ago,
and as compared with 3 963 900 bushels in
the corresponding week OF 1898 Exports
of Indian corn amount TO l074, 900 bush
els this week, against l. 39I, 0J0 bushels
last week, 77S, 0O0 In the week u year ago,
and 2,Of00o0 bushels in the week two
years ago. Total business failures In the
United states are 244 this week, against
23i last week, 2l9 In the correspondent 2
week of 1895. 2l2 in 1894, and 2i7 in 1898,
which Is smaller excess than the aver
age increase weekly during the first quar-
tor OF the current year.
Speculation Much Healthier.
Increased activity and advancing quota
tions have given a much healthier appear
ance to speculation. The movement which
developed this week has been attended by
number OF gratifying circumstances,
among which leading place should be
given 60 the temperance Of public inter-
est and TO the fact that attention has
turned from the manipulated industrials
to railroad shsseszaad the more egitimate
speculatives gpnsrsny The bulhsh de-
| monstration is to certain extent, based
upon the expectation Of greater business
| activity with the progress OF spring and
| the prevalent impression that despite the
damage already done to winter wheat the
season opens auspiciously for other crops.
The belief that the session Of congress
will soon terminate was not without ef-
feet while the relegation OF foreign con-
| troversies toia position tof secondary i'm
portance had tendency to revive specu-
Islative ,coafersnoe. Above islls however
the change in Iondon's attitude toward
| American bonds and stocks, was calcu-
lated TO produce decided impression
hene.s~
/ sg,,.i. Reflection from London.
In fact the weeks bullish movement in
| our market is, in a measure, reflection
of what is going on In London, where
more or less of a speculative revival Is In
| progress, the enormous and long pent up
| Investment demand there having dem
.onstrated its power by a marked rise in
consols and "'hoine" securities South
| Africans. so long the absorbing specu-
| lstive ieatare of the London market, are
| now ia JistaSor, and as would be nat
ural the speculative attention Of the
| British public has, in measure
| turned toward American stocks. Wall
| street lays much stress upon the
presence of Mr. j B. Morgan in Europe,
| and, whether correctly or otherwise. cred
its that gentleman with having used his
inflaence to assist the r.ovement in ques-
ton II cannot indeed, be said, that pur'
chasing of stocks for foreign account has
| been on "a large scale. Nevertheless, a re-
vivcd interest in our market has been
shown by foreEgn investors and specula-
tors, and orders for bande. ef the better
class have come from London in sufficient
| volume 20 affect that department very
L favorably