The daily morning journal and courier., 1896-09-12
OUTLOOK FOR FALL TRADE
INST1PLE LINES THERE HAS BEEN 4 SUBSTANTIAL AUTHORITARIAN

Most Trade Centers Report Better Feel
 ing and Prospects for More Active De-
 mand-No Such Gain in Financial as In
 Commercial Circles-New Orleans Bank
 Failures Cause Uneasiness-In some
 Sections Collections Are Much Easier
 Higher Prices Likely to Prevail in Oats
 and Cotton-Bank Clearings-Fa Failures
 for the Week.
 New York, Sept. 11-Bradstreets to- morrow will say:
 The feeling among jobbers and man ufacturers last week, that an improve ment in demand for seasonable staples was in sight, was well founded, for at more than a dozen centers south and west demand is now more active, the volume of sales has increased, and the outlook is more favorable for business later in the autumn.
 Notwithstanding the Labor day in terruption, the weeks volume of husi- ness is slightly heavier, several cities reporting larger demand this week to replenish depleted stocks than during two preceding months, notably among jobbers in groceries, hardware, dry goods, millinery, hats and shoes.
 The most marked improvement is at Chicago, St. Louis, St. Paul, Minneap- oils, Pittsburg, Charleston and Angus ta, although other cities have reported a better feeling and prospects for more active demand
 No such gain has taken place in financial as in commercial circles. While there is an increased demand for mercantile discounts, the supply of money is larger and the rates for mon ey remain unchanged west and south, with no change or higher quotations at eastern cities.
 New Orleans bank failures have re- suited in restricted loans and volume of trade at a time when the early move ment of cotton and sugar prospects had stimulated trade.
 In Texas farmers are holding cotton for an advance in price and lsadng Georgia jobbers find mercantile collec- tions much improved. Providence re ports better tone among jewelry and cotton goods manufacturers and the latter are running full time. There is more encouraging look to the prices movement also. Wheat is up again in continued active export movement and a very general tendency on the part of crop reports is to make out a short age.
 Short crop views as to oats and cot ton have like effects, the latter finally having some influence in raising print cloths quotations since surplus stocks of cotton goods have begun to have less weight. In addition there are higher prices for anthracite coal and for pe- troleum. Enormous prospective sup plies of Indian corn and hogs depress prices for them and for pork and lard. Quotations for coffee are also off on the week and several sales of large lots have been made at cut prices.
 Bank clearings for the current week aggregate 5000, ,OGo, which is 8 per cent. less than last week and A per cent. less than the like total year ago. Monthly gross earnings of rail- roads at last begin to show results of the business depression of the past summer. August earnings on 104 roads aggregate $36,622 6s9, a decrease of "A per cent from a year ago, Two-thirds Jf all the roads making comparison with August year ago show decreases. For the eight months the total aggre- gates ;s279, ,859, ,463, a gain of 5.3 per cent. over 1895
 Business failures throughout the cyI.. which is 95 more than in the like week of 1895. At Toronto general trade has improved slightly, many country mer- At Montreal there is a quiet move ment.