The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1896-09-30
OUTLOOK FOR TRADE.
Review of 1.-THE Week Sent Out by
Bradstreet's.
CONFIDENCE Is on THE INCREASE.
More business Being Done in staple Lines
In the East and south-Better Feeling in
Jobbing Circies-Improved Demand for
Wool Continues-Exportso Of Wheat and
Flour-The Week In Wall STREET.-THE
verses i'm business.

Flour-The Week in Wall Street.-The
! verses In business.
/ New York. Sept. 2s.-Bradstreets'
says: In eastern jobbing circles the
feeling is one of increasing confidence.
There is more doing in some staple
lines, noticeably at the east and a few
southern cities. In most other in
stances purchases continue for imme-
date wants only. There is little expec-
tation of a general revival in business
prior to the election. Throughout the
central and northwest no material
change is reported in general trade
features. Exceptions are at Cincinnati
and st. Louis, where demand for staple
is larger. Savannah and Augusta re-
port a marked increase in volume of
business. both wholesale and retail.
with satisfactory collections. Memphis
and Galveston report moderate gains
in demand and sales. Improvement is
shown in various commercial and in
dustrial lines at New York. Boston.
Providence, and Pittsburg. Improved
demand for wool continues, with an
upward tendency in prices. Demand
from England remains noticeable, but
is offset by high rates of freight and
scarcity of ocean room. There is bet
ter jobbing movement in cotton goods,
which are higher. Not much more
wooden machinery has been started.
The starting up of iron mills and fur
naces is conspicuous, but makers in
some instances seem to be anticipating
demand.
Exports Of Wheat.
wv 70 nf iv,ol 1A1
wheaD from both coasts of the United
States and from Montreal this week
amounts TO 3,slS,646 bushels dispatch
from Newport News not received) as
compared with 3,566,OO bushels last
week, 3,5l5,O0O bushels two years ago,
1852, 900 bushels threeyears ago, and as
contrasted with 3,49O,O0O bushels in the
corresponding week of 1893. The total
number of business failures through
out the United States continues large,
321 this week, compared with 315 last
week, 1873 in the fourth week of Sep
TENDER 1895, 204 in the like week of1894,
and as contrasted with only 232 in the
. corresponding week Of 1898, in which
week there was a heavy falling off
from the total the week before. In the
like week of 1892 year of comparative
business prosperity, only 143 business
failures were reported, compared with
321 this week. There are thirty-four
business failures reported from the Do
minion of Canada this week, compared
with forty-one last week., thirty-fiv
in the week year ago, thirty-one two
years ago, and as contrasted with thir-
ty-siX three years ago.
Week i'm Wall Street.
The advance of the Bank of England
rate from 2l2 to per cent, the harden
ing OF the open market for loans at
London, and a slight rise in exchange
rates here seems to impose check on
the inflow of gold from Europe but
in view of the activity OF grain and
other exports, il is thought that the
movement of specie this way will con-
tinue, though upon a more moderate
scale. During the week, however, less
than s5.500,000 gold was secured in Lon
don and Paris for shipment here, max
ing the total to date about $40, 900 900,
Of which $Sl 100000 has already ar
rived. The total treasury holdings may
be put at about 1924 GOO, 900, as against
s101 900, 600 when the gold inflow began.
This is undoubtedly a factor in Great
ing the better feeling which affects the
course Of share market values. The
IldThet continues 10 ne III the main
professional affair.
Influenced by Pending Troubles.
Public participation cannot be de-
tected and the foreign markets, while
more favorable towards American Sc
curities, are influenced by pending
troubles over Turkey and the rise in
interest rates. On Friday further ad-
vances were scored, and large inter-
ests in the market seem to be working
generally on the bull side of the mar
ket. The bond market has exhibited
the effect Of the influences above re-
ferred to in a decided degree. Govern
ments have been quiet and firm, and
investment issues show a better de-
mand and in some instances apprecia-
BILE recoveries. Transactions in munic-
ipal obligations are still arrested by
the financial uncertainty, and little or
nothing is doing in that department.
On the stock exchange the low priced
and speculative bonds have been active
and advancing, feature being the
presence of foreign buying orders
Reading securities naturally shared in
the Improvement Of the stock.
Excitement on Train.
Madison, Wis, Sept. 2S.-Henry Rorh-
er of Madison, while trying to arouse a
sleeping passenger OF. a Chicago and
Northwestern train coming into this
citv Friday night WAS SevereIv Ia pdIad