The evening tribune. (Pawtucket, R.I.) 189?-190?, 1897-08-14
REVIVAL IN
BUSINESS.
More Activity Noted in
Many Lines Than for
Several Years.
A Lively and Widespread Feeling
of Confidence Exists on the
General Outlook.
MUCH REJOICING AT THE CHANGE.
Upward Impetus Encourages Merchants Every.
e-Brsdstreet's Review Makes
Very Cheerful Reading.
MUCH REJOICING AT THE CHANGE.

New York, Aug. 14-Bradstrcet's says:
Evidences Of widespread revival In de-
mand for merchandise and other pro-
ducts have become SO numerous as to
compel general recognition. The press
has, therefore, ceased discussing whether
trade has really improved or not, and
have begun measuring the volume Of
business compared with preceding
periods.
A buoyancy of feeling has appeared
among buyers and sellers at New York.
Baltimore. Chicago. st. Louis and Kan
sas City. where interior merchants have
thronged this week, the like of which has
not been seen for several years. In
terror merchants are buying dry goods,
clothing, shoes. groceries and fancy arti-
cles far more freely than at any time
since 1892. Crop conditions have i'm
proved In the South and Southwest, an
merchants there are greatly encouraged
Southern lumber mills are not able t.
keep up with their orders, and innumer-
able small consumers Of iron and steel
throughout the Central and Western
states are buying raw material as they
have not for many years.
A nominal advance OF rs cents ten
on steel billets Is more than a feature,
as 1t means q confidence Of makers In
an early revival Of the demand for iror
and steel which has been SO long de-
layed.
Wheat scores an advance Of cents
on continued heavy exports and a ten
dency to decrease estimates OF the size
Of the domestic crop. Wool Is higher
on speculative holding, and cotton yarns
have advanced again. Hides and South
ern lumber are up, as are wheat and
flour, Indian corn and oats, and last,
but not least, print cloths, the market
for which has been so long depressed
Prices for sugar, lard, coffee and petro-
leum remain unchanged, while pork is
almost the only important product
quoted lower than last week.
Total bank crearings throughout the
United States continue to register
steadily increasing volume Of trade.
They amount to s1,153, 100000 this week.
an Increase of about 8 per cert over last,
35 per cent over the second week In Au-
gust, 1896, 29 per cent more than the
like week of 1895, when there was a
moderate expansion of business; 46 per
cent more than the corresponding week
of 1894, when the total volume Of busi-
ness was OF small proportions, and "A
per cent more than In 1893. The weeks
increase compared with the total In the
second week In August, 1892, the year
before the panic. Is about Is per cent
Gross railway earnings for July prove
that the corner has been turned in the
transportation business, and that pros
va n fOr hor ro nxxo xyo Of 4 k,ar
try has begun. The one unfavorable
feature. the soft coal strike. has not ex-
erted it's anticipated unfavorable in
fiuence, but its settlement would remove
a serious check to business in the Central
West.
There are PA business failures reported
throughout the United States this week.
compared with 214 last week, 25S in the
second week of August. 1896; 1875 in the
like period In 1895. 234 in 1894, and 2O9 in
the like week OF 1898.
Exports OF wheat (fiour included as
wheaD from both coasts Of the United
States and from Montreal this week ag-
gregate 4.460.5l9 bushels, an increase
over last week OF more than 100, 900
bushels. and compared with the ship
ments In the week a year ago Of 2,635, 900
bushels, 1,Ss4.000 bushels in 1885, of D.
$500 bushels in 1894, and Of 6.l.9.0O0
bushels In 1898. The world wide char
acter OF the demand for cur wheat and
-four Is illustrated by the export from
both coasts OF this country TO such far
off and infrequent customers as l. ,
de Janelro In Brazil. Callao In Peru. and
Surabaya In the island OF Java, not TO
mention heavily increased shipments to
Europe. China and the east. Total ex-
ports of Indian corn this week aggregate
3,275.652 bushels. against 3.223. 900 bush
els last week. 1857 900 bushels In the week
a year ago. 81, ZOO bushels In 1895, 1G6, 900
I'm 1894 and 4 734. 600 bushels I'm 1899