Phoenix weekly herald., 1897-09-16
THE STATE OF TRADE.
Continued and Increasing Activity in Business

Continued and Increasing Activity
 in Business.
 From Brddstreets of this week we
 make the following excerpts, which are
 very encouraging:
 l Previous activity in all lines of trade | Is maintained. There is a better tone
 to demand from jobbers. and the vol-
 rmn of business in wool, leather, clo' h. ing, hats, groceries and ligbt hardware has increased. There is a better request for woolen and cotton goods and for
 boots and shoes. Some wholesale mer- chants st western centers report the largest volume of August trade on rec- ord. There has been an increased con- sumption of cotton by southern mills. / Western iron and steel mills have or ders to keep them busy until Jsnuary l. In the central western states the bit luminous coal strike has had furtneY depressing effect on the general indue commercial houses have had to work overtime to meet the demand for goods, and the warm weather Is reported to have practically assured the Indian corn crop. On the Pacific coast wheat exports have been checked by Inability to secure crews for vessels. Mercantile collections have greatly improved in some sections.
 Last weeks general and unprecedent- ed expansion of prices for staples is con- tinued, wool, cotton and woolen fabrics, hides, leather, white pine lum Der, sashes and doors, iron and steel bars, billits and rode, wire nails, bRrbed wire and southern foundry iron, wheat, corn, lard and euger having advanced and higher prices being expected for boots ard shoes. Lower prices are recorded for cotton. wheat four and coffee, while those for oats, pork, print olothe, petro- leum and coal are unchanged.
 The weeks clesrings, amounting to S1.130,000,000, are very heavy, 73 per 0 mt larger than in the like week in 1S93 low water mark during the panic, and 40 per cent larger than in the cor responding period in 1894. Contrssted with one year sgo the increase is 37 per cent. with two years ago it is 9 per cent, with the like week Tn 1892 it is Is per cent, with 1890. 13 per cent and with last week, per cent. The cores bonding total in 1891 was nine- tenths of per cent larger than that reported this week.
 Worlds available stocks of wheat (Amerlcsu, European, sfiost and Aus ( I ported by Brddstreet's at 67,913 900 bushels the smallest of any like date.
 Bank oleaFings for August form @ new record for that month. Last months total, S4. .S10,s7s. .6S3, is only 20 per cent smaller than the largest total gain, oom- pared with the year before, of any oleariDgs in four years.
 Increasing railroed earnings and ru- mors of corresponding increases in div idend rates have been the foundation of an exceedingly active stock market at New York, with extreme advance in prices.
 This weeks exports of wheat (and flour as whegt) are the lRrg est with two exceptions, the second week of Septem- beg and the fourth week of August, 1891. Total shipments amount to {, ,298, PAT bushels. against g. .149, ,653 bush- sls last week, ,369, 1862 bushels last year.
 Shipments.ot corn are sleo large, sg- yregatinG 3.1s5,C64 bushels this week, ,gsinst 2,6S2, 1852 bushels last week.
 There are only 19S business failures eported throughout the United States his week, against 21O lsst week, 336 in he week one year ago.