The San Francisco call., 1897-07-16
WHEELS OF
COMMERCE
TN MOTION
So Say Representatives Of
Various Branches of
Trade.
LEA Hen lhAUL ~ VIII DNioh.
Wool and Hides Bring Good
Prices and the Demand Is
Increasing.
BANKS REPORT LARGE BUSINESS.
Merchants Generally Say That the
Future Is Very Bright for
California.
BANKS REPORT LARGE BUSINESS.

Merchants, bankers and business men
of all classes yesterday confirmed the
statement made in Yesterdays CALL that
the revival of business was not OF a
chimerical, evanescent character or mere
ly an anticipation of the future, but say
that it is already fact. Especially from
the hide and leather business were the re-
ports OF gratifying nature. and the feel
ing that com merce, in all its branches,
has awakened from its long slumber,
seems to pervade the business com munity.
Following are expressions from business
men whose opinions are considered au-
thoritative in their various lines:
=. III. Frank 4 Co., leather-deal-
ers-Busness is brilliant, is large. Our
orders are immense from Iowa, Ne
braska. Missouri and. in fact from
all over the Middle West. Money IS
very easy, which encourages speculation,
and speculation, owing TO the improved
condition of affairs generally, is activ,.
The feeling in trade is a feeling of cer-
taintv, of large transactions, and they are
large already. The market is very active.
The Norton Tanning Conn
pany-Our safes lor May ana June are
the best we have had for ten years. We
certainly have no occasion to find any
fault Yet this is generally our dull time.
We never have seen the time when our
bills have been more promptly paid than
tbev are now.
Bissinger & Co., leather deal
ers-Hide and leather have advanced TO
q consid erable extsnt owing to the tariff
legislation and scarcity of raw material
There seems TO be healthy demand for
all kinds of leather, and th- manufacture
of boots and shoes in his City seems to
be increasing. Collections are good.
Money is easy. Wool has taken a very
strong upward movement. Prices are
very firm and steady. The whole indus
try has very bright prospects ahead. The
only thing which seems to retard busi-
ness is the slowness i'll passing the tariff
bill.
At the banks the reports were very fat
terng, and from the savings banks, doing
business mostly with small deposltors,
tie accounts We're particularly bright.
William AlvOrd, president Bank
of CaIit, rnia-Bu mess is a good oeal bet
ter. The general feeling is much inn
proved. Money Is plentiful. Collections
are good.
Wells. Fargo & Co.'s Bank-Busi-
ne mas Ueen letting letter right along.
Every thing is looking toward improve
ment. Collections are fairly good.
IgnatZ Steinhart. manager Anglo
Californian Bank-Buslness appears TO be
much more active, with good prospects of
further improvement. Many OF our clients,
particularly in the interior, report collec-
tions much better than heretofore, and re-
ports generally from the country indicate
fair crops, which will assist materially in
the way OF improvement in the condition
of trade. The uncertainty of the situa-
tion connected WI the tariff still acts 10
a certain extent as check on business.
President German Savings
and Loan Society," have been
CONNECTED With TINS bank for many years
and the mum Der of small depositors has
never been greater than it is now. This
has always been an indication 10 me OF
the situation among the ordinary people.
We are agreeablv surprised at the mum ber
OF people coming in, especially on Satur-
day nights between and s O'Clock, mostly
laboring men who have no other oppor-
tunity to make their deposits. Our busi-
ness is generally with the poorer or work
ing C ass.
Cashier San Francisco Saw.
imgs UmiOm-There has been ve.y
great iln provement and there is no antici-
patton OF further depression. There is no
scarcity on money and there is a hopeful
ness that has not obtained here lofoP
The people from the country are gong o
pay their interest this year better than
they have done for four or five years.
That is assured. The mum ber of small
deposits has greatly increas ed, showing
| there is no depression among the people
here.
Cashier TaIlant Bankin.
Com mpany-Chere Is very much be-
ter ieenng than there was before election.
| The demand is very good for money as
far as We are concerned. We are very
| hopeful and the situation is certainly bet
| ter than 1T was last fall.
Adam Grant OF Murphy, Grant &
| Co.-There Is improvement. Prospects
are good for the future. l think everv-
| thing will be all right as soon as the tariff
howling Gala at all. On the con-
| trary, l think things ars looking much
| better for the future generally.
Neustadfer Brothers, wholesale
clothiers- Business is lmprov ng Col
| lections are good and prospects are very
| bril- hit.
Calm. Nickelsburg & CO..
| manufacturers boots and shues-BuslneSs
| is improving. 1t is much better tnan II
was at this time last year. Collections
| are fair and business is particularly sound
| lust now. There are some peope who
| would kick no matter bow GOOD business
! was We have no cause for complaint.
Baker & Hamilton. agricultural
| implement>-Buslness is 2ettinS better
| constantly Our June business Was better
| than usual. Collections are very fair and
| we feel that things are going along IN the
! right direction. As to the future We feel
very much encouraged.
| G.. Il. Whitney s. Co.. COM
mission merchants-I tnInk there Is
| a pretty goo life to trade over last year
| and the year b fore. Dairy products real
| lied better prices right through the spring
than they have for three years past.
Farmers are doing better on everything.
We feel quite sanCuine and think we will
do better than we have for four or five
years.
In the manufactures of Great Britain