Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1897-08-20
HOPEFUL SIGNS.
Encourage the Eelief in Approach
OF Prosperity.
INCREASE IN TRADE IS GENERAL.
Buyers Throns the Wholesale Houses
and Their Purchases Are Heavy
"A Week of Surprising Inter-
est in business Circles.
New York, Aug. 14.-R. G. Dun & Co.
in their Weekly Review of Trade, say:

New YORK, Aug. Ink. u. Dun d Co.,
in their Weekly Review of Trade, say:
Every city reporting this week notes in
crease in trade, and nearly all bright crop
prospects. The great change in business
Is emphasized by the presence of a null
titude of buyers from all parts of the coun-
try. by their statements of the situation at
their homes and more forcibly yet by the
heavy purchases they are making. But
the customary signs of prosperity are not
lacking. The strong rise In stocks, the
growth of bank clearings and railroad
earnings, the heavy speculation in many
products, but most of all in wheat, have
made the week one of SURPRISING interest
even to those who best remember the up
ward rush in 1879. AT the principal clearing
houses throughout the country payments
in July were for the first time slightly
larger than in 1892, and II per cent larger
than last year; in the first week of August
III per cent. larger than In 1892 and 2S.4
per cent. larger than last year, and in the
second week of August they are 17.9 per
cent. larger than in 1892 and 3S1 per cent.
larger than last year The great crops and
the haste of foreigners to buy and ship
wheat, in view of shortage elsewhere, have
made the week memorable. Taking of
profits by a pool lowered the price cents
on Saturday, but 1t has since risen cents
Even the demand for corn, by greatly
exceeding last years, shows that foreign
anxieties are serious, for 5,510,135 bushels
have been exported in two weeks from At
lantic ports, against 2,514, 42S last year. The
price has advanced LIP cents, notwith-
standing enormous stocks being brought
over The urgency of French buyng Of
wheat, reports that Russia will stop ex-
ports in order to keep supplies for itself
and continued shipments from the Pacif1c
to countries usually having surplus make
even the largest estimates of probable sup
plies not too great for the possible demand
I'm all the great industries a large de-
mand for products appears. with strong
speculation in materials and In intermedi.
ate products In the iron and steel branch
starting of many works after settlement
of wages keeps prices low and even de-
presses some, but the fact that the dc.
mand is growing leads to heavy purcha ses
or iron ore.
"All textile industries are encoura ged
by a greatly improved and really large
demand for goods, which causes MANY to
advance in price, With production much
curtailed stocks of COTTON goods ara RI ~
idly decreasing and in woolens advances
have been made in CLAW worsted and
mixtures, fannels and Middlesex suitings
Speculation in wool continues, with prices
about l cent higher.
Failures for the week have been 2se In
the United States, against 29S la st wear. and
80 In Canada against sc last year''
Rrndstreet,. view
"5,,,d.noas of ,,;aosrraoa ,,,,,,.,
n,ona ser ,,,s, vi s .svival IN oe-
have heoorne 90 ,,,nnar anu oene. prouucts
General racns,,;t,on IT, u ,,a % ~ colapei
sora caoead SIscMss;,s ,,, ptsss nas .ne :,
reoi,,, a,,a-ro u.sSusss mhe.ner lraue mas
80 .,,r,,. Nv ~ ~ ~. anu mas begun
M rod uitb nrecedin. rar;ods ouet $50, eoii-
~ faa,,ne. bas an,,aa,a psi.uus. - puoyahcy
sa,iar. ae Ma,, va, a.ions ougeIs anu
a. Louis and Kansas SSit,, .1,he,a ir.a.sss
nnarchants hara tbro,aJ + meie in.el ~.
itEa ~ which hos NJ ha seu sa anls week .ne
vaars In+ar,nr ,,arope sesa H., sevelal
Goods ,inthinr. sboas $500, 10y .a .iis uIy
ert;cias 70 ,or enan,ts anu ia,lcy
sinca 800 Gov oandit,ons ~ d. any .itle
at the south and snnthuost nad ,nptovea
there ara annnuro aad sa, "u , c,lants
myis ara nnt ahis w. 49,. .'s. ~ iuii4oeF
dars and ;nn,,r.ar.iJ. ,,l ~ Win Or
~ tron and staai t,ao,,ah sai consumers
arm staIes arc h,,,,ina ~, oeu. ., west
tha,, har,o ,,ot e.. 80 ., "a" Aiiaeeftai as