Omaha daily bee., 1897-08-08
CONDITION OF OMAHA'S TRADE
business Shows Signs Of Awakening from
Midsummer DullnssS
FUTURE PROSPECTS CONTINUE BRIGHT
New Enterprises Increase the Feeling
of Confidence Already strong
Hank CIenriBEs show
Wonderful Increase.

The most Important event Of the past week
bearing upon The general business situa ion
was the change In the weather. The con-
7iuue1 hot weather previous. together with
11e hint Of hot winds. had created iu The
minds Of an classes OF business men q feel
iuu Of anxiety, ana IL was hardly to be eN-
yeaie5 tina; they would reach ont very far or
take upon themselves any additional ubh-
KAT ions so long as there existed any doubt
to the safety u the years crops. Cuun-
1ry merchants we're very much inclined 10
hold of In ordering goods. and there was a
perceptlble besitanCy about c.osinE contracts
in many lines. The effect OF this feeling Of
doubt upon the markets was plainly shown
by the sudden break Of from - cents 10 20
cents In the price Of feeliuE cattle the
early part Of last week AZ South Omaha
and the country stopped buying for d few
days.
The coming OF general rains all over the
stBte promptly did away with any fear that
might have found ludEmeut in the minds Of
business men. and trade al once took on
renewed life. Before the close Of the week
The break in cRtt.e values alluded TO above
was entirely wiped out, while the grain
markets broke under the influence Of the
splendid prospects for an extra large crop.
TIE season is now SO far advanced that the
danger OF crop scares may be sai1 10 have
about ended a. the amount Of moisture re
CURED from now on TO mature the crops VIII
be very small.
BRIGHT HOPES AHEAD
Everything from q bu SInesSr mans stand
point seems o be favorable. and it would
he hard TO find a single discouraEinE fea-
ture Of pny Importance The daily papers
are full OF accounts OF improvements and
various new enterprises tnAt are being un-
dertaksn. Building operations are being
carried on more extensive. y than FOR several
years past, which is creating good demand
Tor lumber. hardware, paints md oils. ant
in fact for all kinds Of builders supplies.
while a great many men who have hardly
had enough work to keep their families
from starva ton now find employment com
establishments that have been closed down
or only running on part time are starting
up with Increased forces IN al sections Of
1he country, some because they have received
q goodly number of orders, and others be
demand for manufa ctured goods. The i'm
pruvement in this respect is not confined TO
any one line, but appears to be about
equally distributed among all.
That the reports regarding improved busi-
ness conditions In this section Of the country
arr not imaginary Is proven on the tesu-
1nouy OF tht large importing and JobhinE
Johhers with goods Almost every CONNER
cial paper that comes to hand from the east
las something TO say regarding the improve
Tnent in the west A good many Of these
reports have been quoted il these columns.
A NEW YORK VIEW.
A ute copy Of the Daily Dry Goods Record
OF New NUrk says in reference to the busi-
ness situation in that city: From the dis
tant west the edvices to hand and the per
S0nal reports are exceedingly satisfactory.
Those in closest touch with consumers be-
tween the Rockies and the Mississippi river
are operating ON II Irett scale lHa0 ever
Reports from some houses are that the trade
doing beats all records As the season
1euEthens q similar demand will develop this
side teastern) Of the mighty river and con-
time TO grow until il reaches the Atlantic
markets. And according 10 those most fa-
1niliar with trade currents and what impe,s
them, the demands of consumers will stiInu.
late d trade Of more than large proportions
because of its being backed by the necessi.
ties Of the masses with fuller purses thai
in some years"
There would appear to ne doubts in tn.
1riLds Of eastern business men as TO the
Isrmanency Of the improved condition.
nu.ed in the west, but on the contrary they
not only expect continued Improvement bu
what is more, that il will bring increased
prosperity TO the east.
Omaha's record Of bank ClearinEs for ths
past week made most gratifying showing
the gain over year ago being 30 per cent
which was per cent greater thRn the aver
are gain for the whole country, showing tina
this city il improving more rapidly than III
rivals. Minneapolis gained only per cent
kansas City, per cent, while ST. Paul los
Al per cent. Deuver's gain almost al
great that Of Omaha but the volume o
cleartngs was little more than half as large