The San Francisco call., 1897-09-27
THE PINNACLE OF PROSPERITY.

THE of trade still lies in favor of the United States
and is likely stay there for time at least The
ports merchandise from New YORK during the first three
September 10 than during the
same 1896 while the imports 1871 less
Gold flowing from Europe, is usual at
year The iron industry busy that
longer able to keep with their orders
engaged for months ahead with constantly in
creasing demand The exports of wheat continue large
Atlantic ports during the three weeks being
125O0OO bushels against 68So00 bushels during the
last year. increase for this OF 100 cent
whole country 6Q6 per
larger the corresponding 1896 and the
gain New Ork cent Cooler weather has smu
textile fabrics and mills generally
running full time. Wool continues sell in immense
quantities. sales being than double those of
prosperous years Industrial statistics report
employed this last and
mites for employment enarging daily The tendency in
wages the Atlantic coast is also upward The failures
country last 237 against 32 during
the corresponding week in 1896.
The increasing cash wealth of the we'll shown by
of the national banks which nd
viduaI deposits the amount of 81 no co., the largest
the financial panic of 1893 Nor this all These nd
vdua deposits the largest in the history of the national
banks and what is best of all they in cold cash. The
Americans evidently fond Of png money in banks
S a bad habit.
AS far export trade country concerned it
could hardly be in better condition The Government
hand shows that in August the merchandise
imports wing a import
900 of gold by $ooOOO For the period of
exports only 900; and
ports exceeded the exports by $1 The
returned from London during month estimated have
value of IS OOOOO0 which,
the trade balance above stated would about $ 900
credit from abroad the end of August 1t
likely this together subsequent large
exports imports produce liberal influx gold
early day.
The exports of breadstu Safes in August
valued s25 100000 gain of
month last The for the first eight of
year 1868 COO against $36
period last These figures unnitat ed good
idea Of the trade balance present
teal free administration figures
reversed, and that what kept the country poor.
Conditions this show material change last
week Wheat still unsettled going day and
the Provisions continue sell off steady prices
The great farm staples good shape Wool
active OF dealers say every
sells almost it Dried fruit
still dull the first rush buy over, but the demand
bound pick up again shortly. Even
half OF the output Of the State for 1897 has been sod There
always ulI in these goods hop
encouraged by fair demand for their product
which range about 100 the produc
tion Catterasers getting 81 per pound
best beef and consequently The wine
opening and prices grapes yet fully
established but present indications the vineyardss
obtain fair return their investment.
The above points cover, in brief the commercial situation.
Itis cheerful The getting living prices for
almost everything he raises the wageworker finding work
easier obtain the merchant doing
several years; the capitalist enjoying
Investment of his hitherto idle funds reap
ing the benefcent results of the Republican tariff party
when it before the country last fall promised
marked improvement business 1t
its promises the eetrades
admit that the tariff has lifted the country from the depths
commercial stagnation to the pinnacle of prosperity.