The times. [volume] (Richmond, Va.) 1890-1903, 1897-08-21
THE BUSINESS INCREASE.
BANK CLEARINGS LARG ER THAN IN
THE SAME WEEK FOR YEARS.
Prices on Staple Products Are Advancing
and Mills All Owe, the Country
Arc starting Up.

NEW YORK. August 2o.-Bradstrests
tomorrow will say:
Special teleglsms from trade centres
throughout the country emphasize the
growing prosperity OF the farmer due 10
his prices for almost all agricultural pro-
duce sin in his bands and point TO a con-
tinuance Of the demand which has been
conspicuous within the past few weeks.
The volume Of trade continues to In
crease and prices are hardening.
No such volume OF business largely IN
anticipation Of requirements has been re-
ported since 1892 Larger transactions
have been shown. South and West. in wa
CONS and farm Implements.
BANK CLEARINGS.
Another very favorable bank clearing
report is found in the total Sl40 000.0 90
this week. which. while it is one per cent.
less than last week. Is forty per cent.
larger than in he third week OF August,
1896, 2G per cent. heavier than in lo.o, 40
per cent. larger than in 1884. and fully
s. per cent. larger than in the Ike week
OF 1893. when Clearings totals were reduc-
ed TO very low figures. Compared with
the like period in 1892. year OF large
volume Of business. this weeks totals
show gain Of ~ per cent, among eighty
six of the cities reporting larger bank
clearings. only seventeen show decreases
this week. compared with the correspond
ing period last year. Bank cledrings AT
other cities than New YORK are IL per
cent. larger this week than In the like
week a year ago, but at New YORK the
increase is Sc per cent.
STAPLES GO HIGHER.
Prices for staples continue the favora-
bic movement of the past few weeks,
with advances for wheat Hour, wheat,
new pork. butter. eggs, cheese, corn ana
oats. Hides arc also hrmer ana hlsher'
Glnchams have advanced, Whle the cot
ton mills are starting NJ and Jobbers In
wOOllen goods are gettns hiehVI pilCeS
for spri ~ delivery.
There have been a large nun Der OF re-
sumptiOns among iron dnc hleti c'hC'l.9
this week Besscmcr pig is . per cent
higher and the outlook Is for improve
ment.
petroloum are Arm and unchanged while
coffee. almost alone among the staples
is lower than last week.
WHEAT EXPORTS.
Exports Of wheat tnour included rs
wheaD from beth coasts OF the uhlted
states and Montreal this week are tne
largest i'm any week since september lo's,
amounting TO 52ls ono bushels this We,h
as comp9red with 446O 600 last week, Z,t'l'-
900 liz y,eelf "a wear ago. 2.3S9WO two
wears ago. $4,000 three years ago. ana
'as contrasted with 4.@oOW IN 'he CUT
responding week Of 1915 49,.
Exports Of Indian corn this week are
also exceptionally heavy. the largest since
the third week IN April this year. amount ..li.s
ing 10 3.q29 0S5 bushels as compared WIN
2. Us OOO last week. 10000 In the week 80 a
wear ago. 1195O00 two years ago, ip' .,.e
three wears ago and as contrastec WIN
qS3 O00 i'm the like week Of lNt. .,
There are 22i business failures reporly,u
throughout the United states this week,
against pa last week 26i n year ago, w
two wears ago. Il three wears ago. ana ~
contrasted with 45G In the tnlrd "eeA VI
August 1893.