Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1899-08-04
bank CLEAR|NGS
BradStreet'S Report For the
Month of July.
SOME LARGE INCREASES
Comparison of Business This Year
With That of Preceding Years.
Cities That Show a Gain And Those
That Show a Decrease,

New York, Aug. 4-Bradstreet's tomor.
VOW Will say: July bank c.aarings are
usually OF relatively small volume. re.
ilaet.ns as they do midsummer quietness
IT. speculation and business. 1t IS no sur
prise, therefore. 70 in5 that the aggregate
q bank c.ear!ngs for that month IS small
c. than n any preceding month this year
With the exception OF February. When
comparisons are made with preceding
months of July, however. i is found that
the volume Of bank clearines exceeds that
OF any corresponding month. An espec-
ally favorable showing is made when
comparison IS instituted with July, 1895, a
month Of large business and unpreee-
denied midsummer cIaarings. In every
instance gains by group Of cities over
1898 prove to be heavier han were shown
in June and when the additional fact is
remembered that two cities Of the United
States showed decreases in July from
July a year 8 some idea may be had Of
the immense expansion in current clear
ings which has occurred.
The total bank clearings at Is cities for
the month aggregate s. ZOOS, 026 .692. a de-
crease of 5 per cent. from the June total,
and of 1871 per cent. from the record total
OF March, but a gain of AIS per cent. over
July a year ago. of AS per cent. over July.
1897, Of 1912 per cent. the corresponding
month of 1894 and of 5S.5 per cent. over
July, 1892. Another interesting feature
brought out is that the decrease in clear
ings in July total this year from that of
June is not as large as the falling off in
July last year. The increase Of AIS per
cent. in tbs month just closed compares
with a gain of 1862 per cent. in June and
of 45.6 per cent. in March, the month of
largest clearings on record. Every group
of cities showed a heavier gam in July
in June, the middle states group
leading with an increase Of 46.7 per cent,
followed by a gain of 44.6 per cent.
in New England. Next important in the
matter Of Increases shown is the far
western group, with a gain of $50 per
Every group, however, but one, the
southwestern. shows an increase in excess
of 20 per cent., and in this group it lacks
only a fraction of 1 per cen of that gain.
AS int.mated above the practical una
nimity of the cities of the country in
showing gains over July a year ago is a
: ptCldi lcdluiS vi III DItSSil AllIDlt
Only two cites, Portland. Me. and Low
ell, Mass, show decreases,and even in
these the losses are small. Among the
large cities showing gains, Minneapolis
in the northwestern group is prominent
with an increase Of SO per cent. New
York and Boston also show large gains.
Among the other important increases
might be mentioned those at Philadelphia
and San Francisco. 40 per cent. each;
Cleveland, 81 per cent; Pittshurg, so: st.
Paul, IS; Denver, q; Providence, 26.4;
Baltimore. 26; Chicago, %; Milwaukee, y,
and St. Louis and Detroit p each. Less
prominent increases are those reported by
Louisville, 1886; Cincinnati, 13.4; Kansas
City, 13. and New Orleans, II.
Canadian clearings do not make as fav-
orable comparison as they have for some
time past. the first decrease, IN fact, re-
ported in any month for a long time past
noted in July. The total clearings at SIX
cities aggregate 1922, 296, 119, a fractional
decrease from those of June, and falling
off Of a fraction of 1 per cent. likewise Tor
last July.