The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-10-06
BIG BANK CLEARINGS
ADVANCE SHEETS OF BRAD
STREETS REPORT FOR SEPTEM-
BER TELL VOLUMES
PREVIOUS RECORDS BROKEN
More Money in Circulation Means
Growth of Business-Bank clear
ance Figures Are Surprisingly
Larre-For the Nine Months of
the Year the Clearances Are AVN!
Ahead of Previous Years.

Ahead of Previous Years.
NEW YORK, Oct. 5.-Bradstreet's will
saw next Saturday: September BANK
clearance returns confirm early advices-
of the maintenance Of the country's gen
eral trade and productive industry IN eH-
ceedingly large volume. When 1t - ie
called that owing to holiday opserVaiiccS
at leading cities the number OF pusliiese
DAYS in September was the SMALLEST Oh
any month, except February, the 1acts
that the aggregate clearings at seventy
six cities exceeded $1,000, 600 were larger
than those of August and nearly as heaNy
as those of July are evidence In absence
of anv particular activity In stock or
other sneculation, Of the immense volume
IF business Which was done, AS 1llustra-
tive of the great advance in business Ill
this over preceding years, the niue
months clearirgs returns are ITO 1888
significant The total clearinss Tor hllle
months this year aggregate sum great
or than the entire 1893 total, though tiie'e
are three onths yet to elapse oefore the
wear is complete In this connection 'iie
annualHreport of Manager Shore, OF the
New York clearing house, shows tnat zig
oooreeate clearings in the year ending
with Senteuber would be the heavlssl
aver known. exceeding by nearly s9,oOo'-
nm ono the record total of 1881 ana this
4 l., tho face of the fact that now
loco than ever before do the New YORK
bank clearings represent specuia'iEe
transactions, and, cn the contrary hiole
accurately represent legitimate business
transactions than at any preeesahg
period.
1.-THE aggregate clearings at seventy
.,x eities for the month Of September
wore Sob SOS 221-a gain Of nearly ~ per
cent over August, of 2S.6 per cent over
September a year ago, ana OF ~ per cent
over 1897, while they are signify Ihoie
than double those of September, 1884, ana
nearly Il per cent In excess OIL tiiose VI
September, 1892.
"As indicative of the fact that the ex-
mansion In the countrys business is OF
particularly even and general character
if is further to be noted that the gam
in cities outside of New York Is almost
identical with the gain at all cities. Cams
nv groups of cities for September are
more pronounced than were these for
August. owing mainly, however to Sep
from tn. total in August whereas this
wear a contrary movement occurred. The
heaviest gain by any group Is that made
'by the far Western cities-40 per cent
followed by the New England and middle
states cities, with gains of respectively
5CS and 29.5 per cent, and at longer dis
lance still by the Western, Southern and
Northwestern cities by gains of respec-
lively PSI, 255 and Ri per cent The
smallest gain of any group, 10 per cent,
is reported by the Southwestern cities.
Here again the everness of the trade
development the country over is illus
trated by the fact that FIVE groups of
cities show gains within the compare
lively narrow range of "a to 81 per cent
For the nine months rs already re-
marked, the Clearngs are very large, en-
| ceeding, in fact, the aggregate for the
entire year 1898, which is the heaviest
there is any record of. AS compared with
the nine months returns Of 1898 this year S
returns show gain of Al per cent, are
70 per cent la1g ger than those of 1897 are
Ill per cent heavier than III 1894 and i04
per cent heavier than in 1892