Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1899-09-21
THE BUSINESS SITUATION.

Bradstreet's, In its issue of Saturday,
SAYS: with comparatively little stock
OF other speculative activity, and with
few strikingly new features presenting
themselves, the general business of the
country goes forward at good pace
aud in unprecedented volume for this
period of the year. Reports indicative
of this como from most leading markets,
additional proof being furnished by
the steadiness of most prices on the
high plane recently reached, the very
heavy business doing by the transporta-
tion interests, rs reelected in enormous
railrond earnings, reports of expanded
fall demand, heavy export trade totals
and reported cheerfulness of outlook
as 10 the balance of the year. Fall
trade activity would appear to be at its
maximum, Judging from adsices of
activity and strength of demand re-
ported alike from Western and Eastern
markets, and shared In also by most
South Atlantic and interior Southern
cities. Iron and steel are quiet, but
very strong at the East. Blast furnace
reports show that current consumption
and production are not far apart, but
production fails to show the expansion
looked for, and, while current work is
| at the rate Of 14,000, 600 tons per year,
| estimates OF tho years production do
not run much beyond 1850, 600 tons.
The notable strength in cereals this
| week is shown in corn, where paucity
of old supplies leads to the rumor Of
a September squeeze.
Bank clenrings reflect full bust.
moss weok's returns, but also expanding
trade, in an aggregate of Sl,T10, 1893, 268,
the largest weekly total reported since
July, nearly % per cent in excess OF
last weeks aggregate, 1871 per cent
heavier than in this week year ago,
90 per cent larger than in 1897. s.
per cent In excess Of 1896 and 1894,
and So per cent larger than in the
corresponding week of 1892. Bushes:
failures for the week number l49
against 123 last week and 173 in this
week a year ago, and compare with l6s
in 1897, 3l5 in 1896 and 2lS in 1885, ,
r. q. Dun & Co.'S Review says
Better than all other news, the recort
of August commerce shows the relation
of United States business to that o
other countries. Exports we're $40, 0s2,
$50 larger than ever before in August
and exceeded imports by S37, 500, 500
partly because exports of staples wer
| 'JOp, idEStE lnan ltsob y6tis bh
also because exports of other products
mainly manufacturing, were $40. $40,
600 larger than last year, and large
than in any other month of any year
"J'he volume of business now il
progress has never been riralled. Clear
ing House payments in the second wee
of September were 49,. 2 per cent large
than Last year, and IS. 8 per cent large
than in 1892 Railroad earnings i
the first week of September were g.
per cent larger than last year, and Is.
per cent larger than in 1882; return
! covering half the mileage of the cour
try show earnings in the United State
amounting for August to S52, S61, 309
exceeding last years by 1877 per cen
and those of 1892 by IL. 8 per cent, an
the July returns, covering all the larg
systems, show earnings OF S92, S53, 50.
exceeding last years by 1876 per Ger
and those of 1892 by a. 9 per cent. Tor
mage from Chicago was nearly 60 pt
, cent larger than in 1892, and 90 per cen
larger than in 1893.