The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-10-06
GRAND REPORT ON CLEARINGS
Year Ending With September the
Heaviest ESer Known.

New York. Oct. S-Bradstreet's viii
say next Saturday: September bank
ciearings returns confirm early advices
Of the maintenance OF the country's gen.
eral trade and productive industry in ex-
ceedingiy larg volume. When 1t Is re-
called that owing TO holiday cbservaEces
at leading cities the number OF business
days in September was the smallest OF
any month except February, the facts
that the aggregate clearings at 7s cities
exceeded s., coo, 0oe00o. were larger than
those Of August and nearly as heavy as
those of July, are evidence. in advance
of any particular activity IN stock or
other speculation, of the immense vol
ume of business which vas done. As
illustrative of tha great advance in busi-
ness in this over preceding years. the
nine months clearings returns are no less
significant. The total clearings for nine
months this year aggregate a sum great
er than the entire 1898 total. though
there are three months yet to elapse be-
fore the year is complete. In this con-
nection the annual report of Manager
Shere. OF the New York clearing house,
shows that the aggregate bank ciearings
In the year ending with September Were
the heaviest ever known. exceeding BY
nearly nine billion dollars the record to-
tai OF 1851. and this, too. In the face OF
the feet that now. less than ever before.
do the New York City bank clearings
represent speculative transactions. and.
on the contrary. more accurately repre-
sent legitimate business transactions
than at any preceding period. The ag-
gregate clearings at seventy-six cities for
the month Of September we're S,ols.SsS, 81.
a gain of nearly % per cent over August.
Of 2s.5 per cent over September a year
ago and Of q per cent over 1855. while
they are slightly more than double those
of September. 1894. and nearly A. per cent
in excess OF those of September, 1882. AS
indicative OF the fact that the expansion
in the country's business Is OF a particu-
larly even and general character. IL Is
further to be noted that the gain in clear
ings at cities outside of New York Is al
most identical with the gain ar all cites.
Gains by groups OF cities for September
are more pronounced than were those for.
August, owing mainly. however. 70 Sep
TENDER last having shown a drop from
the total in August. whereas this year a
contrary movement occurred. The heav-
lest gain by any group IS that made BY
the far western cities. 40 per cent. fol-
lowed by the New England and Middle
states cities with gains Of. respectively.
sos and 20.5 per cent. and at longer
distance still by the western. southern
and northwestern cities by gains o. re-
spectiveIy, PSI, rs and q per cent. The
smallest gain of any group. 10 per eeRE,
is reported 10y the southwestern cities.
Here again the evenness OF the trade de-
velopment the country over. is illustrat-
ed by the fact that five groups OF cities
show gains within comparatively mar
row range NJ "a TO 81 per cent. For the
nine months, as already remarked. the
cIearings are very large. exceeding IN
fact tn aggregate for the entire year 1895
which is the heaviest there Is any record
OF. As compared with the nine months
returns of ISIS, this years returns show
gain Of Al per cent are 2 per cent
larger than those % 1891. are III per cent
heavier than IN 1894 and $50 per cent
heavier than in 1892