The San Francisco call., 1905-02-20
BUSINESS STILL ON A STABLE BASIS.

RADE was atureles all over the country week.
cept the cold and weather respects the worst
the greater part of the country was con-
and low temperatures twords OF the Oneo
States checked transportation and kept people within DOORS ana thu
operated against general dsbutve trade Nevertheless the bank
ceang showed the marked of 32 per cent over the cor
responding week only out OF the rst
the list exhibited loss the largest being o per cent at New "
Renewed activity on the New Exchange
cearngs of the metropolis gain OF cent and Pitts
burg whose ceang considered index to the condition OF the
cent the aggregate cearings themselves fell off S226234
which below aggregates and indicates decline III
general weather doubtless less
responsible Philadelphia showed OF which looks
the Gulf cities which affected by the condition the cotton
ke shows loss from last Chicago the center OF the grain and
provision Boston, the distributing of the footwear
show gains
ve The failures for the week were 258 against 287 last year
The showing for week these figures 60 excellent
and had been for the epresng effects the bad weather
would probably have been better The statistical position OF
very satisfactory great producing and
distributing OF the show the volume OF
year ago through
out the whole country larger than at the corresponding time the
preceding year.
very good sign the times that the talk about traffic
and tariff legislation which the Wall bears ndustrousy
using handle to depss the stock market really producing
little adverse effect either stocks business Nor has the
OF Sooooooo of gold foreign during the past
five months caused any disturbance financial quarters This
valuable showing the inherent soundness and stability OF trade
Were conditions strained unsound this legislative talk and these
gold exports would have caused less demorazaon Tbs
the of buoyancy and confidence the
knowledge that the supply of money the country Every
nancer and merchant who keeps all posted knows that have
plenty of money any contingency which likely
front and there is nothing like large bank the
The condition the great staples. upon which the country
trade also largely depends continues satisfactory While there
abnormal particular line, the whole
progressing smoothly in wheat Chicago has r1ed
that market during the past few days but that local and pecu
lav condition and therefore gradually point
upward with the Southern planters ndispoed let of their
holdings rule If they poor and in need of money they
throwing goods another good
Hides stand about the and the leather trade
good condition The Eastern dry goods trade excellent
demand for fabrics for China and other foreign
countries The wooen trade also very fair condition though
some in the market for foreign woos reported Iron and
steel show continued activity and the mills still sending
u them having their books full of orders
keep them running months without
The outlook both the Pacific in the
wheat belt continues excellent In fact scrutiny
and
fails reveal adverse conditions produce apprehension
the future and It reasonable presume that with the
ordinary the stable business will
tnue indefinitely