The San Francisco call., 1905-08-28
TRADE FINE AND EXPANDING.

TT really surprising how business keeps up It is about
eight years since the current prosperity began with the eee
party with intelligent commercial SYSTEM to power and thee
activity will 90 into American history the finest
enjoyed by the country and has already exceeded in duration the
sanguine anticipations. -5t@
Last week was another brisk with commercial re-
ports the country only cheerful but de-
cdedy optimistic The demand for merchandise is be-
ginning large and expanding If ii con-
nues commenced half OF 1906 according to the
predictions OF the different commercial stastician VIII be rec
Reports Dun from about forty leading industrial
cente with hardly exception mills working to
their full capacity have orders enough to Keep hef u
employed months and the volume contracts Tar
ced that for the corresponding time last year All OF these o
express the most sangulne antcpaon ioD Inc
year The immediate OF all this activity and optimism the
prospects for the which, with the single exception OF cot
about out OF danger and promise very large yields
The usual statistics affirm this view The railroad earnings
still running ahead of those last the gain thus tar IN
August beng SD per cent over those OF august 1904 Inc Dar
ceang the week closed showed OF 3o8 cent
with only eight OF the first cities and the list show
ing decrease. 54 per
8o7 per Francisco per and
year. have turned the other and last
100 against $50 last year The money market how
and funds continue plentiful everywhere with
still low. The expected somewhat with
the demand for moving the and call money has indeed
slightly during the week. but is still unusually low for
The different staples are still firm with all of them active
goods iron and Steel provisions. lumber and other building
teas dairy products long staples
selling reported
condition all the country. The merchants wholesale job
bng retail remarkably reporting
active with profit margins large rather than small No really
adverse reports received from section OF the
Wall which excellent trade barometer,
fleets this prosperity The feeling there decidedly buh
While there boom the countrys stock market the
OF industrial and railroad stocks penty strong and the
bears find impossible depress values for length of time
The powerful financial interests have their shoulders under the
market and apparently propose keep them there indefinitely
During the weak holders have generally been shaken
of the market and stocks strong hands There dis
position initiate values; however for it felt that stocks
comfortable dividend basis and high they ought
be- The public evidently the market for whereas the daily
sales during the midsummer ranged along about 100000
shares they have lately been in excess OF 100000
Conditions this bright, but show
change All classes of trade, domestic and
expectation of grain from this port reported ourisng
fruits fresh dried and canned meeting with very brisk
demand the two latter especially Our daries and
enjoying period OF large production and high prices Grain
selling comparatively high Hops wool both away
of production. Hides excellent demand prices
marked and then In short almost product of the
California farm meeting with brisk demand
the farmers handsome The city and
abundant moderate
few complaints slow collections Building operations
extensive and real transactions frequent and easily
negotiated On all sides heard the cheerful
mercial activity and good times