Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-05
q 0 VS. SIN SIS
THE CONDITION As FOUND IN
ALL BRANCHES

Our trade was never better" said q large
western dealer in Jewelry early in Septem-
Der. Formerly we kept pretty close watch
OF the stock marKet. for any serious trouble
there was sure to affect our business. es
peeialiy In higher-priced goods. Now we pay
no attention to stocks Too many peop1e
have the money to buy what they want.
"aii-street siumps make no impression
upon our trade
A New York fur manufacturer, writing
the last week OF August. said: II have been
bull on the mercantile situation ever since
had chance to size up condit. ons
throughout the country on my western trip
, ana so informed several Wall street ba mixers
With whom l am in ciose touch They could
not see 1t my way. but the subsequent ar
rival OF buyers and their orders show that
was right"
Throughout the summer bank clelrings
the country over. outside of New York.
made substantial gains. compared with
ns'H' winch, IN turn. made a high record.
For the month of August clearings N New
York decreased y per cent. in New Eng
land increased l per cent in the west in
average increase. outside of New York, s
per cent. In July the increase outside of
New York was IA per cent This, it should
De remembered, tops gain of 100 per cent
from 1888 to l9t6 The first week of Septem-
Der still showed increased transa ctions in
the west. The money-6rder business of the
Chicago post office increased II per cent in
august. as compared with last year, "A per
cent in July.
Railroad gross earnings, which, next to
bank ciearings, are the best indicator of the
totai mass of trade, continue to break rec
u m winch themselves were phenomenal.
ne pig lines, whose July returns are now
at hand, show great gains.
What the Inventory Shows.
y In thirty representative cities. all over
h,1t
canters. building permits taken out in Au-
gust showed the beginning Of 7.4S2 struc-
lures to cost s18, 49,. 52S. against 6,SS3 to
cost SIT ,4GS, ia last year. In July building
permits in Greater New York showed a
decrease Of 20 per cent; in fOrty-three other
cities a gain of per cent.
early september, when crops ara about
MADE. Is the great time for taking stock
or the situation. especially in the west
rms year the Commercial National Bank of
Chicago received 5000 special reports from
every section. touching pretty much all
lhes or trade. The Dry Goods Economist
has made continental canvass of whoie-
sale and retail concerns in that line One
may, moreover, review the trade situation
IN the light of thousands of verbal state
menus made by travelling men and by coun-
try merchants and bankers to their city
correspondents. 1t is really not an exag-
geration to say that all this evidence tells
just one story.
south and west coming in steadily; cotton
mills booking contracts at top prices" Dry
goods, ChicagO-"Volume of business above
1905 Notions, New York-"Wholesale
houses well crowded with buyers so that
all foor statesmen are constantly engaged.
Regardless of the rage for Teddy
bears and other plush animals dolls have
sold In larger Quantities Groceries, New
1ork-"Jobbers now busy supplying what
all agree is an unusually active demand for
all INES; neither wholesaler nor retailer has
any surplus Stock. Elgin Watch Com
pany-"Our trade over the west is consid-
Grady better than ever before" Whole.
sale millinery Chicago-"Business never
more satisfactory Housefurnishings
Chicago-"The demand for a better, higher
class of goods is quite general" Groceries.
Chicago-"Demand on wholesale houses for
spot and future goods is greater than a
year-ago; collections exceptionally good"
South Water street, Chicago-"Business in
fruit and vegetable commission lines I'D to
last year In amount of money handled, but
quantity of goods much below normal, due
to spring frosts; quantity of butter in stor-
age % per cent below last year" Choco-
late-''Consumption 20 per cent above 1906,
prices 30 per cent higher, Mems furnish
ings, New York-"Fal business larger than
last year.. Wholesale shoes, Chicago
"Highef-priced goods in demand"
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