The San Francisco call., 1908-08-16
PROSPERITY WAVE
AGAIN IS RISING
Dun's Review Reports Pro-
nonnced Improvement in
Business of the Nation
Western Mills and Marts Hum
Busiiy, While East Is
More Backward

NEW YORK. Aug. I5.-Dispatches to
Dun's Review indicate the midsummer
weather is retaraing progress some
what but on the whole the volume Of
business grows larger and there is
pronounced Improvement in sentiment
regarding the future. Quiet conditions
prevail at Boston. but contracts are
placed more freely for delivery up to
the end Of the year Textile conditions
are q little better at Philadelhpie and
leather is firm. but payments are still
backward. Distribution of merchan-
disc at Pittsburg shows little increase.
although the sentiment is better and
the steel industry more active
Personal sellers are numerous at St.
Louis and some lines show fully as
much activity as a year ago, while
manufacturing establishments steadily
increase outputs. Collections are good.
INCREASE IN INDUSTRIES
Chicago reports an increase in the
active capacity OF leading industries.
much structural work about to begin
and the railways reduce the number of
idle cars Outside buyers operate free
II in the wholesale markets, but re-
Retail trade is dull at Cincinnati, but
travelling statesmen send in fair orders
for dry goods. Minneapolis reports or
ders for fall and early winter delivery
as satisfactory. local factories run full
time and good wheat reports are re-
ceived. Steady expansion appears in
jobbirg trade al St Paul. although
buyers are stil somewhat conservative
pending maturity of the crops.
Dry goods sales in August exceeded
tie same time last year and collec-
Ore. is Of normal midsummer volume.
bat sentiment has Improved and there
IS confidence Il the future.
Bradstreet's today said: Trade is OF
fair volume, crops have been making
further progress. corn specially being
helped by rains. Collections show
tangible Improvement, though back
wardness is still a subject Of complaint
here All advices agree that buyers are
in the various markets in large if not
record numbers, but caution and con-
seryatism are strongly apparent and at
some centers disappointment is ex-
pressed al the volume of business done
so lar IN August Industrial reports
are as favorable\ as for some weeks
past.
The wool trade has a cheerful tone
ana good interest is displayed by large
and small buyers. Spring lines are still
oelng opened and the outlook is re-
garded as encouraging. Manufacturers
OF cheap and medium grades Of shoes
are doing better than in more expen-
slEe lines, stocks IN retailers and job
bers hands being reported light East
ern shipments are larger, still they are
below last year for the week and sea
son, the latter by 81 per cent.
FAILURES IN NATION
Business failures in the United
States for the week ending August IL
number 249, against 205 last week. 14s
IN the like week Of 1907. 143 in 1905
l4l IN 1905 and 203 in 1904
Canadian failures for the same ne
Rod number 81, against I9 last week
and 80 IN the corresponding week OF
last year.
Wheat including -four exports from
the United States and Canada for the
week ending august I3. as reported bv
telegraph 70 Bradstreet's. aggregate
S,160,zf2 bushels, against S,696,34S last
week and 2.947,93 this week last year.
For the seven weeks ending August
lS this year the exports are 1855 .Oeg
bushels, against 1s,911,193 in the cor
responding period last year.
Corn exports for the week are 3S q17
bushels, against 1882 last week and
l.44lI27 in 1907. For the seven weeks
ending August Is the corn exports are
S7s,z06 bushels, against 1O,711.s5s in the
same period last year.