The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-10-04
DUN'S REPORT OF BANK
CLEARINGS FOR SEPT.

Notable expansion IN bAAh eA-
changes during the month of sep
TENDER clearly reflects the marked I'M
provement in general business the ,
total of all cities in the United states.
according to the statement compiled
by II. G.. Dun Il Co, when lnfluaes
returns from 12S leading centers, ag-
gregating S13, le3, 235.eIf. an increase
of A per cent as compared with the
same month last year and Of loo per |
cent compared with the correspond
ing month in 1910. The most salts
factory feature of the exhibit is the
remarkably uniform gain shown by
each section into which the statement
is divided. the South Atlantic states
only showing a small loss compared
with last year, indicating that almost
every portion Of the country Is shar-
ing in the improved conditions. More
over, the exhibit would have been
much more. favorable but for the fact
that the month. this year. contained
one less business day than either 1911
or 1919. Notwithstanding that dull
ness generally prevailed on the stock
Exchange at New York city and that
operations on the other speculative
markets were in comparatively mod
crate volume, that center reports Il
and 1873 per cent over 1910, SO that
the past months fay orable COM
parison IL undoubtedly mainly owing
to the large payments through the
banks incident to the enhanced
volume of current business trans
actions. Gains of SO per cent and
0.a per cent. respectively. over the
September clearings of the two pre-
ceding years by the cities in the New
England States reflect improvement in
practically all lines and especially in
the textile and shoe manufacturing in
dustries. Every city. except Lowell.
reports gains over both years. which
at Boston, Springfield, Fail River.
| Worcester. Holyoke, Providence and
Portland are quite pronounced. Well
maintained activity In iron and steel
products and other commercial and
Industrial lines at Philadelphia, Pitts
burg, Scranton Reading, Buffalo,
Syracuse. Binghamton and other cen
tiers results in an improved exhibit
! by the Middle Atlantic States, that
section reporting gains OF ~ per cent
| ever 1911 and SO per cent over 1910.
Somewhat less satisfac Glory conditions
/ throughout The South Atlantic States
/ are indicated by decreases at a num-
/ her of cities compared nth tsTsr ys-+t-
| although several report gains over
| both Years. among the more i'm
! portant being Baltimore, Richmond,
} Norfolk, Charleston, Columbia and
Jacksonville. while the total shows q
, loss of 80 per cent and a gain of
! 81 per cent, respectively quite Y
! number n cities tn the Central south
| report losses but as a rule, they
| are very small. ON the other hand,
] III I Ia
1 phis. Nashville, Birmingham, Austin
and Little Rock. and the total for the
| section makes an increase of 40 per
| cent over last year and of 1873 per
| cent over 1910. Generally prosperous
! conditions incident to unusually favor
| able crcp' returns. which have result :
ed in an active demand for all kinds
| of merchandise, are reflected in gains
| of 10 per cent and 1875 per cent BY
| the cities in the Central states, among
the important points contributing t.
his good showing being Chicago. Gin
cinnati. Cleveland. Detroit Milwaukee
Columbus. Toledo, Akron. Springfield
! Peoria. Grand Rapids and Lansing
Substantial Improvement Ia reported
| by Minneapolis, St Paul Kansas City
Duluth. Sioux City, st. Joseph. Omaha
| Wichita and some other centers owe,
one or both years. ana these gain.
far more than offset the losses which
still appear, SO that the total for this
Western States Is TO per cent larger
than last year and 20 per cent IL
excess of two years ago. Most of thu
leading cities on the Pacific coast re
| pert gains, among them San Fran
cisco. Los Angeles. Portland. Seattle
Sacramento and Oakland, indicating
the prevalence of we'll maintained
business activity. and the total show
, gains of 5.5 per cent and 12.2 per cent
4 Respectively. over both preceding
| Years