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About Washington County hatchet and Forest Grove times. (Forest Grove, Or.) 1896-1897 | View Entire Issue (July 22, 1897)
feet within a few (fay*. Three transfers, ranging from 10 ,C' 1 ) 00,000 feet each, have ais,, t— completed. Prices are now firm ,, contrast to the demoralization vailed a few weeks ago.—Ubicar» Herald (Ind.), BUSINESS STILL IMPROVING! Fresh Evidences of This Come from Every Part of the Country. D em o cratic and R e p u b lican Jo u rn a ls Vie w ith Each Other in A ssu ra n c e s of Return ing Prosperity. ss x A £ - i s! ifc j * S i x Moat Gratifying Collection of Hopeful Expressions . Gathered from Various Reliable Sources. N o publication w ith in the last fe w w eek s has attracte<l m ore attention than that furnished the readers o f this p ap er ea rly last month, sh ow in g a m arked Im p rovem en t In business con dition s throughout the country. T h is w a s evid en ced by a collection o f state m ents on this subject from scores o f new sp ap ers o f a ll political parties, and fro m a ll parts o f the country. The e v id e n ce o f gen eral and w idespread Im p ro vem en t w n sso p lain ly shown by this and so much n subject o f g ratification th a t w e present herew ith an oth er In stallm en t o f expressions o f this char acter, gathered fro m all sections and fro m papers o f all political shades o f opin ion: T h e P ro s p e c t B r ig h te n «. E ither because the business men have taken heart from the com forting assur ances o f Secretary Gage and the reason able certainty that a new tariff law will be in force within a few weeks, or be cause better times had to come in the natural order o f things, there is n definite and unquestionable improvement in the business situation. Tbore are so many in dications o f this in so many qunrters that It U Idle to deny that a change fo r the better is taking place. There are indus tries Which have not revived as yet, but their turn will come. There are some which alw ays lag behind in the proces- aion.—Chicago Tribune (Kcp,). Ity: and It !a helpful to confidence to have official reassurance that tariff tinkering is not to be the last o f adm inistrative ex pedients, for the removal o f business dis trust and depression. There are other grounds for commercial cheerfulness. Businesa failures are lessening in number and importance. Commercial loans are expanding; bank clearings are increasing, and the transportation companies are earning more money. The end o f tariff uncertainty is drawing near; the impor tant crops all over the country give prom ise o f abundant harvests; productive costs in the great industries have been crowded to the apparent minimum; there is less reason to fear further important price shrinkages; the storekeepers’ shelves, s ; a rule, hold no unwieldy accumulations of stocks, and labor is becoming more gen erally employed. These are favorable con ditions for a sustained revival o f busi ness.—Philadelphia Record (Dem.). h r i l e r T im e s In th e W est. Mr. E. V. Smalley o f St. Paul writes to the N ew York Evening Post the results o f his observations on a* recent trip o f a month from Chicago to Portland, Oregon. H e stopped at various points on the way, thus gaining opportunities to gather re liable information concerning the business conditions, and his conclusion • Is that trade is everywhere improving—not much, but to an appreciable extent. The rail road«, he says, report a net gain in re ceipts from freight, but none worth men tioning as yet from passenger earnings. Bank deposits are increasing and collec ----- | tions are easier. People are paying a G ood Pttrns. little on their old debts carried along from T h at business is getting better is evi boom times, and there has been a great dent from many signs. The financial re deal o f liquidation from foreclosure. All view s and commercial agencies publish the solid industries are doing fairly well. reports from all parts o f the country Prices are low and profits small, but the which indicate this. T h e reports o f rail close economies practiced enable projec roads show increased earnings over those tors to come out a little ahead. o f the same period last year. Another significant and hopeful sign is the fact Im p r o v e d T ra d e C on d ition s. that the money now in circulation in this Thp mercantile reports for the past country is $138,140,011! more than the cir culation one year ago, the total amount week leave no room for doubting the fact In circulation last Saturday being $1,- that signs o f marked improvement in busi 650.733,805. T h e absence o f speculative ness conditions are discernible on every Interest is not an untnixed evil. It indi hand. T b e unexpected progress made by cates that what improvement is taking the tariff bill in the Senate, with the pros place in business is healthful.—Atlanta pect o f an adjournment o f Congress some time in July, together with the optimistic Journal (Deui.). speeches o f Secretary Gage, in which he gave the country assurance o f ultimate P lo w but F u ig relief from certain admitted defects in our A alow but steady gain in business with financial system, have all combined to an advance in prices, an increase in the make the trade record o f the week a most number o f hands employed and growth of satisfactory one. That the hopeful and new orders, and an increase in rhe amount encouraging utterances o f the President o f work done are pointed out by "D un 's and his Secretary o f the Treasury had a R e vie w ” in its last issue as a renewed evi marked influence on trade conditions was dence that business is improving. A study evidenced by the increased foreign de o f the newspaper sentiment o f the country mand for Am erican securities.—Chicago as expressed In the publications o f all Tim ea-Ilerald (Iud.). sentiments «hows a concurrence in the belief thus expressed that there is a mark B usin ess S itu a tio n B ette r. ed and general Improvement in the busi T here is no longer room for question on ness situation. the proposition that conditions in the world o f business have improved. W h ile W lv e r lt e s A r e Dumb. there may still be found isolated cases “ Prices cannot rise so long as the gold where the return o f commercial activity Standard obtains.” T h at was the asser has not yet broken up the long spell of tion made with endless persistence by the stagnation, such cases by their rarity are silver standard orators and newspapers but the exception to prove the rule. B et last year. T h e basal proposition o f Mr. ter, perhaps, than the actual improve- Bryan was that commodities could not incut, which can be reduced to figures by reach higher values save through the free comparison with the past, is the general coinage o f silver. W hat do we now see? belief that business has not only improv W h eat has advanced, in the face o f re ed, but that the improvement is bound to port* indicating a tremendous yield this continue. President M cK in ley and Sec summer. In the grazing regions sheep retary G age touched the keynote o f this have nearly doubled iu price since last sentiment in their recent notable utter year. W ool has gone up fifty per cent. ances. T h e far-reaching effect o f these T h e cattle market is good. In the general speeches became evident when advices be market there is an upward movement. gan pouring in from abroad to the effect T h e impossible has happened, then. W hat that Am erican securities were in strong do the free coinage advocates say about demand. Foreign capital, keenly anxious the condition that now confronts them? for the right moment to nrrive. has seized Precisely what anyone would expect tbe opportunity and in a measure led the them to say— Uothiug. - Ginciuuati Tim es way to a practical demonstration o f reviv 8 tar (Itep.). ed confidence. T b e enhanced value of all securities quoted on the Stock Exchange Fn th Is b o o k in g V n . is but a barometrical indication o f this According to Dun & Co., the business altered condition. Reports as shown by Souditiona are gradually shaping them railroad earning* still bear witness to the selves about the same as they were in growing increase o f trade. Individual 1870, just previous to s remarkable ad line* o f business, too, n!most without ex vance in business prosperity. This view ception. acknowledge rhe same state of may be o f the roseate order, but it is based affairs. Not only is this manifest in the on facts and figures which the abie re larger manufacturing industries, such as porter thinks ju stify it. It seems almost clothing, hardware and boots and shoes, Incredible that the volume o f businesa ia but tbe more limited branches dependent now larger than It was iu 180” —the year entirely on the general prosperity o f the o f greatest prosperity—yet such is the commercial world report a gratifying in verdict o f Dun & Co. But the volume o f crease in the volume o f business on which profits ta much smaller, making the vol estimates are asked.—Chicago Post (lud.). ume o f prosperity correspondingly less. A very large share o f the present volume A G o o I K * a m p le fo r th e P eop le. o f businesa is the importation o f foreign Am ong the solid facts on which expec goods under free trade and tow tariff tation* may be based are the flattering schedules This harms rather than helps crop prospect. President H ill o f the Great Am erican enterprises and the labor there Northern ¡»q u o te d as predicting that the in employed, or which ought to be therein wheat fields contributory to his lines will employed. W e may do a tremendous furnish 90,000.000 bushel# o f grain this businesa in Hooding our markets with season for transportation, and the man- foreign goods to the exclusion o f th«* pro ager* of other line* contribute equally duct* o f oar own labor, but there is no favorable information. The jobbers say prosperity to our country in that kind of that rhe supply o f manufactured goods business. I-ast mouth's record o f busi which may be counted among the neces ness failures la decidedly encouraging, saries o f life <» generally exhausted showing, aa It doe*, a large decrease in throughout the country, and that the peo comparison with previous and correspond pie must buy and the mills must resume ing months.— D etroit Journal (Itep.). operation to meet the demand, which will bring into circulation the millions o f dol R l i a s o f Cksee. lar* that have been hoarded through the T h e basinets sentiment is undoubtedly hard tim es 1 « would be well it ail peo stronger. T here are many reasons for ple, everywhere, would im itate tbe cheer* hopefulness. N ot the least important re ful and optimistic tone o f the President cent happening hat been u the asaurance o f aud the member* o f hi» administration. w ■'’ ■uranev or Secretary G a g e that the Fed Federal Adi minis- I,et them withdraw their gaze from ihe eral Ad tration would not forget the “ mandate o f dark and gloomy aspect upon which it h i* the people, whose voice is il behalf W hoo- dwelt fo r several y ea r« past and habituate finsnee rang out themselves to looking upon the bright side eat money and sound finance Wad sod clear Is Novem ber last.” Cur o f things It ■ well kuonu that almost say matt is goJu health might be mad* U1 • m e ; Reform is vKsl to business eeevr THE INTERIOR T - r - _.-e . nent re- all(1 ¡n DEPARTMENT. H E Interior Department Building, a view o f which is presented herewith, is one of the |nfprp* . n- ' ' a fter sights in Washington. In it is located the I ’ atent Office, containing the models « >' 1 V .' ’ quired for years should be furnished with applications for patents. The accumulations of tnes«» * \V•ishlincton. many cases curious models for proposed machines form one of the most unique museums of museum 1 for no city in the country has so great a number o f museums as the capital of the nation. .. f rrim Th e Interior Department Building is a large white marble structure, covering two entire squares, ex i ' , Seventh to Ninth streets and from F to G streets. W h ile in its construction little attempt at ornament« ion _ ,mnorI its plain and severely classical exterior always attracts the attention of those who are so fortunate as to avp ' tunity o f studying its architectural lines. W ithin it is a busy place Its main floor is occupied, nr*., y 11 ' . the Secretary o f the Interior. Hon. Cornelius N. Bliss, and adjoining this the offices o f the assistant secretaries am o f the Secretary’ s personal staff. T h e northern front is occupied by Ihe officials of the I ’ atent Office, and at t e ” _ , corner is the office o f the Commissioner o f Patents, Hon. Benjamin Butterworth. Stretching down the we. o f the building are the offices o f the Division o f Public Lands, and in the southeast corner are the rooms of the t omm«* sioner o f the General Land Office. Hon. B inger Herrman. formerly member o f Congress from Oregon. I hese are a waj busy rooms, for there is from morning till night a flow o f members o f Congress, attorneys and others passing in and on . in teresting themselves in matters pertaining to land claims and the distribution o f public lands to those "h o are e*ta ’-'"1 * Ing homes in various parts o f the country. T’ pon tbe floor above is the model room of the I ’ atent Office, which ,s aiw ajs the subject o f much interest. T h e Pension Bureau, which is a part of the Interior Department, occupies ns is well known, a building erected exclusively for its use, which is located only a couple of squares away from the Interior De partment, and connected by telephone and other conveniences, making it practicable for the officers of the Interior De partment to speak with their subordinates at the Pension Office at any time they may choose. R e v i v i n g Trails. The change which has com» face o f things in the business * 0,11 unmistakable. T h e confidence fot ^ everybody has beeD looking u hep may lose its sharp edge by some gj' seen event, but it is hardly t 0 beer that any serious check will now It seems to be taken for granted there will be a tariff law on the stu book within a fe w weeks. Prrh1M month is too short a tim<> to give th»^* going legislators o f the Senate. T ¿7 surance in regard to the tariff i( t|,f potent influence in givin g moreeon 6 but the good effects o f Secretary Q- speeches have by no means worn off er in the United States or abroad. Si factory crop reports, increased rail- earning* and the statement of bank fl ings. which, considering the fact « one day o f lust week was a holiday, it«, vorable. are among Ihe subsidiary enees that are making for faith in th*”i ture.—Buffalo Express. P r o s p e r it y a t Hnn1, The time has come when to carp i- cavil at the slowness with which p~* perity is returning to this country, if, the depression o f the past three yn- has lack of truth added to that mean m ice which can rejoice in misfortune, [y perity is coming, and the slowness of ¡ approach only means its sureness anil “ stability. There are signs on every hi- that President M cK in ley was right trk he said that the country is going" backward, but forw ard, and that f steady hands and hearts of the Americti people are strengthened and enconrar by the immediate prospect of a retir of wholesome and profitable activity r all branches o f labor, trade and busin» The taunt of Populist Bryan that otbn beside himself regret his rejection at tv- polls is as untrue as it is unpatriotic New York Mail and Express (I’ ep.). I i n p r o v in g Stendlty. Secretary G age’ s conviction of the! provement in business, expressed to I Maryland bankers in Cumberland, k, had a good influence, ami has «trengtl ened the growing feelin g that a slow b permanent improvement is spreadingot the country. His repetition at Cumin land o f his statement the week before Cincinnati, that the administration w determined to secure a comprehensive a permanent reetification of the eurrem and that he had assurances from raemb, of Congress that at the next sessional to that effect would be passed, has hat very decided influence in improving I general tone and increasing confidence New Y'ork Jourual o f Commerce (Den if his friends, through a concerted move are now being distributed through the a new tariff law. but because the natural ment, were to make a point o f telling him country to those on who«e orders they forces which control trade are moving in every time they met him how sick he look were originally engaged.—N ew York Com that direction. There ¡8 everywhere a dis position to hold on to property in place ed. The imagination is a powerful motor. mercial Bulletin (Dem.). of the inclination prevalent for several W hen everybody one meets talks o f hard years past to sell. The shrewdest money times, a tinge o f melancholy is created B asis fo r Confidence. which overspreads the whole community. The general symptoms developed in makers in the country are seeking invest This cloud can be dissipated by cheerful W all street during the past week have ments. They are not liquidating. En talk and by considering the really favora been the most hopeful features witnessed forced sales are at an end. Here and there, ble factors o f the situation.— Minneapolis for many months past. Without nny spe in spots, business records are ahead of Pu t » o f r rn m 's e , Tribune (Rep.). cial stimulus or speculative effort, therp any previous reports for years past. Bank “ There has been a decided improea has been a marked revival o f buying oper deposits are increasing because thp net ment." writes a W ashington correspond ations and, with few exceptions, an ad profits of trade and industry are growing ent. “ in the financial situation since l The* R r ic h t e n t n g O u tlook . Democrat and anti-protectionist though vance in prices. Also, it is a notable and not because people are pulling idle was last in New Y’ ork. A ll classes in the he is. Senator Gorman is too good a poli symptom that several persons o f emi money out o f hiding places and putting it industrial and commercial world feel en tician and too shrewd a business man to nence and directly in touch with the farm in banks.—Kansas City Star (Ind.). couraged over the outlook and expectancy maintain a hopeless resistance to the R e ing interest and the larger industries have lias replaced the apprehension that had publican tariff bill. There is new hope in simultaneously expressed their views on Im p roved Condition o f Trade. become tin* habitual condition of the pub the business outlook in unexpectedly hope this for every legitimate branch o f busi There is no doubt of a change for the lic mind for the last three years. Tb: ness. It means that it will not be neces ful terms. Mr. Thomson, president of the better; petsimists may doubt and parti people you meet in the banks downtowa sary to wait until autumn to get a taste Pennsylvania Railroad: Mr. Gould of the sans may swear, but the first wave of the and visitors from other parts of the cook o f better times. It means that the new Missouri Pacific. Mr. Chauneey M. De returning tide of prosperity is seen and try who gossip in the hotel rotundm a! tariff will have a longer period in which pew and Mr. C. P. Huntington, who are felt. The failures during May, 1S!)7. were tell the story that, while the era of proa- to work out its results and vindicate itself among the foremost representatives o f the less ;n cumber than in any one of the perity has not yet begun, the signs of it* before being put to the test o f a congres railroad interest in different sections of twenty-one months immediately preced approach appear in every direction, tbs sional election. This prospect that the the country, have uniformly expressed ing it; the cash responsibilities of the new tariff w ill go into effect with the fiscal sanguine expectations as to the general firms and persons failing were less than most important being an almost nniret year is a bad tiling for Bryanism. but it outcome of the harvest and the prospects iu any month since September. 1804. The sa! confidence that it is almost here. Then is a good thing for the merchant, the man o f business at large. Similar estimates of volume of business—meaning the weight is confidence in the President, confident» ufacturer. the farmer and the wage earn the d rift of the crops and of business have in tons nr measurement by yards—of that Congress will dispose of the tariff been made by Mr. Andrew Garni gie, Hon goods sold in May, 1807. was equal to bill speedily and that the rates in then«» er.—Boston Journal (Rep.). Roswell P. F low er and Mr. H ill, presi that in the phenomenal year 1803. But schedules will he conservative yet ampia dent o f the G reat Northern. Such a body the volume in cash was far less; we still for the needs o f the Government.” Dun'i U n m is ta k a b le S i-n s. reports are encouraging to a degree: Brad- There are unmistakable signs o f a re o f opinion, coming from men possessing are in the era o f ruinously low prices— street’s are less pessimistic and decidedly turn o f prosperity in the iron and steel the best source o f knowledge as to condi that paradise of “ cheap commodities for more favorable, and the crop reporta ara m anufacturing centers o f tbe country, in tions and movements, constitute a basis the workmen” to which the Democrats in the opinion o f the Cleveland Lender. All for confidence which cannot lie disregard vited us to enter, and into which, unfortu unusually encouraging. Grand Rapids Heraid (Rep.). around Pittsburg there has been a re ed.— W eekly Financial Review. nately. we did enter. And because the sumption o f work in most o f the mills and prices of things that are sold are low the factories, and the same reports come from Im p r o v e m e n t W i l l S n retv C ontinii". wages of those that make them are low. P ro a p e v ity 1 « a t Hand. the industrial cities o f eastern Ohio and Everything thn* is apparent pointa ti Some s’ ress is laid on Former Post But there are not nearly so many idle men western Pennsylvania. There was a re master General John Wanam aker’s state in May, 1SD7, as in May, 1896. More a rapid revival o f 1 rosperity this fall. If* vival just a fte r the election in November, ment that “ the country is not prosperous," are promised abundant harvests, with bet ri.'in 'll "1 fa" ' orips nrp iu operation now due iu the main to a restoration of confi and that “ since the outset o f the last pres than then The demand for labor in- ter prices than for many years. If tb* dence. but the people were not fully pre idential campaign the party press and po farmers get good prices for iift-ge crop* (R e p T percel1t^ ‘ L Chicago Inter Ocean pared for a complete return to commer litical leaders gi nerally fixed the Novem it will make a demand upon our manu cial and industrial activity. They had ber election o f ISiHi ns the date of the be facturers for their products. The wheel* felt the effects o f the depression too long ginning of good times.” of industry will revolve once more. Then And the state F t - n d v O * n tn B u s i e r « « . to recover from it suddenly, and it was not ment follows that “ thus far hut one o f the The gain in business continues, not will be work for the unemployed, and »• to be expected that building enterprises, important issues o f the campaign is near without fluctuations, and at the best mod- shall have that satisfactory condition fot which are the surest revivers o f business, ing settlement and hardly any improve erate. but yet distinct. It is still in qnan. which we have yearned so long. AVetf* would be undertaken at the beginning o f ment o f the wretched times is manifest.” tit.es rather than prices, although in some not pessimists. W e nre exceedingly hope winter. W ith the opening o f spring it will Mr. W anam aker draws erroneous conclu branches an advance in prices appears, but fill of the future. T h e -speech of Pren he different, however. B ig projects which sions. No man in the country who was den t McKinley at the banquet Wednes on the who.e the number of hands em have been delayed by the panic will now at all conversant with the trend o f busi p.owed. the volume of new orders an il day night was worthy »he man and the of be pushed as soon as the weather permits ness affairs thought for a moment that the amount of work done, are .low ly it l- ensión. Prosperity is at haud.—Philadd’ and before the first o f April there is cer g°o«l times could be made to come instant creasing. Prospects of good crops if phia Inquirer (Rep.). tain to tie a distinct improvement in com aneously. But what did take place im mercial aud industrial 'ouditions. Dom a , r ° rn 7 I|>: Kro" 'in* <lpma nd mediately on the election of Mr. M cKin from dealers, whose stocks gradual! 8011 th F e c i« th e Im provem ent- illy ley was the immediate restoration of con gaining consumption deplete .il„, belt, While ihe general business si fustic* fidence and the return o f vast numbers of and in the money and exchange urn ps. K v c r v L in e Is Im p ro v in g . is somewhat hampered by the uncertainty One o f the commercial agencies calls workingmen to the avenues o f labor and large buying of American securities nrket has attaching to the tariff bill, there «re not Gradually, but surely, business an influence. Money coming hither fro attention to the fact that there is a re trade. wanting signs that a gradual improw markable sim ilarity between the course o f has been grow ing better, and tlie country the West even as late as .|mu, 10 from „• meat in trade is in progress. It ¡* hn# prices now and in the earlier months o f only awaits the passage of the tariff bill to great crop, npar at haml im, that there is no disposition to le enter 1870. "w hen the most wonderful advance i-ettlc d on g to a development o f the maun- . healthy condition at the W ist t v prising, r.or to put out new lines, nntil in production and prices ever known in taeturing resources o f the country, which ail uncertainties ns to the future tariff n busiues».—Buffalo n clearing house exchange,, which this or a ry other country was close at will stimulate other duties are removed; but. in spite of thA haud.” In that year consumption gradu N ew s >Iud.). the week exceed the last vear’s 8 7 _ there is a fair movement for actual ro*- ally gained, month by month, until sud cent, and in railroad earnings „ 1 , sumption in nearly nil brandies -if indus denly the demand outran the supply. The K n c m ir s g in g R e v e la tio n «. amount in the United State. h try. \\ ith n favorable crop outlook, then iron induatry ia expanding ita production T h e investigations o f the Bureau o f L a $34 7118.087 on road, r Z t f ¿ T n is every reason 10 expect a good trade « j and ia getting larger orders. The priees bor o f this State as to the industrial con Re tew for May. 3.3 per cent larger ," ' than the entire county tributary to thi* received are not high. Neither are the ditions in the three principal cities have tion. especia")- ns country merchants ins j 180” a,Dj ^ |,Pr Post <'<‘Ilt (Dem.). l!,rK<' r Hiau wages which are paid. But there is em resulted in some very encouraging revela 1SJ_. ' Washington farmers are already in n fairly prosper»« ployment for men who were idle last year. turns. It appear* that the tide o f pros condition. The merchants here have !*»■ T h e manufacturers o f woolen goods have perity for which every one has b>-en so en advantage of the recent divines* * increasing orders. Report* come from ail long waiting has quietly been rising, in TheNvo"m ^eofP, c ” 1 .i^^ra|! “a^,!•,r,,• carefully study the problems which ha*»i part* o f the country that' the retail dis spite o f assertions to the contrary. The j" value a tenth ^ hitherto militated against trade, and « j tribution o f products is unusually large investigations o f the bureau, complete ' n s In-lb veil that many o f the most n H W and Increasing. A t this moment the vol only for Duluth, show that in that city the year, of the greatest prosper,,” attained in the Luited State, m ' , i difficulties liave been overcome. ume o f business transacted is larger than there is a net increase o f 37 per cent iu course. s< me months must yet e'apse «" in the prosperous year 1803. B efore many the number o f employes over the number the volume of payment, now V e n ^ " ' ^ a much lower range o f prices This*!!** loro tile crops are ready for market. j weeks have elapsed the volume will be empkiy«*d at practically the same time crease, whether a little m ore'n r t dT' very much larger.—Chicago Tribune laat year. So far as the investigations in the mere prospect o f good crops is greatly to lie regretted. h,lt lt 7 ’ “ il.v sufficient to create conti, 1 - ' an™ j St. Paul and Minneapolis have gone, it ia (Rep.). paralysis Whatever else mn, 7 thu wheel 9 of commerce in motion* stated the percentage o f increase will be 7 * 0 “ said of the d iffic u lt i" - ; he 'V',h *** fully as great as in Duluth. Such a ma of industrial recover« t> M ost G r a t if y in g Change. ,flp n a v therefore, confidently believed that T b e most gratifyin g change appearing terial increase is not only encouraging as •ha. b u a i n ^ U ^ J ' ^ be ,,id provement in business will be noted in financial circles is the evidence o f in showing an increas«*d deman«! for manu mgs o f ail railroad, reported for M Par" ' now 011 .—New Orleans Picayune (P ** creasing commercial demand for loans. factured articles, but it is an indication on.y 3.3 per cent smaller than in ,h * * alV The bank statement »bowed an increase o f an increased demand for product* o f all month of lSiC.— \,.w v 1 ° „ *arnM b n r e H a n l l i n u o f Goo d«. -New W k Tribune in the loan item o f $4.400,000. and it is be kind«, and more important »till, a certain (Rep.). n.mk clmrinfffl last week were Ü&W- lieve«! 'b at most o f this w s* made up o f promise that demand will continue to in little ot < t $!ino.uni)jl )00 in the Cbro*#** mercantile discounts, the inquiry for crease. Alm ost every manufacturing in table, in which one day is estimated. tn Mr" » « » « r , » , which last week was reported by the dustry in the State has found it neces In the opinion of the lumber ,, . I the increase over the corresponding banks ss larger than for sev«*ral months sary to increase the number o f operatives market is gradually and steadiw I?/“1* >f the previous year was no less previous. T his must reflect larger busi —St. Paul Pioneer Press (Rep.). j around to ,be point where profit“ 1' per cent, and in comparison with ness, but ss yet the new discounting is once more he expected «j,¡ ‘ ra'> and mure prosperous years it must he E v e r y M an F ee ls It. done more largely for concerns handling ing at a rate which thorns), ltu'rpas nieiubered that there has been pood* than for m snufactureers desiring There is not » progressive business man nevertheless « 4 Í £ g ' * dine in prices that identical figure* to make up new stock. Much o f this mer in Kansas City who doe* not f«*«*i more now *ee in tbe situation «ufli ' a :''ri indicate a very large gain iu cantile demand for money comes from the cheerful over present conditions and fu Sifv them in laying jn libera] ^ “ V «° J'|*¡ I h e trith is that io volume of n ie tt lg country in the shape o f notes o f business ture pro»p«*«it* th «n he has felt for many very large transfers to them * “ nd disc h.nt lied the amount o f busin efi^B «■oncer«« with tbe endorsement o f interior years. T h e great m ajority recognise thst ly been „ „ d e at leading e reo'‘ nt- now does not compare unfavorably banks, «m l presumably much o f'th is pa- the movement towards better times i* well purchase o f 33<Kj»>u.f ™ 't P ? " ! * T o » the «amount «lone in good years, iter is made against imported goothi which under way. not by reason ,.f Mr. McKiu- l»!tvr part of May. a t o r Í T L T i JL“ ,h* theNF lower price* protit* are *nn Lew York boa been carrying, but which le j'a election or because o f the promise of disappear «»u reljr.—f ¡T , ,'V>h,mP °f •dd* — 't'1'