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Newspaper
Chehalis Bee
Location
Chehalis, Washington, United States of America
Date
Jul 23, 1897
Page
5
The report shows circulation rising to 1 659 733 585 pounds last Saturday, up 135 140 012 from the year prior. Dan's Review notes a steady upward trend in business with higher prices, more hands employed, new orders, and increased work, signaling general improvement in the economy.
Optimistic notes from President and Secretary of the Treasury lift hopes for relief from financial defects. The Senate tariff bill progresses toward adjournment possibly in July, boosting trade sentiment. Foreign demand for American securities rises as confidence improves observer markets.
The piece cites a silver standard debate asking what free coinage supporters say about today's stronger markets. It notes a big summer yield, sheep prices doubling, wool up fifty percent, and cattle markets improving, suggesting the expected silence from proponents.
Detroit Journal notes Don and Co report business volume higher than 1802 at times, yet profits are far lower. It warns increased foreign goods under free trade hurts American industry and workers. Last month shows a encouraging drop in business failures compared with earlier months.
The text notes business sentiment and cites Secretary Gage pledging the federal government will heed the people’s mandate from November. It emphasizes currency reform as essential to business security and mentions unmet hopes for financial policy alignment.
The article argues that world business conditions have improved with widespread recovery across sectors. It notes rising stock demand, stronger railroad earnings, and growing volumes in manufacturing and retail, reflecting renewed confidence and ongoing expansion despite isolated exceptions.
The article highlights President Hill of the Great Northern predicting 90,000,000 bushels of wheat for transport this season. It notes managers of other lines echoing favorable crop prospects and jobbers reporting shortages in soda supply, urging renewed consumer activity and financial circulation amid an upbeat national mood.
The Boston Journal notes the tariff bill offers hope for all legitimate business branches, delaying the need to wait for autumn to feel benefits. It suggests the tariff’s effects have time to prove themselves before the next congressional election, seen as favorable for merchants manufacturers farmers and wage earners.
The Cleveland Ledger notes a return of prosperity in iron and steel hubs across Pittsburg and eastern Ohio. After a November revival, full commercial and industrial activity lagged due to lingering low mood, but as spring arrives big postponed projects will resume and an early April improvement is expected.
The Chicago Tribune notes a striking similarity between current price trends and those seen in early 1870. Production expands while demand grows, with rising orders in iron and woolen goods and widespread employment increases. Retail distribution is strong and expects volume to grow beyond 1802 levels.
The Bank statement shows a loan rise of 4.4 million dollars with mercantile discounts driving much of the increase. Bank reports indicate broader business demand, though new discounting favors stock and banding goods rather than manufacturing. Much mercantile demand originates from rural notes bearing interior bank endorsements, tied to imported goods New York has carried.
Penossivanis Railroad Alr Gould of Missouri Pacific Mr Chauncey M Depew and Mr C P Huntington among top railroad representatives nationwide express sanguine expectations for harvest outcomes and overall business. Andrew Carnegie Teawell Flower and Mr Hill of Great Northern also offer broadly positive crop and economy outlooks cited by the Weekly Financial Review.
The Buffalo News editorial argues John Wanamaker overstates gloom. It credits McKinley’s election with restoring confidence and predicts tariff passage will boost manufacturing and job growth across the nation.
The Labor Bureau reports Duluth shows 27 percent more hires than a year ago with similar growth expected in St Paul and Minneapolis. Manufacturing plants across the state are expanding staff, signaling rising production and sustained demand, despite contrary assertions. The St Paul Pioneer Press notes the trend as a broad upturn in employment and industry.
A progressive Kansas City businessman comments that most people expect better times ahead, noting optimism remains despite present conditions. The speaker, referencing long‑standing belief in improving prospects, emphasizes collective faith over specific political or personal achievements.
A Chicago Inter Ocean dispatch notes cautious optimism about a forthcoming prosperity wave after May 1897 declines. It contrasts lower prices and labor demand with a partial revival in production and employment, referencing comparisons to 1892 and 1904 in volume and cash terms.
The piece reports steady gains in business with expanding volume and rising prices in some branches. It cites better crop prospects for wheat and corn, growing dealer demand, and increased activity in money markets and U S railroad earnings. It also notes Western strength and weekly clearing house exchanges up 8.7 percent from last year.
The article notes railroads report earnings only 2.3 percent below the prior year, yet overall transaction volumes fall and prices vary. It describes an economy in prosperity but warns of paralysis and ongoing difficulties in industrial recovery, reflecting mixed signals from the Dalles States context and the New York Tribune report.
In the linemaker view profits are expected as markets gradually improve. Sales rise modestly and dealer confidence grows as stock transfers to mill points increase. A purchase of 32,000,000 feet occurred in late May and a local firm added another 22,000,000 feet.
Page examines a shift from public apprehension to hopeful confidence in economic revival. Reports praise Bradstreet data and crop prospects, predicting abundant harvests, higher prices, and renewed factory demand. The article cites President McKinley and a Philadelphia banquet as signs of a nearing prosperity era.
The New Orleans Pickery (Dewy) notes a mixed business climate with hesitancy to launch new lines until tariff futures clear, yet signs of improving consumption across major industries. Merchants expect better countywide trade as crops look favorable, with confidence that market readiness will come after months of adjustment and tariff clarity.
The Chronicle notes light clearing activity at Larre Manning and Gade Bank last week with totals near 200 million dollars. Analysts caution the data show a mixed trend with prices rising and market activity fluctuating versus the prior year, while overall commerce remains cautious amid indicators of financial tightening.
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