The times. [volume] (Richmond, Va.) 1890-1903, 1893-12-02
No BETTER NO WORSE.
yEKY LITrLE ciANGE ~ THE COW
DIrfON OFJRADE.
Taiif' Unccrtainiios 4 Cause OF Na'u'ai
Hesiiancy --Bu. ess Reports from
Southern Citias.

NEW YORK. Dec. 1.-R G. D'" "
cos Weekly Review Of Trade to-i'0'
row wan say: ,
I, cannot be said that trade thro''s''O''
the country las grown better or " o'o''
For some days he salu ia dem"na 500 900
in transactions. which had been pfe''o"'''
noticed. evidently continued. But "'','
ward tariff unceranues "Gie 'No'9''-
10 affect some branches OF D" ''''s'' '
-, ,ho csus.s She state Of trade
was less clear Money "a'
abundant. with rates comp'I I",''. .'S -,
and the commercial denA"" s'-i,,
ably small. while ue oeih'i,. 1oi -,
80. gScs appearaI to pe licIeasl4is'
20 Inherent branches Of .lade
-.,, d'0erent cities freQuenti. men
.te uncertainties as cause ot
,,',,.i bes,fancy bat IL viii take some
,in'o m determine whether tne general
tendency toward improve Ont has been
checked. or 20 what extent.
cotton is a shade lower, receipts from
ne plantations continue 10 exceed those
of last year, I'm spite OF the very positive
estimates OF a short yield, and the uverage
1f guesses by the operators on the NeW
orleans Cotton Exchange Is over tVV'"V
bales greater than the government osu-
mate. The stocks of American cotton
n sight are again so large that they
reard any rise in prices.
Outcome of Tar.m Legislation.
The Industries are waiting with visible
uncertainty regarding the outcome Oh its-
..ration. and beliefs that the pending
f4rin b.u will or VIII not be- passed affect
action as much as the varying judgments
i- regard TO it's effect * passed. Al pres
frt the iron industry shows no Saih IN
-ne whole. with the demand for the pig
.ron not urgent, and Bessemer iron
hide lower at Pittsburg. with no sales
NJ rails at the combination price, and with
.frbtv lower prices for some finished
rraducts. and a rather scanty demand
or any, il Is questionable whether the
aorkug force employed is larger than II
GAS week ago. The cotton manufacture
enjoys a decided Improvement because
tHe market is I'm absolute need Of more
Goods but there IS hardly any quotable
change in prices.
The vast accumulation Of idle money
tends 10 stimulate speculation but it is
got "a good system. il shows a remark
able shriukaEe iu the volume OF trade,
sUd the reports from all quarters make
unusually light for the season Rates are
Heepu0nany low here, and these help to
prevent the movement Of gold which the
state of foreign trade might now natu-
raHy cause The domestic exports for four
weeks from New York amount I'm value TO
1l2 e30 against S2J.Sl1.l13. while the de-
crease in imports is over SlS,OOOODO. or 3S
uer cent. for the four weeks. So that the
excess of exports for the whole country
must be large. The price there is declin-
1g. although India is taking more than
last year. Apparently this country is
paying off with its surplus products.
loans amounting 10 many millions which
were effected in Europe 90 avert great
disasters last summer
Condition Of -outhern Trade.
NEW YORK. N 81. Dec. Brad
treets tomorrow win say: The Thanks
wing holiday Cut into the business week
Harshlv. when the volume of general trade
les considered. bluk-cleariug for this week
sggrogatns fully 10 per cent Jess than
LAST week and f3 per cent smaller than
mo total in the like week 0ne' year ago.
Nep9ris from eastern Industrial centres
complain of che.kered openings 20 await
'ne outcome of the proposition 90 enact
and put into operation new tariff law
within three. months.
Wool has reacted from the Improvement
I. last week 90 await, as reported, "the
outcome of free wool oR March lst."
cotton mills in New England are meet
ing the hand-t0-mouh inquiry. but the
one of fabrics lis better since the recent
action at New York. on which belief
's that bottom prices have been touch
I Trade I'M most lines AZ Baltimore in
November ranged from 20 p per cent
II. NH.
fale is unfay0r1hlc. collections are slow
.r. some orders have been countermanded.
ry goods dealers are beginning 90 take
count of stock. Collections have slack
..I
~ Charleston. Chattanooga. and Biz |
f|-w Iu.re have b.fu no changes i'm !
commercial or industrial circles.
Al Atlanta trade Us quiet and collec- /
iions are poor. There is a better demand !
Tor dry goods and drugs at Augusta. and |
cotton factors report fair demand. but |
3t low prices business is quiet at Sa- 4
'annah. where a light demand for naval /
stores is reported. Nashville reports |
Iir degree of activity and cotton collec-
ions. Cotton industries are starting up. |
A sIleht ,gain is also reported from |
Memphis. stimulated by colder weather.
General trade az Mobile is quiet, but
'mher mills in the vicinity are increas-
as outputs. The volume Of trade at New
ir.eans is smaller for November than
FOR October but better than expected. t
Louisiana planters are holding cotton
Tor higher prices, which is true also in
southwest Texas Trade az Galveston
shows no change. except for hardware.
which is In better demand Jobbers i'm
staple lines al Little Rock report sales
fair Tor the season
Hence 10 is that the condition Of the
treasury commands attention with its
total cash reserve down 10 S96000Ol0 and
ts available gold only S2Ope)9)
Failures during the past week num- I
lered rs against 26 for the same week
ast year and IN Canada. Is against 80