The times. [volume] (Richmond, Va.) 1890-1903, 1893-03-04
REVIEW OF TRADE.
Dun Co.'S Report--Monetary Uncer-
tainfy-Business Failures.

NEW YORK, March 3.--Dun & Co.'S
weekly review OF trade Will say: Storms
have greatly interfered with business.
and at the same time monetary uncer-
tainty has been felt. While the volume
OF trade is still very large. actual distrf-
| button seems 10 have been scarcely up
to expectations Of late. though orders
still continue sufficient to give the great
Industries full employment
| The great feature for the past fort
| night has been the unusual demand for
| money from the West and South, which
has drawn large sums from New York.
| but money Is tight at only one or two
small points.
Pittsburg reports better trade I'm iron,
with good demand for finished products.
and very fair prospects for hardware.
At Cleveland trade is fairly good, the
rolling mills being full OF orders.
Southern points generally report some
Improvement, especially Louisville, Chat
tanooga, Little Rock, Memphis and Knox
vile. Al Columbus trade is dull and at
Atlanta quiet. At Charleston fertilizers
are active. and at Mobile and New Or
leans the lumber and building trades are
very active, though general trade does
not quite equal expectations.
In the iron business consumption is
enormous, but production relatively great
er and concessions are frequent for pig
not OF the best grades, while bar is at
the lowest point ever known. Plates are
demoralked in price, though mills are
busy, and structural works are quite
we'll employed. In general the Industrial
production has never been surpassed at
this season.
Business failures during the last week
number for the United States, 206 Can
ada, Is. Total, 25l.
Bradstreet's Report.
NEW YORK. March 3.-Bradstreet's
will say: The result Of the late storm
and heavy roadways at the South, and
the more recent heavy fall Of snow and
temperature In the Northwest serve TO
make general trade irregular. The most
active distribution Is at points In the Mis-
sssippi Valley. The larger cities In the
Middle States report good, or fair,
volume of business for the season, as
we'll as cities In the Atlantic cotton-grow-
ing States. Business Is more quiet in
the Gulf States, and is very generally
interrupted throughout the Northwest
Raw cotton is 1-S cents off. Many we'll
informed correspondents In Arkansas.
Texas. Mississippi. and North and South
Carolina report indications of a wide
spread intention 10 increase the acreage
planted with cotton this spring.
Aside from the check TO the movement
Of staples South, the feature there Is
slow mercantile collections payments
being less prompt In States farthest
South. At Nashville sales Of hardware
and shoes have been most active, while
those OF seeds and vehicles may equal,
but will not exceed the volume In the
like period year ago. At Memphis
shoes. dry goods and clothing have been
active the volume exceeding the total for
February. 1892. The establishment of
manufacturing interests is attracting at
tention.
At Richmond jobbers OF dry goods, gro-
ceries and hardware report a February
total larger than last year although
manufacturers admit some decrease in
the demand owing TO bad weather and
heavy roads. At Norfolk sales OF dry
goods. notions and groceries have in
creased, and farm produce is moving
freely. The peanut crop is out OF first
hands. Many North Carolina merchants
will attend Inauguration ceremonies, ex-
pecting to place orders at Baltimore and
elsewhere. Business is dull a Charleston,
are only fair Augusta cotton |
goods manufacturers report demand firm |
AT Savannah naval stores are stifiy held |
on short receipts and good request backed |
by combination OF producers. New Or |
leans again reports that depression in |
cotton checks orders from country mer- |
chants. Deliveries OF sugar from planta-
tons are light.