Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-01-28
THE WEEKS BUSINESS.
Review Of Southern Trade by the Leading
Commercial Agencies.

| NEW YoRE, January a. BrGis'rce'S to-
morrow will say The features of the
| business week have been gradual return
! Of the movements Of general merchandise
| and produce 20 their accustomed channels.
| Boats are once more running freely on
some of the southern streams, except river
| traffic between New Orleans and the
| North, and al some Atlantic tdewater
points. Produce and other perIshable goods
are again moving freely, with the loss
! of some Of the advance IN prices referred
| to last week. Eastern lObbers aud dry
goods mills report the beginning OF what
appears 20 be the most active January de-
mand for cotton and woollen staple goods
for wears past COttOns are particularly
strong and print cloths are hrmer. with
the surplus cut down to 1000 pieces,
against 2is, 900 year ago. Printers are
unable to furnish jobbers as fast az the
goods are demanded, and January's sales
promise TO largely exceed thosN for 1892.
The usual influences have been at work
on cotton prices the English strlke. the
prospects for and against the passage of
the anti-option bill, and reduced or IN
creased movements from plantations TO
ports, the net result for the week showing
"A decline Of 40 cent. Considerable i'm
prOyement is noted throughout the
South. whore The effects of the cold
suap week or go ago were severe.
Baltimore announces larger volume
of orders than for the same
period IN 1892. and reports that country
merchants very generally count on good
sorlur trade, the recent ice blockade
having been raised AZ Richmond orders
for goods are active, with tho exception
of shoes. as Is the demand for tobacco,
while travellers for that city report that
bad weather prevents their renchlng inte-
nor points "a readily as expected
At Charleston the prices for rosin and
turpentine are low, but the intended cur
failing of the output of the season IL ex-
pocted TO improve prices andprof's. Busl-
ness has revived at Memphis, where navi-
cation il under way again. while nj Atlanta
satisfactory orders are being received Tor
all STABLE goods. At New Orleans distribu-
tive trade has been checked. as well as
exports of wheat, by ice IN the river. At
Galveston aud other Texas cities the
country merchants are buying freely to
supply their wants for the spring trade.
NJ rcantile collections throughout the
South very generally are slow, rs Is 10 De
expected.
Il. q. Dun Il Co.'S weekly review Of
trade will saw: There has been some IN
crease in the distribution of products
during the past week and the demand TOR
manufactured goods IS distinctly larG =
SO thar business has perceptibly improved
az many DDlUl~. Ntt ttc Oul ~ Va ~, "a
pected 10 exceed S3,OOO,OOO THIS week re-
duces treasury reserves, causes increased
nervousness about the future, and renders
men more reluctant to engage IN new I'M
dertaklncs. Money 10 everywhere com
paratIvely easy aud cheap, and neVerthe-
less there Is more sense OF uncertainty
about the future than appeared month
ago.
Money is in good demand, but currency
is returning from the country. southern
cities generally report Improvement, espe,
clallv Louisville. Nashville, knoxville, and
Memphis. with good prospects and col
lections. At Little Rock trade ls quiet and
collections are slow. but at Atlanta busi-
moss increases and collections are very far.
AT New Orleans trade Is quiet and money
IN fair demand with an ample supply, but
cotton Is dull with light receipts. Sugar
is still strong
The iron and steel industry during the
past week has been facing record-break-
inc prices. though the demand and the
sales are laIge. Bessemer pig at Pittsburg
has fallen to Sl3.25, and other markets for
PIG are irregular. though sales are large.
The business in finished products IS very
heavy, but for many kinds the prices are
the lowest ever known. Contracts Tor
cruisers given 10 Pittsburg works aud for
elevated work here given to PennsylyanIa
mllls are mentioned as remarkably low,
though the structural iron-worSs nave
more business than usual.
The business failures during the last
week number for the United states, 200
Canada. 40-toial, 295, against S52 last
xraaL