Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-02-10

Senate and currency measures OF I'M
portanee pending In the House, has como
hinderfng influence. but vncre Ia still
seen an increase in the demand for many
kinds Of goods. because Of the exhaustion
OF stock In the hands Of dealers by con-
sumption which. though less than usual,
is nevertheless greater than In any other
country.
The volume Of domestic trade does not
materially increase, exchanges indicating
decline compared with last year OF 1913
per cent. elsewhere. and A.s per cent. at
New York.
The actual production Of pig-iron Feb
ruary LIST was 9s242 tons weekly, against
.os7 tons January LIST. and 11.2Oi year
ago. The apparent output was slightly
less In January than In December but
the increase In stocks unsold was only
1897 TONS against 1881 In December 20
that consumption In manufacture IN
creased not quite IL per cent, though
2 Der cent. less than year ago. Ihere
have been large sales OF steel biiie's'
lifting the price TO sle25 at Pittsburg'
and a better demand for wire-naiis, wire
rods. and barbed wire. while the fnls,
burg price OF Bessemer pig has ahVanceu
10 sl075. Philadelphia notes larger trans.
actions. and Improvement appears ~
Chicago.
Tho decrease in shipments OF boots ara
shoos from Boston for the week was oniy
IA nor cent. but trading runs so larse'
10 low-prlced goods that In value 'he de'
creasc in business must be greater -.
TEXTILE manufacturers are gaming NJ
tie Inuuiry discloses larger stochs VI
cotton goods held by dealers IMAM was
sunnosed. and quite large proportion
ltI,.n In
,n,asa orders increase. but the number
renorted starting Is again several umes
| The number reported closing. Sales OF
wool were decidedly larger last week
b77s 90 pounds. against 6S'5''so last year.
ara the markets were all more active
| lint this week they are comparatively
| quiet. u,
MANY mills have opened In an expert
mental way. and have made up soOus
| enough to try the market. with results
moi as vet largely encouraging. There Is
better demand for dress goods and
| for some worsteds. but in general the
| trade Is extremely cautious. Recent
sharn reductions I'm cotton goods have not
! brought out the increase Of business eX-
poc,ed. An auction sale OF silks resulted
| in better prices thar any anticipated.
Foreign trade does not improve. do
| nestle exports at last falling below those
| of the corresponding week last year
| though for the year thus far the IN
| crease is I per cent, while the imports
| are 10 per cent. less than last year
The failures for the week were 3so IN
| the United States. against 800 last year
| and On In Canada. against Al last year
| several being of more than ordinary I'M
| poriance.
| A BALTIMORE VIEW.
/ -
| Manufacturers Record. in viewing The
| condition Of business in the South fol-
l the week. says: Notwithstanding the re-
l stricting influence of threatened tariii
! LEGISLATION upon some branches OF south
ern Industry. there is In general de-
| cided Improvement with increasing actlNi
| ~ I'm many directions. A large NUMBER
| of southern factories. including n rolling
I mill that employs nearly 1000 hands alu
| iron-plpe works that employ 400 or gDV
| have started up during the week me
| Newport News ship-yard is engaging Lev
| additional hands to work on contracts
! lately secured. Bank cleariT gs show an
Improvement compared with other Sec
lions. The sales of fertilizers are very
| heavy. and the spring jobbing-trade out
| look Is promising.
| Irluortant developments of southern pro
| gress during the week include the iettlne
of a contract for a 100000 steel railroad
bridge across the Mississippi river at New
Orleans. preparations for improvements
IN the Dlsmal-SwamD canal OF virginia
TO cost 81 100000 and extensive 1etty WORK
at Mayport. Fla; a $oO,0D SUBURBAN.
| electric lire at Atlanta, steam road III
Georgia twelve miles long, and the ac-
a,Iirement of terminals on Galveston Bay
for the Gulf and Interstate railroad, a
twenty-six-mile road to be built In Texas
TO develop a tract of 5000 acres or coal
land now being opened up to furnish coal
10 the Southern Pacific railroad. contracts
closed for turning large volume OF frame
from $500 miles of western roads to the
seaboard over the Chesapeake ana ONO
and the organization Of company 10
exterd the Atlantic and Danville railroad
10 the coal-felds of Southwest Virginia.
Among the new industrial projects are
two new coal-mining companies IN VIZ,
ptnia. with 100000 and 100000 capital
stock respectively. flour-mills III South
Carolina and Tennessee, $iO.mO FURNITURE
factory in Arkansas, IL sl5O'OU copper
nlant I'm Tennessee. 100000 irrigation
comnany TO develop Texas lands. $780,
Ooo phosphate machinery company in Mary
land n $4,000 hosicry-mill In virginia,
bids inviting for building cotton-fnlli III
the same state. shoe-factory In Mem
nhis a $4,000 lumber company IN Au-
eusta. a $780, 900 satisfactory in west VIZ
ginia. gas-works at Newport News u
$50 900 electrical company at Dalias' ETC.