The times. [volume] (Richmond, Va.) 1890-1903, 1894-01-13
PRICE TWO CENTS.
THE TIDE HAS TURNED.
A NONE ENCOURAGING OUTLOOK ~
THE BUSINESS WORLD.
A Movement In the Direction Of an Ez-
pansion OF the Volume Of Trade.
Reports from the south

NEW YORK, Jan. 1e.-Bradstrcet's to-
morrow will say: Special kilograms from
leading trade centres to Bradsirects bring
evidence not only OF much that j. eneour-
aging regarding the outlook. bui that the
tide has actually turned. II appears be-
yond question that business In Industrial
and commercial lines has for some time
been at low ebb. and that movement
hi the direction OF an expansion OF the
volume OF the business has appeared. The
pendulum which swung in one direction
from May last year until 1894 should soon
be seen swinging In the opposite direction.
and Bradstreet's points as evidence OF that
fact to the Increase OF "a per cent. In the
production OF pig iron within three months
TO an excess OF deposits over payments at
some of the largest savings banks In the
United States and 10 assumptions OF work
at Industrial establishments In ali direc-
tions (even though with lower wages and
on shorter time) as contrastcd with The
epidemic OF shut-downs prevalent a month
or more ago.
In addition. there is direct evidence that
the tide is rising at various points. An
increased movement Of farm stock at
Atlanta and heavier demand therefor.
ana in farm machinery, and panufac-
tured products is reported Augusta
announces that her cotton factories hive
orders ahead. while from Charleston and
other points word is received that while
city trade is relatively quiet, the cross
road trade" at the South Is healthfui
and active. AS soon as southern planters
and Others have arranged with factories
for the coming demand I'm general lines.
. ~. l..
more vigorously. Merchants at Louis
VILE have begun 10 appreciate that the
worst IL over and TO regard the future
of trade hopefully There IL more in
quiry for whisky and tobacco. the crop
OF the latter being short and prices adj
vanced.
Very little is doing at Baltimore. and
the outlook Il not thought bright. At
Charleston rice is one cent higher. and
there Is better feeling In trade circles.
At Nashville spring business is opening
with signs Of life. and the trade IS fairly
satisfactory. There is only fair volume
of business at Memphis. but at Chatta-
nooga there Is heavier demand for
hardware A moderate volume Of busi-
ness. with fair collections, Is reported
from Mobile and from Birmingham. The
New Orleans money market Is lighter on
account OF delay In securing bounty pay
ments by sugar planters. all OF which has
an effect on general business. Little Rock
says trade IL unfayorable I'm all lines.
and unreasonable weather at Galveston
has had an influence. From various por-
tions Of the South reports are received
that cotton Is being held for an advance.
Snow hufb mp,n".
The Snow Church Companys Weekly
Review OF Trade. says: Jobbers for the
past week have been giving more atten-
ton to the settling up OF business tor
the year just past and little attention
given to solicitations OF new business
up 90 the present
Faucy-grocer Jobbers report tfads
having fallen of considerably since the
holiday season, but with no marked de-
gree Of depression over former years or
| same period orders are stiil coming in.
with collections fairly satisfactory. Boot
aud shoe jobbers state that statesmen
are on the road. but general trade 10
| quiet. However. the outlook for fair
| spring trade ia good and collections are
| reported by Them "a little above tho
average The trade among leather ana
shoe findings is regarded On the Increase
over the last two or three mouths, Win
corresponding collections and Indications
for fair spring business.
Collections by the Snow-church Com
| pany during tine past week SHOW an IN
crease over last week, and reports from
| claims for collection now in our hands
are favorable for the collection of same
in lne near future.