Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-03-04
DUN AND BRApSTREET.


The Brfincs. Improvement Now Most Evil
dent Ia the West.
NEW YORK March 2-R. 6. Dun &
Ce's woo,sly review OF trade 10 morrow
MI say: No more definite Information than
week ago regarding the outc]mt "i
IT, financial revenue disputes existing,
Ic-rers mur. people have come 10 tie
tc..t Jlt thc end VIII answer th9ir
Wishes Certainly rather mJr3 are tab
So lmIci risks in businori. especially
il sf..NE The sloWly-groWlng d"mHh9
..s goods caused by gradual exhaustion
O.. stocks held bv dealers has furih':
ENLARGED The working force IN m1nuisc-
t-.t. The fan ~ silver u - I'D. ana
below CIc here. and si'"r Flgh' re-
c..,-r. rs renewed weakness have had
a. ulfayo.ubie influence On SOM mar
l.t. Il. announcement that import nj
Nes are g. be imposed bv india !, con-
fr.,1. may increase he difficulty. lie
.ae OF the sc.gn'Or3ee b'll by 'he
Il.1sc late on Thursly has not nal
t.e GO produce much eject, but Is not
C-..c.ally reassurlng.
Store works have resumed or increased
laG4s ana hours th2a have stopped or
ic..cel. but numerous reductions IN
WAGES continue o. lessen the purchasing
power q those at work. The demand OF
C...rbltOrs "a ALMOST exclusively Tor
r.r.lm or loW-prcci woollen ana cotton
goods for 81 % and not for s. boots, ana
f.r shoes rather than boots. Some sales
;ren and traders find indications that
stocks u the higher priced goods remWh-
IN GA hama are much larger than usual
~ bankers Judge that much OF the DO
l..d FOR commercial loans IS virtually
o. renewals 20 carry such unsold STOCKS
rp reductions In Indian Head sheet
iLrt ar1 Amoskeag tickngs cause larger
f~.tng. but print cloths are accuina-
fltul and weak. ana several mills OF m
. rr0ce have closed. In all branches or
e.. vooucn manufacture the demand Is
,.t fr below the usual mark. but X IS
f.r..uhat improved in worsteds ana
d.. Goods. and leading mills have been
taking wool quite largely. 20 that IN three
a. a.. markets the sales have been 4N9S.-
% pounds FOR the week. against 5'lso'Z0
last year. in part because scarcely any
frc'cn wool has been Imported Tor
,r-rths and supplies are short. The
,...lern markets are also broader, with
oat Improvement IN price.
Continued weakness appears IN the
,r.r..s OF metal products. notwithstanding
,on., increase IN actual business. PITTS
h,.r, offers steel bars here ~ LIS. which
g. only one cent at the mill; plates AK
: d at ulcwater and beams delivered here
s,i.5 Moderate ore1rs for cast-pipe have
been placed and some large structural
r.,,trscts Even In the Pittsburg region.
hoy,,er little over half the force is en-
vowed. and only 81 per cent. OF the Con-
rsus,iue eoke-ovens are yet In opera
IN. 4 few more furnaces are IN blaS'i
southern pig ia weaker. and 1900 tons OF
southern warrants have been taken by
English holders, who now nave So.vV'
tous There are heavy transactions III
I.aHe ore at Pittsburg. and IL Is said that
With ore az S2.75. coke at - cents ana
wages reduced % per cent, many tor-
nocos can make iron at proht even VI
present prices.
The decrease In domestic trade repre-
scented by clearings is i0.S per cent. TOT
the week. and 25.6 outside OF New York"
little less than last week.
Tho imports OF merchandise stlii snow .
decrease OF 10 per cent. while the exports
o. comestic products for three weeks are
per cent. larger than last year.
The most encouraging feature or the
weeks record Is he continued decrease IN
the number and importance OF FAILURES
For the the third week o: February the
liabilities thus far reported are only
E.ssg,sie. and for three weeks OF ths
month only 81, 430ils. Of which So.VL'e'.
we're OF manufacturing and ss,SsLt@ Q,
trading concerns. The number reporteu
In February IL l,250 against z.OU IN Jahu-
AIRY. and the full liabilities were probably
less than sl5.0Ooc0o. against SSo.sie,s' IN
January. In November and December inc
amount exceeded pp,Voo.0co For the pas'
week the failures have been zei IN the
United States, against 2S last year, ana