Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-06-10
BRkDSTREET AND DUN.
The Outlook for Business a Little Better
on the Whole.

NEW YORK, June S--Bradstreets TO-
morrow will say: Nearly all the unia-
vorable business conditions Of the past
three weeks continue to exercise an in
fiuence. The few exceptions where i'm
provcment is noted are OF practically local
importance. Retain trade at many centres
has been interfered with by unfavorable
weather and by further restriction of the
purchasing power Of thousands OF wage
earpers. by further industrial trouble or
hy shrnkage IN production Mob violence,
with attacks on life and property, have
been feature Of the situation, necessi-
tating Interference by State troops In
many localities The production OF soft
coal has shown a slight Increase through
the return Of few miners. The scarcity
of soft coal is having steadily in
creasing effect on Industrial operations.
At the larger eastern centres there Is
no Improvement IN general business.
Philadelphia jobbers I'm dry goods report
"a better spot demand. ana the petroleum
market there IS more active, but Balti-
more iObbers I'm clothing. az well as in
some other lines. have not sent out drum
mers as formerly.
Among southern cities covered Rch-
mond. Savannah, jacksonville. and Au-
gusta report more favorable conditions.
At the first there is a better demand for
groceries and provisions. for agricultural
implements. and for leaf tobacco. which
is quite active. The Eastern Florida vege-
table regions report continued improve
ment in crops and corresponding stlmu-
lation among merchants. while at the
Georgia centres the volume Of business Is
fair in most lines ana improved in one or
two. Elsewhere South dulness. slow col
lections. and surplus funds in bank char
actcriIe business conditions. There is
little that is far-reaching attending the
evidences Of Improvement reported from
the West.
II. 6. Dun e. co.'s weekly review OF
trade Will say tomorrow:
The outlook for business seems a little
brighter on the whole. though the change
Is not great. Moreover. IL Is impossible
10 distinguish between the mere replace
nient of orders cancelled for want Of
fuel and new orders. Cancellations have
been heavy. and II is not clear that orders
of equal magnitude have gone to other
works that are able to fll them. through
the agency Of strikes. the interruption
OF industry AMI commerce increases every
week. Hence ii is somewhat encouraging
that the decrease in payments through
clearing houses Il but 2i3 per cent. for
the first week Of June-27.2 at New York,
but only 1874 elsewhere. The decrease in
comparison with 1892 is about 30 per cent.
While 1t is believed that deferred work
will cause heavy production after the
strike terminates. the demand for pro-
ducts is at present much below general
expectations. even at the East.
Other Industries have been less affected.
lut many Of the textile mills. even in
New Encldnd. have now been closed for
Luck Of fuel or of orders. besides other
concerns I'm great number between the At
lantic and the Mississippi river. The mar
ket for goods is dun and weak. with fur
Their reductions In prices. and stocks visi-
blv accommodating.
The banks here receive from the in
terror about as much money as they lose
10y gold exports. though the Crop-mOVing
season il close at hand. Customs re-
coipts are again Sc per cent less than a
year ago, and internal revenue 3 per
cent less for the week. The exports
Of domestic products have been exceed
ingy large.
\ continuance Of large failures Is re-
pOrted--2lS In the United states. against
222 last year: 20 in Canada, against %
last year The liabilities Of the failures
during the month were Sl3.30j, SjI-about
$4,000 at the East. S.59)OO at the
South. and g. 10000 at the West OF the
aggregate. $51Cs.O2j was Of manufacture
ing. and 6GS}. ig9 Of trading concerns