Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-06-16
BRADSTREeT AND DUN.
Business Conditions of the Country During
Last Week.

NEW YORK, June 15.-Bradstreet's to-
morrow will say: The practical arrival
Of the midsummer season and the usual
slackening Of business, the extreme hea.,
and need Of rain in Northwestern ami
Southeastern States. and the continued
uncertainty 9s TO the tariff preventing
merchants from anticipating demands
next fall together with the large number
OF idle wage-earners in Industrial. mining
and other lines. all combine TO produce
continued dulness In business.
General trade is staSnant at Buffalo,
and at Philadelphia the textile industries
report sluggish demand.
Although sales Of pain. and glass are
in fair volume. and anthracite coal sells
for a little more, Baltimore reports eX-
trcme caution on the part of both buyers
and sellers
In the South there are five cities at
which the merchants are said to have en-
joyed some Improvement III business.
jacksonville declares that collections are
better, and at New Orleans and Memphis
the demand for staple goods is Increased
in groceries and dry goods Nashville
regards the outlook for fall improved,
but admits that rain is needed.
At the manufacturing centres At
lanta and Augusta, the mills are
reported fairly active. Needed rains
In Southern Texas are said to have stimu-
lated demand from jobbers at many points.
The fruit movement in Southern Alabama
has fallen on, as has the demand for
hardware at Mobile Rain is badly needed
In portions Of Georgia, while at many
poin's throughout the South Atlantic and
Gulf States there Is 10 change from the
previously reported dull trade.
R. q. Dun & CO. will say tomorrow:
The exports Of domestic products in May
showed decreases in all the princpai
classes excepting provisions, the aggre-
gate being s31 7l2, against $i.3il A5
last year, but more than S,00,00 of the
decrease In value is found to be due to
the fall in prices The exports from New
York for the two weeks of June have
been per cent. larger In value than last
Naar. while the imports at this point
have been IS per cent. smaller.
t0fflpa risOns Of exchanges with last year
alone are no longer instructive, but the
daily payments through the principal
clearing houses for the first half of June
have averaged $l2S260.00. against N62' 700
elI last year and SlTl 10000 for 1892.
owing 10 the fail in prices about this
time last year. comparatively little of the
difference In the value or payments can
now b. attributed to the difference in the
prices Of commodities but il cannot be
Judged how much may be owing to the
strikes and their consequences.
Gold exports have diminished to g, 2,250.oD
for the week. and the sales of foreign
exchange TO mature about the end of July
indicate some borrowing from Europe
against products to b. exported.
\ little more commercial paper from
iobbers is also found by the banks. but
the foOd Of money from the interior has
not ceased, though the time for the
movement of crops draws near.
While business is narrow, IL Is COM
naratively free from losses from failure.
for the liabilities reported in failures
for the first week Of June were only
s. 5o1.0O0 of which $4,000 were Of manu-
featuring, and Sl,N20O OF trading con-
Germs. The aggregate liabilities thus far
reported in failures during May were
but Sl3,5l4n0 Of which g 6,C0o were Of
and $4,000 of trading
concerns. The number Of failures tins
week has been 232 in the United States.
against 3i3 last year. and 10 In Canada,
against 81 last year.