The times. [volume] (Richmond, Va.) 1890-1903, 1894-12-09
CONDITION or Trade.
Cossrsss sad the Bond hsus Have Not Al
fscisd the sif1aiton.

| Co.srsss sad the Bond bsus Have Not AZ
f,cIsd tn. sifraiion.
NEW YORK, Dec. 7.-R. q. Dun's
Weekly Review OF Trade tomorrow VIII
Il Is difficult to detect any change In
current business. Prospects for business
after January LIST are quite generally con-
sidered more hopeful. In some branches
there. are larger orders and the west.
bound shipments OF merchandise are =
little larger. But the working force ~
naturally diminished near the end OF the
year, and the holiday traffic brings JUST
now a temporary activity, which II not OF
much general significance. the meeting
OF Congress and the announcement OF ,he
new currency plan, and of various bins
proposed. have not affected the silua ION
percepubly. Payments for bonds nave
beer completed without disturbance, Dut
did not prevent the shipment OF Some
gold TO Europe to-day. on the whoie'
agricultural products are scarcely strohs-
er and wages of labor DO not adsdtSe'
but there Is reason 10 expect me elnp Ply!
ment Of a somewhat larger "ofhihs i"'N"
after the holidays ~. he
Reduction In the price OF rails naS
brought out no large CONTRACTS 40 49, 49,
but some good orders have pe tavn gtSun
for freight cars--one for Oop. TdShie'
through principal clearing houses are d
shade less favorable. but snow LOT tne
first week OF December an increase Oh 30
per cent, compared with last year, anu q
1892, when business began 20 ran pe''"
the record OF previous months 80 At
The iron Industry seems 10 h ak u
tinctly brighter prospects az Nhicaso.
where pig iron Is hrmer anu Da IT, :" fraiSbt
demand, because OF orders Tor ITeis ;.
cars But Bessemer iron mas soiu a.
si225 at Pittsburg, steel rails haye p cen
reduced to ST there ana Wi5n G of prices
there and at the East shows the lowess
average yet recorded; taken prices Oh
October is9O,'as well as quotations., nave
fallen to 557 and are so far sha Seen ', nSt
off within four years. southern WORKS
are Offering iron here and In New Eng
land al very low figures, and thoush a
somewhat better demand appears TOT
Nnjebad nroduct il Is so far below the
nmtnut that the competition leaves scarce
ly a profit. =. trooro,,aa
and the drift OF idle money hInsr ""i a
is as large as at any time TINS year.
remarkable statement shows that treas
ury transfers of money nave peen al
most exclusively to New orleans a1'o'1,
VU in October, against So,.V 90 o. NO
al al No oyner against s203. 900 to all
other points. Commercial loans snow
no Increase whatever, anu hedyy saies
of American securities by LONDON inns
week have advanced exchange 10 the
shipning point, so that $l,2JO,VO gold
will be exported to-day. 49,. ,.a,
The liabilities IN lalluTes lpI l1lc ,oot
week nj November were $203S, iN against
% q0a A7g for the same week last year,
hui The decrease was wholly In manu-
featuring liabilities. $4276ii against 81
sT5 027 last year. while trading Liabilities
were 81, SCI, 347 against 81 ,2S, $40 last year.
For the four weeks of November tn me
aggregate was Sl0,5S1 ,s73. against so'S4l ,oZl
last year. The failures this week nave
been 1856 in the United States, against
3S5 last year, and forty in Canada against
foptu-tWo last wear.
NEW YORK, Dec. 7.-Bradstreets TO-
morrow will say: At the largest east
ern cities retail trade has assumed the
characteristics Of the holiday season.
THE demand from jobbers is mainly 70
M out depleted stocks, ana ACTIVITY IS
mainly among retailers. An encouraging
report regarding the outlook Is received
from Baltimore. but Boston. Buffalo.
Pittsburg and Philadelphia announce
trade ouiet. with the volume Tor NoVem-
Der less than I'm 1893
At the South there Is a reasonahle
activity in staple goods. with moder-
ate Improvement at Nashville. Chatta-
nooga. Savannah. Augusta. and Jack
sonvllle Southern jobbers are paying as
much attention to collecting bills as TO
selling goods. At Charleston, manufac-
turers and Birmingham traders are
satisfied. There has been a moderate
gain In distribution of groceries. SHOES
and light hardware from Galveston, but
sales of dry goods are dull.