The times. [volume] (Richmond, Va.) 1890-1903, 1894-08-04
AN INCREASE IN VOLUME
THIS Is REPORTED TO BE 7HBOUT-
LOOK IN TINE BUsrNEss WORLD.
Teadc Is ON Waiting Or .-rs from tho Tariff
Tinker cad to improvc-t'ood He
pOrts from tho south.

NEW YORK, Aug. S-Bradstreet's to-
morrow will say:
While little significance Is attached 20
the moderate improvement in trade at
san Francisco. Pittsburg. Baltimore. Au-
gusta and Atlanta, when II Is added that
clearing house totals for July report TWEEN
ty-nine cities with larger aggregates than
in July last year, cOntrasted with the
June report. which contained only eigh-
teen cities with aggregates larger than
those in June "A year ago, IL is percelNei
that there are influences at Work at the
interior faVOring an increase IN the
volume OF business. Wool remains steduy
at last weeks advance, speculation nav
INK been stimulated by differences OF
opinion as 10 the tariff outlook Tor tha'
staple NJ heat has advanced, IN - HPo ,
thy with corn. on Increased orders 49,
reports of crop damage from abroad, WINE
corn sharp advance is due partly 10
exaggerated notions Of damage from
drought. There is little Likelihood OF the
corn crop being smaller than IN either
vi the TWO preceding years. nOtWitnstahu-
ing our advices of - per cent. damage
II Kansas and 10 per cent. IN Nepr1sAd
southern crop prospects are generally eA-
celleut.
War between China and Japan has not
affected the price Of tea here yet, al,
tIDuAu an increased itlltNi - n.y.
az New YORK. Boston and Chicago. Gable
adViccs regarding crops or tea are ABOUT
the same as last year. II tea ports
should be- closed high prices would ioi-
low quickly China exports but little
rice. and Japan's rice export season IN
passed. while we are entering upon a new
crop. Prices ~ rice WOulC prOhdbly De
sharply affected should the war continue
another season. They may be moderately
enhanced In any event.
Added interest I'm wool has characterized
the Philadelphia, as well aS the BOSTON
markets Slfght increases I'm the demands
In nearly al! leading lines are reported
from Pittsburg and Baltimore jobbers IN
dry goods. notions, hats and shoes report
business more encOuraging providence
JeNelry manufacturers report orders very
SIN li ana the outlook not promising.
Advi Is from Southern cities report mod
erate gains and fair prospects Tor the
AN at Memphis; no improvement AT
Charleston, the trade selling cautiously az
savannah. and business quiet at Jackson
y'le. whore collections are slow. There
rs an Improvement I'm the volume OF
business AZ Augusta. and johbers at At
lauta are niliug orders more freely, owing
20 good crop prospects. Nashville. too, an
nOunocS an improved outlook
ChattanooEa's July trade is reported
larger than that for June, but at Birmng-
ham business = quiet and collections UNI
improved. Trade has been slack at New
orleans but the boot and shoe industry
Is improving. and manufacturers are busy.
-AflhIIf'N TT ifl ArlINt-kln ana NIfltf points
in Texas continue TO report Improvement.
a r. q. Dun sees L.
NEW YORK. Aug. 3.-R .. Dun X
c.. weekly review OF trade tomorrow
An Important change in the state Of
business is near NJ hand. Congress
viii act ON the tariff question one way
or the other i'm an probability. within
week II II passes the pending bill
or IL It fails. In either case the definite
basis for future business Will enable
many tO act who are now waiting.
w neither The one course or the other
would stimulate the greater increase
II is certain that either would give re-
lief from pre''nt p1rdlyzing uncertain
ties. and cause some increase i'm business
at least for a .ime. 50 much business
has been deferred during the past year
ana merchandise stocks have been sc
REDUCED that the mere approach Of
decision, without certainty what n s.
TO Doe. has this week encouraged large
preparation for Increased business. ln
spite OF OUTGOING gold and sinking treas
ury reserves. small railroad earnings
some injury 10 crops. and increased
trouble On the coke REGIONS. the tone and
the outlook are more hopeful. The
Of hleacheI c0t toms has been
checked by the restoration of prices
as 10 was stimulated 10y the temporary
reduction 10 the lowest point on record
aud the print cloth manufacturers "a
D .fl river are fflNIlrIF NUlirl'Af-i ms Il
reduction Of wages. the stock there and
at Providence being l,lNJoD pieces,
while the lowest price ever known
. 9-lGc. for G4s. has been made az Proyi-
dencc. As a strike would help the price
Of the large stock on hand one is not
improbable.
Recovery I'm iron manufacture IS him
lerol hy greater trouble ln the coke re-
.iOu, where many Of the new C1lored
hands have quit and gone back o. the
and Tho uf D. 1..f.I..I "a
continue the struggle. Somewhat better
business aIUctrr at Philadelphia. but the
1 Irket here d. lUll There Is no improve
nent On oLEntti's Of Manufactured forms
eluirel an rittsburg or the Weet, and in
.trerll the demand for finished products
s disappointing. Prices remain uu-
hanged. though with numerous small
contracts for structural work leans lre
3 shade stronger. while Bcssemer iron
bar iron. ana wire nails are shade
weaker The 0utgO ~ gold IS I'm part
d. settle for unusually heavy imports Of
It IT, ana .n part To pay large railroad
ini other loans made year aeo IN
Time OF especial stress. The main fact
IS that exports of domestic products in
July were nearly twenty per cent less
han last year. while the imports though
much diminished for the time by tariff
uncertainty. are bat six per cent less
han last year There is every reason 10
Npant henVer I'm ports soon. while the
markets 10 NOT give promise OF a strong
orclen demand for the great exportabln
staples Money Is NOW coming into New
York banks. though in small amounts
ind The customary heavy demand from
he West has not yet appeared. though
he wheat movement is heavy CONNER
ial loans are decidedly increasing
n0ueh not enough as yet TO Terminate
he extraordinary ease OF the money
arket. Commercial liabilities thus far
epOrtcl in failures during July amount
u 90 S9.Ol6.OS Of which si,rJ.22O were
4 manufacturing and $i,yil. 40 Of trading
Oncerns, and the decrease FOR the month.
hough great in comparison with last
edr, is hardly as much as has been ex-
Oerted. The failures this week I'm the
nitcd states have been 2l9. against i36
asst year. and a In Canada, against q