The times. [volume] (Richmond, Va.) 1890-1903, 1894-06-16
A CONTINUED DULLNESS
rs REPORTED THE COMMERCIAL
AGENCIES As 10 BUSINESS.
Some improvement Reported Mt Five
Southern Cities-Reports from the
Northern and Western Centres.

NEW YORK. June i5.-Bradstreets' to
morrow will say:
The practical arrival of midsummer
season and the usual s,ackenlng of bust
ness. extreme heat, and need Of rain
in northwestern and southeastern States
continued uncertainty as 10 the taril
preventing merchants from anticipating
demands next fai, together with the
large number OF idle wage-earners indu 3
trial' mining, and other lines, an com
pine 10 produce continued dulness In
business. General trade IS stagnant at
Buffalo. and at Philadelphia the textile
industries report sluggish dem md.
Although sales Of paint and glass are IN
Iair volume, and anthracite coal sells
Tor little more, Baltimore reports eX-
IRENE caution on both sides OF buyers ana
sellers.
In the South there are five cities at
which merchants are said 70 nave ENJOY
cd some improvement IN business. JACK
sonvlle declares collections are better,
and al New Orleans and Memphis de-
mands for staple goods Is increased In
groceries and dry goods. NaShNllle re-
CARDS the outlook for fall improved Dut
admits rain is needed. At the manu-
featuring centres. Atlanta and Augusta,
mills are reported fairly active. Need
ed rains in southern Texas are said
10 have stimulated demand from 1oD-
bers at many points. The fruit movement
III SOulItTu AldbdlIld IdS lt4i'l vi. fio
has the demand for hardware at Noble.
Rain Is badly needed in portions OF
Georgia, while a many points Throughout
the South Atlantic and GUlf states there
IS no change from the previously
reported dull trade
NEW YORK, June l5.-R. G.. Dun az co.
Will say tomorrow:
Exports of domestic products In May
showed a decrease in all the principal
classes, excepting provisions, the agGre-
gate being 81 S23,il2, against SH,34l. ~ last
year; but more than 100000 Of the de-
crease in value is found TO be due to me
fall in prices. Exports from New YORK
for two weeks Of June have been per
cent. larger in value than last year
while imports at this point have been
Is per cent. smaller.
Comparisons Of exchanges with last year
alone are no longer instructive, but the
daily payments through the principal
clearing for the first half OF June
have averaged $l2S 26O0 against Sl5Z 100
900 last year. and Sill. 10000 for 1892.
Owing 10 the fall in prices about this time
last year comparatively little OF the dlf-
ference in the value Of payments can now
be attributed 10 the difference in prices
Of commodities, but IL cannot be judged
how much may be owing TO the strikes
and their consequences Gold exports have
diminished 10 $4,000 for the week. ana
sales OF foreign exchange 10 mature about
he end Of July indicate some borrowing
rum Europe against pIouuNlS 70 W "a
ported. a little more commercial paper
rom jobbers is also found by the banks,
1ut the flood Of money from the interior
las not ceased. though the time for move
nent of crops draws near.
While business is narrow II Is compare !
lively free from losses from failure, for !
he liabilities reported in failures for the |
rst week Of June we're only 2.501 900, OF |
fhch $4,000 were OF manufacturing and |
$1,000 Of trading concerns The aggre- |
ate liabilities thus far reported in fail
res in May were but $3.5l4Ol, OF which |
;. 1900 were Of manufacturing and 49,.
y 90 of trading concerns. The number |
T failures this week has been 80 in the
nited States. against 3l3 last year, and
in Canada, against 81 last year.