The times. [volume] (Richmond, Va.) 1890-1903, 1894-11-10
MORE TRADE PROMISES.
NOW THAT THE ELECTION rs OYER
BUSINESS MAY IMPROVE.
Thu Volume OF Trade HestrIcted. Psrticu-
lsrly In the south, During tho Week.
TIE Failures.

| NEW YORK, Nov. Or. G.. Dun & Co.'S
Weekly Review OF Trade says:
| business has been waiting together part
| OF the past week. and the elections are
| expected to give IL sharp stimulus
| Whether men are right or wrong in ex-
| pecting better things. the fact that they
! do expect them tends 10 make things bet
ter. Thus a larger volume OF trade might
be anticipated, although no political events
can alter the size OF the corn crop, hor
make the demand for wheat or cotton
closer to the supply. Neither can the
election returns alter the tariH. ana II
any industry Is affected by II, favorably
or unfavorably, the situation Is exactly
the same as 1t was before the people
voted, at least for some time 10 come. =,
But IL is fair TO infer that further nodi-
fications of the tariff are rendered less
probable by the elections Of Tuesday.
On the speculative markets there mas
been scarcely any movement, and nothing
| favorable to holders.
rHL a EA5CfAL tIIUAT1oS.
The Treasury reports a gain of about
half million In It's gold reserve for the
week, but the customs and internal re-
ceipts are very low, and for the month OF
November thus far the expenditures have
exceeded the receipts about 10 per cent.
Foreign Imports at New York Tor TWO
weeks have shown a gain OF only ~ per
cent, while In the exports or domestic
products from New York there appears
loss OF $4,000 for the same weeks, or
q per cent. the output OF pig iron was
larger by 1871 tons November LIST, when
IL was l5S, $50 tons weekly, than II was
October LIST, and larger than "A year ago,
but II is still about Is per cent. below the
output last May before the great depres-
sion began. Ii is noted that nearly all the
furnaces in the region depending on Con-
nellsvllle coke ana lake ore are now in
operation, with an output Of 5000 tons
weekly, out of a maximum In that region
OF a. 900 tons, but Bessemer iron Is rather
laN Aen
ished ~roducts OF iron and steel have not
improved. Some OF the wirc-rod mills
have closed for lack OF orders, and a
few OF the large steel-making concerns
have reduced hours OF work. At the same
time there IS a decided Improvement III
the tone OF the market and general
confidence that the business will now Inn
prove.
TfxTILE INDUSTRIES.
In the textile industries there is rath-
er more hesitation than appeared a week
ago. Print cloths are lower, having de-
cl!ned 10 262 and some OF the cotton
mi have discontinued production be
cause the demand is unsatisfactory. the
shrinkage In the western and southern
demand being generally attributed to the
low prices or wheat and cotton. and 10
the short crop of corn. Scarcely anything
is doing I'm wooden goods for spring de-
livery, and the demand for fall ana WIZ
ter goods has nearly disappeared. IN
general, II is believed that the spring
orders thus far are not more than half
the usual quantity.
Reports of failures are, on the whole'
encouraging in comparison with last year
and vet the volume OF liabilities rs larger
for the season than In any year or or
binary prosperity. The aggregate III I'VE
weeks, ending November lSt, mas peeil
$40 M. e43. OF which 81, 3S6,57S were OF manu-
featuring and $3.50 Of trading con-
The failures during the past week have
been PSI In the United otaSe9
a@ai1st n last year. There have
been few failures OF consequence durlhB
The week. but none of extensive lhhu-
ence.
CONDITION or SOUTHERN TBiDE'
Bradstreets viii say: ,.,,.,,
Interest In elections TINS week 1d ..atn
w tended to restrict the volume OF trace,
1'articu!arIv South, Were lhteliti
win mercantile collections. But Wltnll
a few davs the influence OF more stdSoil-
able weather West ana NO I'M" MI No
rather with the emphasis with wmcn Pc
ti,i.aI questions have apparently p'c'l
settled. rave increased the confidence VI
many merchants and manulac'uIeIs III q"
prospect for an increased rate OF lHlpI"trc
ment i'm general trade in the near III
pbuadelphia and Pittsburg markets con-
tinue as last reported, movements OF HheI
chaudise being moderate IN Noluihe' COZ
lectons not satisfactory, but prospects
fairy bright Demand for lumber ana
| leather forms an exception. being NOR
| active Baltimore reports less satlslac-
| tory trade. political excitement there nav
| ing interrupted business more than al
| large eastern cities. The distribution OF
shoes appears as active as That OF any
other staple, business in other lines. eA-
capt holiday goods. being quiet.
Charleston lumbermen report falr
business, but In other lines there is no
change. Similar conditions prevail al
Memphis but at Nashville there Is more
activity I'm general lines. notably In re
ce!pt OF California canned goods. The
only material effect of election excitement
on business is delayed collections. There
is a seasonablc activity in general lines
at Atlanta. At Chattanooea and Biz
mingham rather more activity Is OD-
served In business circles. while cQllec-
tiCns were fairly satisfactory. Wholesale
and retail houses at Jacksonville report
trade fairy satisfactory for the season.
but AZ Savannah there is no special
change. except that collections are satis-
factory Augustus report is similar ex-
cept as TO collections. which are slow.
AT New Orleans rather more OF a check
TO business is noted. due to interest In
the elections. but increased activity is
expected soon. At Galveston trade Is dull