Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-08-10
BUSINESS CONTINUES ACTIVE.
There L. Midsummer Relaxation, Hut
Nc Sign Of Reaction.

NEW YORK. August 9-Messrs. X. o.
Dun q Co.'S review Of trade tomorrow
will eay: Business continues active Tor
midsummer Although there Is percepupie
relaxation there are no signs OF reac-
tion The one change of great Importance
which the past week has brought - emil
nently h0peful-the amlcable stttleInent
between coal-miners ana their enpl9SIIS
i'm Western Pennsylvania, ONO, ana IN
diana 1t Is said that about lVo,wp men
will have their wages Increased AFTER
October LIST by this adjustment, ana Whlie
the enhancement Of purchasing power IS
of consequence. it seems even more I'M
rortant that a chronic cause OF cohtIo-
vsrsy has been removed by the new
agreement az 20 company stores .
There Is no important change IN crop
nrospects. and at this time no news Ia
eminently good news Taken aItosethei,
the crops of the year promise so much
better than was expected mohth deo
that the effect is highly encouraslns' AZ
though the other crops, except corn VIII
The outgo Of gold continues, and eXcites
some comment because II IS iet that
the bond syndicate could arrest the move
ment at once. if IL pleased, by reducing
the rate Of exchange ..o,-s,,t
Speculation has been more success VI
in cotton than in any other pronuct uu-
ring the past week, ana mas iii' S s e'iS
price an eighth although IT cannot be sac
that the prospect as 10 yield has deilhtsS
changed some injury has evidently been
sustained from excessive rams, anu W
government report commands niue
more attention. H. r,
The Industries continue TO make pro,
aress and higher prices for iron anu steeI
nroducts prove that the supply mas hot
,,et outrun the demand. BesSemer IRON y
y shade weaker. but grey forge has ao-
vanced about On cents, ana ilnlshSu ~
ducts are remarkably nim, Win iuItiiS'
e5vsnce I'm steel beams 70 10, III ans
10 e ard in bar-irOn TO l.3c. Inc Nui
negje works, at Homestead oro iso IN. -, le
cord by turning out In July f5'Wy toi'S
~ steel OF which 1870 were OF beams
THE sales OF wool are not as HluSn III
fated by speculation as theN VIZ lii ~" con-
~ first half Of July. but they sun cV l
siderably exceed the actual cohsuinpto :. !
20 rosnnfacture Prices are very nrH anu
holders who bought enormous liz
% month ago. in exptctduoh ,,sar "a
apDear to be looking for iurtueI ~,
yance Rut woOllen goods show slsns
weakening, and there Is much coihll1a ~,
Of foreign competition ana uhus INal l.,a.
tons especially IN me sa1s ,hs sH tendency
qualities while In Worsteds inc VIM"
Of price, Is upward. ,,,,,,, al
Some staple cotton goods have again an-
yanced I'm price. and the markrt II III
usually strong for the season Inc sniP
ments of boots and shoes continue ldIBsl
than I'm anv previous year, but thefe i
very little new business ana MOST OF vi.
manufacturers are getting near the Az Az
OF their orders, while many nave us
cbarged mart of their hands. Prices are
firmiv maintained. and there is no yield.
ing In leather. though IL is reported ma I
hide prices at the West show niue
weakness. ,,,,.,,s
THE failures for July show liabilities
amounting TO sii. rs, 100. OF which SoisV.s
were OF manufacturing, and sS.ZS,l'5 on
trading concerns. The failures for the
week were 235 In the United STAT =
against 2s4 last year, and 4S in Canada
against "a last year.