The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1895-11-30
IT Has NOT IMPROVED
Is What the Mercantile Agencies of Dun and
BradstreetS Say OF Business.
A sHRlagAGE OF PRICES REPORTED.
Exports Show IL Little Gain for the
Week Not Much Change In Com.
mercinl Lonns-Gemcral Trade l,e.
MINING Unchanged at tho South
Dry Goods Are esutetes.


Dry Goods Arc eauietcs.
New York, Nov. 29.--R CT. Dun &
Co. VIII say tomorrow in their weekly
review Of the trade: ",The failures for
four weeks OF November have been
manufacturing and S4,555949 OF trud-
ing, concerns. During, the past week
IS. 1883. Of which STATS, O30 were OF
failures have been 279 in the United
states. against 80 last year and AZ In
Canada, against SO last year.
business has not improved though
there Is very little change except shrn.
kage OF prices, which a. period of mac
ton naturally causes. Retail stocks
are Still reported full in nC&rly all
branches, with delayed distribution in
many on account of the unf;tvor;Lbly
weather The movement of crops Is
only fair. both cotton and wheat being
largely kept back in the hope of highc.
prices, and there is II prevalent feel
ing that foreign imports will fall Off
Exports show Il little gain for the week.
although the small out-go Of cotton Is
still 4 threatening fact AZ respects for
eiSn exchange. There is not much
change in commercial loans.
"a sharp decline is noted in barbed
wire, attributed to the failure to cons
plete an expected combination. The
bar association .ard the two nail asso-
Citations refuse TO reduce prices of their
products. although the demand has
been surprisingly reduced since the
great advance two or three months ago,
and there were rumors in tile market
that one Of the b!S combinations had
gone to pieces because OF underseli-
Ink by members. The coke combination
oblidse 10 reduce its output 10 five
days in the week, so that decline of
1850 tons for the week is recorded"
Whit Brndstrcct Has to shy
The volume OF general trade shows a
falling off compared with the preced-
ing week, largely owing to the inter
vention Of the Thanksgiving holiday
but In part 70 the continued effect of
mild weather East and South, storms
in the central West, and the usual dis
inclination of buyers to add 10 stocks
during the closing month of the year.
Western jobbers report activity no
tiCeuble in clothing. woollen goods, rub
bers, shoes. and holiday .E,'Ctalties,
with some increased demand for coal
and light hardware.
General trade remains unchanged at
the South, with mercantile collections
IN some instances improving, the ton
dcncy Of cotton to move slowly, and the
movement Of merchandise smaller than
in October Texas merchants report
Il fair movement of notions and fancy
goods, but acknowledge TO distribution
OF groceries and dry goods
There are 2SS businea failures report
ed IN the United States this week
q noticeable falling off from the total
one week ago. S23, and even when COM
pared with the total one year ago, 307
The most striking Industrial feature
is the continued reaction In prices In
iron and steel, ResSemel' pig being Off
- cents and steel biIletS frRctlonally
lower. with reactions in prices for wire,
sheets and other forms. There is little
likelihood OF an Increased demand or
Il reversal OF the price movement prior
to the middle of Jnnury. There is an
improved demand for boots and shoes
at Baltimore, Chicago and ST. Louis.
as we'll as at some New England manu-
Featuring centrea. while al PhilaGel-
phia the demand Is not so conspicuous
as previously. Dry goods are quieter
with the continued unseasonaGly mild
weather, and the revival OF the holt
day trade. The strength OF cotton
maintains the price of cotton goods
Stock speculation at New York is
waiting FOR the meeting of Congress
and for the beginning OF the agitation
over the currency. which is considered
probable 1T this session.
Bank clearings throughout the United
States amounted to $3.50. 600. 900 this.
week and reflect rather more than the
customary falling off Incidental to
compared with the preceding week
amounting To 23 per cent.
The general tendency of prices OF
staples continues III line @ith that
shown in TWO or three preceding weeks
IL clear majority of these usually quoted
showing decreases as compared with
the week before, notably various forms
Of steel and iron, including wire, hides;
live stock, wheat flour. Indian corn
oats. pork. lard. coffee, petroleum and
print cloths. Practically unchanged
quotations are announced for lumber.
coal, leather. naval stores. leaf tobacco
advances appear to be confined to
wheat. Il cent II bushel: cotton. IA
cent pound. and some OF the cheaper
grades of paper stock frationally.