The times. [volume] (Richmond, Va.) 1890-1903, 1895-03-09
BETIER FhELJSG IN IRADE.
Fears of Financial Disorders NO Longer
Retard Business.

Retard Business.
NEW YORK, March S.-R. q. DUN u
CO.'S weekly review Of trade to-moIro"
VIII say: ,,e
Confessional adjournment and proof
taat thougb the rate of exchange rises 10
and even above the shipping point, Soiu
1oes not 20 out, have produced a much
better feeling. Prices do not improve
and there is on the whole no gam put
some loss IN wages, while strikes OF lo'VOV
coal-miners near PittsburS ana seVerdI
thousand building workers here beslueS
strikes in ten or twelve textile and iron
refreshments further lessen purchasing
mower for the time. But anticipation OF
improved demand for goods Is general
and many are manufacturing and BUYING
h4vond present needs on the strength OF
if Fears of financial disorders no longer
rctard.
Three causes help the iron industry for
the time-expectation of another great
stike at coke works. reports that Besse-
rner lake ore Will advance, ana "A Hlou-
crate increase in demand for produclS'
Sales of Bessemer iron 10 three great
Pittsburg companies, SAID 10 dssIvsd'9
125. coo tons, protect them against the
change in ore, and the output OF COKE
over 10000 tons and shipments larger
than ever seem TO prepare Tor s'I'he
The increase in demand Is, on the whole
email much of IL due 10 new building
throughout the country and some 10 pet
fer orders for sheets and wire nails, while
wire rods and plates are in fair demand
but nrices have not advanced. Common
bar is a shade stronger at PlttsDurS' ana
finished products are less shaded at Phlla-
delphia. while at Chicago u better demand
is seen in most branches.
Strikes to resist reduction of wages IN
several textile works, and reductions el-
fected in some others, by no means con-
tradict the accounts that the mills are re-
coiving somewhat better orders
Prices OF goods are very low ana PRINT
cloths have fallen 10 IA cents pelow
any former record. The rise in cotton
helps the goods market this week, but IL
is not guaranteed to last.
Money markets have hardened some
what. and rather more commercial paper
Is offered, especially in dry goods
Liabilities of failures in February
amount TO S11 .2j0l2 against N7,SS,6O last
years., 6l9. 1872 being in manufacturing,
against So 1856 last year ard $5,S26,692 in
trading against $S,22O,2O7 last year.
Failures for the week have been 2Si In
the United States. against 2S last year,
and IS in Canada, against co lsst year.
BUSINESS IN THE SOUTH.
NEW YORK, March S.-Bradstreets to-
morrow viii say:
The general business situation shows
more Improvement. From several centers
this is declared to be due in part 10
the adjournment Of Congress, and 10
some extent to better weather. Gains are
shown in improved demand for lumber
and other building materials, and in re-
and steel, together with the absorption
Of available stocks Of Besseaer pig iron.
In the South Augusta cotton factories
have received a large number OF orders,
many for future delivery. and in almost
all directions jobbers report increased
sales of staple dry goods. hats, shoes,
millinery and hardware. Fine foreign
wooden goods continue 10 attract the spe-
cial attention heretofore reported, and are
competing successfully with correspond
ing grades. London wool sales report
moderately higher and stronger market.
Cotton goods generally are weaker, and
print cloths once more down 10 2 IL cents
for els
Jobbing at Charleston is more active,
and number OF merchants are north 10
obtain goods. Improvement is shown In
sales of shoes and clothing at Memphis,
and there is a better feeling in Louisiana
since the passage of the sugar bounty
act. Atlanta and Augusta report larger
sales OF hardware and dry goods. Trade
has been quite slow at Chattanooga and
Nashville, but me outlook is for improve
ment
AT Jacksonville ana Savannah business
is fair and collections moderately so. No
change is reported from Birmingham,
where collections continue slow. Calves
ton advices are that trade is not as good
as 4 week ago.