The times. [volume] (Richmond, Va.) 1890-1903, 1895-07-06
WEEKLY TRfDE RETTEW.
Business Failures Continue to Decrease
Everywhere.


morrow will say:
There are 16 business failures through
out the United States this week. as COM
pared with 2l5 last week; 1Ci In the first
week OF July, 1894, 3l9 in 1892 and l52 IN
the like week OF 1892.
Total business failures in the Dominion
of Canada number % this week. against
% last week; 30 in the same week one
year ego, and 26 two years ago.
Notwithstd dndng the week Is broken BY
hoEoay, favoiat lie trade ccEoititns mere
tCsore rtTtr rted continue TO exercise pro-
nounced infueT ce. prominent generally
in advance in prices of samples and ~
the wages OF industrial employ Is.
The extent of the voluntary advs noes In
wages reported within month or TWO
has Cutgrown the resources OF voluntary
statistical burts US which have endeavor-
ed to keen track of them, latest adNices
being that more than I,OOOV industrial
workers have received an advance aver
aging about 10 per cent.
The upward tendency IN prrcs, Whlle
not as marked as a month ago, Is sun
striking, because OF additional advances,
those of lumber, tin plate. and PRINT
cloths being new.
Cotton goods are firm generally on the
late advance in raw cotton, although some
varieties are quite the midsummer set
sons Prints are active for fall delseIy.
Wool. which was late in starting IN the
race for higher quotations. is quoted AT
lean and Australian varieties.
IyrRYTHNG Gofs Up.
Prices at London sales are up 10 10
II roints. which, having been more than
discounted here, induces the 'rade 10
artiCiI ate reaction, unless LONDON f"V-
tatiCns advance further. cotton also -
higher as Is leather, following Whloh
we have a repetition Of the announce
ment made each week Tor more thdu
a month, that quotations tor pis "yn g
and steel billets have advanced. 10
this must be added similar btdtehViN
In respect to bar iron.
Among the list of staples for whlch
prices are lower are fiour, wheat, 'oln,
and oats, in az instances Inc o9,,io,ii ou,vo,to
nf reDorts OF changed crop conditions.
Pork and lards are also lower, az az
potatoes and butter. ,
No material improvement Is Iepoius
from the South, rains continuing ~ bS
damaging 10 agricultural Interests "".,
N check business in Texas, Whiie ~
Soufh Atlantic and Gulf states cites
Tho nuiet movement Of staple GOODS di.V
fair or unsatisfactory collectioHs 10, ut
past month or two continues. but ~
Wees from nearly all cities reported "p-
near 10 agree that wholesale uealers ~
an lines are greatly ENCOURAGED aS ~
fhe outlook Of business during Tue ~, M
tumn. believing that the ll'i aeinanu WI WI
oraf and as it is now believed, perIna-
nent Improvement in prices.
DrrN's FAVORABLE REVIEW.
NEW YORK, July 5.--R. G. Dun
cos Weekly review oil Ifaue 'o-l'O'-
rGM TbeTe Te'' wers err e057 commercial failures in
the first half of 1888. agllnst ''VS, III az. ~.
iirst half of 1891, ana 6'4ol III inc n's'
These commercial failures involved la
hiIitics of SSs. .s39 94i his year. asdins'
sl0l. .13g S0s last year, ani sl0Seoi ia III to,o.
The details show a decseasS ',sr,,,S, osr,S
class of failures in the second compared
with the first quarter OF $3.50. bOtn III
number and magnitude. the deiauirhs
iiShuities averaging Si, agal lst $J' ior
every firm in business. ana so.yt as"i''S'
Sio2 for every 81, ,U0J solvent pdyWtIi..
The midsummer reports from all COM
merc.al centres are OF especlal me -
covering the questions on winch tnc IL
ture business depends. Iney Aiuir"te uiH-
tinctlv better crop prospects thdh 'I.H'.
nf these commercial accounts, a Hl9iheu
Increase in retail distribution OF plo"uStS'
an active demand for goods. ana gen
eral enlargement OF the Worhihs eioiVe'
With some advance in the wages OF more
than half a million hands. Al the same
ftmc tney show that the RAPID advance
i'm prices has sC4lewhat checked Di}lhe
Of few classes or products. IN ever
part OF the country tne OUTLOOK lOI al
trade is considered better
Nothing disturbs the money market
The Government begins the ilscal year
with more than the regular sOid IestlNc'
and the disbursement OF nearly %,y9'Vyv
by corporations in interests and DIVIDENDS
will stimulate business in many branches.
The advance In iron continues. and
the Thomas Company has raised anthra-
cite No ! 81 per ton.
Comparison prices for various iron
products shows an advance ranging from
~ 2 per cent since February for wire
nails and in all kinds averaging = per
cent.
The demand and rise have come so
suddenly that, even while the nfsl order
for shipment OF steel bilets TO Europe.
given some time ago when prices were
low. is being announced. the prices here
has advanced from $l7 in April to S22.25,
or about 81 per cent.