Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-03-16
BUSINESS INDICATIONS BETTER.
Farm Products Higher, Railrond
EARNINGS Greater. &c.

Farm PRODUCTS h1gneT, haiiro"u
Earnings Greater. &c.
NEW YORK, March l5.-Messrs. r. @.
Dun & Co.'S weekly review of trade to-
morrow will say:
Substantially all indications Of the state
of business are rather more favorable.
Farm products are a little higher, rail-
road earnings a shade better, clearing
house exchanges small percentage
larger. In comparison with two years
ago. than In February, and most or the
industries show a somewhat better front,
though their gain 1t not large. Inc
money markets continue undisturhxd, the
operations of the syndicate still prevent
exports OF gold. and Withdrawals from
the Treasury have, Of late, practically
ceased.
There Is not much enthusiasm about
the situation, however, because the gain
is slow, and business Is yet long way
from what was once considered pros
porous condition. Further. the gain Is,
in some cases, due to obviously temper
airy causes, and In some to causes which
do not make for prosperity.
The volume OF payments through clear
ing-houses for the week is 81 per cent
larger than last year. but 269 less than
In 1888.
Imports are just now running q little
smaller than I'm February. while tne 90
nestle exports for two weeks from New
York show a decrease, compared with
last year. Of II per cent.
Money is I'm better demand, the market
hardens as usual before April. and much
more commercial paper is offered, though
partly to meet large maturities this
month The West Is drawing from Its
balances here, and there have been con-
siderable sales OF stocks on foreign ac-
count. but not enough to disturb an ex-
change market, otherwise stagnant.
The output OF pig-iron March LIST was
15s.s79 tons, a decrease since February LIST
Of SAP tons weekly, and the increase OF
unsold stocks was g., 800 tons in February.
or bps weekly. Since January LIST the
weekly output has decreased ii. 4S5 tons,
and the accumulation Of unsold stocks
has been I25,5l5 tons.
Prices do not rise, however, and. ex-
cept at Chicago. there seems to be no
general increase OF demand. There i'm
provement is observed In nearly all parts
OF the industry. particularly In materials
for Observation-Disclosures works. and at
Pittsburg the demand for structural
forms continues large. But for the great
number OF new buildings that are Climb
ihS toWdAo kuc Shy oii W. 49,
try the condition Of the industry would
be much less favorable.
Bessemer pig Is weaker at P1ttsburg,
and while the demand for bar improves.
1t falls short Of the supply. Sheets are
active. and also wire-rods. without change
In price. At Philadelphia prices are not
firmer. nor 1t the demand larger. and re-
ports Of coming advance In coke and ore
do not stimulate buying.
The liabilities thus far reported In
failures for the first week OF March
amount to tl.6s3.052, against S,21622 last
year; in manufactures. N5.3s6. against
s973,570 last year. and In trading $ST, $50
against N.254.s3s last year. The final re-
turns for February make the aggregate
Nl,A4s7f. against 81. Ss4.67O last year.
The failures for the week have been
266 In the United States, against ga last
year. and 81 In Canada, against IS last
year.