The times. [volume] (Richmond, Va.) 1890-1903, 1895-08-24
CONDITION or BUSINESS.
General southern Trade Waiting for
Cotton to Move.

Cotton to Move.
NEW YORK. Aug. 9.-R. G.. Dun
CO.. i'm their Weekly Review OF Trade
will say:
The volume Of business shrinks, as is
natural In August, and the shrlhhase
seems rather larger than usual, because
transactions I'm July were somewhat IN
fiatcd for that month.
The settlement OF wages i'm the window
glass works TO- shadows higher prices,
and the carpet workers at philadelphia,
by proposing 10 accept higher wages al
ter september 10Th, broke the ranks OF
the employers. so that nearly all con-
scnted 90 an advance OF ~ per cent. on
Thursday.
The strikes OF clothing workers pro-
gress every day toward better wages 10
tie workers
The price of wheat has fallen 81 cents
during the week, recovering iraction
ON Thursday, I'm spite Of all eHorts 10
hold back supplies from farm ana 10
encourage buying Wheat ought 10 30
abroad freely at present prices, bul ~
lautic exports. Hour included nave Vnis
been 80 T2 bushels for the week, abdihSl
2NJ47h4 last year. and for four weeks ohiy
43s.632 bushels, against 1871 Hi last yea;
Impressive stories Of short crops ABROAD
have little weight IN the presence OF such
a record. ana the abstentiOn OF foreign
pfir.hasers proves more effective thdn
The Withholding Of wheat By western
farmers Naturally the 0l-cent Wneat OF
the Pacific coast stlll goes fOf"diu lIeeiy
iu place OF Atlantic supplies.
Corn has also declined II cents WINE
pork and lard. with accustomed llcoh-
sistency rise a shade as corn utcllnts.
Cotton has advanced a fraction To- S'.'',
y.ithout any definite change i'm crop pros
narfs and as usual the immense volume
of stocks carried over in mills IN COM
mcrcial hands here and abroad, Apou.
10000 bales of American, Is by most
traders not appreciated. t
N"..H a
dustries I'm which the enormous orneiS
uiaced some weeks or months ago caused
phenomenal activity for the season.
IRON ADVANCES.
I'm iron. notwithstanding some uneasi-
ness. because the output having recently
decreased, heavy purchases by Two letu-
iug companies have advanced the price
of Bessemer 80 cents, and new comDlha-
TON has ral sed galvanized Ddrhcd wire
10 SlS. while cOmbinat ems are peih5
formed in wire rods ana common WIRE
and advance in prices Is expected. Othtf
prices are unchanged, and the new orders
for iron and steel products are not AZ
In boots and shoes the shipments on
old orders again exceed those or any pre-
yious wear for the month thus FAR, ana
yet I'm almost every branch the new
orders are very scanty, although priyes
OF boots and shoes, of leather, ana also
hides. are very firmly mantalneh.
Ia cotton goods trade Is rather more
active as the price OF the raw matetldi
advances but otherwise the business mas
not materially changed, and the quota
ton for print cloths Is a shade lower tii's
week. Sales of wool are again stuatier
than i'm 1872 but the speculative puyel'
stll hold prices very stiiily. anu are SUI
ported by the strength IN iorvish mar
30 marked change appears in demand
for woollen goods, but there Is lncIed5ins
apprchensons shown by agents I'sai s's itl"s
the extensive sales Of foreign wcoHehs
Failures for the week have been - IN
the United States, against 234 last year,
and 43 in Canada. against 80 last year.
DrADsTEEEI's.
NEW YORK. Aug. 23.-Bradstreets to-
morrow will say.
The volume OF general trade through
out the East, South, southwest, ana on
the Pacific coast is no longer IN volume.
i'm fact, at several southern and eastern
centres rather more quiet Is reported
The price of cotton is up again on
further reports OF damage To the crop.
4 dispatch from Dallas 10 Brddstreets
SAYS. The North Texas cotton crop VIII
be later than last year. and ~ per cenl.
smaller In yield. The price Is now about
two cents higher than year ago, ana
cotton goods, notably gngha IS, nave
been marked up IN sympathy.
Not only have Bessemer pig ana iorge
irons been advanced in price again this
week. but so have steel billets and bdrDed
wire wire nails. and wire rods;
Loaf tobacco too tend upwards Among
stables which have remained firm are
wool lumter, copper. coal. and leather.
Petroleum tends downward, and eight
food products flour, wheat. corn, oats.
pork lark sugar and coffee, present lower
quotations. The outlook for oats would
suggest moderate prices as would that for
corn and hence for cattle, pork, and
lard. Sugar j. arbitrarily marked down.
but why wheat should go on, In view or
accepted estimates OF short supplies az
home and abroad, is not 10 clear
AT the South grocery. hardware, and
dry goods jobbers are relatively most ac-
I've
General trade is as favorable as any
where else south In the Carolinas and
Georgia.
The Louisiana rice crop. IL Is estimated,
will amount TO 10000 bags. Needed rains
have fallen in South Carolina. General
trade al the South Is practically waiting
until the cotton begins 10 move
ON the Pacific coast business is not
particularly active. The Oregon, as well
as the California wheat crop IL short.