The times. [volume] (Richmond, Va.) 1890-1903, 1895-02-16
As YEr 40 TMpMOyEMEN'.
The Bad Weather Eve .ywhere Unfavorao =
to II ade.

NEW YORK, Feb. 15.-Bradsireets To-
morrow February 18th will say:
Milder and pleasanter weather loio"
ing the severe storms and extremely ~"
temperature. has. with few eAcep,'ois'
failed TO stimulate orders for seasonaDie
goods, or the distrbutive movement gen,
orally. The exceptions include reViVal
CT demand in a few lines at Boston ana
New York. and in drugs. leather ana
paper at Philadelphia, and in geherai
merchandise at Savannah ana Jdchsoh-
vile. the only southern cities reporting
trade better and mercantile colecuons
good. At the West there ere improved
sales by Chicago jobbers. in dry soous'
furnishings, shoes and rubbers, ana ran
sas city announces larger volume ol
spring business. Demands for staples nave
increased at Milwaukee and at ST. PAU,
pointing TO small stocks held by country
dealers. Elsewhere general trade remains
al low ebb.
Mercantile collections South and west
with few exceptions. are slow anu III"
satisfactory. Southern merchants ana
manufacturers, In some instances d.c
making greater efforts TO collect amounts
due than to sell goods As one conse-
qucncc OF the recent extreme cola Wedth-
er. trade at Augusta has fallen OH "
marked az gree. as At Birmingham 'ha'-
tanoCga, Atlanta and New Orleans n'eI-
chants az the latter point finding an uh-
favorable influence. also. In the stopPdsc
OF payments OF sugar bCuntles' "oru
comes from Texas that snow throus"ou.
that State has checked the volume VI
trade IN all directions.
NEW YORK. Feb. 15-R. q. Dun *
Co.'S Weekly Review OF Trade to-Hor-
row will say:
Another weeks exports Of gold and
.f4 IL.
been almost entirely stopped by me con-
tract Tor purchases Of god from Mtssr
Belmont x Morgan. Though lts GetaHS
only became public THURSDAY, an were
quite sharply criticised by many tne
fact should not be forgotten that 'he
rate Of exchange was IN iact co.'t' olcn,
gold was actually started h-th' I"d'u
from Europe and there was entirely ar
rested. at least thus far the oulWdiu
movement which had etmeu WIN
forty-eieht hours OF empty nS the Iiea5-
ury. Close critic sm Of thiLs IS uohe al
such "A stress comes later. For the mo
ment business only watts 10 know "helh-
or sales OF American 8 en- les ana IN
drawals OF gold from the TT. asIlE ave
been lastrgly stop ed by the r'htr n"
bic increase o. confidence. lie reNlEiHS
confidence has not only pic'ehltu WIN
Grawals Of gold by Amr cans II IN
main. but sales If American secuil' eS ~
foreigners have been neary if not quite
balanced by purchases.
The TWO obstacles which bl OK me pain
Just now are exec III, g cheaIntss Of ID III
products and restricted operations IN the
industries Restricted purchases hy the
West and South natura ~ result Inc out
put of pig iron February lst was 1911
tons. against lGS.ff weekly. Januar|
1st but the stocks remaining ~ s)-d "er
1903 tons. against CESS January 1t
This indicates a decrease Ci 10 I5i lo"s
actual consumpt OF weekly, DUNG
month Of January. Tho severe storms III
February have further curtaiied pro-
duction. Sales Of steel Ia Is were only
10000 tons In January. and the weather
has arrested structural work AMI re-
tarded deliveries Of all kinds. But there
appears "A better inquiry for some flashed
products. especially in wire, W re RODS
nails. and barb wire, the bus ness Is
cncouraging Pig iron is unchanged III
price here and at the West, though n2rth-
ern sales are pressed, and The q mana
for bar iron is about the sam Con
tinued dullnees IS report ad In cot ons' ana
a reduction of prices y the An 7tt az
Mills causes some hes tGtion. IN the
main. the works are well emp DYED but
with extremely scanty Profits and con
be found for accommodating stocks OF some
goods.
The money market shows tendency
TO strengthen. and somewhat lar-er Of
ferings OF commercial paper pear.
though not in proportion 10 the re o'tel
activity Of mills Doubtless many are
working only short tine, but an I'M
provement is encouraging. some What
closer market is expected as result o!
the bond transactions.
The failures Tor the first week Of FEB
iuarv show liabilities Of OILY 2,SO9 $50 OF
which $40 3iS were Of manuf Ictl rms ana
T.g3iS9I Of trading concerns. The maj
rcp3rt for January hows an aggregate or
Sl5. 627. $50 against $29.8i}02S last year
SyG322gS were of manuidctur nS con
Germs this year against $ll.JSJ.d3 last
wear. while sll So i.l0j were Cf trading con-
Germs against Sl7,23'.-s7 last year.
Failures for the week were 20 m the
rnifnd States. against 32} last year, and
Il i'm Canada, against 80 last year.
--t