The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1895-08-03
WEEKLY REVIEW OF TRADE
What Dun and BradStreet's Have
to Say on the Subject,
The General Advance in Many Pro.
ducts Causes Reluctance to Pur-
chase. On the Other Hand
There Has Been An In.
crease in Wages.
By Southern Associate F, Press.

Df SouiuoEu hHsUClAte lr6a9.
New YORK, August 2.-R. q Dunn
n Cos. weekly review OF trado to-mor.
row will say The years business will
be much affected by the crops and the
most hopeful estimate falls below "A full
yield, except for coru. Larger stocks
than were Immediately wanted have
been taken by traders as prices were
advancing, aud these tend to limit
future orders. The general advance
in many products also causes reluctance
to purchase, and the distrIbution OF
the past half year has been III part to
make up for stocks aud individual SUD
plies depleted during two years Of
economy.
On the other hand, there haa been
enormous increase in the working
force and considerable increase IN
wages, which enables people to buy
more freely. Apprehension Of none
tary disturbance hns been quite pushed
inside. Strikes Of some importance ap.
pear, but do not yet threaten to last
long. though a strike of coal miners
for q time may Affect this trade exten g.
sivoly.
All the indications show midsummer
lasSitude. For the first time since the
rise Ill prices Of iron products began
there have been some concessions to
retain business
The market for pig is quiet, and on
the whole remarkably strong, with the
prospect OF increased output. Finished
products are generally stroug, with
more demand than can st present be
met for plates aud for bar. Business
ia cotton goods has been the largest III
july Tor several years, reckoning de-
liverios, but not large as to new orders.
A further advance of upe-quarter cent
por yard has been made with some
bleaching and brown gnnds aud prices
are firm for sheets and drills, while
colored cottons are quiet. with occa
sioual advances.
The demand for moro woolens has
been loss active, with some disaupuint
ment observable.
The failures for twenty five days OF
Jnly have been smaller in liabllit,es
than yenr ago, amounting to ;:S, 302, 8.
725, of which S2.04l, ,s22 were OF manu-
featuring aud So, G65. 5G3 Of trading
concerns, while the liabilities laet wear
were S9,Ol6. T1S. of which 81, 800, 520
were OF manufacturing and 81, ,UJl
OF trading concerns. Failures for the
week have beeu 2Gl in the United
States. against $50 last year aud IS iu
Canada, against 4 last year.
NEw YORK, August 2.-Bradstreet's
tomorrow Will say:
The week presents n large volume Of
trade III many lines. The rush OF
orders for steel and iron leads In IN
terest, displaying remarkable strength.
western manufacturers have been
Obliged TO purchase eastern hIlets to
meet their orders. Less confidence is
placed III last weeks rumors of serious
damage 10 spring wheat crop in Min
nesoth aud the Dakotas, ana another
conspicuous feature OF the week is ths
evidence al reviying confidence on the
part OF Western and Northwestern in
terror merchants now that the corn
ana spring wheht crops promise WELL
L his 10 shown piainest at Chicago,
st. Louis. milwaukee, and ST. Paul.
where order demand and sales to buy
ers In person have increased To strik-
ing extent. AT the South general trade
remains as good as previously noted
Nashville and Galveston reporting
material gains. There Is a better ont
look and feeling at Charleston, but
elsewhere midsummer quiet rules.
All the mills are bnsy at Augusta.
N''' 80 f-J % 'AC suBal DIuJlS el'
iects trade very unfavorably IN Louis
lana. At inrgG Eastern centers there
are no changes beyond better demand
In leedlng staple lines, based on i'm
proving interior demand for fall etocks.
ihere are 221 failures in business re-
ported to Bradstreet this week, as com.
pared with 80 throughout the United
States last week, 220 in the week one
year ago aud 459 in the corresponding
week OF 1893. ln the like week OF lS9 J
the total was only l5j.