The times. [volume] (Richmond, Va.) 1890-1903, 1895-08-03
WEEKLY TRADE REVIEW
DESPITE THE MIDSUhMEK QUIET
PRICES ARR a SHADE HfGHER'
The working Forces Increased ana Ton
siderable Increase In Wages-S""'"
strikes of Importance.

NEW YORK. Aug. s.-K G. Dun %
Co. in their weekly review OF trade To-
morrow, viii say.
The wears business will be much AT
fected by the crops. and the most nope
f,l estimate fails far below fun yieiu'
except for corn.
Larger stocks than were Immediately
wanted have been taken BY traders a.
prices were advancing. ana these 'e""
10 limit future orders. The senerai
advance in many products also causes
reluctance 10 purchase. and the dist'o"-
ton Of the last half-year has been I'm part
10 make up for stocks and indlNid ua'
supplies depleted during two years ei
economy.
on the other hand. there has been enor-
nous increase in The working force, ana
4 considerable increase In wages psia,
which enables people TO buy more freely
Apprehension of monetary disturbance has
been quite pushed aside. stilNes VI
some Importance appear put 40 "os
threaten TO last long. though strike Oh
cosI-miners may break work for a time.
The prices prevailing In nearly all mar
kets may have its warrant. In spite OF
some shortage i'm crops. MI the lndicd-
tions show midsummer lassitude. FOR the
first time since the rise Of prices IN IRON
product began. there have peeh some
concessions TO retain business, ana enor1s
OF new works TO get orders tend TO check
the advance. In spite of this. the gen
cral average of prices is shade hisher.
bar-iron having risen relatively more
than mill-iron has declined.
The market for pig Is quiet, anu on
the whole. remarkably strong, Win the
prospect of increased output. finisheu
products are generally strong, win more
demand than can at present be met tor
plates and FOR bar.
Business in cotton goods has been the
largest in July for several years. Cor ac-
tual deliveries, but not large towards
the futures.
An advance OF IA cent has been
made. with a moderate demand for some
bleached and brown goods, and price.
are nrm for sheets and drills. while col
ored cottOns are quiet, with occasional
advances. The demand for mems wool
lens has been less active. with some dls-
appointment observable. while worsteds
have sold relatively better.
The failures for twenty-five days or
July have been smaller In liabilities man
a year ago. amounting 10 ~.Sy2,t-. OF
which s20l. S22 were Of manufacturing
and <5.seS,liS OF trading concerns.
Failures for the week have been 26l
I'm the United states. against 80 last
year. and y in Canada. against A. last
year.
BRADsrgRET's REPORT.
NEW YORK, Aug. 2.-Bradstreet's to-
morrow will say:
The week presents l:rgcr volume or
trade in many lines and at
many points than In weeks
before and one year ago. The
rush of orders for steel and iron leads
in interest. displaying remarkable
strength. Western manufacturers have
been Obliged TO purchase Eastern biliets
To meet their orders.
Less confidence is placed In last weeks
rumors of serious damage 10 the spring
wheat crop in Minnesota and the Da-
kotas. and another conspicuous feature
of the week Is the evidence OF reviving
confidence on the part OF Western and
Northwestern interior merchants, now
that the corn and spring crops
promise well This is shown plalnest
at Chicago. ST. Louis. Milwaukee, and
st. Paul, where order-demand and sales
have increased to striking ex-
tent.
At the South, general trade remains OF
as moderate volume as previously noted.
Nashville and Galveston reporting ma
terial gains. There is better outlook
and feeling at Charleston, but elsewhere
midsummer quiet rules. All the mills
are busy at Augusta. Delay In paying
the sugar bounty affects trade very un-
favorably I'm Louisiana.
At large Eastern centres, there are no
changes. beyond better demand IN lead
ing staple lines at Baltimore. New York.
and Boston. based on an improving In
terror demand for fall deliveries.
The general Industrial situation Is some
what improved. through The probable
success OF the New York tailors. the end
of the strikes of the Cleveland wire
drawers. continued frequent advances OF
wages, and starting up OF new manufac-
turing enterprises. and n further increase
in demand for leading manufactured sta
pies, notably in iron and steel. Az Chi
cago coke pig-iron manufacturers have
been refusing orders.
There are 2Zl failures In business reported
this week, as compared with 30 through
out the United states last week. 22D IN
the week one year ago. md 80 in the
corresponding week Of 1893. In the ike
week OF 1882 the total was Only i5J.