The times. [volume] (Richmond, Va.) 1890-1903, 1895-09-21
FURTHER IMPROVEMENT
THROUGHOUT THE UNITED STATES
IN GENERAL TRIDE.
Surprising Increase in Production and Al.
vance in Prices of Iron-Cotton thset-
tled-Wheat Conditions.
radstreet's to-

NEW YORK, Sept. 0.-Bradstreets to-
morrow Will say.
General trade throughout the tHiteo
States shows further improvement IN
this, the second week OF September more
particularly In commercial lines, and at
the East and South. From central West
ern and some Western Substantially,
Iowa-there are advices that purchases
of seasonable goods have been checked
this week. because Of nigh temperature
Throughout tie region specified.
In support OF favorable Influencing con-
ditions are this weeks heavliy-ihcieased
total Of bank collections, the laI-est
weeks aggrtgate Of wheat exports Win
in three months, the heaviest week
shipments Of Indian corn withlh seventeen
months. the maintenance OK iui piopoi-
lions OF the extraordinarily heaNy ne-
mand for iron ana steel, and the signiil-
cant hardening Of leading money mar
kets. accompanied by reports Oh h'ef
ing mercantile discounts.
Among special trade features OF the
week are the increased demand for nm
ished forms Of iron and steel, following
the check IN the demand for crude III
creased activity among manufacturers Oh
clothing and chepp'r grades OF JeNtltS'
and an enlarged demand for dry goous'
hardware. clothing. and shoes, at the
West. particularly Chicago and St'L0us'
II has also been noted that tnefe Is
prospect that whisky production VIII
be curtailed. the demand Tor SHOES among
manufacturers Is slower In starting up
than expected. and the season Tor
light-veight domestic woods. has been
only from one-third 70 one-haii an aH-
erage. owing to the low prices asked Tor
European products.
Agents are expecting 10 per cent. al
vance on spring samples OF imported
plain woolens, and . per cent ad-
vance for mohairs.
Savannah. Jacksonville, and Birming-
ham, at the South report visible I'M
provement IN trade. and as expected, At
lanta and Chattanooga, locally.
The total number OF business failures
throughout the United states reported 20
Bradstreet's this week is rs against 20
last week. and as compared WIN 20 u,
the week a year ago. In the seconu
week OF September 1873 the 'o'di W.
Sie. and in the year previous 10 'Na'
was ia.
T. @. DuN 20.
r. G. Dunn & Co. IN their Weekly re
view Of Trade tomorrow VIII say.
Movements Of exchange ana OF E""'
have somewhat affected all markets
this week
Exchange has fallen. though not be-
cause commercial bills have greatly IN
creased. and exports of specie, though
diminished viii reach about s.
il is confidently believed that the Inter
national syndicate viii allow no hnahcial
disorder and many are certain that an
issue of bonds will come.
But the root Of the difficulty is not re-
movable by bankers. namely. That mer-
chandise exports disappoint the govern
ment and the syndicate falling 70 meet
the cost of merchandise imported ana
leaving a heavy balance by Sl9'2s2'i9 ana
let reports Of gold Sl5,l5s.Is2. A small
cotton crop with large stocks held
abroad a slender demand for Atlantic
wheat with Russian arriving in London
~ large quantities and merchadise
exports and imports al Now YORK
- per cent. larger than last
year i'm September. thus far
scarcely promise speedy change The
volume Of domestic trade measured by
exchanges is p per cent. greater than
last year, but 9.S per cent less than IN
1872. Is not quite As near she record or
full prosperity FOR September, as for
August and July.
In spite Of gold exports wheat ad-
vanccd for some day IN all nearly cents.
Corn rose and fell in sympathy with
wheat with a little reason. Western
wheat receipts for three weeks OF Septem-
Der have been l6.7sl. GO bushels against
il. lsl so last year. while Atlantic exports
Of -four included, have been 3sil ,69i BUSH
els against 762i ,sss last year.
WHEAT AND COTTON.
ness OF flour in Minnesota and large eX-
ports Of corn nom this country all work
against rise in wheat, though scarcity
Of contract grades may help q speculative
advance.
The cotton market lifting and falling a
fraction each day alternately shows no
settled tendency, big stocks balancing
an undoubtcd. but as yet not definite,
decrease in yield.
Tho surprising increase in production
and advance in prices Of iron seems To
! be bringing natural check as prices have
| gone 50 high as 10 cause some purchases
from Europe both of pig and finished
products and have also caused a district
| shrinkage ia home demand.
The cotton mills which laid in stocks of
cotton below ) cents are enriched by
] the advance In material and enabled 10
make frequent advances IN goods, which
| arc sustained.
The present demand is DUH, but there
| are no reports Of stoppage and the
threatened strike at FAN River does not
come.
The wooden manufacture IS doing wen
in dress goods and hosiery. but the de-
mand for mems wollens is much restrict
cd, and a few mills have closed.
Commercial failures for two weeks
Of the month were $4,l54.2Z7, this year
against S2SGI.l6! last year. and S go Si3
Tor the same weeks in 1898.
This year I.7Z3l4O We're OF manufac-
turing concerns against $969,7l6 last year,
and S2.3li.5SS OF trading concerns against
S,769,gis last year.
IOOI-B4II n CORNELL.