The times. [volume] (Richmond, Va.) 1890-1903, 1895-02-02

Rapid Withdrawals OF Gold Hav" De-
pfeA.ag hec'.

NEW YORK, Feb. l.-Bradstreets to-
morrow will say:
SpecIal kilograms TO Bradstreets from
many of the more important points OF
distribution throughout the country make
IL plain that the uncertainty as 10 the
outcome OF the financial situation based
on the rapid Withdrawals OF gold from
the Treasury. has had depressing eHect
on trade. Mercantile collections, at the
best. arc characterized as fairly satisfac-
tory, but in most instances arc slower
than usual at this season. This is en-
phasized by the fact that Baltimore Jop-
beers are waiting the results OF sending
out bills for last falls business before oe-
termining as 10 credits TO be granted.
In textiles, there rs little change OF
prospect OF early Improvement. Generai
lines of fancy printed fabrics are going
from jobbers' hands fairly well ana PRINT
cloths are a shade better than week
ago Every eastern city reporting specl-
flies a moderate volume OF DUST
ness, or that general trade is quiet Win
q hand-to-mouth demand. Providence re-
ports fair outlook for wooden goods
manufacturers and jewellers. but the only
line In Philadelphia reporting any INC
activity is dry goods.
Al Pittsburg there is announcements
because of the outlook for iron ana steel
Al the South a better distribution OF
shoes. clothing, rubber goods, dry soodS
and groceries Is sufficiently conspicuous
at Chattanooga and Galveston 10 inai
trade at those points an exception "
the rule throughout the South Atiahtic
ana Gulf States. The movement OF hdru-
ware and dry goods from Ne" vi lea'Is
has increased but trade IN SeHerai Is Vi
sl..ya
only moderate proportions
TRIPLE CIFElFUL,
NEW YORK. Feb. 1.-R. G. Dun &
CO. weekly review of trade tomorrow
Will say.
Things look better near the close OF
ms week. because II IS believed that
now loan Will be negotiated. There was
need for relief, since january T. losed with
tnc heaviest Withdrawals OF gold from
the Treasury, S43 46S.lOS. the hope of u
new loan being the one thing which mas
lifted prices during the past Re" days
January leaves behind It the lowest aver
age OF prices for all commodities ever
known; for cotton, iron and Its products
wool and silver the lowest monthly aver
are ever known. and for wheat d range
at'>ye the minimum. bat yet declining
rap,dly toward that point Industrial
operations have not materially umlhIsh-
cd though it has been disappointing
month because the general revival eN-
pccted has not come.
The continuing drift OF money TO Ne"
York shows scanty commercial demand
I'm the interior. and no Improvement ap-
pears here in commercial loans. In snort
buslness is still waiting. and finds reason
for he station In the condition OF the
Treasury Iron and steel look less en-
couraging at the East. and the demand
Is dlslp, ointne. although prices are not
weaker. At Pittsburg and the West q
larger demand appears. particularly lot
wire and wire nails, which DO not chdnBe
iu pr'ce as vet, while Bessemer iron Is
25c. hicner. billcts a little stronger, ana
nav forge Ia. lower. The structural de-
mand is good. but prices are shade
lower. and. while the market for par
has been unusually good prices 40 not
live. Considerable contracts Tor cast
p,pe have been taken or are pending Dut
i'm the aggregate the new business since
January 1st has not answered eNpecta-
lions. Textile manufactures cannot score
Improvement for the week, for though
nrtnt cloths have advanced shade. the
demand for other cotton goods is only
moderate and prices are unusually lrreSu-
Ter.
FAILURES FOR THE MONTH.
Failures during the month of January
TON han