The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1895-12-07
The EBUSINESSOUTLO0K
Despite Present Business Shrlnkags Increase
In Failures Is Small.
EXCESSIVE PRODUCTION LOVERS PRICES 4
Larger Demand Looked ror.Afer the
IolidnSs-OpeninG of Congress
Does Not Materially AGect Busi.s
ncns-Fi,ree southern Cities ncposas
Larger Demand for staple q Q DDS. n:

New York, Dec. 6.-R. G.. Dun e. Co.
VIII say tomorrow in their weekly re-
View OF trade: sls y 5E8Ss5
With all the shrinkage in present
business and prices 1t Is encouragfngS
to find but small Increase in failures
Liabilities for four weeks OF Novenl-S
Der were $12,090.2 293, against S1O,5S1 ,S73s
,ast a year; 81 l:o 10 Misunderstanding liabilities
year, but trading liabilities only s672S, KS
VIZ. against s1,207,3G7 last year &. .Faii-s
ures In the United States for the week.
nave been 324, against 3S5 last year. ant Il
o. nm, In ,Sanada. against 40 last year ;Ss ;s
:, business is still sluggish, as IL gorgedS:
Dy excessive indulgence of the appetitet
Ior buying when prices were advancing -
~ nearly every branch stocks not yeta
distriDnted to consumers stand in the9
way or new orders, and competition ofg5
Il producing force largely exceeding the
present demand puts down prices, that :
decline Tetarding purchases yet more
After the holidays men look for d !
larger demand. Financial Influences
nave rot hinder and rarely has the&
opening of Il session of Congress Affect
ed business so little. liil5t5
Iron and It's products are lower, An-S
thraclte No. l at 13. plates at 15 and =
Dnrs at 1.3 cents, and Bessener $12 at y
valley mills, with bllets S1G.50. The,
average Of all quotations is SIS per cent.
pelow the highest point In September
but actual sales are frequently, made Il
below quotations. There Is more pres-sSSs
SURG TO sell Southern pig here tarida
some large. transactions have been made
ny concessions, while the small demand )
has broken the bnrbed wire combine q
tion, and the two nail and two bar asso-
Citations are now In session to consider
their policy Rails have not changed, ,9
while Bessemer pig has declined S5,f and q
billets Sc per ton and q purchase of 10, III
600 tons of San Francisco a from eng ~
4anasis notlced with q idtrabl lie irn5ss
portat1on OF Wire nails atSBcStpn,
Rratstreets .ReIoTf.
: New York, Dec 6.-Bradstreet's Is; to- II
morrow Will say: General trade contin4M
ues the features of the preceding Sweehs;
days smaller volume In tile /, most "
lines. business being conducted iconses
vatiVely. The activity is only among b
dealers In woollens, clothing, shoessM
and hardware, and new orders gefesEs
rally OF flling-in character The seas
son has evidently been late one, PROF.
orders until the Christmas demand S1
and the beiated autumn request came's
together. Notwithstanding. almostS
UNIFORM reports Of quiet and unchaugedqs
1t should be noticed that
Augusta, and Birmingsa a
ham at the South: Milwaukee, Kansas IS
City, and st. Louis at the West, prove Il
eHceptions to the rule. by reporting
gains In demand for Wholesale staple d
goods compared with the preceding "
week. 5j53{f-3M
: The falling off of 25 per cent inf.
bank olearinEs last week, Is more than59
offset by a total of S1.247.O00 clearings 4.
this week, 43 per cent more than last II
week, per cent more than In thee
first week of December 1894, and;
II per cent more than In 1898. 3
The course Of prices also shows a. IS
more favorable tendency-sugar, Indian "A
corn. and wheat showing advances.E
prices OF wheat, fiohr, pork, rye, and IS
tobacco being firm and unohanged,
while lower prices are furnished 6byys
oats, lard, coffee, cotton, print CLOTHS. s
petroleum. leather hides and lumber. e
coal, Southern pig iron, Bessemer6pt@s ~
iron. live hogs and live cattle. ss7ai
The foreign exchange market II has
heen firm at 4.Se for demand bills.S but
81, 100000 gold has been exported, $500, XIX
200 of the amount going to South AmeFiaaSSS
ca. }3sSSSasSs$s
Total failures In the United States
as reported to Bradstreet's this week
number 315, against 322 in the firstss
week of December. 1891; 3s3 in 1898 and
265 in 1892.