The times. [volume] (Richmond, Va.) 1890-1903, 1896-08-29
WEEKLY TRADE REVIEW
THE VOLUME OF BUSINESS mas MOI
INCREASED.
The Importation Of Gold Helps TO Relieve
the strain i'm New York--Increase In
Failures over Last Year.

Ni@N iOhhf aug -ofT hA"N'Nf'N ~
morrow will say
The volume o. general business has
not increased within the week. ENcep-
lions appear TO be az Baltimore. Louis.
vile. and Kansas city. which send out
more favorable reports as to quantities
OF general merchandise sold than any
other centres. Early movement OF crops
is said to be behind the increased orders.
Another encouraging influence is found
in lower rates for foreign exchange the
mo jsment OF 100000 OF sold IRON
abroad TO tho United states, and the
expression OF opinion thai not less Than
s25.OoO,00O in gold is 10 be imported IN
the near future.
Conspicuous among checks 10 trade are
greatly increased nrmness for money at
nearly all financial centres. As az New
York banks. almost all larger cities re-
port withdrawals OF deposits, IN many
instances by country banks, higher rates
for call loans. and al some points me
practical refusal 10 make time loans.
Regular rates OF discount are no higher
at pittsburg Baltimore. Atlanta, LOUIS
Vile. Nashville, Omaha, aud Kansas
CITY. iNN Oily it-hliA lnNi't' ~ ~
ing accommodated. Rates az New York,
Boston. Providence, Buffalo, Chicago, 81.
Louis. Detroit, ST. Paul. Minneapolis.
Duluth. and Charleston are all higher
with regular customers receiving better
than published rates. The demand for
funds TO move cotton at the South and
Southwest. and wheat al the West and
Northwest, with the tying up In a spec
ulative deal of several millions belonging
10 Chicago banks. intensihes the relative
difficulty in securing funds. JobDers and
Manufacturers report 10 increase IN de-
mand for stable merchandise. The ten
dency OF the former is 10 let the hitter
carry stocks. and OF the latter 10 cut
down production until scarcity COM
pels freer purchases by wholesalers.
Trade opinion is that little gain In bus!-
ness need be expected until after oec-
ton. Merchants in regions where cotton
and new wheat arc moving freely are
somewhat more hopeful 80 t. prospects.
Bank clearing totals continue 10 range
al low levels. the aggregate Tor SIX pual-
ness days. ending August 2lth, being VIZ
UtU.O00 nearly per cent. less than iast
week. aud - per cent. less than IN the
fourth week OF August. 1925.
me record OF this weeks business Iaii-
ures IN the United States show a large
increase over last week. $40 compared with
"a. a gain Of 81. Compared with the
week a year ago. Increase Is lD. mo
general tendency OF prices or staples con-
tinues downward, exceptions being adj
vanccs for print cloths. wheat sugar.
and anthracite coal.
X. G.. DIN & 60.
NEW YORK. August A.-N' ~ Duii @
go. VIII say tomorrow in their weekly
review OF trade; ..o
.otures tor no week have been -
g., ,,o ,ntfed states against III last
year. and % IN Canada, against y '"s'
year. ,,ro not
,aon issued. but instead, gold Is coming
n,tner largely on tue swifiest r''"'i''''
-. slo o00 Goo being already on the way
,,,ro. lending rates lring II, hotMitn-
s,srdinr foreign events whlch u's'"'"
or,or markets and growing conhaen'o
a, ,ne monetary future or ihe V'""-'
-. ,rne strlukage of mcrchahdiHe IT.
"-'l-' , tba inrtcaec OF exports also
~ ,.rese TENDENCIES all helped 10 ies-
~ a.. .trotr, Liabilities IN falihIeS ~
49, ,,..o,,s ending August -l'n' "ei
W. ga ooc ZIONIST ss5's.566 last year. $50
s -,cs,,o IN 1884. Tho stoppase o, ~,
80 uuenes & Co. TINS W.
- not included in those hsni a.,
- -.o,,,oe OF works coniin''' 49,.
n' I'm, other iron concerns v'0
cluuui- e.nol plant ~ llammon1 M, ~.
h"'v,. ,.,esiae nail v 0rSs NleI''
anu W 80 the rim Plate Assoeia'lvn
~ tr,,n inability Of raly ''''D an
suns ICING wages denani'' a"' ".
80 V" lie followed by me s'pi
pl other iron works ar" s',.''e
t,,,Ia new business ana t"''' -,
, doinr that quotations are
.t,,I crev forge has sold TOT -,
r,l,.-i,,ro, Int a. IL said that speo"'l'''.
80, smounting 10 10000 TONS u
~. 80 relieved tho Chicago ha'N't'
~ ,'ii,.t pool I'm session at ericsson
-, v,s expected TO cnahse Us 49,.
ard ~ rriccs on open heafth $50 "a :
"roauction At ConncllsFihe o.o' 'anou 49,.
too IONS last week, further neel'107 W.
"a 4ntbracite has again been o'Vshe'f'
o. cents. September ist. BOOT anu -
sb,oments continue large. Ne" Dus'"e'S
No gain j. seen inthe demand i'r
,,,ooien goods. CottOns snow -
,ore and IN a few qualities shs".S
,or nrices. but the change mas p'VS ~
saitiny from store, without disposition 70
order ahead of current wants
speculation in products canseu an 40.
,,arca OF l.C2 cents I'm wheat, but ~
rrhursday Il had been lost. only 20 rise
again and close at nearly the top. heasy
Western receipts continue. low as prices
are.