The times. [volume] (Richmond, Va.) 1890-1903, 1896-06-13
nrSINhss AND rOLlrICs.
Prove an Unsatisfaciory Combination on
Account Of the Financial Question.

Prove an Unsatisfactory Combination on
Account Of the Financial Question.
NEW YORK. June l2.-Bradstreets
to orrow Will say:
Their is little or no effort 10 push busi-
ness at a period of so much uncertainty
as 10 the precise terms OF tho financial
pianks TO De adopted by the great poliu-
cal parties in National Convention. Tile
general merchandise movement continues
as dull and conservative at heretofore.
retailers, with few exceptions, buying only
for Immediate necessities. Mercantile
cole. 6nS continue slow ana ulsatis-
facto.y ard there IS 40 gain I'm the cot
ton woolep goods. iron or steel indus-
tries
Trade I'm Central Western states re-
mains quiet. No Improvement is report
cd from Chicago. as compared with un-
satisfactory records of recent weeks,
Improvement In demand for staples nj
81 Louis is among dealers IN paints and
drugs Kansas city and Omaha report re-
atirely the best demand among western
iohh.ng centers, notably among whole
salers of goods shoes and hats and
agricultural implements. Reports from
Southern distributing centres announce
an almost uniformly quiet trade. although
good rains in territory tributary 10 Char
lesion and 10 New Orleans have im-
proved the crop outlook and whole3ale
trade In Texas corn is suffering for
want Of rain.
The total volume Of bank clearings in
the United STAGES for six business days
ending with June nth IS Ss3s.cooo0o. or
81 per cent less than last week. nm d5 3
less than IN the corresponding week OF
1895
So far as the movement OF tprices is
concerned. the contrast with last week
lies in advances for -four lard sugar. PEE
troleum. and Tobacco Decreases I'm re-
cent weeks are followed by still lower
prices for Indian corn. wheat. oats. pork.
cotton. and print cloths. Practically un-
changed quotations are announced fofr
leather. lumber. live stock. and coffee.
Wool. which is ont firm. is nominally
unchanged The total number Of pusi-
ness failures throughout the United
States this week IS 234. compared with
2S6 last week. and 229 in the second week
of June, 1895.
r. g. Dun & Co.
NEW YORK. Juc 12.-R. G. Dun q
Company viii say tomorrow IN their
weekly review Of trade:
Failures for the week have been 2i5
I'm the United States. against 2il last
year, and q in Canada. against "A last
year.
SfecuiatiNe reaction has not in the least
changed the business outlook. The nc-
titiOus tnCel made for wheat and cot
ton meant nc good. except for individuals.
aud the charge 10 Prices more nearly I'm
a. 'ofd wlth actual returns OF demand and
'pply only conform TO conditions which
nave be- NP known for months
IL is not the time 20 look for marked
Improvement IN industries. and the best
thing that can be said Of them IL that
none have as yet been seriously dis
turbcd by threatened labor difficulties
II seems not improbable that an such
difficulties may be ayerted. except per-
haps the controversy about wages Of iron
puddlors and tin-plate workers The
output OF pig iron June LIST was 1s2. 22O
tons weekly against $50 39S tons May
lst while the stocks unsold. excluding
those held by the great steel companies.
amounted 10 7s5.p13 tons. against 200. 532
tons May lst and only b256 January