The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-04-04
THE OUTLOOK is GOOD.
SWhatth The Mercantile Agencies sayIa Re-
ference to the Next Crop Of Cotton.
TRADE At BALTIMORE BEST IN YEARS.
Less EncouraEen,ent Appears In emo
Boot and shoe Trade, as Buyesa
Hesitate, Though Leather Is sttaa
Firm -cotton MILLS PiIins ae
-Rusiness at Plfssburr FaAr.

t t-.a.
New York. April s.--R. q. Dun al 90.
view OF trade: ~ 7i's'7-s & -, II
Ihe regular quarterly statement OF
iaiiures shows 4,031. with liabilities OF
SorfEo,l55. against $500 last year. with
liabilities OF s47.SI3.6s3. s.
me iinprovement expected with spring
traue begins, though In some branches
OF business scarcely visible, As consura-
eIs make spring purchases they must
iesseh stocks and compel buying The
STOCKS taken In advance of consumers
aemands last summer have been distrI-
buted far more slowly than was expacf.5
ed, but months of waiting have helnes
10 lessen the load which II is hoped
spring buying Will clear away The
backward season has been an hindra nee.
and The number of hands unemployed ia
,n,IAertant industries and the low prices
OF iarm products. Apprehensions Of
Foreign or financial difficulties have him
uered, out are now scarcely felt Gold
exports are rumored. but at this season
are SO far natural that they have no
such power to cause alarm as they had
In winter f2',sVk
The gigantic steel combination ia ex-S
pected to have q great influence Ia
sustaining markets AND stimulating cor-
ndence, and though such operations
often miss the success they seek, they
rarely fail to kindle speculative buying
L s.
per ton In billets a week ago has raiscas
lseSsemer pig 81 at Plttsburg, and the
densandifor scructural forms increases in Il
expectation that prices will rise The
steel concerns propose to restrict pro-
duction by allotment, those lproduoinR
more than their share paying So per
ton to those who produce less. 9s y IN
Less encouragement appears In the
boot and shoe trade, as buyers hesitate.
though leather is still firmly held. The
woolen manufacturer does not gain Ia
orders. and large part of the macfin
cry lis stopped. Prices OF wool have
fallen 7h per cent. the average sof ~.
quotations being 1852 cents. a.
Cotton mills still pile up goods In 3D.
vance of orders. as reductions IN prices
have failed as yet to stimulate buying.
Speculation in product has been tarne.;
Cotton continues to come forward So
largely that former predictions OF 6. sos, 7
600 bales are remembered with deri-
sion. and the outlook for the next crop
continues good.
Bradstreet's View of It.
The movement In steel and iron mar-
kets during the next few weeks will
attract an unusual share of attention..
Additional favorable features are re-
ports that Mt Baltimore the quarters
general trade has been the best for
years; that there has been slight In
crease In the volume of business at
PittSburg; that at Kansas City distri-
button of general merchandise Is fair
and that demand for dress wooIens.
autumn delivery. has been sufficieRt to
stimulate manufacturers to buy raw
material more freely, s
The first quarter of 1895 presents the
largest list OF actual commercial and
industrial failures In business In the
United States. those in which liahili-
ties exceed assets, ever reported for g
like period. The total Qncluding fnan-
cial instltutions) is Asp, or 700 more than
In like period OF 1895. The largest pre-
ceding like total 4,050, was reported In
1885 Liabilities of those fatiing this
year amount to s62,513, ,O00 an increase of 3
30 per cent. as compared with year
ago.
In addition to advances for iron and 8
steel and products thereof wheel, Indian
corn. and granulated sugar are higher.
maintaining the tendency of week ago
Wheat, Hour, cotton, wool, print cloths
and rye are substantially unchangeds
but oats, barley, pork, hard, battsn
and cheese are all lower, as Is coffee.
The movements of dry goods from I
jobbers hands has not improved Wool
ts dull and depressed and some rnenss 1
wear mills in New England, and III,
Pennsylvania have closed
March bank clearings are in contraat
to those of February, when the total wa, +
~ per cent. larger than the correspond-s
Ing total nearly a year ago. s
Valuable lots at Aucstos,
III. C. HOggard G. 90 xvul va,, - A.. -