The times. [volume] (Richmond, Va.) 1890-1903, 1896-10-17
FAVORABLE CONDITIONS
ron IN EdKLY JMPROyIUENr N
GENERIL IRIDE.
Southern Pig Iron Goes Jp-Produce Has
AN Upward Tendency Leather Mar
kei Quiet General Conditions.

NLN 1OlNNs ONt- 4p.--4'i ANeNt''N . ~
morrow VIII say.
A,nile me voiume OF general TRADE
has not increased materially, new condi-
lions are favorable 70 an early improve
ment. Features of the business week
ale continued auVan,o ln Yslse aha
strength OF wheat ANA the maintenance
vi Il large volume oil wheat exports nOia-
Dly 70 india and Australia.
While wool Is no higher, holders have
sold enough 10 render them Indifferent,
and are holding stocks Tor fuil nButes.
MAAe steel product orders are not
beans placed iaplaly, they would be
n4aAe4s woml accept current quotations
iof Isi delivery.
southern pis Is = cents higher, and
Notwithstanding the growing export
TRACE IA iron and steel has been cnecllea
boy higher ocean freight rates and cuI
prices ty German steelmakers. IL Is
anticipated that within three weeks the
uomesuc demand viii meet expectations.
Cotton goods continue ia uAsauslae-
tory demand. Mins are running Oh
ill time, but stocks tend 10 Increase
again, and JoDOers and other whole
salcrs are slow to pay the advance ash
cu, wnlle lower p4lcea stocks are on
hand. Depression ln wOOnen goods con-
unucs marked, ana The mills running
brins Oh pafl time or on samples.
Prices continue the upward tendency
ot several wccha past lu SHOES. leather.
Southern pig iron. wheat, Hour canned
goods, indian corn, oats, pork. coffee.
ANA PRINT cloths being higher petroleum
lower, ana cotton. anthracite coal. lum-
ber sugar and various finished products
Of iron ana steel unchanged
bank-clearins totals amount 10 S9l l00-
600 this week-slN per cent. less than
last week. and li.6 por cent less than
ia the second week Of October. 1876.
TIE total number OF business failures
reported throughout the United States
TINS week Is 2,y-twelyo fewer than la4t
Wee@, ana ten less imam IN the second
week OF October. 1898.
X. G.. Dun * co.
NEW YORK. oct. l5.-R. c. Dun .
Co. Review OF Trade Will say.
The most powerful force in business Il
present is a conservative timidtfy ana
the foreign bankers. who have been of.
ie'inS Tor small percentage 60 ensur.
People against premium on gold until
/ eeemDer, have made am easy and sura
pront out OF prevalent approximations.
From Kansas. Nebraska. and other
states. where the silver agitation Is and
10 Do strong. come orders by many bank.
ers and business men tO get a small
premium. and there has been some de-
mand for boarding from individuals IN
other States. who are afraid even of
their own best Judgment
one commercial change. which. mora
than any other, ensures better business
in the near future. is the excess OF mer-
chandlse exports ov-c imports
The heavy movement OF grain is th.
cornerstone.
Confidence rs 10 the future makes
trouble instantaneous because 50 that dee
mand for finished products is checked
Boot and sioe-makcrs get very narrow
orders az Old prices. or az an advance
less tnan one per cent. Difficulties threat
en- the IRON manufacturer for ple is high.
bessemer at Sll.5O and grey forge at S4l5
at Pittsburg while plates. angles AVID
beams are weaker. and various combine
lions hold prices only by leaving 0lf-
I side competitors 10 take the market as
Ear as ley can. Steel bars are largely
! sold no one cent. while 112 IS demand
for iron. all the nails that outsiders
can produce are sold nc less than the ass
ISOLATION asks. bililts are stiil sold FOR
less than tine pool price. and its ship
uents in September aggregated only es-
o1 tons. mainly on sheet and tln-plate
iars. and the demand FOR rails is growing
small.
Wool IS stronger with continued spocu-
iatye buying, huf consigned wool has
been mostly Withdrawn until after the
election.
No gain IS az present possible In goods.
and though the number Of mills starting
for The week H. fifteen. against seven
stopping much of The work done IS IN
anticipation OF n better demand than now
exists The cotton manufacturer has also
started more spndles. bur the demand FOR
goods scarcely Increases. and priut-cloths
sell at 255 cents. Failures for the week
have been 32s in the United States.
against 263 last year. and forty I'm Cana
On. against forty-six last year