The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-02-15
The Weather, CIosaness Of ROnesy and Con-
gressIonal lnactfon Hlndred Business
DEMAND FOR MANUFACTURED PRODUCTS IS,
Exports InproYe- Improvement 1, In
Demand Combined TO Hides, E.eathst
or, Boots md Shoes -aseactIonyis,ai iii
Prices OF Iron and s,teeI-wooleEal
Manufactures Arc Duli. 6S

view OI Trade: Ill salESi5s.l I, ~ Sss5sf
Failures for the first week Of February
were 4,O1s,6s0, against 2,9D9. $50 last year. s
manufacturers were s2.372235, against
Si29.3iS last year and S1.594,O72 In 1884,
and trading We're $1,626.427. against ST.
D34 .S9+ last year and s2.4s5, ,5S5 in 1896
Failures for the week have been 32l 5ftsS
the United states, against 270 last years.
anu 67 In Canada, against 81 last years
The weather still hinders business and
continued closcness of money and pre-ss
longed inaction of Congress-, but confi.S
dence increa SEES There is little mora
demand for some manufactured pro-S
ducts. Exports improve with Welding
prices OF staples. and for the week from
New York exceed last years 30 per cents!Sss
while imports have increased Is per cents
Pig iron al the East and at Chicago hasS
not advanced, southern competition cons
tinuinG at prices SO low that several.
Alabama furnaces have stopped butt
Ressemcr ls n shade lower at Pittsburgh.
The demand for plates. sheets and wire
nails continues fairly good. and thereE
nre more orders for railroad cars and barr
iron at Chicago, but no further sales Or
rails appear, and the demand for finish-l
! ed products keeps but about 77per cent
put Is again much reduced. Copper Is a.
shade firmer, while tin and lead are mott
| active and unchanged The demand
! for boots and shoes Is still Disappointing.
Some makers get good orders forS
women's light shoes, but others scarce-s
ly any. and Boston shipments thus FAM
are 81 per cent. less than last year. .sS
Textile work shows little CHANGE
though the cut In print cloths and gen-S
eral concessions In brown and bleachedS
staples, averaging for the whole list
quoted six per cent. since January 1st-
induced more buying. which the accumuSs
| lation of goods ahead of demand fiasS
hindered. Many mills are reportiiigS
great profits from the rise of cottonss;
but the prospect of larger crop this
year does not promise repetition of auchs
gains though goods still averages512!Tsl
per cent. above their lowest point 4
year ago.. Cotton Is now A per cent?
higher than 1t was then. Sales OF woQEs
| have been small for two weeks Of Feb4s;
lruary, but higher prices abroad. sustalnSS
ed by heavy shipments of goods to thisS
country incline holders of wool here St0S
make no concessions so that manufacSs
turers have the more difficulty In meet-#
ing competition. ,5sis3
Cotton receipts at this seasan, nevera
large, still indicated supply for thais
current crop year, including stocks
| brought over, much In excess OF the
worlds needs so that the prospect ots
increased acreage has the more powerM
to depress prices, and spot cotton aiasti
declined an eighth for the week EXIT
ports In January were S.653,566 less tha.nSs
last year, though prices were As per-
cent higher CleGrings for the weeksSs
l0.4 per cent. larger than last year, OH
27.7 per cent. less than In 1882
Rradstreet Report.
New York, Feb. 14.-Bradstreet'sssa
Feb. 18th, will say: Ss
The general business situafionSs
| throughout the country does not meet ~
| anticipations and except few cltiesssssS
| Baltimore and Pittsburg in the East;s%
49, A..
| the West Galveston Chattanooga ana /.
| Atlanta at the South remains dull fortts
| the season. in most cases disappoint!SSss SSs
| insly So ssassSf
Improvement In demand and prIceY6 n
| Is confined TO hides, leather and bootsa
and SHOES which are conspicuous in the 81
list of staples for which prices aTGgs
higher.
Features OF the situation are thosaN.
resulting from unfavorabie wealtheESS
East and In the Central West reartionSs
in prices of iron and steel, further conis7S
plants by wooden manufacturers ana Il
outlo5ai for more idle woolen MACHINERY
cry, a smaller total OF bank clearingsssa
continued stiffness, maiMtena1cssof OF f8s
high raaes for loans, notwithstandtng
the favorable influences In the oVer-su ~
scription of the bond Issue, a restricRfonS Fl
In the production of pig iron. JaniiaT Ty$&
gross railway earnings are very enctiir-He
aging, showing a. larger pereentaga2cf;
gain than in any previous n1ontE bSitiSl
one for three years. 4lss5S " tNssSSs
Makers of cotton goods insist that's;
prices must advance or the cost Of Stllss 81
raw material decline in the face. OF sth ssssS sssS
jobbers cutting prices OF cotton goo, ,agas
Wholesale dealers in paints and glass; IS
anticipate heavy building opera tfoSis
In the spring and report large sordeSas
placed in anticipation thereof. 5LRWef5fS
prices are recorded for pork, lard 90 As
wheat. wheat -four andl I've stotl.s III d;
addition to cotton, steel billets and TBasssSss7s
semer pig iron, indicating a partial ssS
yersal ofthe general tendency of liz sSS
of heading staples to advance exfiib fSd 81
In late weeks. No change in quota InfsS SAs
for coal, lumber, petroleum and psIs tls
cloths Is reported, while In adslitioiS Il HS5|
the advance for leather an for jIi al
prices Of oats. coffee and suga - AZ sis
higher. The total volume OF ii aiiKS CID pss
ings dropped off 10 per cent. this 81 asisSs
the todal being s9060 200. he 81 il ise
number OF business at.ures renee fT,sis| issi5S
throughout the Unit ted State tslls
is 3Sl, an exceptionaliyf large n1 il, III fsSs
the gain as compared MI ths Lac 4 4 Vs efl| 81.
being 49,. Most6oi ttA In crease aisS aSssSs
planned by returns from the Jen4E Is
Western States and the IsAcaH III sonSf. SsS;
f.