The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-01-11
w WEEKlYsT TRAD REul EgN'''
Uncertainty as 10 Financial acl1olaa aa|
Unfavorahla Influence on New EntsfptlssssSg
SOUTHERN COLLECTIONS ARE EAsYI
While tn Other Parts of the ConntTB5
They Are Complained OE-SpecaIas!
ton is Marrow lndusf rial sitnast
alton Not Materially Chang etsas
Coseon MILLS Running.

Coseon Mills Rnnaings s:ss IS
New York, jan 1O.-Bradstreets' TO-.
morrow will say: ss,s5s
Mid weather at Western points has 4
interfe1ed with business in some inY.ss
stances and the week continues to prev
sent characteristics of between-season's d
period. The impression Is general that 8
uncertainty as to financial action SytF
congress and disturbing political comdi-is
tions nave an unfavorable Influence on
the prospect for new enterprises. Mer-ES
camille collections East, West, North-s
west are complained of. but at the 4t
south the comparative case with which,
they are made forms q consDicuo,ls ex.Ss
ception. Demand fGr funds at various 4
western centres Is the most active for
q year. A, 5t7sa'tss
speculation is narrow and profeaston.s
al, but the stock market is strong on theis
belief that the Sl00,0o0,O0O bond Issue 4
VIII pc successful and that no severed
depletion OF the gold reserve Is likelyI
during the thirty days OF delay fcxS
popular subscriptions is5yfss:
December gross railway earnings are
nm:ng the best of 1896 as far as In,
creaSes are concerned Total earnings$
OF 1O9 roads for December were S41. .778,s Il
lob. an Increase of S.S per cent over 1894 n
The course Of prices OF staples contin-S
ues to Improve, with an upward move Z
ment In live stock, pork, and other
meats lard, Hour wheat, corn, oats,
bessemer pig and bar iron. 3l& J fSaStsgs
Bank clcarings aggregate S1,235. .O0O "
600 this week, an increase of pIbolitH
20 per cent. over the week before, and 1
~ per cent. as compared with the week
one year ago. {s
There were 44G business ia il,lres ir, ma
United States, an exceptionally heavy!
total. Last week the aggregate Was
403, and'in the week one year ago it twaa( |,
| 405. ,tNN s3'1,i9 SEsSs47Ss;;
The general industrial situation M
moderately improved. saG
.3, DUN ts Co.'S Review. s;s3 81
New York. Jan 10.--R G. Dun Ss COS
VIII say tomorrow In their Weekly 3RessS
view of Trades Liabilities in failure8
amounted TO $91S,795, of which $240, 0,407s
were of manufacturing and 67S,3SS of
trading concerns. Failures for the week.
have been 431 in the United States,
against 420 last year and 63 in Canada,S
against "a last year. sysssy
The New Year begins with such un-
certainty that business Is somewhat re-S;
tarded. The sale of bonds offers ground
for confidence In the future. but no Iones
Is able to determine what its carllestS
| effects may be In the money market and h
for the time 1t Is a cause of hesitntiolS
rather than llopefulness. Sstt!s
Speculation in products has not beenI
active. Cotton is unchanged, althouGhS
the receipts for the week have not BEEN
very large. but soma slackening appeufSM
| in the foreign demand. Wheat Is nbcntSf
one cent higher and corn the SapletgE
| without distant reason In either clSe.S
The industrial situation has not mate
rally changed. There Is much hesita1HH
| tion in the iron business. with SomeA
advance in Bessemer pig, because of sthei
| expectation that Connelisville Coke aIidSs
Lake Ore will both be dearer and YETI
finished products of iron and steel aTasss
on the whole quoted little lower.
Everything turns on the contractysi H
for ore which are still unsettled, a but /.
the great excess in production of&piers
iron over the present demand is &riols
longer denied and 1t is expected that
quite a number of the furnaces wifi
Lower prices for Alabama iron renawJ5
competition with Casters furnacess
Tho cotton mills are eU9erally rum
ming, though not all with full force,an6S "
some are piling up goods without fre+4i
gard to the immediate demand Which6S
emily believe that the short snpplYgOE
cotton this year will ensure them pTcfitss
in the end. as 1t has during the paStaS;
half year. Nevertheless, goods haYe5deSS
cidedly weakened in price, quite q pnmsss
ber of changes having been recordeds1 70
during the past week.
The volume of domestic trade indtsSS3
Gated by payment through the princtsa
pal clearinghouse shows the usual;
large increase of 14.6 per cent overslRstsS
year, but in comparison with the saI{leS
week i'm 1893 shows decrease OF fy13s1sss
per cent. Pant of this difference Inusts
be attributed to the shrinkage In pTicasE
but there is also, without doubt, a co3s43
siderable decrease In the distributions0f
goods to final consumers. az