The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-01-23
REVIEW OF TRADE.
increased Demand in Some LIncs-
Tone Of fGenernI EIontthfuIurss


New York, Jan. 22.-Bradstreet's to-
morrow will say:
The most encouraging feature OF the
trade situa Ion this week Is the in
creased demand from manufacturers for
WOOL. The decision of the print cloth
manufacturers to curtail the output will
emphasize the recent sales of the heavy
surplus, and promises a better market
10 these may be added The Increase in
the volume of domestic bank earrings
general steadiness of prices, and the
nea!thlulness of general trade In almost
an uepartments Conserva tlsm In grant
ing credits and the preference by retail
ers and others to buy oftener, but In
small quantities, continue TO mark the
course OF business n not before I'm years
demand Is increasing i'm almost all lines.
WIN rev exceptions. although very slow
~. "A radical Improvement In the near
future, based on slow but healthful in
crease in the consump:ive demand. is, in
the absence OF unforeseen obstacles. al
most certainty.
Commercial travellers are reported
very generally out on the road, ye: the
NoluTe OF business continues small and
Connections N many cases are unsatls-
FACTORY. The more active demand is for
Snoes, mats, groceries. hardware dry
soods and drugs. Yet, al such centers as
Chicago and st. Louis. at the West;
baltimore. Philadelphia, New York and
III
along conservative lines. Memphis.
Nashville. and Galveston continue their
exceptionally favorable reports as to de-
mand for staples. Pacific coast ports an
nounee unusually heavy orders for mer-
chandise from Alaska. and an improvin
chandisc from Alaska. and an improving
trade with China and Japan. Total
bank clearingS aggregate SlOf2 600 900
thiS week. decrease OF one half of one
per cent from las; week, but an increase
OF per cent over the third week of Jan
| uary, 1896.
An unusually long list of business en-
barrassments continues feature OF the
state of trade OF the West, the total for
the past six days business being 429.
or 40 less han last week. ana SS more
than In the week year ago.
K. @. Dun & Co. Will say Tomorrow I'm
their weekly review OF trade:
There Is more business, though not at
better prices. II is interesting that al
most ali businesses which change a all
are lower than week ago. and yet
prices are unques :ionably larger There
| Is larger production. but as yet not as
much increase in consumption. and there
is larger buying Of materials, but at
present only because better prices are
expected in future. a few conspicuous
failures during the week have had no
material influence. The market for Sc
curities s slightly stronger and yet
of hands employed. all industries con-
sidered is slightly larger than week
ago. without adverse change In the rate
of wages. All apprehension of foreign
disturbance of money markets has pass
ed away, but there Is still great eau
tion In making loans. Ii is a mistake
to reckon these as symptoms of depres-
sion. On the contrary In spite of the
lower range of prices In important in
dustries. the conditions Indicate larger
production.
The earnings OF railroads I'm January
have been "A per cent smaller than last
year.
Wheat. corn. and cotton exports are
the Key OF the financial situation. and
during the past week whea has declined
ssc. and corn sc, while cotton Is un-
changed
The woollen industry Is as slow as
ever. and no real Improvement appears
in the demand for goods although owing
! to the lateness OF the season there Is a
little more doing both in shipping and
In winter goods. without Quotable
change In prices.
Failures for the week have been 400 IN
the United States. against 373 last year,
md = Il it,,, 4