The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-06
DECREASE ~ FAILURES.
\ Remarkable showing for the week 'us'
Tnded--Trade Conditions.

NEW YORK. Nov 5.-R- g. Dun
Company's Weekly Review Of Trade vi"
say:
stronger proof OF the great change IN
The condition OF business could not DC
given than is found in the detailed rep0''
Of failures by the branches OF business
for the month OF october. Ihousn sNen-
"a bv "a Few large speculative or ploAf.
age failures. the aggregate Ma9 80
tfar I'm any other month TOT more lhdi
foftr wears except in July ana August ana
The Observation-Disclosures and trading failures
g. ~ l.4 against 81 SN ST in Sepltmoti
and s7151 Sj in August, incluulns ~
for Sl0U.Ul0 having 10 relation 10 '"1
principal Of business.
failures have not been smaller except
In one month. wool with the cAceptlOL
u two months, shoes ana leatheI eNcep'
IN four months, ana cotton Ileilula'i ~
ing except in six months in trading ciAss-
"a Failures have never been smaller u.
groceries. jewelry and books. except ~,
one month. in clothing. IuInltuIe 80
unclassaed trading except IN Two HioAsiIat
and ten manufacturing and eleven tfduihs
classes OUT Of fourteen each have never
reached smaller failures IN a mira OF ~
past f0rty-eight months. improvement
- general with a remarkably low aver
axe OF liabilities in most classes h1s d
NJ r',ia+ foilowing the great rush OF
orders and purchases for over Two
months is stiil increased IN many oialcn-
as by unseas0nabiy mlld weather anu ~
he mills are obliged 20 refuse many OF
fars because unable 10 nnlsn previous
engagements soon enough
Ia is in every way fortunate Tor the
industries and the WOuld-be buyers rNier
speculative purchases would otheI "lss
advance prices so fast as 10 MAKE re-
action probable. r..
More works have Joined the active list
including some long idle ana the pIoluc-
ton in iron manufacture Is the greatest
The output Of pig again exceeds the
demand which naturally diminishes hta.
the close OF the year and prices ylelu
slightly. but consumption - kept at tllo
maximum by the pressure OF 0i usiS
which the works are not able 70 MI ltal
enough The Illinois steel company
Shipping 500 tens q nnishcd pfouL-ls
rar dav. b. bshInd. Eastern and Neste-n
orders accumulate FOR railway materltl :.
for cars and blrs, for ship plates anu
structural forms.
bv decline in cotton and by accumulation
III orders with slow Distribution, 80 tntt
print cloths have fallen 20 la urH
low record-and staple goods are SOLD AZ
In voolien goods the advance has been
sfrfefef bv doubts about the future mar
ket for goods ard cost OF WOOL, Whlcn
had advanced slightly IN OCTOBER thoISh
heavy sales 20 take profits ere reported.
4 few az Boston covering 5.WNyN POUNDS
fhis w. The mills have al they can DO
for some time ard the opening 81 the
rex, season may be deferred until the
future can De- more accurately judged
cold weather is greatly needed 20 hasten
Via in-ications N the future demand.
Another rise in wheat lifted the price
qrove 81 bur profit taking speedily caused
reaction. ard the price closed : l--c. lower
for the week Receipts We're about MIL
lion bushels larger than last year ana At
i.ntir exp0rts flour included az wheaO
were SZsl.5J5 bufhels against I'e'-''S' last
Fxports in October. as In September,
were heavier than in any preceding
month. and after gloomy reports OF lhe
condition Of winter wheat extensive rams
have caused material Improvement.
Corn has grown stronger IN spite OF the
course OF wheat and authorities mucn
credited estimate the yield az ls-5v".VVV
bushels. which would hardly permit con.
tinuance Of heavy exports IN place OF
wheat through the year.
Cotton has not lifted above 9 cents. ana
the accumulation and declining prices OF
goods which has increased the prospect
N extensive stoppage Of English mills
causes less sneculatiOn than usual.
Failures FOR the week have been z.o IN
The United States. against 20 last year
and CD in Canada against y last year.
Bradsircet's.
NEW YORK. Nov. j.-Bradstreers to-
morrow will say
Killing frosts South. the raising Of quar-
antine embargos in nearly all states m
Eaded lv the yellow fever. the resumption
Of traffic. and a prospective revival o.
demand for staple merchandise cOnst-
tute the trade features OF the week Rams
In Central Western and western states,
followed by colder weather nave Favored
farmers and stimulated demand from IN
terror stOre-keepers. This has had faN-
Orable effect az Louisville, 81 Louis ana
Kansas city. Jobbers IN Northwestern
States are awaiting seasOnaule weather
% stimulate the movement OF heavy dry
goods and winter clothing Features an
larger Pacific coast cities are confined 70
sales OF merchandise. and provisions for
the KlOndlke and the heavy foreign ship
ments Of wheat and -four. Larger eastern
cities report no increase IN tho general
market New England centres report that
the orders from the West exceed those
from the South or East Leading manu-
featuring Industries continue larry well
employed While there has been mod
crate reaction in iron and steel. furnaces
and mills continue well employed. and the
outlook for higher quotations next year
In addition 10 lower prices FOR southern
and Bessemer pig and Tor steel Dliletsf
mutations for naval stores. woods. cop
per. coffee pork. flour, oats and wheat are
lower. while those FOR cotton. print cloths.
sugar and beef are unchanged. ana Tor
Indian corn. lead and lard a shade higher
Exports OF wheat flour included as
wheat from both coasts Of the United
states and Montreal this week ae.sfekals
1910 .2lG bushels. compared Win ,-5ii-,.' -
fast week 3 f72Nsp one year ago. -~S1.'S
two years ago. 2Cs.',vrO three years ago.
and a. compared with 1Sl3.rpv IN the cor
Responding week Of 1893
Exports OF Indian corn this week
am0unf 10 2lgs.5JO bushels. compared
with / 50 600 last week. Z2iI,VDv IN the
corresn0nding week one year ago. 70
90 two years ago. 20 ooo three years ago.
and as contrasted with $1,000 IN the hrst
week OF November. ls'3
-rhera are - business failures reported
,hrorghout the United States this week
COMPARED with 2ls last week, u IN the
week z year arc, I'D Two years arc. ~
three wears ago. and as. compared VIII
as2 IN RE first week OF November. 1853