The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-04-10
REVIEW OF 'k'Ls.ts,E.
BAD Wcnthcr flinders Improvement
Hu, the Signs Arc Good.

(Ry Associated Press to The Virginian.)
New York, April 9-Bradstrects to-
morrow viii say:
The business situation, rs q whole.
shows no gains. staple lines arc only
fairly active. Overflows, wash outs and
floods continue 10 do great damage in
the mississippi and MisEour. river val
ley:. throughout greater portion OF
which general trade remains practically
at standstill. Rainy weather cx tand-
ms rom the central western 10 north
western spring Whea: States has rem
dcren country roads almost impa sanle.
Win the NATURAL effect upon business.
rs the region threatened includes the
richest portion OF the cotton belt. the
prospect for delay in planting a second
tlme indicates The possibility Of a
heaVy reduction in acreage this year
whence the advance in cotto this week
Zig iron, steel biltets ana east iron,
pipe are lower in price and the demand
ior steel and iron is not rs heavy ry!ts
Il has been, although the price of lake
ore has been fixed a low figure ana an
ore pool formed. Wheat ha; continued
az disappointing as iron as TO the price.
dropping nearly four cents br,shel on
tradstEeets report Of an increase in
ne worlds visible supply last week. in
stead or a decrease, as expected, due 10
a larger quantity OF wheat in sight
abroad.
Exports Of wheat ttlour included as
WheaO from both coasts Of the United
states anu st. John, n. T., this week
amount To 2,036,739 bushels, COMPARED
with 2,iGlO0o bushels last week, I6I. 600
bushels in the week a year ago, 2.as4. 600
bushels in the week two years ago, ,g55.
uUO bushels three years ago and as con
tfaSted with 2,9lS,0o0 bushels in the like
week OF 1898. Exports of Indian corn
amount to 4,645.5S5 bushels for The week.
compared With 1876. 900 bushels Ia
week. l.@9l Gao bushels in the week n wear.
ago. Sli.0OO bushels two years ago, ..ioT.
soo bushels three years ago, and as con-
Ifasted with 9OS,OO0 bushels in the like
week of lS93
Business failures remain al the lower
level recently reported, 232 this week.
compared with 2l2 last week, 23l In the
week a year ago. 225 two years ago ana
II three years ago. There are 80 bust
ness failures reported from the Cana
u!an DOMINION this week.
l.. G. Dun 4 Co.'S weekly review of
trade will say Tomorrow:
ont OF 1905 failures, with liabilities OF
$50. .l32,5Gl, in the first quarter "A bank
ing failures covered more than fifth Of
the amount. sl2.74i.Ga0, and 3.3ll fail
ures. with liabilities of $50 94T. 500. or
nearly tlrec-iifths. are classified this
week according 10 branches of bust
ness. leaving only 5S7 failures ana less
than fifth OF the liabilities, $12 OG0. Ol9.
in branches Of manufacture or trade moi
specified.
Only two OF the thirteen manufactur-
ing classes and only four Of thirteen
trading classes show liabilities for the
quarter larger than Inst year, and only
five manufacturing and five trading
show lower liability averages For the
month Of March only three manufacture
ing and four trading classes show larger
amounts than last year, and only two
manufacturing and five trading show a
larger average OF liabilities. In almost
every case also il is shown that the in
crease Is due to one or two exceptionally
large failures in that class. The returns
compared with those Of three previous
Years disclose much Improvement al
ready, and bright prospect for more
hereafter