The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-06-12
EUSANI;SS IMPROVING.
ihc Gnin In Trade is Slow, Hut Suro
and Clenrly PcrccptibIc

New York, June l1-R. G. Dun &.
CO.'S weekly review OF trade to-mor-
row will say:
The gain in business continues, not
without fluctuations and at the best
moderate but yet distinct il is stu In
quantities rather than In prices, al
though III some branches an advance in
price appears, but on The whole the
number Of hands employed, the volume
or new orders, and the amount of work
done, are slowly increasing Prospect.,
or good crops OF wheat and cotton help
| growing demand from dealers whose
stocks, Il gradually gaining consump-
tion deplete, also helps, and in the
money and exchange market large buy
Ing or American securities has an In
fluence.
Wheat looks well and the best trade
authority now estimates the yield at
h1b,00O,000 bushels, with many State and
railroad returns to support It. The price
recovered 1R cent after last weeks fall
or over 4 cents, because Of business sup
plies are diminishing. but with 2,370,579
bushels received at Western ports in
June, Atlantic exports have been, flour
Included, 3,12S,943 bushels, against 3,TO4,-
S21 IN one more day last year. The out
go Is steady, and since March has been
1886, 3S2 bushels, against 16,115,421 last
year, and yet Western receipts have kept
fairly ahead OF the exports. The annual
Chronicle shown an increase of $50 per
cent. in all the States, and an Increase
In every State in spite or The floods,
which, with no more favorable weather
than that or last year, would mean q
crop Of nearly 100000 bales
Neither woolen nor cotton mills can
expect other than q waiting business,
with change OF tariff impending, bui
the demand for Dieached goods is steady
though moderate. Brown goods are
| dull. though quotations are unchanged
some large woolen mills are preparing
| to Increase output and have bought
heavily, sales or foreign wool at Boston
alone having reached G,3lO.OOo pounds
ont Of S.36S, 900 sold or all kinds at the
three chief markets. Carpet mills at
| philadelphia, which have just resumed
| after long idleness, were also buyers
and all are now running nearly full time.
BRADSTREET'S REVIEW.
New York, June 11.-BradStreets to-
morrow will say:
notwithstanding cool. wet weather,
which checked the distribution OF mer-
chandise In the spring and early sum
NOR, Is giving away to hopefulness for
the fall trade. Business is better than
| year ago The volume Is larger and
there are more people employed than
prior to the last Presidential election.
The movement Of mrchnndise in the last
five months has been disappointing but
iobbers are beginning to report fair or
ders for Fall delivery. The encouraging
features announced this week are the
Improvement In May railroad earnings
and the advance in the price Of Besse-
mer pig iron, although the latter is less
significant than some reports indicate.
Manufacturers Of woolens are more
hopeful, the outlook for higher prices
stimulating speculative demand for both
raw and manufactured products. Crop
prospects. except in Oregon and Wash
inSton, where rain is needed, continue
favorable. Hot and forcing weather
with showers throughout the Gulf
States. has had an excellent effect on
cotton and corn, which has stimulated
the demand for merchandise.