The times. [volume] (Richmond, Va.) 1890-1903, 1898-08-27
BUSINESS SHOWS
STEADY GAINS.
Conditions Reflect the Situation in
Favored Sections Of the Country
BUSINESS FAILURES ARE FEWeA.
Some less Favorable Elements I'm the
East. but Business Is Confident
Good Demand in Western Mar-
kcts for Dry Goods, Etc

NEW YORK, Aug. 20.-Bradstreeis to-
morrow Will say:
Business conditions in tho main reflect
the continuance OF NEST OF the favorable
features hitherto dominating the trade
situation I'm the more favored sections 0(
the country Prominent In this direction.
OF course. are the iron and steel and allied
Industries. I'm which active demand. pres
emit or prospective has led % further
price advances. sustained and even in
creased activity IN distribution IN most
western markets with some Improvement
likewise noted az Che south and on the
Pacific coast. steadlness Ia priccs-wheai,
corn and cotton. however, eNeepted--a re-
duccd number of business failures fair
gains I'm railroad earnings as a whole and
bank clelrngs. in spite OF a slight Ia
ductlon from last week. showing heavy
gains over al corresponding periods Ia
previous years.
on THE OTHER HAND.
The less favorable elements ia The III.
uatiOn arc the reports % arrested OF
smaller than expected trade at eastern
markets. more particularly I'M textile lines,
lowered quotations and apparently less
active demand from abroad Tor our cereal
products ana reduced prices paid Cor The
south's great staple. raw cotton Quail
flying the latter might Doe mentioned The
fact that spring wheat has apparently
begun % move i'm the Northwest and the
promise Of large Yields IN wheat and cot-
ton alike has tended to depress price, I'm
iron ami steel trade the strength deyci-
oDed has been notable and the confidence
expressed is striking i'm view o6-tho will
ingness of new buyers 90 Immediately
grant price demands Less complaint
about rain SIS heard from the south and
the quiet satisfactory trade accounts from
leading markets apparently reflect the
confidence in a large yield OF cotton which
has depressed price onc-qarter cent per
pound.
BUSINESS FAILURES,
Business failures in tho United States.
172 against l95 last week and compared
with 2iO in this week yc1r ago. go in
1895. 800 in 1925. and l93 I'm 1895.
The feature OF demand at western mar
kets this week has been the inquiry from
johbcrs of dry goods. clothing and boots
ana shoes. special activity being noted ac
CHICAGO, S. louis 81. Paul, Louisville
and Omaha.
GRAIN SHIPMENTS.
Wheat shipments for the week includ-
ing -four. agercsats 1858 il6 bushels. as
against 3oy sS bushels Inst week. 5fi9652
bushels in the corresponding week az 1897.
g. 2s0S4 bushels ln 1925. ISL 92S bushels ia
1890 and 84g0oeO bushels m 1874
Since July T. this year. the exports az
whnat aggregate 5.5l5 $50 bushels against
2f51 800, during tho same period last
year
Corn exports aggregate 2fS 13l bushels
against 3lq602l bushels 2,2 E2 bushels Boo
this week OF last year. 26l039 bushels in
1896 1l2l536 IN 1925. anf no 900 bushels Zoo
1894
Since July f. This ycr exports of corn
aggregate 22NIai bushels against 20 ,8s.-
3i5 hu heels last year.
Iiot weather has checked distributing
in Canada this weeks hut Montreal u-
ports an Improved distribution m ero-
cerlos cheese export. heavy and pr.cer
moving upward while Toronto looks Tor s
large trade the coming week ls 81 I.s.'.
OF the exposition at chat City. BuFlna.s
failures in the Dominion this wecl, NUM-
81 against % last week 90 in this week a
year ago, 81 IN 1896 and ~ I'm 1895.