Daily press. [volume] (Newport News, Va.) 1896-current, 1898-04-23
- 49, - "
WHgRIE ftRvaHW sos TRADE.


WAsKT.E THsN'insW Ds THlArEE.
Business Somewhat Contracted on Ac-
count of the War.
(Ey TelegTaph.)
NEW YORK, April Pr. G. Dun d
COS. weekly review OF trade VIII say
tomorrow:
The war is no longer 10 be avoided
anu business is somewhat contracted
by bankers apprehenslolls. There Is
no excuse except want Of nerve for
earnings have been 14.3 per cent larger
ctan last year for the frs, half Of ApilI
and AS per cent. larger Than IN ls'2,
with railway tonnage eaSt-b9lnh IRON
Chicago about 10 per cent. larger ;fah
in 1892. Neither are clearing house
ira rsactons gloomy. The weeks pay
men.,s were $50 per cent. larger Than
last year, and i.3 p.r cent. larger thd!
in 1892.
In no aspect can the wheat market
be conSideied without finding just &C.
casion for u material advance in prices
which has been I.5o cents for the week.
The exports from Atlantic coast
ports have been 3,1Si. 300 bushels, ilouI
lnciuded. against l.l9n.342 ID, year,
and from Pacific coast points i3a,6S6
bushels, against $3.50 last year, max
ing for the three weeks Of Apr! S3S?,-
1872 bushels from Atlantic ports against
3,5S3.1TO bushels last year, and IRON
Pacific ports 2,52y.62S bushels against
1881 for the same time last year
Exports of corn during the same three
weeks have been l1.Si0,lSS bushels
against 10.221. l5l bushels last year.
which is strong evidence that the de-
lnand for wheat is III no sem c flctl-
tlo us.
The enormous iron production does
not diminish and the demand for mn
ished products is heavy.
No decrease in price appears ana the
production continues practically IN
changed at the hishes; point ever
known, although III Eastern markets
the output is considered soilivw nat
in excess of the supply. Copper IS
strong with heavy demand f"r con-
sumption. ..I.= -. .
In woDiens, the heavy cancellations
recently reported prove ~ be IN large
meas ure requests for deferred deliver
les, but q better demand has been
seen during the past week. i'll some
quarters on uccount of large govern
.nent orders. In cotton goods the re-
sumption of work by several Aarg"
mills has increased the output ana
the demand does not appear 10 have
diminished.
Failures have been 20A IN the United
States uguinst 2lS last year, aud y
i'm Canada against u l;u-t year.
BkADST Rect
NEW YORK. April - -Bradstreets
tomorrow will say: m."
General trade and speculation this
Week have exhibited most Of the char
acterisidcs which have become popu-
larly associated With the hear approach
OF hostilties. While there is reported
a further Quieting of distrlDutiNe trade
traceable almost directly TO anticipated
Warllke conditions, there is u lack Ut
regularity even in the reports from
those esntreS which serve to show
that now that the uncertainty so long
prevailing has been dtA- PEELED. trade
conditions are being shaped TO the new
order of things There is consequent
ny greatly increased activity in many
special lines at THE seaboari accompa-
ried by excited markets ana heavy
price advances. While trade in the in
Terror sympathiZes TO certain extent
with this price movement there is stir
a perceptibly good trade reported en-
,'rely ouuide of this which serves te
prove that the prospect of war has
as it has on the coast. In CONNER
cinl ines this week much interest a|nt
activity has been manifested in fht
speculative and actual demand ,i f4
leading staples. such ug :l mos, r,ri
oae :.,y 1i9u !sfind cotton. a reflection OF
this active demand which had it's rise
so far as wheat and cotton are con
cerned, among foreign buyers VIII,
wish to anticipate any possible inter
ruption OF supplies, is found in tn
of prices, which for the fins
time for many weeks past shows
general upward tendency.
tJ>r,v I'm, ND ia
is directly traceabue to war influences
as they do either q desire OF
the part Of domestic buyers to pro
tect themselves against any poSSlb!
OF supplies or the Anulcl
pated levying of taXation to meet tn
increased ouul'ayS OF the government
Careful search among the quotation
for staple products fails to reveal an
important decline in prices outside .
a fractional marking down of stee
billets at some markets. Tho chez
to export trade at some ports, notab
a. the South, is reflected tempo
ri.y. The total shipments of whea
ttlour included) this week, aggregat
], 223, JOG bushels, against 2525. 302 bush
els last week, 1854 SOS bushels in thi
week one year ago, 1,2S60O0 bushels il
1896, 2.43l 900 bushels in 1898. and g
72700O bushels in 1894. Corn exports
This week aggregate 3.363000 bushels
against 1864 eO bushels last week, 4,
10000 bushels in this week a Year age
and 9Sl 900 bushels in 1896.
There were 224 bushes failures in th
United States this week, against p
.ast week. PIG in this week year age
$40 in 1886 and 223 in 1886. Bu,.ines
failures in the Dominion of Canad.
for the week number IL, against .
last week. - in This Week one yes,
1870. and 81 in 1896 and 80 in 1896
PAPA,S ENCOURAGING TALK.
Miss Wilkins" said he, II me
your father at luncheon today, and W
had long and confidential talk"
A glad light came into her big, soul
full eyes. says the Cleveland Leader
and in a low, happy tone she asked
Was papa in a pleasant unood?"
Yes, he spoke very encouugingl.
to me-"
For long time she was silent. I
was evident that she expected him t,