Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-07-30
TRADE SITUATION.
PEACE PROSPECTS GIVE MORE
HOPEFUL TINGE To OUTLOOK.
DEMAND FROM The WEST INDIES.
Shippers and CoartinG-Trade Inter-
ests Getting Ready to Share I'm It's
Expected Wfdening-signs of Fall
Business Ground-sweu.

NEW YORK. July 8.-Bradstreet's, to-
morrow. will say: While as yet showing
little actual effect upon distributive trade.
there is evidence that the improved pros
poets for peace, with probable wider
markets for American products. have
given a more hopeful tinge TO the trade
outlook. moro particularly at the East.
This Is reflected in active preparations by
shippers and c~oasting-trade interests to
share in the expected widening of de-
mand from the West Indies. AS for some
time past. however. reports OF solid
business returns come from the western
part Of the country, and in the markets
of that section are reported signs of the
g~round-swell Of fall demand.
Signs of cumulative improvement come
from the iron and steel Industry. moro
particularly from west Of the Allegha-
MES. where slight advances in price, ac-
companying a good volume OF domestic
and export business. are reported. Ex-
pected activity in ship-building is re-
fected in the demand for plates at east
ern points. A rather better tone is found
in the anthracite coal trade, in which.
as the result OF another one of those
numerous "gentlemen's agreements"
prices have been advanced at the West
from previous low cut rates.
THE CEREALS.
The situation in cereals is hardly as
satisfactory as could he wished, cash
prices being lower for the week, in the
face OF worlds supplies on August lst,
probably record-breaking in smallness,
and good exports from this country, while
futures are less depressed, but exhibit the
pressure Of expected liberal supplies at
homo and heavier crops abroad.
The sugar markets remain dull, and
stocks of refined in the channels OF dis
tribution are reported small. Raw sugar.
however remains featureless, perhaps
waiting a closer approximation as to the
effects Of recent or imminent changes in
territorial authority upon the sugar trade
of the world.
The textile manufacturing situation is
as yet a rather clouded one, O. shutdown
Of print-cloth mills being regarded as
probable in another effort to restore the
list-balance of this trade.
Woollen goods are still slow of sale.
while the relatively low range of wool
prices at eastern markets. and the i'm
proved inquiry by manufacturers, a
stifened values, with the effect of dis
couraging sales.
COTTON.
Raw cotton is firmer, on reports OF ex-
cessive rains. affecting crops.
Cereal Exports still continue of a salts
factory volume. wheat shipments for the
week flour %included) aggregating 2,271,S12
bushels. as against 2.30S, 469 bushels last
week, and compared with 2.34S.02 bushels
In the corresponding week Of last year,
2,64S, 76S bushels in the week of 1886, 1,460. 9l7
bushels in 1895, and 2,977.9 57 bushels in 1894.
Since July LIST this year. the exports ag-
1.214a $40 bushels. against $500 O
last year.
Corn exports aggregate 2,e01 .S2i bushels.
against 2.S22.12s last week. l4S2.7 l5 in |
1887, 1,495. s12 bushels In 1896, 594. So in 1885,
and 1900 I'm 1894.
Business failures In the United States
remain at a normally low point. aggre-
eating DOR the week, l@, against 164 last
week.
Business failures in the Dominion of
Canada for the week number 49, against
IL last Ueok |