Savannah morning news. [volume] (Savannah) 1868-1887, 1885-11-10
DRIFT OF THE MARKETS..
NO DiminutiOn in the Industrial Ao-
fivitY of The CnnntrY Noticeable.

40 DiminutiOn in the Industrial Ao-
tivity OF the Country Noticeable.
PHILADELPHIA, Nov. On o perceptibe
liminut.on i'll Industrial activity is to be
recorded this week IN any part of the
country. Here and there q single indus
try is less actively engaged than within
few weeks. bur taking the industries as
a whole, as much labor is employ ed, and
as much production in value is made
from day 10 day as at any time during
September or October. The confidence
which the active fall trade has estab-
lished is inducing manufacturers in most
lines OF industry to continue production,
in the belief that orders will come TO hand
from week to week to absorb current pro-
duction.
IRON ACTIVE.
The iron trade is quite active in all
branches. and mills are now as well sup
pied with orders as they have been at
any time for twelve months. There is
particular activity In steel rails which
nave advanced SOC. per ton within a week;
in wroue hit iron pipe, which is very firm
in quotations under a very heavy de-
mand IN nails, which are hard to Aet at
any price, a in sheet iron, in which
mills are wei sold up to the end of the
year. The d mand for merchant bars has
developed this week, While III pig iron
there is here and there a scarcity for first
class brands. In common bars the sup
ply is abundant. The bridge builders
have lever orders ahead. but there is no
idleness in any works, and inquiries are
In hand this week for December and Jan
uary requirements and tirmer prices will
be named. The iron and steel manuiac-
tuners have nothing of which to complain
but low prices.
COAL IN GREAT DEMAND.
The coal trade is extremely active in
both anthracite and bi luminous chan
neis, and fur her advance is probable
Dee. in manufacturing and domestic
slzes. Consumers are stimulated TO
make heavy purchases in view Of the al.
vancing tendency apparent in both east
ern and western markets. The bitum-
nous coal fields OF Pennsylvania, Mary
Ian and w - Virginia are being freely
worked, although in no instant Is the fun
capacity employ ed.
AN ADVANCE IN LEATHER.
An advance Of from one to one aud a
half cents per pound has been made in
nearly all kinds of leather, and manufac-
turers of boots an1 shoes are placing or
ders for winter and spring requirements
with prOmptness which points To n still
JuFbueE ADVANCE. hlueS are In limited
supply, and tanners and holders OF stocks
are encouraged to hold for still better
prices. In view OF the active trade which
manufacturers generally believe will be
presented In the spring.
LESS DEMAND FOR WOOL.
No further advance has taken place in
the Atlantic coast or primary wool
markets. Tue demand mas fallen OF
materially within a week. Msnufac-
turers have supplied their pressing re-
quirements, aud are unable to pay higher
figures without advancing quotations on
next springs supply, which they are UNI
willing to do al present.
LUMBER QUIET.
The lumber markets are devoid of in
terest, the only matter 10 be reported be-
Ing stocking up for winter requirement
from all quarters. The prices during the
winter llldepend altogether upon he ex-
tent OF the demand. on which it is impos-
STOLE to make any reliable predictions at
present.
CARPETS LESS sALEABLE.
There is a sight lull in the demand for
carpets. Business IS urgent in all the
hosiery mills. and no stocks are accumu-
lating. Wool aud warns are firmly he'd
The demand for knit goods is unprece-
dentt d. The demand for clothing has
slightly fallen on, with the exception of
duplicate orders for the winter. Manu-
faciurers are preparing spring samples,
and dealers are looking forward TO a very
active spring trade.
A McCl Memorial.