Savannah morning news. [volume] (Savannah) 1868-1887, 1885-11-27
rae INDrsrR1An tENrREs.

Great Activity and Improving Prices
PrevailIng-tn Active winter Ahead.
PHILADELPHIA. Nov. 26.-EYery trade
indication this week points to hrmer
prices In all LEADING industrial products
on account Of q steady incoming Of or
Gers for the winters demand. Trade
com binatlons have been strengthened
and new combinations have been created,
in three or four Industries, wnere they
did nor exist before. Manufacturing m
dusiTiss are end, 3vOriDg TO Dring DacS
prices TO normal limits, and will prOba-
bly, succeed in establishing 10 per cent.
higher prices durinc the wi-ter than pre-
vailed during the sumner. The reasons
for this reaction arc, first the general adj
vance in the rate OF wages, and advance
10 nearly all kinds OF raw material, when
IN conjunction with the curtailment OF
production, and the cautious policy of
buyers IN stocking up during the last
twelve months, are combined to make
prices batter and demand stronger for the
rest OF the fail and winter These are
IHE, GENERAL CAUSES NOW AT WORK.
There are a number Of minor influences
cooperating to improve, demand and
strengthen prices. chief OF which is the
confidence that is found TO exist every
where in the future improvement Of
trade. The opposite view of the case can
be stated briefly. viz: that the product
i've cabpcity in all the industries is act
ually larger than existing or 3robable
consumptlve demand, and that if that ca
pacity is pushed TO It's utmost, reaction
IN prices will naturally set in in time to
effect prices in the spring. great many
manufacturers are cautious about taking
spring orders at present prices, being I'M
a q n a
terial such as iron, steel, wool, leather,
lumber and other material. In other
branches of trade something akin TO
specu alive tendency is observed; for in
stance, tanners and wool-growers are
holding stocks for better prices.
IRON AND sTEEL-MAKERs
are working only on orders IN view OF
advancing prices. Railmakers are sold
up, and are declining in several cases to
quote prices for the spring or summer
delivery, and for inquiries for large lots on
their own terms. A few makers have adj
vanced prices in some cases Dealers in
hard woods are refusing TO shade prices
to large buyers for winters supplies.
Manufacturers OF cars of all kinds, par
ticularly of freight cars, have recently
placed large orders running into 1000 or
5000 cars, and are sufficiently supplied
with orders to lead them to discontinue
therlOw rates, which brought in the Dusi-
ness now in hand. The locomotive max
ers have secured large orders, but are not
running beyond 80 per cent. OF the capac-
itv, taking the entire locomotive capacity
into account. Ralmakers are three or
four months ahead. The pipemakers are
crowded with orders.
THE NAILNAKERs
are unable to supply the pressing demand.
t'rnT q MI hD cfFil- "a
will continue. as the rush of fail trade is
over. The plate and sheet mills are fairly
busy. The sash and blind manufacturers
expect to form a combination by which
prices will be advanced 10 per cent. The
boot and shoe manufacturers are recelV-
ing orders for spring in a restricted way,
but when the time comes to place orders
large amount OF business will be Sc
cured, sufficient to run all the capacity
full time.
CARPET MANUFACTURERS
are repairing and improving plans, and
will act together tor higher prices on or
binary Brussels and ingrains. Every in
dication is favorable to either steady or
advancing prices. under the healthy con-
ditiOn Of the country at large.
There are rumors OF strikes among coal
miners, particularly in the anthracite re-
giOns, but it is probable that this will be
avoided by timely concessions on the part
of the producing companies, who have
large contracts in hand and who are I'M
able to permit suspension Of production.
THE COAL FIELDS.
The bituminous coal fields OF Virginia,
Maryland. Pennsylvania and Ohio are
producing heavily, and orders from manu-
featuring. railroad and other sources are
increasing every week, but prices are but
little stronger than during the summer.
The sanguine views presented are based
upon the facts as they exist at the present
time, vet it is not beyond the limit OF
probabilities to find a slight reaction de-
voloped during the winter. because of the
undue anxiety Of consumers of all kinds of
raw and finished material to stock up
heavily. This is due to the vigorous fall
trade, through which the country has Just
passed, and to the confidence thereby
generated as to the character of the COM
ing spring trade. Railway building will
be prosecuted much more vigorously next
year than this, and from the Improvement