Savannah morning news. [volume] (Savannah) 1868-1887, 1886-09-20
TRADES PULSE.
The Demand in Every Industry
EQUAL TO the supply.

Equal to the supply.
PHILADELPHIA, Sept. 16.-Orders are
arriving into IRON and steel mills for all
kinds OF material at full prices, and mills
are run day and night. The car works
car wheel and car axle works and locomo-
tive works-have at least three months
orders ahead. Railroad builders will COM
pIete 1000 miles of road this month.
steel makers have orders out for 2O,OOO
tons foreign blooms, but prices are too
high. Rail mills took orders last week
for $4,000 tons, and many apprehend
general advance in Iron and steel.
BOOTS AND SHOES.
The boot and shoe makers are over
crowded already. and all through New
England factories are running except
where strikes exist. Manufacturers are
more impatient under union dictation,
and 5000 employees of tanners will be
locked out at the end Of this month.
Leather is active and advancing. Wool
is high and active.
TEXTILE GOODS.
Textile goods manufacturers, from silk
to cotton goods, are in receipt daily Of
large orders from jObbers. The sales from
jobbers ia extraordinary. Silks are SELL
ing rapidly. The clothing houses and the
cloak and suit houses are oversold. The
hosiery mills are slack on low grades. All
kinds of carpets are picking up, and the
textile goods manufacturers will have no
idle time or capacity. Prices are firm in
all directions, but will not advance much.
BUILDING MATERIAL ACTIVE.
Demand in every industry is fully up to
supply. The rapid construction OF houses,
shops and mills IS keeping all kinds of
building material active. Nails are plenti-
ful AT 50 at factory. All sorts of building
lumber is plentiful but firm In price.
Whi1e pine Is not over plentiful in East
ern markets. Lath ana shingles are
scarce. Yellow pine is arriving at all
Northern ports, and the abundant hard
wood supply is all used up as 1t comes.
Prospects are bright.
THE ANTHRACITE OUTPUT.
The anthracite output for October will
be 8, 800, 900 tons. Cars are scarce at
mines. also scarce for lumber and iron,
and all car works have as many orders
rs they can handle.
IN MANUFACTURE AND COMMERCIAL
CIRCLES
there exists considerable apprehension
that we are threatened by another over
production disa Ater. which will follow
an advance in prices should 1t be made.
Two years ago it was asserted the coun-
try had enough machinery and manufac-
turing capacity to supply In SIX months
what could ba used in twelve. Since then
vast quantities OF machinery have been
added, productive capacity has been in
creased one-fourth, machinery makers
are to-day OvercrOwdrd with shop work
as they never were before, and demand
ia hammering at the back door for haste
in the fulfillmenG of orders, nineteen ne "
blast furnaces building, and thirteen
rolling mills, and all the great mechani-
cal establishments for light, heat and
power of all kinds are up to their chin in
orders. The economist who have been
/ trying to do the thinking for the people
have been mistaken and business Is now
crowding in faster than ever.
THE CROP REPORTS
| are uniformly favorable. Extensive
mining and railroad operations are pro-
jected, and heretofore idle capital is now
| seeking employment. Exports are in
| creasing in sereals, provisions and manu-
| featured products. The financial sItua-
ton remains good Money is at present
| abundant, but with an increasing de-
mand for 1T; without an increasing sup
| ply stringencv Is possible, which Will
| catch thousands of borrowers without
| convertible securities. This Is the only
probable danger ahead OF US. A great
| deal OF borrowings going on, aud mort
| cages are increasing IN number. Money
| lenders see the DRIFT, and are preparing
| for a possible strlngeucy.
Railroad traffic and earnings are in
| creasing, and the volume OF commercial
! business is increasing.