Savannah morning news. [volume] (Savannah) 1868-1887, 1886-04-14
TRADE PROSPECTS.
An Immense Amount OF Business Being
Held Back

Held Back
PHILADELPHIA. April l2.-Au immense
amount Of business is being held back at
this time, and jobbers and manufacturers
of all kinds are anxious 10 yet hold Of It.
Telegraphic orders have been received for
the delay of shipment Of textile goods and
manufactured products OF various kinds.
The iron trade in Eastern Peunsl lvania
is not apparently effected by the agita-
tions, but orders are not coming i'm up
to expectation. Prices are firm through
out. as mills and furnaces are far over
sold, and will not feel any Injurious effects
for some little time to come Steel rails
are $50 in small lots, merchant iron 81.
nails 81 80, forge iron $l6 30, foundry $lI
to $40. But little foreign material is ar
irving.
CARPET MANUFACTURERS
The manufacturers Of carpet, hosiery,
dress goods, cloth and silks report a
steady and moderate demand for ali kinds
of standard goods, but the demand is not
up TO the expected limits. owing TO the
unwilliueness ofretailers to order heavily
at this time. Over S2,000.000 has been in
vested in silk mills within a wear and
further Investments will be made this
summer. Capacity is being extended in
this city for carpet making and among
the bingham mills. Tue clothing manu-
facturers are busy on fail samples.
Nearly all strikes in the textile industry
are over. The business ofthe spring and
summer will exceed last years. Wool is
declining in price and demand and for
eign receipts OF wool aud wooden yarn
are neaVy,
COMMERCIAL FAILURES
Commercial failures have declined this
year as against last in the ratio OF 40 to
"a. The number OF strikes is declining.
Provisions and cereals are declining in
prices. The industrial situaton is inn
proving. The authracIte coal trade is
still expanding under the permanent adj
justment of all differences. Petroleum
continues low and heavy. Export de-
mand is improving. The receipts OF lumber
| are heavy and Increasing and dstribu-
ton is equal to arrivals. Prices are firm
for white and yellow pine and hemlock,
and for the better grades of hard wood
are advancing under the placing Of
number Of large orders by dealers in all
Eastern cities. Production Will be ample
for all probable requirements.
THE STRIKES.
The labor situation east of the Missis-
sippi is satisfactory, aud but few strikes
need be apprehended unless they grow
out Of Southwestern complications.
DNlIAAAik UlttHblOUN UhNt Utt'A NUHNIuGltU
somewhat in New York Philadelphia and
some other large cities East, owing to the
increased cost OF building. At the same
time the architects are generally busy.
and repeat their previous statements that
the season will be one OF exceptional ac-
tiyity, in spite of the unfayorable cOndi-
tiOns referred to.
The Anthracite coal fields have been
running to their fullest capacity. The
~ lataNt frfl 1oa
no movement is made toward resumption.
The production of pig iron has increased
10000 tons per week within - months.
and prices everywhere are firm under the
! heavy consumption. There are large
withheld requirements for ship, boat and
car building and general requirements,
and when these are presented II is prOba-
bic that they will harden prices, where
hey at present incline to weakness.