Savannah morning news. [volume] (Savannah) 1868-1887, 1886-01-20
TRADE PROsPECTS.
Manufacturers in Every Line Confident
of Future Prosperity.

of Future Prosperity.
PHILADELPHIA, Jan. 1S.-W ithin the
past week or ten days several manufac-
turers associations and railway com
panies have met for the purpose OF putting
up prices and freight rates. The steel
makers met some ten days ago, the iron
makers OF the New England and Middle
-tates last Wednesday. the national
wrought iron pipe association en- Thurs
day. the national ire brick association
meets tomorrow, and some six or seven
other national associations viii meet this
week TO talk over trade matters and
strengthen their organizations for A
further advance in prices during the
coming season.
ENLARGING THEIR CAPACITY.
All industries are preparing to enlarge
thor producing capacity, as we'll as pro
ductjon. some l0ng-he&ded manufacture
ers are already predicting that the foun-
dauoHs will be- laid this year for de-
pr ~ ION i'm 1851. because OF the anxiety u
producers Ia ali avenues OF activity TO do
a heavy years business and make up for
the depression ana low profits OF the past
two years. Manufacturers are purchas-
lug FOR forward requirements. Every one
is pleased with the present conditions
ami prospects. aud Is driving ahead hl-
iue orders. Steel rail makers are content
to sci at $50. Rolled IRON mas been ad-
vanced s. per ton.
CRUDE IRON FIRM.
AL kinds of crude iron is steady but
firm. The manufacturers Of sheets. plates
aui bridge iron have a good winters work
secured, and in general the prospects for
healthy iron trade are all that can be
deSirs d.
Tho railroad rnaraoars of tho t~-t~t
lines are preparing for general advance
in freight rates, which will be- followed bv
CORES pondlug advances I'M " estern con-
neCti0us, and also by southern pool roads.
Reckless competition IS going on be-
Nv een the Anthracite comDau les. especial
~ in New York. and st present writing
the prospects for q compact organization
for 1856 are unfavorable. Prices are soc.
per ton below what they were l. months
ago, and each company is graspng for
large contracts at declining prices. The
bitumin0ns operators are doing nothing
as yet, but are in position TO offer bitter
competition TO the anthracite interests
when the season opens.
But LITrLR LUMBER ARRIVING.
But little lumber is arriving from the
Northwest or South. and prices are firm
for ] kinds under the distribution OF re-
tan requirements. Heavy supplies Of
hHd wood VIII be shipped as soon as the
weather permits both from Southern and
Western States. The architects Of New
\ ork, Philadelphia ard Boston were never
buster at this season than they are now,
aud they have work on hand which viii
continue throughout the summer. A
larger amount Of capital will be invested
this year for manufacturing establish
Dients, residences, large and small, and
tor municipal ana public buildings The
higher prices realized are stimulating in
YestOrs TO Chis course.
TEXTILE MANUFACTU RERS HOPEFUL.
The textile manufacturers predict an
unusually successful year under the dis
Iribution OF all kinds Of textile products
Travelling agents are already sending in
liberal orders from the West. The hosiery
mills OF Philadelphia are working full
time with few exceptions, and all carpet
mills are crowded.
The heavy etiux of the negro population
from some OF the Southern states promises
to create scarcity OF labor, and the
manufacturers in some sections OF the
country are already taking steps 10 Sc
cure white labor from the Northern states
and abroad. The manufacturers Of tex
tile machinery have within two weeks re-
ceived several large orders for cotton mill
machinery TO be put up in South Carolina
and Georgia.