Savannah morning news. [volume] (Savannah) 1868-1887, 1886-04-20
TRADES PULSE.
Ehe outlook in Many Branches as Seer
from Philadelphia.

4AC OAbAOOA III Many branches as seen
from Philadelphia.
PHILADELPHIA, April ia large
amount OF merchandise is piled up in New
York, Philadelphia, Baltimore, and some
few interior cities, waiting shipments to
points throughout the West and South
west. The volume of spring business was
clipped rather short by the strike in the
southwest. On this account anticipa-
lions are INDUCED in by jobbers and man
u~tacturers that an early settlement Of it
Will bring some delayed demand. Prices
In all branches of trade are held very
firmly. II any reaction is to take place,
1t Is the policy of the manufacturing and
Jobblng interests to delay it as long as
possible. A year ago competition was
more severe and greater anxiety was felt
TO share the limited volume of business.
The larger volume this year, with an in
creased price OF material, a exercised
a conservative influence in trade and
Industrial channels generally.
THE IRON TRADE,
The iron trade is holding its own. The
production has increased 10000 tons in
pig iron, within a year.. Several new
blast furnaces are to be built. Rolling
mill capacity is to be increased to a small
extent. Lower iron and steel quotations
are improbable. Nails are 50 % to 50 80
and demand active. Wrought iron pipe
mills are oversoId. Steel rail mills are
booking orders for the fall at $35 to $3.50,
but little foreign iron is arriving. Con-
tracts were placed this week for SO, ZOO
tons Of foreign material.
CLOTHING MANUFACTURERS.
The active season among clothing
manufacturers, hosiery and dress goods
m nnnfoof1rrn ig ah0rtf Ouor h1f Ill ~ tile
are running full time, intending to stock
up goods for the fall trade, which every
one in New York and Philadelphia seems
to think will open up sooner than usual.
The cOnsumptive capacity of the country
has increased largely within six months.
The strikes are not lessening IT, as the
labor of the country is nearly all absorbed
at good prices, and an improving demand
is counted on by all dealers and manu-
facturers.
WOOL DECLINING.
Wool is declining in price and but little
is selling in Eastern markets. Western
holders are not crOwdlng in stocks. Large
arrivals of foreign wool yarn and wooden
products are helping to prepare the way
for a depression in prices.
The carriage and wagon manufacturers
of the New England and Middle States
are buster han they have been for three
years.
The demand for all kinds of machinery
for the West and South is heavy and ma
chine shops are making full time, though
in very few cases are their orders for de.
livery beyond so days.
LUMBER RECEIPTS.
Heavy receipts of lumber have arrived
at Boston, New York, Philadelphia, and
Baltimore ports this week, mostly of white
and yellow pine. Prices hold firm. The
building demand is extraordinarily heavy.
: The labor strikes throughout the New
England and Middle States are practically
over A great many petty disputes are
constantly arising, but the bulk of labor
is satisfied with wages and shorter hours
of labor to 90 into effect May l. The BIZ
luminous strike will continue for some
weeks, and create a greater scarcity OF
cOalin Eastern markets. The anthracite
production is 100000 tons per day.
IRON CAPACITY.
In spite of the dullness in the iron trade
u great deal Of capacity is TO be construct
ed this year. Three or four blast fur
naces, embodying all the latest improve
ments, will be erected, and in PennsYlva-
MIA, Ohio and Illinois rolling mill capacity
will be increased, in view Of what manu-
facturers are inclined to predict, the com
ing of a heavy demand. The Western and
Southern markets are charging. A great
deal Of machinery is under contract for de-
livery in these sections, and their pur-
chasing power is gaining steadily.