The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-11-23
TRADE HOLDING ITS OWN.
BRAzIDs REVOLUTION NOT
CAUSE OF COMMOTION.

OAGoE oE OOA- ~ = AO~f-
Coffee Only One-eighth Higher for the
Week - Distrust as 20 Herrison's
Policy on the Silver Question -Ex-
ports and Imports Both Show an
Increese-The Weeks Failures
NEW YoEK, Nov. OR. 6. Dun & Co.'S
weekly review Of trade for the past week Is
as follows:
The Brazilian revolution has had surpris-
ingly little influence IS yet. Cofse is oaly
4 cent higher for the week. and the new
government appears 70 be 50 generally
sustained that apprehension Of closing
Of the ports or interruption
of trade has almost ceased But
it is possible that the money markets
were Indirectly affected 70 some extent
through Europe, where uncertainty con-
finues The bank Of England lost for the
week el.O5O, 900. and the bank Of France
$4,000 francs. Here money has been scarce
aud dull at times, light atPhiladelphia, and
decidedly close at Boston.
HAEEIsOS's SILVER POLICY.
Reports regarding the policy Of the ad-
ministration about silver have been as
sidu0usly used to create a feeling Of distrust
as TO the financial future. and in any case
the near approach OF the first session Of the
new congress would naturally have an IN
settling influence with some. Under the
circumstances the money markets have
been less disturbed than might have teen
apprebended and the volume Of business
has not been percepubly affected.
Clearings continue larger than year ago,
at New YORK By is per cent for the last
week, at Boston, Philadelphia ard Chicago
by ~ per cant, and at all points outside
OF New York by "a per cent. ale the
treasury has taken IN or the week - ,43O,OO
more than it has paid out heavy exports Of
domestic products give strong assura1 &c
that the money market will hardly be dis
turbed by demands from abroad.
EXPORTS AND IMPORTS.
The exports and imports for the month
thus far both show an increase OF about -
per cent, but as the exports exceeded tie
imports by go, 500 900 in November last
year, the comparison is most satisfactory.
The marketing Of crops and the movement
Of money from t1is city 70 pay for them,
have produced an easier situation at west
ern and southern centers, and while no
change is reported at Chicago, and money
is active at Z per cent. at Milwaukee. it is
at other poiuts reported distinctly easier, or
II ample supply for legitimate uses.
THE GRKAT INDUSTRIES
The great industries are making steady |
progress. though the sale Of steel rails a.
BE-, reported last week, was OF a small |
quantity needed for renewal ouly. The |
market IS strong. and pig and most forms |
Of manufs ctured iron and steel fully main |
tain previous quotations.
Cotton manufacture has been doing a |
steady business with firm prices, ard a 70 |
its prosperity evidence is afforded by divi- |
bends averaging 9.73 per cent. yea Iy on |
the thirty-three Fall River mills.
The wcolen goods business does not /
appear a. Boston 10 be improving 70 any |
great extent, and it Is now definitely settled |
that no advance over last years prices will /
Be attempted, but there has been moro |
activity in the wool market here at Phila-
delp1is, and st Boston, the sales at Boston |
reaching 300, 900 pounds, though at COLI
cessiOns, but stlu On transactions Of mag |
nitude.
Rubber was disturbed az first by fears |
that TIE supply would be cut of, but with |
new Para at ~ cents, apprehension disap- |
peared.
WHEAT LITTLE HIGHER
Wheat has RISEN y Of q cent, with sales
Of q. OO0. 900 bushels here. Corn has risen
only Il Of a cent, with sales Of $500, 900
bushels
Cotton is unchanged, with sales Of 4OS,- |
600 bales. The weeks receipts exceed LAST |
years by 1900, and the exports exceed |
last years by 1900 bales
Oats rose Is Of cent and pork products |
are higher, whils with sales Of 500, 900 |
bags, coffee has held only q Of cent Of its
advance.
The general course Of prices has been up-
ward, however, tie advance since Nov. / |
being about 4 per cent. on ali commodi- |
ties.
Accounts from other cities as TO the state
of business are almost uniformly Of tho
favorable character recently obs erved, and
embrace some items Of special interest. At
Chicago the dressed beef receipts are double
those Of last year, and IL provisions more
than double, while the dry goods trade still
quotes satisfactory results, with payments
easy in the country.
nSHEsoTA's LUMBER CUT.
The Minneapolis wheat market is very
active, and the lumber cut is put at 275,-
1000 feet. Trade Is satisfactory there
and at st. Paul, with improving collec-
tons
Business is improving at Kansas City,
especially in dry goods.
Pittsburg notes still better prices for some
forms Of manufactured iron; glass &C i've
and firm aud a movement OF 5000, 900 |
bushels Of coal down the river.
Philadelphia notes that though the cloth
ing trade is still dull because Of the weather,
acccunLs arc ReqeTally IN 1dlr shape.
In leather unusual activity for the season
is observed, especially in morocco and goat
skins.
On the whole the outlook remains faYora-
bic, though for the present monetary
scarcity, has depressing influence upon
some eastern points
The business failures occurring during
the last seven days number for the United
States PAS, and for Canada thirty-two,
total Of 81, as compared with 265 last
week.
ROYAL ARCH MASONS.