The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-10-11
TRADE STILL IMPROVING.
PRIcRs OF COMMODITIES SHOW A.
SLIGHT ADVANCE.

Holders Discouraged by Dullness Of
specuiation-Good Business in the
south-Breadstuffs Advanclng-The
Great Industries Still Busy-Foreieu
Trade Satisfactory - The Weeks
Failures
NEW YORK. Oct. 10-The weekly circu-
lar of K. G. Dun a. Co. says: Business in
all branches shows Improvement and specu-
lation in breadstutfs is strong, but the stock
market has been liquidatng and quota
tions have declined. The street is no longer
barometer, and the industries and trade
Of the country pay no attention TO the stock
exchange.
Prices OF commodities are shade stronger
than week ago, grain and oil having ad-
vanced, with many kinds Of manufactured
products, but the general advance since
Dot Is not quarter of one per cent as
yet.
The movement of commodities is heavy.
The money market is nowhere a source Of
embarrassment, and the fealing of cohf-
dence every where increases, but the absten-
tion OF the public from stock speculation
discourages holders and brokers, and the
declarations OF Presdtut Walker of tho
presidents association is disheartening as
to the present. though construed as evil
dence that efforts for strong combination
will DO made at the Bunk Lane presidents'
meeting Oct. 4.
GOOD BUSINESS IN THE SOUTH.
Trade is improving at jacksonville, and
better at Savannah. At southern seaports
generally the outlook is bright. the move
ment OF cotton being remarkably early and
large.
The great industries are gaining, In
spite of the enormous output of pig iron the
tone is stronger at Philadelphia. Min iron
is 70 cents higher. Consumption gains and
until navigation closes, increasing strength
is expected, bar, Sheet structural and
wrought pipe works being crowded, trade
here is weak only In mill and Bessemer iron.
but with no pressure to sell.
Wool Is moving largely at better prices as
Philadelphia and Boston
BREADsTUFFs ADVANCING.
Breadstuffs have been advancing in spite
OF small exports, which fall far below last
years as yet. Wheat has risen BIZ cents for
the week on sales OF 30, 900. 600 bushels here,
and corn nearly cents ON sales Of 10, 0,000,-
900 bushels. Oil has risen cents with In
significant dealings, and coffee is quarter
lower, the present range of prices being de-
corously described as STRAINED"
-rinssplates are higher though the new
demand Is moderate, and manufacturers in
this county had actually begun to turn out
plates before the tariff bill was signed.
Lead Is scarce at IS so and the effect OF the
Mexican decision is said to be seriously felt.
FOREIGN TRADE SATISFACTORY.
The state Of foreign trade 10 fairly satis-
factory for, while exports of grain are
restricted cotton moves largely, though the
value OF exports last week showed q decline
in comparison with last year.
Stocks showed sharp rally this MORN
ing, which was natural after such q season
OF weakness. and the hope is now prevalent
that some new action by the railroad pres:-
dents next Tuesday may lead to a more
harmonious and profitable management.
The number of failures for the week in
the United States is 1856, compared with 1872
for the same time last year.