The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-19
BUSINESS FAIRLY GOOD.
A GENERAL ADVANCE IN PRICES
EXPECTED.

Speculation extraordinarily Active.
An Increased Volume of Business
TRANSACTED - The Iron Trade Still
Depressed No Serious Monetary
Stringency and Collections Gener-
ally Good.
NEW YORK, April 1S-R g. Dun a.
Co. Is weekly review of trade has the follow
ing:
A season Of extraordinary speculation has
set in. While helped by some considera-
tions affecting the supply or demand for
products, such as injury to wheat, it is
mainly the result of the proposed silver leg
islation, which is expected to expand the
monetary circulation enormously, and to
lift prices at once. Grain. pork products,
cotton and sugar advanced, the latter in
spite of the proposal to remove the
entire duty, and spruce lumber also, in
spite of the rapidly increasing interruption
of building by eight hour strikes. The general
average of prices for commodities has adj
vanced eight-tenths of l per cent in week
and IL per cent. in three weeks.
STOCKS STRONGER.
Stocks have also been stronger, and re-
ports of trade. which are influenced rather
by the prices at which goods are sold than
by the volume of business transacted, are
uniformly more cheerful. At the same time
there is continued evidence of an increase
over last year in the volume OF
business transacted. There Is not a
trial condition. Wool has been frmer at
Boston without change in price, and very
dull and inactive at New York and Phlla-
delphia. In tho goods market no improve
ment IL seen, and expectations based on
proposed changes of the tariff are partly
neutralzed this week by the decision
against the government In the worsted
cases. Cotton manufacture does not thrive
better, for the advance in material, with
goods unchanged In price, and print
cloths only 3.3 cents for Gas.
The boot and shoe industry is clearly
thriving, and leather and hides are both a
shade flrmer and in more active demand.
Unless labor troubles end more speedily
than is generally expected the demand for
lumber, brick and all other building mate
rials will be restricted.
THE IRON TRADE DEPRESSED.
The iron business shows no Improvement.
and sales of southern No. at SIT here are
reported, with northern quoted at SIS. Ia
steel rails large orders are pending, and it
is thought that they can be placed at $50.
Bar iron is dull and depressed.
Substantially allireports from other cities
give an encouraging record Of the state of
business. 1t is especially noteworthy that
there is no serious monetary pressure any
where. This state Of facts, and the general
improvement in collections deserve notice at
time when congress is contemplating larger
monetary supplies. Here the rates on call
has declined from AZ to per cent, and
foreign exchange from 81 S7sl to $4 S71S.
The treasury has nevertheless taken in
IS, 100. 900 in excess of disbursements, just
the sum that is put out the previous week.
MARCH EXPORTS.
Exports Of products In March appear to
have increased fully per cent. over last
year, and probably exceeded the imports
by $5, ,000,00O but thus far in April the ex-
ports have fallen about 10 per cent. below
last years at New York, while imports
show an increase of 1214 per cent. 1t is
probable, however, that some foreign buy
ing of securities has occurred of late.
The business failures occurring through
out the country during the past week num-
Der for the United States l81, Canada 80;
total 214, against 200 last week.