The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-08-09
TRADEGOODFORSU
REPORTS FROM ALL SECTIONS
CONFIDENT IN TONE


Wool More Freely Fought and a
Further Decline Not Expected-Cot-
ton Goods Moving Fairly-The Hides,
! Leather and Footgear Markets Buoy
ant-Ihe Crop Outlook Poorer.
NEW York, Aug. s.-R. g. Dun & Co. s
weekly trade review, issued to-day, says:
The present state Of trade throughout the
country appears satisfactory for the season,
and the reports are almost uniformly con-
fdent in tone. Boston notes little change,
but belief in great activity. Wool is more
/ freely bought The sales foot up SAL 900
pounds and a further decline is not ex-
1 pected, as quite liberal orders are coming
for light weight goods.
Cotton DDS move fairly and the
suspension Of the print cloth works is hay-
ing L G desired effect.
The market for hides, leather aud boots
and Shoes is buOyant. Philadelphia also
noted unusual activity IN this department,
and brighter outlook in paper and print
ing, with the groceries trade exceedingly
large; but no improvement IN wool and
scanty buying of cotton.
CHICAGos HUSTLE.
"Chicago reports a much larger move
ment of cattle and hogs. The wool receipts
fell off a third and hides a quarter, while
the sales Of dry goods and clothing are
larger than last year, with prompt collec-
tons.
st Louis notes strong trade in nearly
all things, Omaha and st. Paul good trade
and Milwaukee improvement. At Mime
apolis lumber is good and -four stronger. At
Detroit trade is equal TO last year and at
Cleveland satisfactory, excepting that
freights are dull and depressed from an over
supply Of ships.
Gas and coal are inactive at Pittsburg
AID iron Is stronger.
THE CROP OUTLOOK.
The crop outlook on the whole is less
promising. Chicago reports that the hot
weather is cutting off the yield. In other
reports there is evidence of irregularity
st. Paul notes excellent prospe us. st.
Louis reports corn suffering, and Milwaukee
great need for rain. In the South valley
states too much rain threatens cotton
Iron ore IS inactive and weak at Cleve-
land, but is in better demand at Pittsburg,
where the demand for finished iron is ex-
cellent. The plate and structural mills at
Philadelphia are crowded and prices tend
TO rise. At New York actual quotations
for pig iron are some weaker, and southern
No. is quoted at s17 and delivered in New
England at sl7 80.
WOOL LITTLE HEAVY.
Lower prices are reported for wool, and
depression in the manufacture OF all wool
goods in the belief that the delay of the
tariff bill aud heavy imports will prevent
improvement this year. A fall of % per
cent. abroad threatens great supply of
cheaper goods, if the proposed change Of
duties fails, and producers hesitate"
Copper is slow. Tin and lead are dull
The outlook depends largely upon the
extent of the injury to crops, the action of
congress as to duties, and foreign comph-
cations which affect the demand for gold.
The new Argentine government may stop
the new demands for gold f,om that quar-
ter, and the banks of England and France
gained in gold last week. The domestic
exports continue small.
Better prices came on the stock exchange
Friday, but the trouble between shippers
and trunk lines as to east-bound bills of
lading is not settled.
1.-The business failures of the week number
for the United States 179 aud for Canada
20, a total of POS, against 1S9 last week.