The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-05


proximity to the various railroads aud river
New railroads are in progress Ct building. others
are IN Contemplation. and during the coming
year our dry goods Jobbers will have new fields
ope1 TO them. and t1ey will not be slow to oc-
cupy them. and make these new fields tributary
on the various railroads, aud the splendid
service Of the ocean steam line to
ALI points north, we have an advantage over
every city IN the state in raUs of freight and
quick transportation, and are therefore able to
compete successfully with the largest clothiers
In New York, Philadelphia or Baltimore for the
southern trade, and much more With interior
cities Of the state. Savannah has ecoue the
great commercial city Of the south in the who q
sale dry goods and notion line and those who
nave not as yet trie this ulsrxet for this line
OF GOODS rad better turn their atention tins
way. They will ind it to their interest to be-
come acquainted with our merchants aud in
spect the stocks that are carried In these llnes-
WOOL.
The past season has been quite good one for
the wool pr .ducers. but not for the purchasers
OF wool. The season opened at BE per pound,
and steadily advanced until 234c bad been pala.
at lcn figure a great. deal of wool was ao-
soroed by the middlemen, who are in very
bal position just now. with large holdings on
their hands, as the discussions and uncertainty
regarding tariff legislation have caused the
marAet TO drop, and PRICES are quoted at 2215c.
In anticipation of the passage or the Mckinney
DILL all the eastern manufacturers have loaoed
up with foreign wool enough TO keep them go
ing for six months or more, and, as result, II
Will take some time for the middlemen to get
out, aud it is doubtful if they save themselves
from heavy losses This market has lost
heavily in receipts of wool. caused by the
diminished number of sheep and by the close
competition of peighboring cities. which were
heavy buyers in the early part OF the season
This. however, caused the producers to ENJOY
remunarative business from the competition.
and they are the best off of all those Identified
with the trade thus far.
HARDWARE.
In the hardware trade there was very fair
business done during the past year, the increase
in volume being about 10 per cent. This in
crease was due TO active and persistent drum
ming of trade, and by tae opening up of new
territory along the lines Of the new railroads
To cover this new territory il was found neces-
sary to put more men on the road
The demand for agricultural and mechanical
i'm IMPLEMENTS was quite steady throughout the
year, caused by the increase in the cultivated
area, the d.verSification of the crops and the
Improvements made upon farms in the shape OF
buildings. The sales of machinery were also
large. OF course the farmers ard in
terror merchants have mad two very
good crops and have obtained remunerative
prices for them. The effect of good crops and
good prices could not fail to be seen in the hard
ware trade. The prices OF the standard goods,
as rule, remained stationary, but nails, shot
and bar iron fucsuat ID somewhat. Nails aver
aged about cents per keg higher than the pre-
vious season. caused chiefly by the changes IN
the schedules of them. Collections we're quite
satisfactory. There is splendid outlook for the
hardware trade for the coming season. The
last summers business was unusually good.
The shipments by water route of pig iron
through this port shows falling of 9,92l tols.
The Central railroad brought to this port 49,,
2S7 40 pounds of pig and bar iron against
81, 54s,7o0 pounds the previous year. and 9,Sl2-
049 pounds hardware against 6,6670SS pounds
the previous year. The shipments OF pig iron
by water to the different porss are embraced in
the following table In comparison with last
year:
SHIPMENTS OF PIG IRON IN TONS TO THE FOLLOW
ING PORTS FROM SEPT I, 1889, TO AUG. 81, 1890.
AND FOR THE SAME TIME TIE PREVIOUS WEAR