The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-03-28
TRADES OUTLOOK FAIR.
EVERY WEEK BE TIERS TIE COM.
MERCIAL SITUATION.

Once the New Crops Of Next Gum
mer Begin to Come in All Danger OF
Financial Disaster Will Have Been
Passed - Unhealthy Speculation in
! Whsat.
NEW YORK, March Or. G. Dun &
Co.'s weekly review Of trade says: IF no
news is good news. as concerns the con-
dition Of business at this season the outlook
is fairly satisfactory. 1t is a season Of
transition and uncertainty, and every week
that passes without distinctly unto1ard
events brings closer the new and
probably large crops of next
summer and lessons the chance
that intervening disaster, financial, indus
trial or commercial. may prevent the re-
viyal Of all business. Trade has been
rather Quiet and hesitating, as is natural at
this season, and there is rather more COM
plant of slow collections, but throughout
the northwest bad weather and a bad state
Of the country roads supply an explanation.
Money is in fair and increasing supply.
The outlook for the coming crops continues
exceptionally good.
| UNHEALTHY SPECULATION.
III De6u a week Oh speCuld-
| ton in some products, owing to desperate
efforts of powerful combinations to force
prices on which they can unload without a
loss. Wheat rose to 81 16sI on Monday and
at 81 10 d is still cents higher than a week
ago, the sales here having been 73,0O0,000
bushels. and corn, with sales Of
| 100000 bushels, has risen
AZ to 7S1l cents, while oats. at 593l cents,
J are less than ! cent higher. Pork prod
I rto bov Cd oil
small fraction each, while cotton is a six
teenth lower. The general average of prices
reached its highest point this year on Mon
! day, and though now a fraction lower, is
still per cent. above last week.
EFFECTS OF THE STRIKES.
"But manufactured products do not share
| in the advance except in a few cases.
! Threatened strikes in the building trades
cause some uneasiness, and some strikes in
textile works have resulted on the whole
unfavorablY TO employers, while some Of
/ attempted to resume at a reduc-
ton Of wages, the result being
| yet uncertain. This strike seems TO have
helped the iron Interests by preventing a
further decline, for, though the best brands
| are scarce, a reduction of S per ton was at
one time imminent, but the market has a
better tone. Rails are firm, but very dull,
and manufactured products are. on the
whole, weaker. Copper is weaker and tin
| steady, with lead shade higher.
PRICES OF COAL.
1.-THE coal agents have officially changed
the schedules to fit the fact that recent quo
tations have been fictitious, and the new
prices are Is to 25 cents higher than year
ago. Wool is selling steadily, 2,62S,0 600
| pounds at Boston, ami the very large con-
sumption of Australian is a surprise; it
seems due in part to the bad condition of
many western fleeces, but in part to the
fact that the home supply is nearly ex-
hausted. Carpet works at Philadelphia are
fairly busy and buying freely, many mills
having orders for the season.
REPORTS FROM THE CITIES.
"At Boston money is easy and trade dull
! because OF the weather. but large orders for
| lumber promise active building.
Business in cottons and jewelry at Phil
adelphia is dull, but paints are little more
active.
"Pittsburg notes some decline in structu.
raj iron, blooms and billets.
'At Chicago dry goods, clothing and
shoes are dull, though the sales exceed last
years for the same week. and the receipts
of wool considerably increase, while there
is a decrease in -four and lard, and a de-
crease of one-half in dressed beef. At other
northwestern points trade is fair, though
| much affected by the weather and the state
of the roads; but slow collections are the
rule.
New Orleans finds trade only fair, but
cotton receipts increase; sugar is dull, mos
lasses stronger and rice firm.
TRADE at Savannah is holding its own,
but at Jacksonville is dull, the orange crop
having been marketed. The outlook for
vegetables is good.
| TREASTTRY OPERATIONS
THE treasury has put out nearly IS, 000,-
900 more than it has taken in during the
week, but part has gone abroad. The
market here has been little stronger, rates
on call rising from pa to per cent, but no
such signs of pressure appear as are usually
| apprehended at this season. The
stock market has been exceedingly dull, but
on the whole stronger. the average price of
stocks being about 60 cents per snare higher
than a week ago. The prospect for peace
among the railroads docs not grow brighter,
however, and signs of rate cutting are fire
quent.
1.-THE business failures occurring through
out the country during last week number
for the United States 22S and for Canada %.
For the corresponding week last year the
figures were 2l7 In the United States and 26
in Canada.