The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-11-03
GOSSIP OF BUSINESS.

The effects of the opening OF the fall sea-
son upon the retail trade are evident.
Broughton street presents a. lively appear
snce now There are crowds of people
upon the street at all times, especially in
the afternoon and the stores are thronged
with purchasers. It is noticeable that
shoppers are much more numerous on cool
days, and the colder the day the
larger the number of shoppers.
THAT is only natural, said leading dry
goods merchant. People are laying in
their winter supplies of clothing of all
kinds especially heavy undertaking, and
naturally most of them put of buying
these things until the cold weather reminds
them Of the need of them. They wear their
summer clothing until winter forces them
out of them. Last week, now, was warm
week, and our trade perceptibly dropped
off,
The clothing dealers are doing a heavy
BUSINESS as light coats and trousers are no
longer serviceable. The fellow who has not
new hat is also no longer sin it, and new
tiles are making their appearance in mum
bers.
The merchants say that the money
stringency OF the summer has partly eased
up aud trade is fully as good as last year.
terday. me reports showed the total
port rtce pss to ha 6S,944 bales, as against
G3,0So the same day 'st year. The rec pts
at Savannah yesterday were 1883 / alas,
egainst l2,70S the same day year ago.
Inc market went al to pieces under the
heavy reCe ptsand prices fell one-eighth and
bids were generally made several points
under the lowest quotations.
The slight indications OF a falling Off in
tlo raraiptc r,,auifaS Oh q AT yyaaIS amman tr
have succumbed entirely to the onward
rush Of cotton to the ports. Cotton men dc
not no e for an Improvement in prices as
long as the present rush of Cotton TO the
markets continues
Henry C. Clows 6 Co.'S weekly CONNER.
cial review of Oct. 81 has the following tc
say Of the cotton market:
The cotton market hes been very sensitive
with operators on both sides uncertain anC
QUICK TO cover on any indications OF a change
uutavorQOle to their interest, which accounts
iorthe frequent rapid fluctuations, resulting il
SHEht advantage for the bears, during The
weeb. The main cause of the weakening tend
ency again the immense quantity of cotooE
coming into sight daily, in addition to the &C
cumulating stocks in the United States, which
are nearly double those he'd last year
Inc Indications however. are still
that the pressure will soon b.
relieved, considerably more cotton wa
forced for sale this year than usually, owing K
us rapid maturity and the general scarcity 0
money As long as this movement continue
no improvement can be expected, but the mar
ket 10 IN @ position TO respond promptly to an
indications of marked falling Off In receipts
owing to the saort interest accommodating ant
the weak long interest being gradually eimin
ated. The favorable weather for gath
erlng and maturing tie crop and tn
heaVy receipts have naturally le
20 increased estimates. which IL
AaVlng a depressing effect on the foreign
markets. the Liverpool sales being Smaller thai
ior several weeks. The consumption of cotton
IN Europe continues at full rates and the pros
poets Tor the cotton trade aEe good, except il
Russia, owing to the failure Of CROPS American
spluners are steady buyers, with most mill
consuming cotton up to their full capacity
BOMBAY rec 'lpts are on a smaller scale thai
Isse year, ano further decrease 10 expected, a
She prospects OF the India crop are reported T.
ue quite favorable. The latest MancheSte
s are not encouraging, print cloths be
ing at ABOUT the lowest prices reached, although
many manufacturers still have engagement
Ahead' but new business is only moderate q
present Vlslbly supply, 1885,, 500 bales; las
year :, $40 bales. Stock at United State
ports, l,Oo9,70 bales; last year, 5S6, sos bales
STOCK IN New York 1864 bales last year. al,
Dst oales Stock in Liverpool, $4,000 bales
Iast year $4,000 bales. Bombay receipts 70
"eek, 5000 bales; last year. 5000 bales. Re
Ssi9ts since Sept. /, 967, co. bales; last year,
'4,l5S bales.