The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-10-03
TRADE HOLDS ITS OWN.
THE REA CTI0N IN THE STOCK MAR
KET HAS NO EFFECT.

Farmers In Many Cases to Realize
More for Their Wheat Crops han
Their Farms Cost-The Iron Markets
Distinctly Strong Better in
Dixie.
New YORK, Oct. 2-R. G. Dun & Co.'S
weekly review Of trade saws: The business
failures occurring throughout the cOua r.
during the last week rumber for tie United
States POI, ard for Caneda -, total Of
23O. against 24l last week.
"The past week has brought the expected
reaction in stocks with the paSSing of the
dividend by the Missouri Pacific and some
troubles among western railroads. But
in the business of the country no
reaction appears. nor are there
any signs OF encouragement; In very
many cases farmers will realize
for their wheat grown this year more than
the entire cost OF their farms Unseason-.
able hot weather has for q time retarded
some trades, but change is already noticed.
1t Is fortunate for the country that the
apprehension Of financial difficulty this fall
has powerfully restrained speculative ten
dency.
THE IRON MARKETS.
The iron market are distinctly stronger,
there Is less pressure to sell aud concessions
a. Q iuoA 6NSu buOOku du duNduCe III
price is yet resisted. The demand for bar
iron is not active, and the weak ess in stocks
tends t. check the sales of rails. Tobacco
has risen TO 5 cents in the Connecticut
valley and producers are realizing large
profits
THE sales of dry goods are large in the
aggregate, but in light weights far below
last years. and many looms are idle for the
present. Ga the other hand there is a pc,
/ cnliar in dananh for
weights, and OF dress goods the sales are
satisfactory, great improvement in the
| quality being noticed Cotton goods are d
little less active. but print cloths are firm
at cents, and of prints some styles are
eighth or quarter higher.
Tine sales of Knit goods are retarded b,
the weather and hosiery is duh
SALES OF WOOL.
1.-THE sales of wool at different markets
are now 3 per cent below those OF last year
thus far
and satisfactory trade, especially in dry
goods since cooler weather cane.
,'At Philadelphia money is in fair de-
mand, building is more active and improve
ment is seen in ali lines of dry goods and
clothing, though there is complaint in these
as in other branches of trade of slow col
lections.
Az DdltlLlOEe Inc snOe IFdQ6 exceeds las
years.
'At all points reporting at the south trade
is improving except at Savannah, where u
great strike suspends the movement of
cotton.
WHEAT DECLINES.
SIN spite OF several more circulars advis-
ing the farmers 10 hold their wheat, the
price has declined about l cent. Cora has
advanced cents and oats TX cents, Will,
cotton Is unchanged in price. Pork prod
ucts have changed but a trifle, and coffee
and oil are a little lower. There Is more
perplexity than usual regarding the yield
of cotton, bat the most conservative est
mates conclude that large decrease IN the
product is probable, making a marke. for
the heavy stocks which were brought over
from last year.
IMPORTS AND EXPORTS.
1.-THE imports of merchandise, though
smaller than n wear ago, when the move
ment was exceptional. are quite large, and
the exports from New York for the past
two weeks are nearly equal to those of last
year.
RAILROAD earnings exceed last years. as
do exchanges at the various clearing houses
outside Of New York, though but slightly
and there are as yet no symptoms OF tee
artificial monetary pressure which some
have apprehended."