The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-12-12
TRADE OF GOOD VOLUME.
GROWING CONFIDENCE IN THE
FUTURE NOTICEABLE

The Low Price OF Cotton the Only
ters OF Dixie-The Accumulated
Stocks Represent s6O,OOO,ooo of
Cash Tied Up-No Increase IN Fail
ures.
NEW YORK, Dec. 1.-THE business fail
ures occurring throughout the country
during the last week as reported TO X. G..
Dun & Co, number for the United States
against $50 last week.
Dun q Co. S review says: "As the holt
days draw near all the signs indicate large
volume OF business at present with growing
confidence of Improvement in the future,
except in parts of the south where the
unusual accumulation of cotton ana It's low
price have depressing influence.
IMPROVEMENT IN THE EAST.
'At the east there is again distinct
though moderate Improvement in leading
branches of industry at the west trade con-
tlnues in volume never approached in any
previous year, and even at the south in
spite o. some embarrassment, the volume of
trade IS on the whole large, though not
equal to last years. There Is no lack of
money in any part Of the country, except al
| some southern points and the mere fact that
| the cotton now Accumulated at few ports
| and interior towns, represents fully S60,UOO
| 600 IN value paid 10 planters at once ex-
! plains the difficulty and suggests that 1t is
not permanent II Ia good sign also that
| collections are on the whole improving,
| though slow at New Orleans and some
southern points aud only fair IN some lines
! at eastern cities.
| DISTRIBUTION OF MERCHANDISE.
"Reports from all parts Of the country
show very fair activity i'll the distribution
| Of merchandise.
THE expected reduction 10 prices of car
! pets has cOne-from 10 cents on body Brus-
| sells to ) cents GA ingrains-which are now
said TO be cheaper here than in England.
| Among Clothiers the better class OF goods
| are IN excellent demand.
THE trade in knit goods is quiet, and in
| dress goods satisfactory, but some conces-
siOns are noted in tlannels. Print cloths
show some improvement and prints are
more active.
THE boot and shoe business clearly in
creases. Boston shipments exceeding last
years 20 per cent. for the week, though for
i the year the decrease Is still 80 per cent.
IRON MORE ACTIVE.
"The iron mark is more active. Bar and
plate mills are well employed, though prices
are low, orders for 10000 cars having been
placed in two weeks at the lowest prices
ever known.
Cotton is unchanged, the receipts being
still beyond those of the same week last
year.
Pork products are slightly stronger. COT
fee 4 cent and oil l g cents higher, without
great activity in any branch of the specu-
lative trade
The exports Of domestic products con-
tinue unchecked, and for the last week we're
A per cent. more than for the first week of
December last year. Yet preparations for
yearly settlements abroad cause such re-
mitt.nces that imports Of specie are stopped
by the decline in foreign exchange. Fa-
vorable monetary prospects strengthen the
market for securities, especially as it is evil
dent that disbursements in dividends, inter-
est and profits about Jan. l will be large
and will work new investments. With a
better tone, some securities have advanced,
and there is no feeling of apprehension re-
garding the monetary future.