The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-03-21
TRADE A TRIFLE DULLER
BAD WE THEIR THE CAUSE OF THE
FALLING CFF.

The Low Price of Cotton Felt in the
South Uncertainty as to the None
tary Future Checks Operations-A
Feeling Of Confidence and Hopeful
ness Noticeable Everywhere.
NEW YORK. March Or G. Dun &
CO.. review OF trade for the past week says:
There are some indications Of slackening
trade. At the west cold and unfavorable
weather and the bad condition OF the coun-
try roads affect distribution and collections,
and the apparent change may be only temp
orary At the south the low price of cotton
is felt, though little Improvement has &C.
CURED in the past two weeks. At the east
ern cities, and TO some extent throughout the
country, uncertainty as TO the monetary
future checks operations.
a FEELING OF CONFIDENCE.
''But there is found in almost all quarters
a feeling Of confidence and hopefulness az to
the future. Though the present effect of
the short crop is felt 10 the north west, the
prospect for the coming season is exception.
ally bright, and while in some of the chief
manufactures operations are unchecked by
uncertainty regarding prices, it may be ex-
pected that the relations between materials
and finished products will soon be adjusted
to the new conditions.
HEAVY SALES OF WOOL
1.-THE sales of wool at Boston, New York
and Philadelphia this year thus far show an
increase over last year Of 90 per cent. and
still continue large.
DRESS goods makers have closed the most
prosperous season known and hope for
better prices presently.
1.-THE boot and shoe business is retarded by
speculation in hides and leather, as the
prices of goods are no higher than a year
ago, but while buyers are cautious they are
numerous, and shoemakers are fairly well
supplied with orders.
THE IRON TRADE.
"The iron trade shows no change, buyer
believing that as soon as demand for con-
sumption increases again no strikes OF shut
downs will restrict production. Rails are
sitter and the demand for structural iron is
trifie better.
1.-THE glass trade is fair, with prices un-
changed.
while continued heavy receipts and
small exports on the Atlantic side have
helped a decline Of 81 cents 10 wheat, with
sales here Of 100000 bushels, and oats
have yielded fraction, corn has risen 21
cents. Pork, hogs and lard are a little
higher, in spite of enormous packing.
COTTON A FRACTION HIGHER.
"Coffee and oil are shade lower, but
cotton has risen a fraction, although the
receipts at the ports for the week greatly
exceed last years, with no increase in ex-
ports.
1.-THE general average of all prices is still
advancing, having risen one-half of per
cent. for the past week. At Philadelphia the
iron trade is dull, and trade in liquors and
tobacco is quiet; in jewelry, paints aud
glass light, with small collections,
while in printing and lelther manufacture
business is better, and in chemicals fair
Pittsburg notes no change in iron except a
growing scarcity; the Monongahela coal
mines are busy. At Cincinnati trade is
quiet and collections fair At the cities
west of the Mississippi trade is fair for the
season.
IN THE SOUTH.
"At New Orleans trade is barely fair. At
Memphis it is lethargic, with slow collec-
tions, and at Little Rock money is tight.
but Savannah has a jubilee over the receipt
of ], 100000 bales of cotton in the year, and
reports bright prospects.
THE money markets are easier at most
of the interior cities. At New York the
rates have changed but little, 81 to 8 per
cent. on call, but there is some difficulty in
| obtaining commercial loans The treasury
has put out SO, 600, 900 more money than il
has taken in during the week, besides issuing
| $1,000, 900 more silver notes.
THE failures for the week number $50
For the corresponding week of last year
they were 2l5."