The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-04-30
DUN'S REVIEW OF TRADE.
THE CONDITIONS FAVORABLE FOR
GOOD BUSINESS.

Only a Slight Falling OFF in the VOL
| ume of Transactions at the South,
! Despite the Low Price Of Cotton.
The West Still the Scene of Consid-
abe Activity.
NEW YORK, April 29.-R. G. Dun & Co. g
weekly review says: The business failures
occurring throughout the country during
last week as reported to r. g. Dun 81 Co.,
number for the United States 1856, and for
! Canada 25.
more favorable weather in many parts
Of the country during the past week has
brought better reports OF business. I'M
doubtedly the distribution has been
much retarded by the backward ses-
son aud the condition of country roads, and
In some quarters collections have been slow
on that account. But this week the i'm
provement in such quarters has been
general, ..and meanwhile the volume Of
business continues to surpass all previous
records, gaining but little and yet gaining
at the east over last year and falling behind
only about per cent. at the south in the
aggregate, notwithstanding the great de-
preston. in the price OF cotton. The volume
of trade has been over 10 per cent. greater
on the Pacific slope some decrease appears.
That collections are on the whole satisfac
tory the condition of the money markets
and reports from other cities clearly show.
In all parts Of the country the supply Of
money is abundant, but the demand Is not
specially active.
REPORTS FROM THE CITIES.
'At Philadelphia the dry goods trade
equals expectations and though country
distribution is retarded by the bad roads,
the city retail trade is active beyond COM
parison. Wool is quiet and firm and trade
in other branches is fair.
AT Baltimore nearby trade improves,
though southern trade is smaller and the
city supplies a wider territory. Jobbers
show a good gain over past years, though
with low profits, and the boot and shoe
trade is increased.
"At Pittsburg no improvement Is seen in
iron, and pig sells fairly, but at low prices;
while finished iron is produced in large
quantities, though makers complain Of un-
profitable rates.
1.-The south still reports unsatisfactory
trade at many points, though the prospects
are considered brighter at Savannah, and
collections are good at Nashville.
"Grade at New Orleans is quiet, the de
mand for cotton being moderate; sugar,
quiet but firm, and rice steady with mod
crate demand.
"a striking feature of the past week has
been the immense and unprecedented trade
in the dress goods. Flannels have been
active, the demand being earlier than usual,
but agents still lack the usual orders for
mems woolens
The sales of wool at Boston, Philadelphia
and New York have been SO ,74S, SIC pounds
this year, against 81, 056, 426 last year, gain
Of s per cent
Both the receipts and exports of cotton
fall behind last year and the sales of 92S, 900
bales here have resulted in no change in the
price for spot
money has been undisturbed and easy.
The treasury has paid out So 100000 more
gold than it has taken in, but has taken in
S700, 900 more silver than the increase of
small notes.
THE merchandise exports for April show
a gain of per cent over last year at New
York, while in imports there is some de-
GREASE
Though railroad earnings continue large
stocks are dull and rather lower than
week ago."