The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-10-21
BUSINESS ON A BIG BOOM.
THE FAILING OFF IN EXPORTS
THE ONLY CLOUD.

The Home Trade of Enormous Volume.
Anthe Domestic Industries Crowded
With Orders-The Money Markets
Fairly Well Supp1ed-Trsde Par
ticulsrly Good at Chicago.
NEW YoRE, Oct. 2o.-R. g. Dun & Co.'S
weekly review Of trad6 says: "Thers is sill
no cloud in the business sky. unless the state
OF foreign trade Be one. All the home trade
Il Of enormous volume, making an aggregate
y bank exchanges outside New York thus
far in October never equalsd in the same
month of any previous year. the excess over
last year being about IA per cent. over 1891,
when the October transactions we're the
SEgest on record. AS excess this year
thus far is about 9 per cent. Prices are
low. but merchants are pressing for more
business at the same rates, All the domestic
industries are crowded with orders, and
works as a rule are fully employed, many
being pushed to overtime by the urgent de-
mand resulting from an unprecedented dis
tTibucion of goods. The money
markets are fairly supplied, and
there is reason to hope that some return OF
gold from Europe is not far distant. The
exports in September we're but S62, 949, 526
in value against $50. 1854 0S5 last year, a
great decline, due mainly TO the fact that
last years movement was far beyond all
precedent. The cotton exports we're 81
100000 pounds less and the average price
7.23 cents against 9. 81 last year.
MONEY NOT STRINGENT.
''The money markets are no where strin-
rent. notwithstanding the unusual delay of
returns from the west or from Europe In
this market money has risen from 613 to G
per cent. on call, and there Ia q more active
and f1rmer market at Chicago, but nothing
like monetary pressure is reported from any
quarter. The treasury has taken in S400, 900
more gold than IL has paid ont during the
week, and has put out s100,00 more silver,
but has added to the circulation S29 900, 900.
The report from Chicago serves this
week 20 indicate the tone of business at the
west. The merchandise sales IN leading
lines are larger than last year and great
number of buyers are in town, and business
in dry goods and clothing is expected 10 be
brisk early next week. Collections are good,
real estate dealings heavier, amounting TO
over IS, 900, 900, and bank olearings 90 per
all kinds OF products increased enormously
over last year, except IN live stock, which
shows q slight decrease.
"At other western points the transactions
are enormous, and several cities report rail-
roads blockaded by the amount Of freight
offered.
BUSINESS GOOD AT THE EAST.
AT the east business has been
more active since the great celebra-
tion and in volume never equaled
Textile manufactures continue their
extraordinary activity. fully described
in recent reports. In pripb oleths there is
something like a corner. In 3 and, 5-yard
sheetings the chief production is sold into
January, and silk goods are dearer. The
claims against the woolea looms
never were so large, and orders
seem to increase about in proportion TO the
enormous distribution In boots and Shoes
The season is theoretically closing yet busi-
ness is large and the works are all busy, aud
some cannot meet their orders in six weeks.
New York orders oome daily by mail with
urgent demands for immediate use, SO that
stocks are we'll closed out, and many hands
have been working overtime for months
THE iron industry feels the impulse Of
the increasing demand, especially for plates
and structural form. such works being all
crowded, and greater demand from ship
yards is expected, while the market for bar
is moderately good, Notwithstanding larger
productions. The pig from market is
stronger and some grades have slightly ad-
Vanced.
Speculation has not been very active,
except in cotton, of which 926, 900 bales
have been sold and the price advanced an
eighth