The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-11-05
TRADE HOLDS UP WELL.
TIE ELECTION HAVING LESS
EFFECT THAN USUAL.


Enormous Trade Shows the Pow erful
Impetus Toward Activity and Ex-
pansion-The People Buying More
Goods Than Ever Before
ton Active Only in Cotton-The
Weeks Failures.
NEW YORK, Nov. 4-R. G. Dun s. Co.'s
weekly review of trade says: even in the
last week before the presidential election
business has continued 7ery active; indeed,
the volume is far beyond any precedent for
similar period, yet, the coming election
has plainly diminished business in two ways.
The multitudes have been diverted
from trade to political activity
and many more have chosen to postpone
transactions until the political uncertainty
has been removed. The fact that even UNI
der such circumstances trade has been of
enormous volume shows how powerful is
imDetus toward activity and expansion. The
people are clearly buying more goods that
ever before, and in some branches
manufacturers are realizing a slight
advance in prices. Money is closer at some
western points. but nowhere is stringency
seen, and there is no apprehension as to the
amounted to more than 1000, 900 bales and
prices have advanced an eighth, for south
ern accounts appear 10 indicate a greater
decrease in yield aud the receipts are again
comparatively small. Speculation is not
very active, except in cotton.
REPORTS FROM THE CITIES.
"At Philadelphia iron has an advancing
tendency
Trade is healthy and buoyant at Balti-
mr. fhOY1crh
branches aud will lessen the oyster packing,
now in full blast
"PittsDurg notes activity In iron, espe-
cially IL finished products, and fair trade in
glass.
AT. st. Louis, though the weather
checks trade in woolens and clothing, gro
cer!eS, boots aud shoes and dry goods gem
orally are strong, and grain receipts heavy.
AT Louisville business is full average
and Memphis slightly improved, though
below normal in volume.
AT New OrleaGs the labor trouble retards
trade, but cotton Is higher and active,
and the receipts of sugar liberal with q good
demand.
THE iron business improves everywhere
| and the unsold stocks are fast d sappearing.
Pig is stronger, but bar is somewhat weak
The demand for plates is only moderate.
but for structural iron very large: and
| sheets are active, with especial pressure for
| the Lighter qualities. Western competition
| depresses plates, but for the industry as a
whole, the tone has distinctly improved.
SALES OF WOOL.
THE sales of wool for the week have been
100000 pounds, against 4,S00 900 in the
same week last year, and since May Is the
| increase has been 81 per cent. The demand
for wooden goods is active for the season.
Cotton goods are firmer and in some
| lines higher In price. The Fail River mills
have voluntarily increased wages z per
! cent.
Boot and shoe factories are surprisingly
! busy for the season, the shipments for this
week exceeding last years 8 per cent.
The advance in paper has been
maintained, though there is some feeling Of
uncertainty. The Bank of England made
no advance ia rates. and money here has
been steady at 8 per cent The circulation
of all kinds increa ed $4,000, 600 in October,
and is now over $l.606, 600 900. This week
the treasury has out out S601.00O more
| notes while increasing its specie but S10,-
| O0O
MERCHANDISE exports are improving and
| the excess of exports over imports is now
large. In general nothing seems to fore-
shadow monetary difficulty, and with
colder weather and the political uncertainty
| removed great business is Anticipated
THE business failures occurring through
out the country during the past week mum
| Der for the Uuited States 207, against 223
| for the corresponding week last year,