The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-10-15
TRADE PROSPECTS GOOD.
EXPORTS AND IMPORTS BOTH
SaOW AN INCREASE.

The Public Confident That Good Crops
Will Be Hsrvested-Trade Through
out the Country in Excess of Year
! Ago-Money Plentiful Everywhere
for Legitimate Purposes.
NEW YORK, Oct. AR. G. Dun & Co. IS
weekly review Of trade says: "Once more
1t must be said that the trade indications
are entirely favorable. Even the
shrinkage in exports has ceased,
an increase of Sl,5OO,OOO appearing
here last week, while imports continue sur
prisingly large and foreign exchange de-
clines. The government crop reports for
Oct. were on the whole much more favor
able than was expected and the markets
disclosed the public belief that the facts are
more favorable than the government esti-
mates.
TRADE throughout the country is some
what larger than year ago, although tue
situation was then exceptionally favorable,
and in all the great branches OF manufact-
uring there is extraordinary activity.
Money Is in greater demand at almost all
the commercial centers, but there is seen
nowhere any stringency, the supply being
ample for legitimate business, and coIlec-
tons as rule are exceptionally good.
PHILADELPHIA IRON MARKET.
"At Philadelphia the iron market de-
cidedly. improves, and good orders for
spring trade are reported in dry goods,
while the wool market continues active.
AT Baltimore the infrequency OF southern
failures t3 gratifying, collections are more
satisfactory, and trade in some lines shows
material increase. Pittsburg reports
sitter market for pig iron and good de-
mand for manufactured products, with i'm
proving prospects in the glass business,
window glass being more active.
TRADE is remarkably strong at st. Louis.
The corn crop ia proving larger than was
anticipated.
business at Nashville is improving, but
at Little Rock is still dull, though in dry
goods it is better.
BRIGHTER AT NEW ORLEANS.
"At New Orleans business is active with
brighter prospects, and money is in large
demand, but sufficient supply. Cotton since
week ago is an eighth lower, with sales Of
more than |, 100 900 bales for the week.
THE iron output Oct. was 1853, OF tons
weekly against 15l ,648 Sept. l, and it is
especially encouraging that the stocks on
hand decreased IS, 234 tons during Septem-
Der. The demand for pig iron is improv-
ing, and a general advance Of about so
cents per ton is reported for pig, with lib
eral buying, while trade in plates is very
satisfactory, In bar iron somewhat better
and structural mills are full OF orders.
TEXTILE MILLS BUSY.
"Cotton and wooden mills are fully en-
ployed, and many Of them cannot fill their
orders, though running their machinery
night and day. The sales of wool this year
at the three chief markets have been s47,-
100000 pounds against 1874, 900 900 to the
same date last year.
"The market for dry goods continues en-
couraging, agents having started vigorously
In the spring trade, and the demand for
spring samples of mems goods being urgent
Trade in blankets was exceptionally large
In September and the lower grades cannot
be supplied fast enough. Strong buying is
seen in cotton and some makes are largely
oversold.
BOOT and shoe manufacture is equally
busy, and the shipments from Boston, &C
cording 90 the Shoe and Leather Reporter,
are 80, 900 cases for the week against "a, 900
last week.
THE business failures occurring through
out the country during the week, number
for the United States 1S9. For the corre-
spending week last year the number was
| 227.n