The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-10-01
DUN'S REVIEW OF TRADE.
TEE COMMERCIAL SKY REPORTED
WITHOUT A CLOUD.

Business Continues Lerger-Crop Re-
ports Uniformly Favorable 80 I'm
proved State of Trade at the South,
and Money in Small Demand-Busi-
ness Failures.
NEW YORK, Sept 3O.-R. G. Dun & Co. 5
weekly review Of trade saws: Business
continues larger than ever at this tine Of
year and the commercial sky is without
cloud. While the season brings the usual
shrinkage in the distribution OF textile
goods, the mills are nevertheless crowded
with orders, and the demand for the prod
ucts Of iron and steel and leather has inn
proved. Money is everywhere in ample
supply, and collections have very rarely
been more generally satisfactory. SO that
the demand for commercial loans is IN
usually light for the season. The ou.go Of
money from western cities for purchases in
the country is larger than usual, and yet
there 10 no embarrassment
CROPS FAVORABLE.
Crop reports are uniformly favorable,
and the promise is distinctly better than 1t
was few weeks ago. At the south trade
Is nevertheless much encouraged by some
advance in the prices OF cotton, and Is there
fore more active. In general, business is
not only large and remarkably neal by, but
the outlook for the coming months Is every
where regarded with the utmost co1H-
dence
'At Philadelphia iron improves with
large sales, and hardware. recently quiet, Is
now more active.
Iron is in better demand at Pittsburg
and the glass business good.
LAT st. ouls trade is distinctly better III
hTW H. l,.,fa rr1A RAJ Egya y
and collections are prompt
IMPROVED TRADE AT THE SOUTH.
AT the south trade generally improves,
though caution prevails at Memphis. Bet
ter prices for cotton bring a larger trade at
Montg emery, and though business is only
fnir at New Orleans sugar is strong and
active and money in good demand
1.-The speculation in cotton has been enor-
nous, sales reaching 100000 bales, with
an advance of one-quartec Of cent during
the week in spite of better receipts and
more favorable crop reports.
The Hebrew holidays cause the usual de,
crease in sales of textile goods the cholera
scare has diverted many buyers from New
York, and 1t is between seasons for wooleus,
but
DEALINGS ARE STILL LARGE.
"Cottons are less active, and some ging-
hams shade lower.
Large sales of pig iron are reported, es-
pecially at Cincinnati, and some advance in
prices is expected. All the works making
structural iron are very busy, and the out
look is improving, though bar iron is still
weak and rails inactive.
Though the exports from New York for
the four weeks have been % per cent.
smaller in yalue than year ago, they ex-
coed those Of other wears, and the increase
In imports at New York for the month has
been about per cent.
Foreign exchange has risen slightly, and
money has advanced to D per cent, but no
anxiety ia felt, and stocks are shade
stronger than week ago.
MONEY IN SMALL DEMAND SOUTH.
"rhe treasury has paid out $500, 900 more
notes against as much more silver added,
and has taken in $4,000, 900 more gold dur
ing the week, bUt demand for money at the
vest and south continues smaller than
usual.
Business failures occurring throughout
tina country during last week number for
the United States m, for corresponding
week OF last year pol for the United
States"
THE QUARTERS FAILURES.
r. G. Dun q Co. have just issued statis-
tics OF failures for the quarter ended Sept
30. 1t Is shown that in the United States
there were only ,9S4 failures for the
quarter, with liabilities of slightly over S13,-
100000 The failures in the United States
Tor The same period last year were 2, 154,
with liabilities Of over $4,000 900. Thus
far In the present year for nine months the
failures number z. 4S1, with liabilities OF only
s. ,OOj,0Oo As against {, $50 failures and
liabilities Of $l36, 600 for the same nine
months of last year 1t is significant civ
cuustauCe that the failures in the south for
the quarter just closed are less in liza biiJies
than any year since 1881, while in mum Der