The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-08-13
TRADE HOLDING ITS OWN
CROP REPORTS NOT QUITE UP TO
EXPECT ATOMS.

All the Great Industries Doing Well
Except Iron Manufacture Great
Activity in the Textile Industries.
General improvement in Trade Re-
ported in the South.
NEW York, Aug. 12-R. g. Dun & Co.'S
weekly review says: "Crop reports are not
quite I'D 10 expectations, and are construed
as indicating deficient supply Of corn and
oats. while any possible deficiency in wheat
aud cotton will be more than met by sur
plus stocks But prices have advanced
quite sharply, and the exports Of domestic
products fall below last year.
''The great industries are all doing re-
markably we'll, excepting iron manutact-
ure, in which labor controversies have been
partially settled, ard seem likely to be
wholly settled speedily The collapse of
the building strike here revive' activity in
many departments of trade. The iron out
put Aug. was 154, 1876 tons weekly, against
I69, ISL July l year ago. but the stocks
unsold, nevertheless, increased $1,000 tons
during the month Of July, and on Aug.
exce1ed 1000, 900 tons.
SOUTHERN PFC IRON.
"Southern pig iron is pressed for sale and
some quotations are lower than ever. But
the resumption of manufacture by western
Iron works, which have settled their oontro-
VERSES with the men, will make a great
change in the situation at once, increasing
the output of pig iron but probably the de-
mand still more. Manufactured iron and
steel have been in very active demand,
nearly all the works In operation being
crowded with orders But steel rails are as
dull as ever, and while only 100000 tons
have been sold for the year thus far, the
orders on hand will hardly carry eastern
mills beyond Sept. Is.
A GOOD DEMAND FOR TEXTILES.
''In the textile industries the utmost ac-
tivity prevails. Manufacturers are buying
wool freely. Boston sales for the week
were 100000 pounds above last years,
and the total sales at the three principal
markets for the year thus far have been
$4,000, 900 pounds greater than last year.
1.-THE boot and shoe factories are still
pressed to the utmost and the shipments
from the east continue for the year 81 900
cases greater than last year.
Cotton fell an eighth, though the ex-
ports are larger than year ago, as the
crop reports grow more favorable.
'1n fall clothing, trade is heavy and
stocks of woolens are being closed out,
while9orders for spring goods are liberal.
DRY GOODS MEN BUSY
"Trade In dry goods Is rendered larger
than usual by liberal western orders, par
ticularly in women's dress goods.
AT Philadelphia wool is also strong with
free receipts, groceries dull, but up to the
average, manufactured iron is In better de-
mand and other trades comparatively quiet.
cat Baltimore trade in dry goods and
hardware is good, and shoe manufacturers
report business far ahead of last year.
''The strike in the iron mills at Pittsburg
has been settled with reduction Of 10 per
cent In wages In the finishing branch, and
window glass workers have settled the scale
on last years basis.
SOUTHERN REPORTS
Southern reports show q general inns
provement In trade at Little Rock, at Mem
phis, at Montgomery and at New Orleans,
but at Galveston collections are slow and at
Savannah money is reported tight. The
treasury hes taken in 800 900 more gold
and silver than it has paid out, while lessen
ing the volume Of notes in circulation
sl,200.000, but money is abundant and
cheap.
"Silver has fallen TO 50 pence In London,
the lowest price ever quoted, and in June
it sold at Al pence.
"The business failures occurring through
out tue country during last week number
for the United States 169."