The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-01-14
GOOD TRADE LOOKED FOR
TaB COLD WEATHER GIVES A FEW
LINES A BOOM.

Preparations for Spring Trade Going
on Actively-No Serious Financial
Emberressments Looked for in the
Business sWorld-Spsculstors IN Cot
ton Liquidsting-Monsy Easy in New
York
New York, Jan. 13-R. g. Dun & Cos
weekly review OF trade will say: The
pause in business incident to the holidays
seems to last longer this year than usual,
but the severe weather has given a powerful
stimulus TO trade In heavy boots aud shoes
and woolens
Preparations for the spring business are
going ON actively and with the utmost
confidence
''In spite of the reports that more gold will
go abroad, and in spite OF the uncertainties
regarding legislation on the money question.
the business world seems inclined to belisvs
that there will be no serious financial ems
barrassments, especially as the average OF
commercial indebtedness Is remarkably low,
and the failures have been comparatively
unimportant
mo interruption of industrial activity ia
shown, though it is somewhat depressed.
but in other important branches distinot
improvement is noticed In the preparation
for the spring trade.
SPECULATION IN COTTON.
Speculation in cotton has been liquidst-
ing, the price declining one quarter, al.
though the receipts this week are 10000
bales less and the exports 40, 600 more than q
year ago. Larger estimates Of the crop ara
| now sent out.
1.-The treasury has been disbursing freely
since Jan. !, ana very large returns OF
money from the interior have caused lower
rates here. But foreign exchange advances,
and exports Of gold are expected.
Merchandise imports continue fully up
| 20 last years figures, while the exports
from New York for two weeks have de~
clined e5, 900 900, or over 80 per cent.
at Is evident that no large shipments ok
securities or Withdrawals Of foreign capital
will be needed during the coming months to
| cause some outgo of gold.
| THE business failures during the past
week number for the United States 2S6 and
| for Canada 20n
BRADsTREET's CIRCULAR.
Bradstreets circular on the state of trade
| says: THE more striking features IN the
| business week include another shading OF
pig iron prices In st. Louis, together with
| "a further reaction in priut cloths, cotton,
| rice and live cattle lat Omaha), while sugar
is higher, notably at New Orleans. leather
at st. Louis, whisky at Cincinnad and
Louisville, and the live hog market gener-
ally, together with wheat, corn aud oats, all
| Of which show gains In prices.
The extreme cold at the est and north-
west, while helping sales Of heavy weight
wo lens, clothing, shoes and hats, served to
restrict the movement III most other lines Of
staple goods.
"lhe New England cotton mills are
largely sold ahead, but the stochs OF prins
| cloths at Fall River are only 1900 pieces
against 266 coo pieces year ago.
| DIxIE's OUTLOOK GOOD.
| "Baltimore iobbers, who deal extensively
| all through the southern states, report q
most active demand for clothing and shoes,
together with what may be oiasssd as dis
tinctively spring goods. Collections there
are above average and the prospects for
trade are good. Richmond and Nashville
| are sending out commercial travellers all
| through the south. The city first named
announces that collections on sales of plug,
cheroots and cigaret % have been dun
throughout the south, with which the
weather inteTfered.
"The movement OF merchandise at Mem
| phis and Charleston has been moderato
while that at Atlanta is satisfactory, being
IN excess OF the volume ono year ago. This
Is true also at Birmingham, while at New
Orleans easier cotton and rice prices has
been offset by stronger sugar and an in-
creased merchandise trade, followed by
| preparations for large movement Of wheat
| in that direction. The facilities at Calves
ton for the export of wheat have also been
| increased. and large exports from that porn
are promised during 1898.
THE general trade Is of q moderate
volume all through the west"