The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-03-04
TWO REVIEWS OF TRADE.
BUSINESS INTERFERED WITH BY
STORMS.

The influence of Monetary Uucer-
tainry Also Felt-The Volume of
Trade Very Large But the Actual
Distribution Hardly Up to Bxpects-
tions-An Improvement at the South.
New YORK, March S.--Dun & Co. s
weekly review OF trade will say: "Storms
have greatly interfered with business. and
at the same time monetary uncertainty has
been felt While the volume Of trade IS
still very large, the actual distribution
seems TO have been scarcely up 10 eXpecta-
tions OF late, though orders still continue
sufficient to give the great industries full
employment.
"The great feature Tor tho past fortnight
has been the unusual demand for money
from the west and south. which has drawn
large sums from New York, but money is
tight at only one or two small points.
.'Pittsburg reports better trade in iron,
with good demand for finished products
and very fair prospects for hardware.
lat Cleveland trade is fairly good and
the rolling mills full OF orders.
tsSouthern points generally report some
IMPROVEMENT, especially Louisville, Chat
tanooga. Little Rock, Memphis and Knox
willie. At Columbus trade is duh and at
Atlanta quiet. At Charleston fertilizers
are active and at Mobile and New Orleans
the lumber and building trades are very
sctive, though general trade does not quite
equal expectations.
''In the iron business the consumption 10
enormous, but the production is relatively
greater aud concessions are frequent for pig
not OF the best grades. while bar is at the
lowest point ever known Plates are de-
.,A - khn lla hrtur-
and structural works are quite well en-
ployed. In general the Industrial produce
sion has never been surpassed at this season.
"The business failures during the last
week number for the United States 200 and
for Canada 45, a total of 25l."
TRADE HURT BY THE WEATHER.
BrddstreetS says: THE results of the
late rain and heavy roadways at the south
and the more recent heavy fall OF snow and
temperature in the northwest serve to make
general trade irregular. The most active
distribution is at points in the Mississippi
valley. The larger cities in the middle
states report a good or fair volume of bust
ness for the season as well as
the cities in the Atlantic cotton-Qrowing
states. Business is more quiet in the Gulf
states, and is very generally interrupted
throughout the northwest. Raw cotton
Is one-eighth cent off. Well-informed
correspondents in Arkansas, Texas, Missis-
sippi, North Carolina and South Carolina
report indications of a widespread inten-
ton to increase the acreage planted with
cotton this spring Aside from the check
20 the movement OF staples south, the feat
ure there is slow mercantile collections, the
payments being less prompt In states far
thest south.
''At Nashville the sales of hard ware and
shoes have been most active, while those of
seeds and vehicles may equal but will not
exceed the volume in the like period year
ago.
'At Memphis shoes, dry goods and cloth
ing have been active, the volume exceeding
the total for February, 1892 The establish
ment Of manufacturing interests is attract
ing attention.
"At Richmond jobbers of dry goods, gro
ceries and hardware report the February
total larger than last year. although man
ufacturers admit some decrease in the de-
mnnd, owing TO bad weather and heavy
roads.
"At Norfolk the sales OF dry goods. no.
lions and groceries have increased and farm
produce is moving freely. The peanut crop
is out OF first hands.
MANY North Carolina merchants will
attend the inauguration ceremonies expect
ing to place orders at Baltimore and else
where.
Business is dull at Charleston; collec-
tions are only fair.
Augusta cotton goods manufacturers re-
port the demand firm.
AT Savannah naval stores are stlffly
held on short receipts and good request,
backed by a combination of producers.
New Orleans again reports that the de-
preston in cotton checks orders from
country merchants. The deliveries of sugar
from the plantations are light"