The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-02-11
BRADsTREEr's REVIEW.
Trade Somewhat lnterfsred With by
Bad Weather and Roads.

Bad Weather and Roads.
| New YORK, Feb. 10.-Brddstreet's to-
| morrow will say: THE features Of the
week in trade circles include a check IN the
transportation by rail of grain, other prod
uce and merchandise throughout portions
! of the central western states and in the
northwest, an unprecedented clearing out
of old stocks Of winter goods by interior
merchants west. a check in the demand for
wool and rapid development Of the gulf
ports IS exporters Of wheat. Untavorable
weather aud bad roads have had an effect
in checking collections somewhat south, as
well as the distribution Of staples This is
conspicuous IN Texas and the central south
ern states.
There is good, active demand for leaf
tobacco at Richmond and orders for manu-
featured grades are being received there
more freely.
General trade at Nashville is active,
that in the hard ware line and carriages and
buggies notably 50. There is less dating
ahead throughout the region tributary to
this center and an increased disposition to
discount paper.
Some Improvement is reported from
Memphis in the movement of groceries and
plantation supplies.
Orders are plentiful in most lines at
Charleston, but the larger sales TO interior
LlbICuhlLb hfb btltl " 10 Ou AOL llLAlCs
"W lille groceries aud provisions are dull
at Atlanta, there is considerable activity in
the sales of dry goods and shoes.
AT Birmingham, Ala, the volume OF
business nearly equals the average Of bust
ness for the season.
Trade at New Orleans has increased and
is expected to expand further after the car
nival. The grain exports from that port
are becoming more Of a feature, but sugar
ia cnfH ha nr1fat for tba fret TINA this
son.
There is also good export demand for
-four and wheat from Galveston, where
leading jobbers report sales checked by IN
favorable weather."
DUN's REVIEW.
r. g. Dun & Co.'s weekly review Of trade
will say: 1.-TWO important events, the defeat
of the anti-sllver legislation in the Senate
and House, and the concerted deposit OF
gold by New York banks in the treasury
IN exchange for legal tender, have directly
opposing but powerful influence upon the
market, aud it is yet too early to determine
what the net result may be. The con-
fidence manifested by the banks strengths
eued the market on Thursday, but
the decisive defeat OF silver legislation in
the House caused renewed encouragement
and apprehension. 1t is not by all realized
that the gold reserve of 500, 000, 900 is not to
note circulation, was expressly intended TO
be used for that purpose, and as far
as 1t Is so used the notes go into the treasury
in place Of the gold taken out. The banks
by placing the gold they do not need in the
treasury instead of notes to the extent of
S5,S00,U 900 this week, reasonably hope that
their confidence may lessen the disposition
to withdraw gold. In other respects the
state OF trade is satisfactory, except that
severe storms and cold have much inter
fered with trade collections and transport
tation during the week, especially west.
Southern and western trade at Balti-
more is greater than last year in dry goods,
millinery, notions aud shoes.
"Pittsourg iron is i'll poor demand.
Cuisines at Louisville is full average,
with the sales of leaf tobacco very large,
and at Little Rock fair, with improving
collections.
AT other points in the south trade is
noticeably improving, especially in dry
goods and groceries, and at New Orleans
the prospects are considered bright, though
cotton is dull and sugar quiet. Cotton de-
olined three-sixteenthS on sales of 1901 900
bales, for while no important change ap-
pears in receipts or in exports the con-
tinued pressure Of the enormous holding of
stocks here and abroad is felt.
There never has been a more phenome-
nally satisfactory season for textile manu-
facturers or dry goods. Cottons are higher,
especially prints, though a cut is seen in
ginghams, but most mills are sold for
months ahead.
The output of pig iron Feb. was H.
451 tons against la, 06S last month, and the
unsold stocks are reduced G, ISL tons. Sales
of 70. 900 tons OF rails are noted, with one
large order for Cuba, but plate and bar iron
are weak.
"Ths business failures during the last
week number for the United States 222 and
for Canada A, a total Of 266 against 301 the
previous week.