The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-28
TRADES SKIES CLEARING.
Port in Sight After a Long and Stormy
Voyage.

Show an Increase Compared With
Last Year-A Somewhat Better De
m2ld From Consumers Noticed-The
Orders From Merchants Larger in
Volume.
New York, Oct. FIR G.. Dun &, Co. s
weekly review of trade says: Port is
in sight after a long and stormy voyage
and the prospect Of speedy end Of the
struggle over repeal has brought bright
hopes 10 business. 1t is still too soon to
expect much effect in trade and manu-
features and though monetary obstacles
! are to a large extent removed, there still
remain other legislative questions which
create uncertainty.
"A fact Of real encouragement is that
tho railway earnings for the third week
of October show an increase of 3 per cent.
over last year, the first increase for
| long time.
Wheat rose &c. although Atlantic ex-
ports fell TO l,1G0,G00 bushels for the
week against 100000 bushels last year,
| in part because oWestern receipts were
| but 5S63.0O0 bushels against $500, 900 last
year. But corn declined 4 with better
reports as to the yield; coffee declined
! 3-l6, pork products made only slight
! -
being 10000 bales greater than last year.
As yet there is seen only a continuance of
the faint and slow increase in distribu-
ton Of products which has been noticed
for some weeks. Nor does even this
! gradual revival in demand extend TO all
! branches
AMONG THE MANUFACTURERS.
'Most of the increase yet seen in cotton
! and shoe manufacture may be explained
! by mere exhaustion in the stocks of deal
| ers, as frequent requests for immediate
| delivery show, but there is also reported
a somewhat better demand from consul
| mers, and four more cotton mills have
| started and seven have increased their
| force against seven stopping or deCreaS-
! ing. similar demand has increased by
six the number of hosiery and knit
| goods works reported in operated. The
| shipments of shoes for the east in the
four weeks of October are
! Is per cent less than last year, against
! 81 per cent. in September; but against
| eight comparatively small wooden mills,
| starting, five have stopped, including one
of 5000 and another Of GOO hands
THE total sales of wool at the three
chief market S. including several million
! pounds believed to be for speculation,
| have been 9,201l 1852 pounds in three weeks
| against 2l.976, 900 last year.
IRON FURNACES RESUME.
1.-TWO additional iron furnaces have
! gone into blast, and the present output
may be a little larger than at the begin
! ming Of the month
Some rail mills have resumed manu-
! facture, apparently to provide for future
| rather than present wants of their Gus
| toners, and there is some addition to the
! number of nail and wire works and ma
| chine shops employed. But the demand
! for most products is small; steel billets
! are called tirmer at $50, ship plates are de-
| Hvered at Philadelphia yards for 81 So
| and bar sells with decreasing demand for
| Sl.35 at Chicago. 1t is hoped that none
! tary ease and security may encourage
railroad extensions and improvements and
architectural work, but the shrinkage in
demand is not wholly due to the state Of
the money markets.
FAILURES OF THE WEEK.
The number and magnitude ofthe fail
! ures decreased less than had been ex-
! peCted the liabilities in three weeks of
October amounting to $15,072 $50, against
s. 900, 900 for the same week last year.
| This week, there have been 1852 failures
| in the United States, against 1877 last
| year, and "A in Canada against 20 last
| year, Including one bank and two west
| ern failures for 81 100000 or more, there
! were 65 Of liabilities exceeding $1,000
| each'
| ORDERS FOR MERCHANDISE.
| Bradstreets tomorrow will say: COR
/ ders for merchandise in larger volume
! have been received at Baltimore and
! PittSburg, at Richmond, Nashville, Mem
! phis, Birmingham, New Orleans, Hous-
ton, Dallas Little Rock and Gal
weston, and at Cincinnati, Louisville,
! St. Louis and Omaha in the west This
is an unusually long list of cities at which
an Increase in the volume of business has
been recorded within a week, and it is
worthy Of notice that reports from them
in almost all instances specify that the
| increased orders have been for dry goods,
shoes, clOthinga nd groceries.
Mercantile collections are made more
! freely in the cotton growing regions, as
well as in the larger winter and spring
wheat states At cities in Georgia, South
Carolina and South Alabama. no increase
is reported in the volume of trade, and.at
some decline is visible.
UNSATISFACTORY IN THE WEST.
The industrial situation at the more
! important centers in the west is as un-
satisfactory as heretofore, while at ST.
| Paul, Minneapolis, Duluth, Milwaukee
| and Detroit the record of the years bust
ness in staple lines does not promise to
| equal the expectations of a month ago
/ The conspicuous upward movement of
| prices last week is succeeded
by correspondingly long list
/ OF decreases, among which are
| quotations from Indian corn, oats, cotton,
due to heavy receipts coffee, a reaction
from the extreme high prices. hogs, lard
wool, in some instances; and lumber, par
tiCularly at the south, where it has been
sold at aDnormally high figures Rico is
still held firm at the extreme quotations,
as are naval stores.
EXPORTS OF WHEAT AND FLOUR.
The exports of wheat and flour from
both coasts of the United States and
Canada this week amount to 1922 900
bushels, compared with 2.T09, 900 bushels
last week, 4,U1S 600 bushels in the fourth
week of October of last year and 1881 900
bushels in the year before. Nearly
100000 bushels were exported from
the Pacific coast ports.
"TOlonto's wholesale business is quiet,
the only signs of improvement being in
grain.
The volume of trade at Montreal is
smaller than at this time last year, all
lines reporting a moderate inquiry
an ATTEMPT TO WRECK A TRAIN.
The Top of an Engine Stripped Off and
the Coaches Damaged.
Charleston, s. c., Oct. 2T.-An attempt