The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1893-01-17
TOPICS OF trade.
Active Preparations for the Spring Bust
ness Notwithstanding the Weather.

Active Preparations for the Spring Busi-
MISUNDERSTANDING the Weather.
New York, January 13.-R. G.. Dun 4;
Co.'S weekly review Of trade will say: The
pause i'll business incident to the holidays
se,ens to last longer this year than usua 8,
but the severe weather mas gwen Il power
tul stimulus to trade in heavy boots and
shoes and WOoienS, and preparations for
the spring business are going on actively
with the utmost confidence. In spite of
reports that more gold will go abroad,
and i'll spite OF uncertainties regarding leg
lSlatlOn on the money question, the bust
ness world seems inclined to believe that
there will be no serious financial embar-
rassment. especially as the average of COM
mercial indebtedness ia remarkably low
aud failures have been comparatively un-
important. No interruption of industrial
activity is seen, though it is somewhat
more depressed, but i'll other important
branches a distinct improvement is noticed
i'll preparations for the spring trade.
she Cotton Market.
Speculation in cotton has been liquidat-
ing, the price declining a quarter, although
receipts this week are 10000 bales less and
exports 10000 more than a year ago.
Larger estimates of the crop are now sent
out.
The treasury has been disbursing freely
since January LIST, and very large returns
lower rates h"re, but foreign exchange
advances and exports of gold are expected.
Merchandise imports continue fully up to
last years figures, while exports from
New York for two weeks have Declined
$500, 900, or over so per cent. 1t is evil
dent that no large shipments of securities
or Withdrawal of foreign capital will be
needed during the coming months to cause
some outgo of gold.
Business failures during the past week
number for the United States 2S6 and Can
ada twenty.
What Eradstreet Says
Bradstreet's circular on the state of trade
says: The more striking features IN the
business week include another shading oil
pig iron prices at St. Paul, together with
further reaction i'll print cloths cotton, rice
and live cattle at Omaha, while sugar IS
higher at New Orleans, leather at st. Louis,
whisky at Cincinnati and Louisville and the
live hog market generally, together with
wheat, corn and oats, all OF which snow
gains in price.
The extreme cold at the west and north
west, while helping the sales OF heavy
weight wooiens. clothing. shoes and hats,
served to restrict the movement In most
other lines of staple goods.
New England cotton mills are largely
sold ahead, but stocks of print cloth at
Fail river are only 5000 pieces against
100000 pieces year ago. Baltimore job
bcrs. who deal extensively all through the
southern states. report a most active de-
mand for clothing and shoes, together with
what may be classeQ diStinctiVely
spring goods.
Cnilrctions Reported as Good.
Collections there are above the average,
and the prospects for trade are good. Rich
mond and Nashville are sending out com
mercial travellers all through the south.
The city first named announced that colCc-
tons on sales of plug, cheroot and ciga-
rettes have been dull throughout the south,
with which the weather interfered.
The movement of merchandise at Mem
phis and Charleston has been moderate,
while that at Atlanta is satisfactory, being
in excess of the volume one year ago. This
is true also at Birmingham while at New
Orleans easier cotton and rice prices have
been offset by stronger sugar and an in
creased merchandise trade followed by
preparations for il 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 tEat port
arc promised during 1888.
The general trade is of moderate volume
all through the west.
IN BIRMyNGHAM'S STREETS
A Man "Holds Up Ncgro-A White Man
Interfrres and Is Shot Down.
Birmingham. Ala. January 15.-(Spccial)
Last night Perry Il Carpenter, Il young man,
WAS going home and at Fifth avenue ana
twenty -UTSI street SdW Il Wil1IC man uoU-
ing up a negro. The man had his pistol in
the negro's face and the negro was holding
up his hands. Carpenter called out What
are you doing?' At that the man turned
on Carpenter with the exclamation: Damn
you, what is it to you!" and shot him twice.
Both balls entered Carpenters body and
he fell fatally wounded. The murderer
escaped
The negro says he encountered the man
while walking along and he demanded some
cartridges, saying he had only two, and
wanted three more. The negro had none
and was then ordered to hold up his hands
at the pistols point. At this moment Car
penter called out.
The locality is in the main residence por-
ton of the town, and is the same place
where three young ladies were recently as
saultd on the sidewalk by a man who tried
to drag them into an alley.