The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-07
TRADE QUITE IRREGULAR.
Previous Gains Followed by Shrink
ages in Many Instances.

Southern and Southwestern Cities Re-
gard the Outlook as Favorable as
Heretofore-The Strikes Through
out the Country the Industrial Fea-
ture of the Week.
New York, April 6.-Bradstreet's to-
morrow viii say: special kilograms
from important distributing centers re
port general trade quite irregular, pre-
vious gains having been followed by
shrinkages in many instances. Only
three out Of six of the more important
cities in the New England and middle
states furnish encouraging reports as TO
trade this week, and not more than one
! third of the cities west or northwest send
! corresponding advices. Three-fourths of
the southern and southwestern cities re-
gard the situation at least as favorable
as heretofore.
New England shoe factories are run
ming on part time, but there is a better
! demand at Boston for lumber.
Some Philadelphia cotton manufac-
| tUrers regard the outlook as more favor
able as do dry goods and notions job
bers and dealers in morocco and leather
and shoes
Baltimore jobbers have been pleas
antly disappointed by the unexpected
freedom with which North Carolina and
! Virginia merchants have been purchas-
ing, the sales of dry goods, millinery and
notions having been heavier than antici-
| pated. Collections IN South Carolina,
however, are giving some uneasiness.
IMPROVEMENT AT MEMPHIS.
"Some gain is reported at Memphis,
| particularly in dry goods and plantation
supplies, which is true at Atlanta and
| Augusta as well, where retailers and job
bers report better cash sales than for
| some time.
Birmingham, iobbers in groceries re-
! port increased sales as do those in dry
| Orleans, although exports of grain at the
latter place are checked.
Business at Chattanooga is good con-
| sidering the season, and few complaints
are made by leading merchants at Little
Rock, Galveston and Savannah.
Trade at Charleston, however. is re-
ported quiet, the sales of lumber only be-
ing fair.
The damage from frost in the vicinity
of Nashville a week ago was small.
THE industrial feature of the week is
found in thirty-one strikes throughout
the country, involving 10000 employees,
principally among the building trades at
at New York and Chicago textile indus
! tries at Paterson and New York; coal
miners and coke operatives in Western
Pennsylvania and further west. Notice
ably large increases in the number of
small strikes weekly have taken the
place of assumptions of industrial estab-
| lishmentS.
Manufacturers of print cloths have
marked the price up One-sixteenth of a
cent, and report the demand brisk
Increased demand for billets and
| Bessemer pig is due to shaded quotations
| The trend of prices continue downward.
'One hundred and ninety-nine failures
| are reported to Bradstreet's this week,
against 246 last week, 1856 in the week a
year ago, l65 two years ago, and IFS three
| years ago.
THE RECORD OF LIQUIDATIONs.
New York. April 6-R. G. Dun & Co s
weekly review of trade tomorrow will
say: The improvement in business has
continued since the Presidents veto
which has been sustained in the House
But the best news of the week is the
great decrease in the number and impor-
tance of the failures, of which full re-
turns are given for the first time in
months in the quarterly statement The
| number was 2,090in January, POP in Feb
rGary and ,005 in March. The commercial
liabilities were $3l, 800, S67 in lJanuary,
SlG93O 4l9 IN February, and Sl4, 13O.S93 IN
| March. Nearly half the commercial LA
bilities of firms failing occurred during
the first month, much more than half of
the trading liabilities, "a per cent as the
full statement shows, 40 per cent. of the
| new liabilities, and 40 per cent of the old
commercial liabilities. Moreover. nearly
two-thirds of the banking liabilities OF
failures occurred in the first month, and
over half of the railroad liabilities.
Though the number of commercial
failures, 4, 800, in the United States, was
never equalled in any quarter until the
third of last year. the average of liabilities
I is only Sl4,S90, which is lower than has
appeared in the records of thirty-eight
years at any time closely preceding any
serious reverse.
The degree of commercial soundness
and health thereby indicated, gives
ground for hope that the liquidations
consequent upon the disaster of 1898
have been in large measure accom-.
plished.
SIGNS OF TMpROVFMFNT