The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-03-17
BETTER TINES ON THE WAY.
All the Signs Point to a Revival Of
Business.

DuSlHtOOs
The Mild Weather Stimulating the
! Consumptive Demand for Staples
Of Every Line-The List of Manu-
/ featuring Concerns Resuming Opera
tons Increasing Daily-Silver a
Little Cloud.
New York, March 10 Bradstreet's to-
morrow in their statement of trade will
say: The unusual prolongation OF mild
springlike weather during the early por-
ton of March has greatly stimulated the
consumptive demand in almost all staple
lines. Confederation of this is found in
almost unanimous reports of increased
sales from six of the larger distributing
points in the New England and Middle
states, where general trade has
heretofore been reported barely
steady. Many southern buy
ers have been visiting Baltimore.
Chicago reports continuance of last
weeks very favorable statement regard
ing trade, this week having been the best
thus far in the season, with many buyers
in the city and some dry goods houses
working nights TO keep up with orders.
AUGUSTA BOOMING.
THE most striking evidence of i'm
provement south is from Augusta. where
all the mills are running on full time and
the demand for cotton goods has in
creased, although improved crop pros
poets in Texas tributary to Dallas, to-
gether with increased immigrat ton, have
stimulated sales. as compared with Feb
ruary, and prices of real estate.
"lhere are fewer sales of linn har and
an increased movement of fertilizers at
. Charleston, but at Nashville, Birming-
ham and Mobile, trade generally is quiet
Rather more encouraging reports are re-
celVed from Chattanooga, Savannah, At
lanta and Galveston Nearly all the
larger western cities give evidence of an
improved feeling in business, contracts
specifying more encouraging prospect"
REVIVAL or PRODUCTION.
r. G. Dun & Cos, weekly review of
| trade tomorrow will say: week by
week 1t IS found possibly by an increasing
number of concerns to revive production
with general range of prices the lowest
ever known, MANY with a doubt as to
how long they will be able TO operate
Thus the measure of resumption by
works or hands or hours Of
labor is not measure of the re-
Vlval in business, either as to
the quantity or values of the goods
distributed. Prices of commodities are
this week on the whole, the lowest Of
which there is any record, having de-
clined II per cent. in March and averag-
ing lib per cent lower than a year ago,
so that more than third of the decrease
in the volume of all payments is due to
the decline in the prices of the things
consumed
Six more iron furnaces have gone into
blast this month, in part because prices
OF finished products are a shade lower,
and further contracts have thus been Sc
cured. Pittsburg gets the lions share,
and has most of its works in operation
cheaper freight having helped this week,
with lower wages and coke, and contracts
for mesabi ore at $2.2
''The Illinois SteeLWorks are about to
resume in part, having secured orders for
rails, but at the east rails are inactive,
and deliveries every where are the lowest
for many years.
"Cheapness of material and labor slim
ulates the erection OF many buildings,
both east and west.
Pig iron does not change in price but
sales are somewhat more easy.
COTTON GOODS STEADY.
"Cottons are generally steady, though
good results have followed a small ad-
vance in Lancaster ginghams, and fur
Their concessions in brown goods are re
fused. But the stocks OF print cloths are
the largest in March since 1888.
The volume of business as represented
by all clearings this week is 81 2 per cent.
less than year ago, and at all cities out
side of New York 2l.4 per cent, against
IA per cent. last week.
THE monetary conditions have been
growing more favorable, though it is i'm
possible TO say how far they may have been
changed by the passage of the seigniorage
bill on Thursday. Some nervousness in
the market is seen already, and at least
Sl,25O,0O0 gold will be exported to-day
The treasury has been improving its
condition, for while the customs revenue
this month has been As per cent. less than
last year, there is some recent increase
in internal revenue through removal of
spirits from bond TO avoid a higher tax
With none of the outgoing from city
banks that is usual at this season, there
is almost unprecedented want of demand
for commercial loans, and for the best
paper 3 per cent is quoted.
0"The exports of products are 40 per
cent. above and imports 30 per cent
below last year for the month thus far
"The number Of failures this week is
E64 in the United States against $50 last
year, and fitGy-1ive in Canada against
thirty last year. The absence of i'm
pOrtant embarrassments is still most en-
pOl1pa O1uu ~