The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-14
TRADE A LITTLE LIVELTER
Reports to BTadStTeet'S Of an EnCOur-
aging Nature.

aging Nature.
The Improvement in the Building and
Some Other Trades Checked by
Strikes According to Advices to
Dun-Large Purchases of Wool for
Speculation-No Important Change
In the Money Market-The Weeks
Failures.
New York. April -Bradstreet's to-
morrow will say Notwithstanding the
manifestly depressing. influence on the
movement of staple goods. owing to the
unreasonable wintry weather of the
week, the kilograms TO Brad
streets from many of the more
important distributing points contain eyl-
deuce OF renewed activity OF influences
for improvement Increasing purchases
in leading lines at Savannah, Blrmlng-
ham, Mobile and Atlanta are features
and consumers at those points are buying
more extensively for cash.
collections south are said TO snow
Improvement very generally.
Encouraging advices are received
from the Jacksonville vegetable section.
but straw berry shipments are light, and
wholesale business is fairly active, al
though northern travel is lighter.
mo special change is noted at Calves
ton. Memphis, Nashville, Chattanooga or
Charleston.
tsBusiness is fair only at New Orleans,
the orders received being numerous, but
small, and transactions in rice more con
spicuous. There is an increase IN the
request for cotton yarns, shoes, morocco
and leatherat Philadelphia.
Baltimore jobbers state that bills due
Auril l have been discounted with con-
siderable freedom
THE industrial situation is more COM
plicated and less encouraging. There is
a prospect of a widespread strike OF coal
miners and others this month, with
probability of further strikes and lock-
outs at the larger cities early in May,
There are ffty-siX strikes now IN force
throughout the country, involving about
$4,000 people.
OBSTACLES IN THE PATH.
New York, April 18.-R. G. Dun &
Co. s, weekly review of trade tomorrow
will say: Business improvement meets
with many obstacles and is scarcely as
distinct as it has been in recent weeks.
%Strikes have checked the improve
ment in building ana some other trades
and scarcity of coke has caused the
closing of some iron works while a strike
of all the bituminous iron workers IS
ordered, and may prove serious.
.sMore favorable crop reports than were
expected, which Justify larger hope for
next fall, have arrested the upward
tendency in prices Of products.
The renewal Of gold exports occasions
some dlsquietude. But the gradual ex-
haustion of goods in the hands of dealers
makes the consumption of the people
more distinctly felt, and apparently
larger, and this demand increases with
the gain in the number of hands at work.
UNCERTAINTY AS TO THE FUTURE.
ait cannot be said that uncertainty as
to the future has materially diminished,
but there is an evidently growing impress
sion that there will be no Improvement in
legislation on the currency or the tariff.
This impression, whether erroneous or
not, influences the action of many. The
proposal to remove the tax on issues of
state banks is not by many thought likely
TO prevail. On the whole, though prog
reSs is still INSTRUCTED by uncertainties,
il has not been arrested.
1.-The output of pig iron April was
1926. 1872 tons weekly, against ITO, l66 March
/, which is more encouraging because I'M
sold stocks decreased 10, 1876 tons. The
actual consumption thus indicated, about
100. 400 tons, is only third smaller than
year ago, but some furnaces and works
have been stopped since April / on ac-
count of the strike of the Connellsville
coke workers, which again bears fruit in
bloodshed and destruction of property.
Several large sales of Bessemer iron
are reported at Sl0.95 at Pittsburg, and
considerable sales of No. foundry at Sll
there, while much improvement is seen
in the business of the east. At Chicago
the trade has fallen of on account of the
strike in the building trades
NEW WOOL COMING IN.
"New wool has begun to come forward.
and as the yield is expected to be greatly
reduced, prices are slightly frmer, with
large purchases for speculation.
The money market has changed very
little, but $4,000, 600 in gold goes to Paris
to-day to purchase Spanish coin to be
paid for Cuban sugar and exports of mer-
chandise have fallen below last years
THE treasury receipts for customs in
April are 43 per cent less than last year,
with the internal receipts somewhat
smaller. The treasury deficit has been
S2,000,000 for the month thus for, be-
sides interest payments, indicating a de-
ticit of S10,000,0O0 for the month. Bank
ers deny reports that further bond issues
are under discussion, but gold exports
with deficient receipts may quickly
change the situation. No improve
nnent is seen in commercial loans, and the
large increase reported by banks is
mainly due to stock transactions. The
most cheering sign is the decrease in the
importance of commercial failures, for
though one mortgage loan concern
mas failed with liabilities of
S5,500,000, the liabilities in all
the commercial failures for the
first week of April were only 50, $780,
sol, of which SS00567 were of manufac-
turing and 81 Dos 240 of trading concerns.
The failures this week have been 2lS,
in the United States against 1877 last year
and thirty-four, in Canada against
twenty-five last year.