The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-01-19
"a CHANGE IN BUSINESS.
n lrrT0Ved Demand in Some Lines
Gives ENCOURAGEMENT.

e.. cloths Fall to The Lowest Price on
e.--~d-Prioes for Wooden and Cotton
-,,4s so Low That There Is Prao-
..-.uv No Profit-Jobbers in South
-s-oltna and Georgia Complain of
s-,u,ess IN Mercantile Collections.
general Business Hesitsting Much
Fl .sr-Has for Months.
,--o york. Jan 1s-Bradstreet's TO-
..--7 VIII say. with few exceptions.
-. commercial. financial and Industrial
.-.--sz indicate only a retention Of the
----,-=nent heretofore noted. Among
= ~ore favorable phases Of trade is
.,--s somewhat improved demand for
r=-zrer pig iron and steel b.Iets. wool
~ -rreer goods. shoes. hardware. and
- an extent, for leaf tobacco. Although
.-z-- s-l IRON have advanced a trife
.--~ me lowest quotations recorded
---- cloths have gone down 10 the lowest
hire on record. London wool sales open
I'll five per cent. off. which affected prices
-s-z infavorably. One southern pig iron
.,-.-sav IS reported TO have taken an
. ,-5z- under So. and wooden and cotton
n Goods manufacturers in the eastern.
s~--sf and middle states declare prices
- go low and broken that there is
--7--.-llly no proft. General lines of
--.oa goods are affected by the condi-
--s resulting in depressing prints. and
A although Einghams are more animated
and -he demand for foreign wooden dress
goods IS noticeable, domestic wooden
dress goods remain quiet. with little new
4 business for the mills.
.I0bbers in South Carolina and Georgia
complain of slowness in mercantile col
,a-.ons and general trade throughout
~ south, as at the west and northwest.
continues hampered by unreasonable
weather
.BsIImore reports that south
e-l merchants continue to hold off. as
me prices of almost all staple lines are
4 lower 1hau ever.
Tie most favorable report from the
=7a-i is that the usual semi-annual div
15-ls have been declared by the cotton
. tsc-c-es. ana that the latter have fair
orders
f g Dun & Company's weekly re-
view Of trade tomorrow will say: There
are some good signs, but they do not as
Fl extend to business generally, which
resatates much as in has for months
Gold continues TO go abroad. s5,55O,C00 hav-
ing gone this week. and the deficit of
revenue IS already over So, 10000 for the
month This state of facts, with the fail
gr5 Of congress to make provision for
borrowing, or for increasing the revenue,
Fiji operates to retard a wholesome re-
7rerN and the volume of domestic trade
egorte7 by exchange through clearing
houses is again about per cent.
r-~ than last year. as il was in the
.rs. week of the month, but is S3.7 per cent.
muller tEan two years ago. a higher rate
q decrease than for some time past.
Tae industries are meeting a larger
demand for some products since the new
raar began, but rather less for others.
al 20 ia1nite improvement appears in
me prices Of manufactured products or in
7ees I'm the main, it is awaiting condi-
with much hope that positive i'm
r7'em, is not far of. but not very
-af.s.a -ory evidence of it as yet
is somewhat more doing in the
11- tlsiness enough to cause a shade
q. tung prices for Bessmer iron and
-,- at Philadelphia. where there is
s1 IN improved demand for finished
PRODUCTS, but Pittsburg all changes
i510r'ed are downward The large con-
tract Tor the Blackwells island bridge
no one or two smaller contracts give
oaa that the consumption. which has
aged much behind the production of
re iron. may presently catch up. Yet
be- rail movement does not gain, the
'7ral shipments in 1894 having been 725.000
tons. and in spite of a larger demand
rails are as low as ever. Orders for bar
'rcn are not large. though better are
e"nected and harbed wire is in light
demand a IS cents. A combination of
axe ore producers, outside the Messabi
nine. is expected TO advance the price
cents per ton, and il makes some differ
e1ce a The west that the freight rates
or Ccnrellsville coke have been reduced
cents at Chicago.
The prices of cotton goods are still
depressed, print cloths to 2la cents, the
o0est ever known. and leading ging-
hams to ~ cents, and transactions are
iairlv large.
The exports from New York for two
weeks Of January have fallen but slight
behind last years. while the imports
sre about S1,7o000o larger. owing mainly
r. 'he increase in dry goods.
he failures this year to Jan. 10 We're
r amount of liabilities 4,522.5 of which
'-,-a5i-S were Of manufac curing, and
&6f3 of trading concerns. The fail
res Tor the week have been 373 in the Uni
"a States against 407 last year, and so
p Canada, against As last year