The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-11-02
4 SLIGHT LULL IN BUSINESS.
FALLING OFF IN THE DEMAND
FOR STAPLES IN THE WEST.

The General Trade Among JObbers
in the south Only Fair at Most
Points-Birninghnm Helped by an
Increase in the Output OF Coal and
Iron-Many Shoe Factories Idle in
the East-A Review of the situation
in the Cotton Market.
New York, Oct. 1.-Bradstreets to-mor-
row will say: The volume of general
business has been smaller this week, due
in part to the drought although the wide
spread rains during the latter portion
Of the week have gone far to break the
dry spell In the west and northwest the
commercial demand has been mainly for
staples, but with a falling off in volume.
Larger eastern business centers feel
the effect of the falling off in the demand
at the west, notably Boston, Philadelphia
and Pittsburg.
At the south the general trade among
iobbers at most points is only fair, and
in some sections mercantile collections
are slower, with farmers holding their
crops. Business at New Orleans 1t the
close of the month is smaller in volume,
as is usual. Galveston reports very little
Texas cotton remaining in the producers
hands and the receipts falling off sharply
But general trade has improved somewhat
at Memphis, Atlanta and Augusta, and
to greater extent at birmingham, where
the output of coal and iron is much larger
than heretofore, and the number of en-
ployes at work correspondingly increased,
with the prospects more favorable than for
months past st. Louis jobbers believe
next springs business at the south Wiz
be the heaviest for years.
Inc industrial lines retain the features
OF previous weeks. The production of iron
ana steel remains at the full, with more
sltadlness in prices than last week.
Eastern adVices are that dulnesS char
acterlzes the shoe industry and many
factories are idle.
Business in wool has fallen off one
hat, manufacturers having filled their
immediate requirements and they prefer
70 want TIL the goods markets starts up
before buying further.
The recent weather conditions have
Helped the retailers of cotton goods, which
nave remained firm in prices, notwith-
sIandlng the break in quotations for the
The demand for window glass continues
Drisk, as does that for coal.
9 me bank clearings in the United
states this week amount to 81, 0S2 900, coo,
which is a falling off Of nearly six per
eeenI;, as compared with last week. The
ttolal TINS week is, however, II per cent.
iaag ger than in the week one year ago.
Inc prices of staples this week on the
"hole have been steady"
X D. Dun & Co.'s weekly review of
uIrae' to be issued tomorrow, will say:
he failures in October thus far re-
ported show liabilities of S11, 120, 48S, against
SS,;-yo'S92 last year, and S1S,995, 494 in 1898.
me failures of the week have been -27S
IN the United States, against 249 last
year and 50 in Canada, against 50 last
Inc rapid recovery in cotton and the rise
~ sterling exchange to the point at which
me last exports of gold were made, have
iiol increased confidence. Whether cotton
= kept back by planters, as many rea-
on or by spectators, makes no practical
-.lerenee If merchandise imports Qor the
PAST tour weeks at New York 80 per cent,
vt $lO2OO0OO larger than last year,. so
lar exceed merchandise exports Qor the
last four weeks at New York 1912 per
osht. or s2.600o00, larger than last year,,
as 10 cause shipments Of gold.
mere Is a little better demand for
most manufactured products, retail distri-
sguIon is fairly encouraging and the clos
inS Of many works is less significant at
ms season than it might be at others.
~ Is time of waiting and uncertainty,
weeks.
81, Cotton has risen to cents again. Spec.
1'alon turns for the moment on the dis