The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-09
BUSINESS GROWING BETTER.
THE ADJOURNMENT OF CONGRESS
ONE or THE CAUSES.

An Improvement Reported in the De-
mand for Lumber and Other Build
ing MateriaIs-Augusta Cotton Fac
tories Securing Many orders and
Increased Sales Reported by south
ern JObbers in Nearly All Lines.
Foreign Wooden Goods in Good
Demand.
New York. March S.-Bradstreets TO-
morrow viii say: "The general business
situation shows more Improvement. From
several centers this is declared to be
due in part to the adjournment Of con-
gress. and 10 some extent TO better
weather. Gains are shown in improved
demand for lumber and other building
materials, and in the receipt Of larger
orders for structural iron and steel. to-
gether with the absorption Of available
stocks of Bessemer pig iron"
In the south, the Augusta cotton fac
tories have received a large number Of or
ders, many for future delivery. and in
almost all directions jobbers report in
creased sales of staple dry goods, hats,
shoes. millinery and hardware.
Fine foreign wooden goods continue to
attract the special attention heretofore
reported and are competing successfully
with corresponding American grades. Lon
don wool sales report a moderately higher
and stronger market.
Cotton goods generally are weaker.
and print cloths once more are down TO
PIC for SIS.
'Jobbing at Charleston is more active
and a number Of merchants are north TO
obtain goods
Improvement is shown in the sales Of
shoes and clothing at Memphis and there
is better feeling in Louisiana since the
passage Of the sugar bounty act.
Atlanta and Augusta report larger sales
of hardware and dry goods.
Trade has been quite slow at Chatta-
nooga and Nashville, but the outlook is
for improvement.
AT Jacksonville. and Savannah business
is fair and collections moderately so.
no change is reported from Birming-
ham, where collections continue slow.
Galveston advices are that trade is not
as good as a week ago"
New York. March S-R. C. Dun & CO. IS
weekly review Of trade tomorrow in
say: THE congressional adjournment,
and proof that though the rate of eX-
change rises to and even above the ship
ping point gold does not 90 out, have
produced a much better feeling.
Prices do not improve. and there is
on the whole no gain, but some loss in
wages, while strikes of 1900 coal miners
near Pittsburg. and several thousand
building workers here, besides strikes
in ten or twelve textile and iron establish
ments, further lessen the purchasing pow
er for the time But anticipation Of i'm
proved demand for goods Is general. and
many are manufacturing and buying be-
yond present needs on the strength Of IL.
Tears Of financial disorders no longer
retard business.
STRIKES to resist reduction of wages
in several textile works, and reductions
effected in some others by no means con-
tradict the accounts that the mills are
receiving somewhat better orders. Prices
of goods are very low, and print cloths
have fallen to 244 cents, below any former
record. The rise in cotton helps the goods
market this week, but is not guaranteed
to last.
1.-The money markets have hardened
somewhat, and rather more commercial
paper is offered, especially in dry goods.
1.-THE liabilities of the failures in Feb
ruary amount to sll,250,122 against ST.
S95, $40 last year, $316.7S2 being in manu-
featuring. against S9.1099S6 last year. and
1924 ,692 in trading, against s., 900 207 last
year The failures for the week have
been 234 in the United States, against PAS
last year. and IS in Canada, against 60
1aa