The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-27
BUSINESS DECIDEDLY BETTER.
CONFIDENCE TAKING THE THRONE
~ LONG BELD By DIsTRUST.

Fewer signs of Hesitation in the
Productive Industries Than in
speculative Prices-The shops Re-
.umiug Work Much More MINER
aus Than Those Closing for Lack
Of Orders-Cotten Mills Getting
More Money for Their Goods.
vsu York. April 26.-R. G. Dun & Co.'S
weekly review Of trade tomorrow will
saw: Neither the rise in the speculative
markets nor the steady gain in the indus
-res has ceased. and it is wholesome. that
there are fewer signs Of hesitation in the
productive industries than in speculative
prices
wages strikes grow more numerous
and cause some trouble, and the retail
demand lags behind wholesale sales and
iobbns purchases behind production in
some branches, but through many con-
f.ctns reports the fact shines out that
the industries are gaining. not with a rush
and whirl. but more safely.
CIT is less clear that railroads are in
creasng their earnings. or that over
production of cotton viii be cured by
The advance of rs cents in price. or that
coruerng short sellers of wheat viii help
10 market the large surplus. But the revival
Of activity in all directions, If possibly
excessive in some, helps confidence to
take the throne so long held by distrust.
Recovery is not often mathematically
equitable When the load of depression
rs lifted, and men md that better things
have come to stay, there must be many
contradictory changes. Quite a number
Of works have advanced wages during
the week, but strikes 10 compel an adj
vance, possible for some but not for
others. have grown much more numerous.
Some shops are closing for want of orders
but a larger number are resuiuing work.
The prices Of shoes and cotton goods
are rising: wool and woolens are lower.
1T would be a distinctly unnatural move
ment. inviting only distrusr, If IL were
sympathetic and with equal step in all
branches.
cotton mills are getting more money for
goods and have quite generally advanced
wages. The consumption of northern spin
uers al the maximum, would be in eight
months. 1850, 900 bales, but they have ac-
uaIly taken 1 $50 COO and have a profit on
5a 100 bales controlled of over $1,000 900.
The consumption is large and the advances
seem 10 be warranted.
Money is coming hither from the inte-
rior and a larger demand for commercial
liabilities appears, especially from manu-
featuring towns in New England and from
fThe failures for eighteen days in April
shows Liabilities Of s5975,592, of which 81,
e32 40 were of manufacturing and $3,2SS, -
week have been $50 in the United States
against l79 last year, and 81 in Canada,
against 26 last year.
Bradstreet's tomorrow Will say: THE
feature of the week is the continued
strength of prices of staples after the
striking advances of preceding weeks.
There is a firmer undertone in nearly all
lines of trade, but at a number IF points
the gains in the industrial are more mark
cd than in commercial lines. The furry
I'm petroleum is succeeded by a very dull
market. Wooden dress good mills have Sc
cured a number Of orders for fall deliV-
cry which accounts for the moderate
activity in the market for wool Cotton
goods are firm on the advance in cotton
and the higher wages paid eastern mill
operatives.
THE number OF strikes for higher wages
About p, 900 people have struck
in April, most of them for an advance.
The number Of voluntary advances in
wages reported as large. During the past
two weeks the wages of $1,000 operatives,
most of them in the textile lines, have
been advanced without strikes. As most
of those who struck for them received
higher wages, fully 5000 Industrial opera
tives appear to have had their wages ad-
Vanced since the beginning Of April.
Among the leading southern cities,
Nashville, Savannah and New Orleans
alone announce any Improvement in feel
ing or demand, and in those instances it
is pronounced.