The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-11-30
BUSINESS WAITS FOR A BOOM.
MILD WEATHER ONE OF THE
CAUSES OF INACTIVITY.

Most Buyers Also DisincIined TO Add
to Their Stocks During the Closing
Months of the Year-COttOn ana
Grain Still Held Back for Higher
Prices-The Decline in Prices in
Most Lines Due in Most Instances
Solely to the Inactivity.
New York. Nov. 29.-Bradstreets to-
morrow will say: THE volume of general
trade shows a falling off compared With
the preceding week largely owing to the
Intervention of the Thanksgiving holiday
but in part to the continued effect of mild
weather east and south, storms in the
central west. and the usual disinclination
of buyers to add to stocks during the clos
ing month of the year
Western jobbers report activity notice
able in clothing. wooden goods. rubbers,
shoes and holiday specialties, with some
increased demand for coal and light hard
ware.
General trade remains unchanged at
the south, with mercantile collections in
some instances improving, the tendency of
cotton to move slowly and merchandise
smaller than in October, Texas merchants
report fair movement of notions and
fancy goods. but check to distribution of
groceries and dry goods.
There are 2SS business failures report
ed through the United States this week,
noticeable falling off from the total one
week before, 1923. and even when compared
with the total one year ago, 307.
The most striking industrial feature is
the continued reaction in prices in iron
and Steel Bessemer pig being off % cents
ar w wit
reactions in prices for wire, sheets, and
other forms. There is little likelihood of
an increased demand or a reversal of the
price movement prior to the middle OF
January.
There is an improved demand for boots
and shoes at Baltimore, Chicago and st:
Louis as we'll as at some New England
manufacturing centers, while at Philadel-
phia the demand is not so conspicuous as
previously.
Dry goods are quieter, with the con-
Vnued unreasonable mild weather and the
revival of the holiday trade. The strength
OF cotton maintains the price OF cotton
goods.
Stock speculation at New York is wait
ing for the meeting of congress and for
The beginning of the agitation over the
currency, which is considered probable
at this session.
Bank cIearings throughout the United
states amounted to $S70000,0O0 this week
ana reflects rather more than the GUS
lQmary falling off incidental TO Thanks
with the preceding week amounting to q
per cent.
The general tendency of prices of sta
pies continues in line with that shown
IN TWO or three preceding weeks-a clear
majority of those usually quoted showing
decreases as compared with the week be-
lore, notable various forms of steel and
ron, including wire; hides, live stock
wheat, flour, Indian corn, oats, pork, lard
eouee, petroleum and print cloths. Prac-
ueally unchanged quotations are announc-
~ for lumber, coal. leather, naval stores
ieai tobacco, sugar and wool. The more
eonspicuous advances appear to be con
hned 10 wheat, bc a bushel: cotton &c a
found, and some Of the cheaper grades
"I paper stock, fractionally."
H. o. Dun g. co. will say tO-nlorro ~
~ their weekly review OF trade: The
tilures for four weeks OF November
nave been s8.sls9 90. .0f which ST .AsT 08C
we're Of manufacturing and 1855 90 81
..adinK concerns During the past week
r. failures have been 20 IN the Enifed
states against 2s9 last year. and n IN
anaqa, against 81 LAST year
'usinfss has not improved. though tic m
+. very little change, except ln the shrink.
XXX ~ prices which q period Of inaefh5u
"aiprally causes. Retail stocks are atill