The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-07-03
SUMMER GOODS ARE SELLING.
THE WARM WAVE IMPROVES CIR
TAIN LINES OF TRADE.

The Movement of Goods for Fall De
livery Observation-Disclosures an'
Merchahts CONFIDENT That the Fall
VIII Bring n Larger Volume o.
Business at Higher Prices-GenernI
Trade Reported quite satisfactory
at Several Points.
New York, July 2-Bradstreet's to-mor-
row will say. Better weather has fav-
orably affected the sale of seasonable
goods, particularly clothing, hats and
shoes Orders for prompt shipment are
fewer, but the movement of goods for fail
delivery has begun. The most encour3g-
ing feature is the continued and, in some
Instances, increased confidence of mer-
chants and manufacturers that the au-
tumn will bring larger volume of bust
ness at higher prices.
General trade is reported quite salts
factory at Kansas City, st. Louis. Omaha,
Memphis and New Orleans; fair without
special expansion at Milwaukee, Minne-
apolis, Cleveland Savannah, Galveston
and Chicago and slow or quiet at Biz
mingham, Little Rock, Atlanta, Charles
larger eastern centers records any in
crease. The least favorable feature of
the week is found in disappointment at
the lack of demand and reaction in quota
tons for some varieties or iron ana
steel. The threatened idleness of 100000
iron, steel and glass workers and soft
coal miners Is except in the latter in.
stance, due in part to the season of the
year.
Exports of wheat flour included from
both coasts Of the United States and from
Montreal this week. amount to 2,676. SS3
bushels against 2,lJ6.OOo bushels last week
and 1901 900 bushels in the last week of
June, 1896. Exports of Indian corn amount
to 1,923, 1888 bushels this week, as compared
with 2,2S1, 900 bushels last week, and 1885,
900 bushels in the corresponding week last
year.
There are 7,024 business failures report
ed by Bradstreets throughout the United
States during the past six months, a fall
ing off of SIS from the like total last year,
with which exception II Is the largest ag-
gregate of failures in a like period.
THE total liabilities Of the individuals.
firms and corporations falling amount to
500, SO, GOO, decrease of Sl1,S79,000 from the
corresponding total last year, and Of ST.,
100000 from the liabilities reported in the
first half Of the panic year OF 1898. This
total is also smaller than in the first half
Of the year 1884.
while there has been only a moderate
decline In the number of failures since
last year, liabilities have been unexpcct-
eddy increased by the embarrassment of
several large manufacturing and other
concerns In New England within the past
quarter. II is worthy of note that the
New England states and the territories
alone among groups OF states and terri
tories, report increases In the number OF
failures compared with last year
There have been 1.074 business failures
reported from the dominion OF Canada to
Bradstreets during the past six months.
ten less than an the first half Of last year,
with aggregate liabilities amounting to
N.6is.O00 decrease OF about per cent.
There are thirty-two fewer failures IN the
province Of Ontario and eighty-five In
Quebec, but liabilities OF falling traders
In the former show a slight Increase, while
those IN the latter indicate moderate
decrease compared with the correspond
ing period last year.
New York, July ar. q. Dun & Co.'S
weekly review Of trade tomorrow will
say: Midsummer vacations have COM
mthteN IA many WoThtt Win the utcItdet
Of orders usual al this season.
This customary vacation Is called a
strike where agreements regarding wages
for the coming year have not been reach
ed. and the extensive strike Of the ANAL
gamatd iron workers announced July !. Is
Of this nature, but the strike OF coal min
ers In Illinois and other central western
states IL not, aud may prove costly. In
some iron and cotton works wages have
been reduced owing 10 low prices, one
cotton mill in Virginia closing because a
reduction was not accepted. With better
demand the employers will seek an agree
ment before long. 30 that the situation Is
distinctly Of a midsummer character.
Large hopes are built on prospective
demand after the tariff bill has passed.
but the pressure Ia the market OF large
importing stocks may defer A. The gem
erai belief "a that ths removal Of uncer-
tainty VII In any case Increase business.
Since much Of the future depends on