The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-12-11
BUSINESS GROWING BETTER.
MOMENTARY LULL OWING TO MILD
WEATHER, BUT OUTLOOK GOOD.

Trade i'm Holiday Goods, Groceries
and Kindred Products Steadily In
ACKNOWLEDGEMENTS From the south
as "a Whole Very GOod-The Price
Situation One of Sustained and AG-
gresslVe Strength - Speculation
Much More Active.
New York, Dec. 10.-Bradstreets to-mor-
row will say: Mild weather throughout
most of the country has interfered to some
extent with the distribution of winter
weight clothing and other seasonable
goods, and trade from first hands is quieter
even than last week. Jobbers and retailers,
however, report a steadily increasing and
in some sections very active business in
holiday goods, groceries and kindred pro-
ducts.
Reports from the south continue, as a
whole, very good, with specially favorable
accounts from New Orleans, Atlanta,
Nashville and the central south. Collec-
lions are, as a rule, generally very salts
factory in spite of the lower price of cot
ton.
Favorable reports come from Chicago,
Kansas City, ST. Louis and st. Paul
THE price situation is one of sustained
and even aggressive strength. Wheat is
higher, partly on improved statistical po-
stion, but largely in sympathy with the
Chicago squeeze, which has advanced
prices 15c per bushel in that market with
in a week. All the other cereals have SYM
pathized with wheat and coffee, cotton,
leaf tobacco and raw sugar are also among
the prominent staples which have been en-
HANGED in value. The decreases have been
few.
Cereal exports continue very large,
though showing a falling off from last
weeks heavy total. Total exports of
wheat and flour from the United States
and Canada this week aggregated 6,00J.
63S bushels, against 6699,O00 bushels last
week, and T. 900 bushels in the week a
year ago. corn exports also show a fall
ing off, aggregating S,06S,000 bushels this
week, against 4, So4 900 last week, and 3541, :
900 bushels last year.
There are 292 business failures reported
throughout the United States this week
against $50 last week, and 315 a year ago. "
Bradstreets Financial Review tomorrow
will say: Public interest in speculation
has increased to some extent but the ac
tivity and strength of this weeks market
We're again largely due to professiona
manipulation. The Presidents message
especially that part referring to Cuba
was favorably received by the street, anC
1t is apparently concluded that the danger
of the unsettling agitation of the Cuban
question in congress has materially les
sened. The leading operators, who hav,
taken hold of the share market on tn,
bull side, are supported in their atttud,
by the increasing activity in bonds an,
the large investment demand at ADVANCING
figures, the movement having now extend
ed from high grade securities to the sec
ond class of railroad mortgages. Larg
increases in railroad earnings continue /,
be one of the chief actors, and rumor
are current regarding the payment o
ar NV H.
OF companies Early in the week tn
street had one disappointment in regar
10 an extra dividend on sugar stock
which was not declared. The general mar
ket, however, manifested disposition t
cut loose from Sugar. and was indeed
somewhat inclined to disregard other un
favorable factors. London has continue,
TO sell sparingly in this market"
r. 9. Dun & Co.'S weekly review o
trade will say tomorrow: THE opening o
me congress with the annual message o
The President has not discouraged bushes