The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-03-25
GENERAL TRADE IRREGULAR.
But THE COMMERCIAL SIT; ALTON
SHOWS MUCH STRENGTH.

Coffee Is Lower, and the High Price
of Copper Has Decreased the De-
Tnnnd-KrOn Situation stu strong
boots and shoes Are EncOuras-
fng-CottOn Goods Hold Their Own.
and the Industrial Situation Is
Most Satisfactory.
New York, March 2L-Bradstreers to-
morrow Will say;
Stormy weather, retardins spring distri-
button in some sections has impaired an
Irregular appearance 20 general trade
while some few reductions in prices 81
leading staples, notably raw cotton aud
wool, copper and some few other metals
serve TO break the otherwise almost I'M
varying appearance Of strength Of staple
values
The general commercial situation, how
ever continues 20 present much apparent
strength, and the few lines that more
quieter tone of business find ready sub
stitutes among other branches. which as
vet. have been rather backward. The see
saw OF wheat prices has been upward this
week. theoretically on reports of crop
damage al home and abroad, bug largely
owing 10 speculative overseeing during
last weeks depression. which, by The way,
again developed some good foreign buy
ing
Better weather at the South and espe-
cially improved roads find reflection in
larger volume of receipts of cotton this
week, and the result is a fractional shad-
ing of prices.
Coffee, Copper and Iron.
Coffee is slightly lower on The week on
rather less active jobbing inquiry. while
the high price Of copper seems at last 10
be affecting demand, which has slackened
up, with a consequent drop in value OF
that metal synpathized in by declines in
Tin and lead.
The iron situation is SIN one of great
strength, though the volume Of business
is concededly smaller than for some weeks
pas, and one grade of pig, Bessemer, IS
lower on the week. Nearly every other
grade of pig iron is higher on the week,
however. Steel billets and rails are firm
.iy held, and nearly all classes OF finished
material are higher, rejecting the earlier
advance in the cruder forms.
The boot and shoe situation with jobbers
is quite encouraging. hides though dall
are firm. and the same is true of leather
while the current demand for the finished
product keeps manufacturers busy.
Cotton goods retain all their old strength,
though somewhat quieter in demand at
first hands. while the talk of combination
in The manufacturing branch OF the trade
has seriously unsettled the price Of raw
wool, which is weak and lower
Sugar reflects steady buying in. practical
ly unchanged quotations. Lumber is feel
Ing the stimulus of the approach of ac-
tive building operations. and white pine
and spruce are higher at nearly all mar.
kets. with har1woods sympathizing and
even outstripping these classes oil material
in their upward movement
Industrial situation Good.
Industrially the situation is satisfactory.
While actual advance in wages are as We;
confined 10 the cotton manufacturing and
the iron and steel industries the ourrent
of work in other lines is running fun
and the number of operatives who have
gained some advantage from the activity
in all Industrial lines totals easily 10000
Wheat. including -four, shipments for
the week aggregate 3746.761 bushels
against 4l14,Oi6 bushels last week. 1886 SIS
bushels in the corresponding week of 1898.
l.f494 l9 bushels in 1897. 1874 SS7 bushels
IN 1895 and 2,562.965 bushels in 1895. Since
july /, this season, the exports Of wheat
aggregate 1882, 562 bushels, against l7S
5l6,SSS bushels last year.
Corn exports for the week aggregate
6ss,62S bushels, against 4,211 S26 bushels Iast
week, 4496.257 bushels in this week a year
ago, 5,S62,6S7 bushels in 1897: ]. 727 959 hush
els in 1896 and 672454 bushels in 1895 Since
July !. this season. corp exports aggregate
l2e l5S'52 bushels. against 1871 .O33 s26 bush
els during the same period year ago.
Business failures for the week number
only lS2, as against 2O5 last week. q dron
OF ., aud compared with 215 in this weels
year ago; 22l in 1897; 276 in 1896. and 2Ss
~ leSo. ana Canadian failures number 20
IN this week year ago: 40 in 1897. AZ n
1896. and 40 in 1895.