The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-04-08
QUIET TONE MORE MARKED.
COLD WEATHER HAS HAD UNFA-
ORABLE EFFECT on TRADE.

Wheat Crop AdViceS Not SO Fnvora-
Bile as Hcrctofore-There Has Been
stn Further Quilting Down or
the Iron and steel Markct-Strike s
Have Had some EHect-SituntiOn
in Textiles Unchangcd-W heat
and Corn Shipments.
New York. April 7-Bradstreers Of to-
morrow viii say.
The gutter tone Of distribuuye trade is
even more marked this week than last,
tesufyins to tae unfavorab bic effect upon
retail trade and Indirectly upon jo5bins
distribution. of the cold, backward spring
and less favorable heat crop adyices.
While reports as to the damage Of winter
wheat are most numerous from the south
west, the influence of the backward sea-
son. frost in the ground and other uufav-
orab,e conditions have tended TO moderate
the hitherto very cheerful tone OF adyices
from the spring wheat states
Other features Of the week are a further
quoting down of the excitement in iron
and steel, although here lack of supplies
and not lack of consumption demand is
assigned as the chief reason. A strike of
iron ore miners in the Lake Superior dis
trict seems likely to complicate the ore
supply question, Strikes, involving 5000
men, have been a feature of the weeks
operations. Lumber is feeling the influence
OF the expanding spring demand at many
markets, and the prices are very strong.
In the Textile Market.
The situation in textiles is little chang
ed. Cotton is slightly lower on fuller crop
movement, but manufactured goods are
firm. though some speculative lots of gray
cottons have been offered at concessions.
Wool and woolens are rather quiet, though
fall orders for womens wear goods are
encouraging, and the raw product is
steady. the view being that the proposed
goods combinations have not gotten very
large supplies of wool.
The situation as regards prices Is stlll a
very favorable one, the list of staples adj
vancing or remaining steady, being by
far the most numerous. while bank clear
ings statistics, railroad earnings and all
other obtalnable measures of trade pro-
eress point to an immense business specu-
latiVe and otherwise, having been done
during the first quarter of the year 1899.
Throughout the West and Northwest,
with few exceptions, complaint Is made
of unreasonable cold weather affecting dis
tribution, particularly az retail. Accom-
panying these reports, however, are num-
erous statements that the business done
during the first quarter is considerably in
advance of that handled a year ago. Com
paints of bad weather and roads come
from the South, especially from Texas.
trade and agricultural operations being I'M
favorably affected, and New Orleans re-
ports that spring trade IS likely to be
disappointing for like reason.
Shipments of Cereals.
Wheat including -four, shipments for the
week aggregate 3,334,S bushels, against
s.sSS,z5S bushels last week, 3,77S,726 bushels
In the corresponding week of 1898, $685.
7S7 bushels in 1897. 1.764 sos bushels in 1895
and 2,934,1 79 bushels in 1885. Since July l
this season exports of wheat aggregate
ls.545,0e0 bushels against lS3, rs BUSH
els last year
Corn exports for the week aggregate g.
724,554 bushels, against 2.4ll ALB bushels
last week, 5.557.0OO bushels in this week a
year ago. Assess bushels in 1897. .391. s4s
bushels In 1885 and Si4, 100 bushels in 1895
Since July /, this season, corn exports ag-
gregate 2,Zs9. 579 bushels, against 1879 OBS
64s bushels during the same period a year
ago
Business failures for the week number
80, exactly the same number as last week.
but compared with 200 in this week a year
ago 2s2 in 1897, 231 in 1895 and 225 in 1896
Business failures for the week in the Do
mlnion Of Canada are light, numbering
only p, as against 80 last week, 80 in this
week year ago, % in 1897 80 In 1896 and 26
in 1895