The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-04-01
BUSINESS is NOT IMPROVING.
FAILURES FOR THE QUARTER,
HOWEVER, HAVE FALLEN OFF.

4
withdrawal of the Iron Business.
Prices strongly Maintained, hut
There Has Been Hesitation in Some
Qunrters-Sman Improvement in
WOODEN ManufRctures-Shipm
of wheat and Corn TO Europe.
New York, March SIR. G. Dun &
! Co.'S weekly review of trade will say to-
morrow
Failures during the first quarter Of 1899
| have been in amount of liabilities not
more than SIG, 1850 $50. against $Sl, uO142
last year, $500. $40 in 1897 and $57. 525 1876
in 1896. While the later returns may in
crease the amount for the quarter a little.
the complete return, which win be given
next week, will be very remarkable in
comparison with that of any previous
year
Business is not at present improving.
/ There has been something very like a
check, partly the result of heavy buying
since Jan. l TO anticipate the market part
| ly caused by the uncertainty about the
operation of many combinations and a
shade of doubt about foreign affairs also
had some influence. The new rule of the
Gearing house banks at New York about
taxation of country checks also causes
some shifting of accounts.
Many Changes in Business.
A pefsod of transition from one owner
snip and management to another, and
/ from one industrial system to another,
when it affects many hundred establish
ments throughout the country, inevitably
causes some hesitation in business A
| little later the many hundred concerns
may be doing more business than ever,
as they were just before combinations
We're effected But at the point of tran
sition nobody knows just what TO expect
There is much withdrawal of iron bust
ness, and the continuance of high prices
is doubted, because great purchases made
! by many works have not been met by
| orders, and because works affected by
/ many other combinations proposed are not
| inclined to buy more largely.
/ Prices are strongly maintained at $l515
| for Bessemer pig at Pittsburg, the valley
| association having sold 10000 tons for
delivery in the last half of the year al
/ $l4.50, and the grey forge is stronger at
! Sl440, but hesitation appears at Philadel-
/ ph.a about maintenance of future prices
&c ft1a
y,or VIII ~, elos l,,lr, 49,. ~
ono ,ons 80 c,hjoaqra IN ~. 49, 40,
htobor tbaro a,9d ~ ,,.'ilh ~ 9s.9t -
a,1 tho soi of DO ,l,,, 49,, IA, 80 .,
I'm Mat, co,nan,, set r,ric5s co., 1oo " ~
nlaie a. SIO5 after nv -'' pV'''N'
,i,,. a. c.,.,,.,,
e+r,,o,,,ra, ao,,a,,, ,.ou....
III, ~ ~ W. ,,a GO put par
aati,, 49, - - al it- Aou," are cousoll-
l|.stre,ts ,ittat, NJ 81 " zane eaIse
80 % , s'iS i''spuls mus are
go 7o., Dsil'iiu 'lSiI orders
i'' S@0eVus tHe sup
- -, t,, - Nl'iOus0' an" th+
, Ss'I.'.5 - a'V IuH uhlli
- - - a..
- iIooP'' No',oi ~ tupes ana other
piouuu's' ~. oUi'soIioatloh aHects
3, 49, liI'ais aie stronger lot
IN a a Oont9' N.n ronsulhlns demand
etid loi eCPtSi At i''' GENTS owing TO Lon
"oiI euia 'ioli,
49, ~ api,-a mat the WOODEN
ild.lIu iaclule % no' "eipeu as yet oy new
eoliiD' ie 'iO'ie VI oie prospect OF ehein' ana
,lie puyI's ueliia,u mas oeeh disappointing
~ many ways' liiousn III uress goods ac-
49, N|'f~7 49, 49, -''pO''A'V ppuildA |