The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-12-09
TRADE MONTH WILL BE GOOD.
THERE IS ALREADY A FAIR HOII-
DAY DEMAND.

cotton Has Lost Some of Its Former
Strength-IrOn and steel Have Be
come Unusually Quiet-Copper
shows Little Change-Conee Trnde
Has Been Affected by Quarantine
on SantOs-Shipments of Cereals
and business Failures.
New York, Dec. S.-BradstreeFs toner
row viii say:
The Fast month Of the year has opened
auspiciously finding trade and industry
generally well employed, demand treading
close upon and even passing supply labor
troubles averted in some instances bv
widespread advance in wages, of smaSl i'm
portance except in one or two cities, and
with the general level of values Of staples
at the highest point reached for eight
years past.
Holiday demand has opened well, and
collections from retail trades therefore
show some Improvement The strength of
cereals, notably wheat, this week is a re-
Election largely OF decreased receipts at
the northwest. Increases in November this
year were not as large either in this coun-
try or abroad as they were one year ago.
and to this extent the outlook is less bear
ish, and, owing to the smaller worlds pro-
duction this year, hopes of well maintained
prices have not been abandoned.
Cotton has lost some of the notable
strength displayed in past weeks owing
chiefly to portion of the speculative ele-
ment becoming tired and settling freely on
light increased receipts. Toward the close
some strength was noticeable on improved
foreign buying, and the net change for
the week is not serious.
Iron and steel Quiet.
After year of unprecedented activity
and advancing prices, iron and steel are
quiet, with few significant changes, partly
because the season of the year does not
favor new work, and partly also owing
to the fact that producers are very gem
orally sold up to the middle of next year.
Prices show no marked change, plates and
sheets being relatively weakest among
the finished products, while bars are
strong
Copper shows little change, but Tin is
lower again, causing decreasing soeculat
i've interest and smaller consumptive de-
mands. Activity in hardware is largely
confined to holiday specialties, which are
experiencing an active movement at most
markets.
The feature of the coal trade has been
the increasing scarcity of bitlminous
grades East and West some markets be-
ing reported practically bare OF supplies
The strength of wool is apparently I'M
impaired though demand is ou.eter Lon
don prices have again moved higher. ana
the small available supply OF fine grades
supports the belief that prices may sin
move upward. The granting of a 10 per
cent. advance at nearly all the large COT
ton mills throughout New England on the
basis of census figures would point to an
increasing purchasing power being secured
by nearly 100000 people.
The coffee trade Of the country. but
particularly in New York has been agi
tated. and speculative prices have been in
huenced by the delays growing out of the
unsettled situation Of the guaranteed car
goes from Santos
More seasonable weather conditions have
further stimulated the demand for boots
and shoes at numerous points. and hides
and leather retain all the strength gained
as a result of last months general rise
Notwithstanding the advanced stage of
the season, lumber, hardwood particular
Is, continues in active demand at most
markets.
Shipments of Cereals.
Wheat, including flour, shipments for
the week aggregate 5.133.3S1 bushels.
against 3,699,4O0 bushels last week .sss 952
bushels in the corresponding week OF 1898.
1886. 1853 bushels in 1897 4,222.714 bushels in
1896 and 2,l5SS 1923 bushels in 1895.
Since July this season the exports Of
wheat aggregate "a. 227 bushels, against
103. 80, 1914 bushels last year and III, ,79s
bushels in 1878
Corn exports for the week aggregate g.
SlS, $50 bushels, against 4,4l1,5l4 bushels last
week ASSESS bushels IN this week year
ago, 3.125554 bushels in 1897; 3,511 2Ss bush
els In 1898 and 2,S9l,1Si bushels in 1895.
Since July l. this season, corn exports ag-
gregate 100,4 701 bushels, against 50, 1886 2S5
bushels during the same period year
ago. and g., sos bushels ia 1898.
Business failures in the United States
for the week number 200 as compared with
III last week, 237 in this week a year ago.
292 in 1897 361 in 1896 and 313 In 1886.
Business failures IN Canada for the week
number 81, as compared with 25 last week,
% in this week a year ago. p IN 1897, AZ In
1896 and 80 IN 1896