The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-10-14
MICH IS NOW DOING IN TRADE.
,.nsTREET'S SHOWS THE AC-
TIVITY Is WIDESPREAD.


rail- Demand, in Some Markets, Hold
ing out Longer Than Expected.
uaiIroad Earnings, Bank Clear
tnss. Returns and Quotations Are
an Encouragine-Ehect of Cotton
Ad,auce Particularly Helpful TO
tho south as 1t Appeared to Lag.
,-ou, York oct. .-Bradstreets to-mor-
row Will say;
Trade activity is widespread, all meas
..-,s of volume and value testifying to pre-
,.auine prosperous conditions. Only good
..,orts are received from distributive
,~a5e centers. and some markets report
fail demand as holding out longer than eX-
,.ootsd Railroad earnings, bank clear
ing returns and quotations OF staple
nr,ces are all encouraging, pointing as
,ba, do to a maximum volume of business
for this period of the year.
c,rop returns for October bear out earlier
IMPRESSIONS Of shortened yields of most
leading agricultural products. Expecta-
ZION Of more moderate yields of leading
.o~sals. is not confined to this country.
The worlds wheat crop will admittedly
he smaller The rye. barley and oats
Yields are not expected to be as large as
wear ago. The higher range of prices
Of all staples, and particularly of agricul-
ursl products, however, will furnish
profitable balance to producers.
The advance in the price of cotton has
been a notable one, and though some re-
notion is naturally noted the effects upon
general Southern trade and industry OF
the great advance are particularly bene-
fetal as this section alone has appeared
20 las somewhat behind the procession of
prosperity.
in the manufacturing branch of the
trade Inc strength is well-nigh universal.
Advances have been numerous, and
scarcity of goods, rather Than of demand,
is the main subject of complaint While
source of depression TO cotton, the
Transvaal situation has proved rather ia
vorable 10 wheat and other cereals Off
setting heavy increases in visible supplies.
The liherality of foreign demand is per
hsps best shown in The September report
of exports of the leading products. Ship
ments of breadstuffs were as large as
those of August and there was naturally
a heavy gain in cotton exports, which are
double those of the same month a year
ago Total sales of leading exports SHOW
an increase of % per cent. over september
wear ago. and over September, 1896, but
? decrease of IS per cent. from September,
1897 which witnessed very heavy ship
monts of hreadstuffs.
General manufacturing industry is run
mig full. and activity is so widespread that
it is hard 10 prefer one industry to an
other IN this respect
Coal production is particularly heavy,
but a scarcity of cars is complained of in
this and in the coke industry, with the
strength of lake freights constituting "a
disturbing element as regards the supply
OF anthracite in the West.
Iron and steel are active as to produc-
tiOn. but new business is limited by the
small quantities available for nearby de-
livery. Liberal orders are still reported
for the first half of next year, and steel
rails are reported to be upward at the
West
Paper is in specially active demand at
present, news varieties, owing to low wa
ter, being reported practically out of the
market. Sugar refining furnishes one eX>
eepuon to The reports of general prosper
ity, and production is decreasing, partly,
OF course, owing to the season, but also
10 the generalization growing out of price
cutting
Wool is very firm though queter In
some markets. while the manufactured
product is selling well on next springs
account
tobacco is reported very generally ac-
i've at nearly all markets, west and east
Shoe manufacturers are busy and leath-
Ell and hides are sympaIhetically strong in
price.
Lumber is in urgent demand at many
markets, in spite Of the advanced stage
o. me season, and prices are firm.
wheat, including flour, shipments for the
week aggregate 5.265, 634 Nbushels. against
5'l@5% bushels last week, 4,729 1876 bushels
III tne corresponding week of 1898: {. 1853 10
bushels in 1897; 4156,S7 bushels in 1896, and
-,fy9't46 bushels in 1895. Since July / this
season the exports of wheat aggregate
oh993'A1 bushels. against 81, 22S ZIG bushels
LAST year and sc 800, 1872 bushels in 1897 9S
Oorn exports for the week were 1886 793
nusne.s' against 4,23S,749 bushels last week,
-'aV,'-z bushels in this week a year ago:
-,--4d6 bushels in 1897; LII $40 bushels in
,o'o, ana LbSO6I2 bushels in 1895. Since July
=. tnlS season. corn exports aggregate Ga
''tl'9 bushels, against AZ, 366, $40 bushels
ouIlns the same period year ago, and 49,
o'Z,6l8 bushels in 1898
BUSINESS failures i'm the United States
number 164 as compared with 146 last
week 233 in this week a year ago, 1856 in
1915 -t9 in 1895 and 2S9 i'm 1896
BUSINESS failures in the Dominion of
anada number 10. as compared with twen-
'H-tour last week, % in this week a year
'So "A IN 1897, 30 in 1896 and 81 in 1895.