The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-09-23
TRADE REPORTS STILL GOOD.
COTTON STRONG AND ACTIVE DUR
ING THE WEEK.

BearfSh Estimates of Maximum
Yields Have About Been Discard
cd-Iroa and steel Continue to
Hold Their Own-Beef Cattle
scarce and Meat Is HfEh-SHgar
War Is still observation-disclosures
Make StriI<inEIy Good Reports.
New York. Sept. 22.-Bradstrests to-
morrow VII say:
Satisfactory trade and price conditions
apparently sin reign. So few. in fact are
the reports of poor trade that favorable
reports may be said to be almost unani-
NOUS. Al expanded volume of fal trade
is Indicated by che aggregate Of bank
c.earlngs for the week, though reports
from some markets point to the greatest
rush being over. Prices as rule main
tain all tner former strength, decreases
being few and relatively unimpOrtant
In several lines, notably the cereals. cot
ton. petroleum. iron and steel, the tendency
has been toward higher levels. Cotton
has been notably strong and active. Short
crop estimates are becoming more gener-
ally current and bear.sh estimates of max
imum yie.ds have been practically dis
carded, more especially as it is GAINED
that agents of English spinners are heavy
buyers at the South. and domestic manu>
facuring conditions are known to be in
high degree favorable.
Steady demand for export ana confidence
in all of this years wheat crop being need
ed, have proved stimulating in the face
OF heavy receipts and admittedly large
present supplies, Possibility of war in
the Transvaal, too. has been an addition
ally strengthening feature.
With Iron and steel
Iron and steel are higher on a moderate
volume of new business, and the steady
pacing of orders indicates confidence in
present values wei on into the middle Of
next year. Pig iron. however, is nearer
a parity with consumption, the ultimate
effects Of enhanced quotations upon Ge
mand are moi yet settled. and Imports from
abroad, while not likely to be of heavy
volume Immediately. are a feature which
may have to be dealt with next year.
The scarcity of beef cattle Is reflected in
still higher prices, and strength is shown
in domestic hides, which also feel the i'm
petus Of steady demand from manufac
turers of leather.
No signs of abatement in the sugar war
are to be seen. Price cutting is active
and prices are demoralized. Other groce-
RES however are firm, as are most other
tines, with the exception of cheese and |
Tin, which note some easing in price from
their recent advance.
Manufacturer Are Strong.
Most lines of manufacturing return strlk- |
ingly good reports, notably in this respect |
being cotton and wooden goods Complaints !
of backward deliveries of cotton goods are |
common, while in wooden goods a number
of mills report their order books filed |
for spring delivery and have withdrawn |
from the market. Wool is higher at Lon |
don and sympa thetically stronger here |
and expectations of a good export trade |
for fine grades of domestic are entertained |
The coal trade reflects weather and trade |
conditions in still further improved de-
mand, and predictions are for further adj |
vances later in the season.
Demand for lumber, though interfered
with by strikes at a number of markets. |
Is reported very strong. and a scarcity OF
cars and Of boats is reported quite gen
orally in the West This scarcity OF
transportation, however, is not limited 10
the lumber trade. similar reports coming
from the coal and coke industries
Shipments of Cereals.
Wheat, including -four. shipments for
the week, aggregate 4630,76 bushels |
against 4556.552 bushels last week, 5224 ,927 |
bushels in the corresponding week of 1898 |
1896, and 3,151.S07 bushels in 1885. Since |
July !, this season, the exports of wheat |
aggregate 46.643 $50 bushels. against 41,G94,- |
0lS bushels last year. and $3.50 525 bushels |
in 1898.
Corn exports for the week aggregate g. |
794, bushels against 3,2S2.751 bushels last
week, 2,625. 292 bushels in this week year
ago, 4,022.142 bushels in 1897, 2.610 479 bush |
els in 1895. and /. 1926 bushels in 1895
Since July !. this season, corn exports ag-
gregate 52155.58 bushels against 80, 565, 1852
bushels during the same period year ago
and g, 399. 99l bushels in 1878.
Business failures for the week numbered
49, as compared with i49 last week. 1872
IN this week a year ago, 237 in 1897, 321 IN
1895 and 1875 in 1895
Business failures for the week in the
Dominion of Canada number 13 as
against q last week, 10 in this week a
year ago, 50 in 1897 "a in 1896, and So in
1895.