The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-11-25
GENERAL BUSINESS HOLDS UP.
AUTUMN AND WINTER TRADE Is
FAIRLY GOOD.

fAihbt GOuD.
Cereals Are Dull and UnInterestinE.
Copper Is Strong, While Iron and
Steel Are Quiet After Their Great
steel and Iron Line, However, Is
GoOd-Shipments of Cereals ana
business Failures
New York. Nov. 2L-Brads reefs to
no rev win say:
A stlihu illustration OF the urderlyiny
strength of the general business situation
is furnished this week by the course of
/ prices. Almost without exc pit on values OF
| staples rema firm at prev Gus quotations
or manifest a stin further pronounced ten
dency upward This, too. las occurred in
face of a rather smaller dis rlbution in the
ordinary trade channels than has been
noted in recent weeks.
So far as autumn ard winter trade is
| concerned The complaint Of unsea sonably
mild w,a her re trcu retail distribu on
is repeated from many cities, but rising
superior to this and to the questlonably
smaller distribution at frs. hands is the
| accentuated strength of textiles, but par
tjcularly cotton goods, which reflect some
added strength of the raw product due to
smaller receipts and better foreign advices,
but in a larger measure als1 portray the
Influence of active demand coming on a
market exceptionally bare Of stocks A
further advance in print cloths. feature
this week, has brought the quotations for
Standard grades up to cents, a point not
touched FOR four years past.
Raw wool is higher on the week at all
markets, on active demand, shared In by
the manufactured material, for which a
| good fall demand has been experienced,
and in which further price advances are
expected. The American market for wool
is still claimed to be the cheapest In the
| world. The dullness in heavy winter
goods, produced by the present warm
weather. has not yet served to impair con-
| fidence in wholesale lines.
Cereals and the Metals.
Cereals remain on the whole dull and I'M
interesting, and price fluctuations are with
in an exceptionally narrow range, with
quotations ruling about what they were
one year ago.
Copper is strong, on a perceptibly i'm
proved demand. chiefly In electrical lines.
Coffee has advanced, partly on the fear
of interruption of shipments by quaran-
tine restrictions and also because Of re-
duced receipts at Brazilian ports coupled
with stronger European advices.
Iron and steel are seasonably quiet after
a year of uneXampled activity, but the
price changes recorded serve to impart
an appearance rather of irregularity than
of weakness. some makes of steel, partlc-
/ ularly plates and sheets, being lower.
while Bessemer pig iron is higher on the
week Authorities in the trade consider
prospects of maintenance of present con-
ditions of price and demand during 1900
as quite favora BILE. feature of the mar
ket is the presence Of what might be term
Ell supporting orders, which will be forth
coming at small recessions. Despite proph-
ecies of checked export trade. large for
eign order for rails is reported placed this
week.
/ Coke production Is on an unexampled
4 scale. and arrangements for next years
I supplies are reported completed, but the
| iron ore situation Is yet TO be settled
though a doubling of last seasons early
agreed-on price is not unlikely. Notwith-
standing a total estimated production OF
100000 tons of anthracite coal this year,
an increase of u per cent on last year,
demand has been so good that stocks are
at a minimum. A good volume OF busi-
ness is doing in hardware, more particu-
larly at Western points, and the spring
outlook is confidently regarded.
shipments of Grain.
Wheat, including flour, shipments for
the week aggregate 1858. SIT bushels.
against 007 bushels last week, 1924, 726
bushels in the corresponding week of 1898;
5,465, 1856 bushels in 1897; 3,753, sos bushels
in 1896, and 2,4603O6 bushels In 1895 Since
July / this season the exports of wheat
aggregate IS, 46s. SAG bushels, against So, 1884,
0S3 bushels last year. and 10l $40 bushels
in 1898
Corn exports for the week aggregate 4,
! 1883 bushels, against 4,603,718 bushels
/ last week, 1893. SAG bushels in this week a
| year ago; 1853 705 bushels in 1897; 1920, 500
bushels in 1896. and $50 1893 bushels In 1895.
! Since July / this season corn exports ag-
gregate 92,2264SS bushels, against 60 s22, 1852
| bushels during the same period a year ago
! and 50 $40 145 bushels In 18yl-9S.
! Business failures in the United States
| tend to increase slightly as usual at this
period, and number 202 for the week, as
compared with 1879 last week 1872 In this
week a year ago, 2S3 in 1897 2o6 In 1896 and
| 2Ss in 1896.
Business failures in the Dominion of
| Canada for the week number 49, as com
! pared with 10 last week, q in this week a
/ in y In,