The Savannah morning news., 1901-02-16
DUN & cos. WEEKLY REVIEW,
BUSINESS OUTLOOK BRIGHTER IN
NEARLY ALL LINES.

A Large Volume of Business Being
Tranxacted-Hcavy Orders Being
PLACED, but Prices Remain About
the samc-Irou and steel Products
in Strong Decentralization shoe
People Are BusS-Cotton Continues
ouset and Conditions In Textile
Manufacture Not Encouraging.
New York. Feb. 15.-R. G. Dun & Co :
weekly Review of Trade tomorrow will
say:
Business continues OF good volume in
nearly all parts of the country and re-
ports from the West and Southwest OF
a satisfactory distribution of merchan-
disc by jobbers begin to have "A familiar
sound. Heavy orders come from agents
on the road There is no important
change in prices in any department OF
manufactured goods. and some staples
rise while others decline, but the longer
the situation remains as at present the
surer the business world feels about
rise in prices in the future, for the de-
mand for merchandise for prompt CON
sumption does not decrease, Some pro-
Rress has been made in the direction of
settlement OF labor differences in the Far
West, and the temper of soft coal min
ers is moro amicable, while there is little
concern among steel interests over the
sensational stories OF organization at the
mills 10 enforce demands for higher
wages. The standard measures OF busi-
ness make favorable comparisons
At some points there are evidences of
an inclination to delay operations in iron
and steel until something definite Is
known regarding the proposed comhina-
ton. but this applies only TO small under-
takings which are insignificant in COM
psrison with the urgent dealings that
cannot be postponed. Purchasers ma
difficulty in securing even approximate
dates for delivery of goods in many pro
ducts and mills are so far behind orders
as a rule that no new contracts are
sought Structural material and railway
supplies are in greatest request, numer-
Gus heavy orders being accepted this
week at full prices. There is no inclina-
ton to shade quotations of hnisned
forms, and pig iron at Pittsburg again
advanced.
No sign of weakness is apparent in any
Some manufacturers have booked ordt rs
that will insure running on full time well
into May and it is an exceptional case
where jobpers can secure March delivery
even from the smallest shops. Salesme
are returning from the West and Soush
with most cheerful reports and while To-
cal jobbing Is less brisk ethan last week
there is no complaint Forwarding from
Boston were @,437 cases against S,SS5 in
a.. IL aIf a
for two weeks is somewhat smaller than
the 1s5Oes cases sh pped last year, the
movement in 1900 was heavier than in the
corresponding fortnight of any other
year.
News regarding the textile manufacture
is less encouraging. despite the fact that
sales of wool at the three chief Eastern
markets rose to 6,972,6OO pounds, far eN-
ceeding all recent records. ana showing
q gain of $4,000 pounds over the same
week last year. 1t was at this time in
1900. that the movement commenced TO fall
off. and the depression began which has
continued ever since.
Cotton fabrics continue quiet and do
nestle mills are not fully occupied. LlY-
crpool cables have given no support. while
Manchester is securing raw cotton from
India in unusually large quantities. These
influences caused a further decline in mid
ding upands. taking the price TO the low
est point in three months. Exports in
January were valued at $35SS7,924. against
s27. 0S9251 in 1850. but the increase was
entirely due to an advance of 2.2 cents
q pound in the price. as the quantity was
i.S42 bales smaller. Wheat was advanced
this week by reports of receipts at the
mills unfit for grinding -Four output
at Minneapolis is much smaller than
year ago, with further decrease expect
ed Atlantic exports of wheat. including
-four. for the week, were 2.47S521, against
.529, 533 last year.
Failures for the week numbered 25Is in
the United States. against 2lS last year.