The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-02-22
BRADSTREET'S REVIEW.
Trade Has shown Further Expan-
sion-POsition of Retailers
Greatly Improved by Cold
Weather.

New York. Feb, a.-Bradstreets of
February % will say;
Trade as a whole has shown further
expansion this week, despite severe
weather tending TO check trade at some
Northern and Western markets, and in
the face of very unsatisfactory conditions
in the cotton manufacturing trade.
brought about nv du.lness In cotton goods
at first hands. The position of retailers
ed by the continued cold weather. Fore
most among the lines noting improve
ment this week is the dry goods trade.
which is reported active on spring account
by jobbers.
The boot ana shoe industry has like
wise continued in a satisfactory shape.
and some varieties of leather reflect re-
cent activity in advances at Eastern
markets, Iron and steel in the crudcr
forms, have been very strong at Cen
trail and Eastern markets, and consid-
cradle advances are reported in pig iron
and steel billets. Heavy sales are re-
ported from Pittsburg, Birmingham and
other markets. Bessemer pig iron at
Pttsburg is now selling at STATS, the
highest price for months, while a prem.
Jun of 81 80 a ton Is eXacted on immediate
deliveries OF steel bllets, although the
official quotation of 1913 still maintains.
Finished products are reported on good
demand Merchant bars were advanced
S2 ton late last week and Sl.SS is now
the minimum price of these goods. Struc-
tural steel is reported steadily active. In
some respects, its state is strongest since
before the collapse last spring, Export
trade is slack, foreign iron and steel mar
kets are steadily going lower and the
fear of discriminating duties against
American iron and steel is evident. al
though the first manifestation, that in the
case of Russia. involves a very small
amount OF business.
The strength OF building materials of all
kinds particularly OF white and yellow
pine and builders hardware, has been no.
table. and from many cities comes the re-
port that a large amount OF building will
be done the coming spring Coffee
strengthened on better consumptive de-
mand. Tea has met with better sale as
the prospects for any immediate change
in the present tariff by Congress becomes
less probable
Tin is higher in sympathy with specula-
tive activity abroad.
The cereals show little definite move
ment, taking the week as q whole, ex-
ceptlng in -four, which is 10 to 20 cents
a barrel higher. Wheat is fractional y
higher and corn and oats are unchanged,
but the corn situation is notable in view
OF this being season of increasing
stocks. Chief support comes from the ac-
tive foreign and home demand for this
cereal, oonsumptive requirements for
which seem TO have definitely overtaken
production.
Wheat including flour shipments Cor
five days, aggregate 3,424302 bushels
against 4,S14S7S last week. 1880, $50 i'm the
corresponding week of 1890. From July |
TO date this season wheat exports are
29,214,676 bushels against 130,5l7,Hl last
season.
Corn exports for the week aggregate
1896, SOS bushels against 4,760, 422 lass week
1885, l75 in this week year ago and 2,S71,
057 in 1899
From July to date this season exports
of corn are 1851 ,974 bushels against 1885,
0S3, 2Si last season.
! Business failures I'm the United States
/ for the week number 219 as against 22'
last week. 1853 in this week year ago, 22C
in 1899 1888 in 1898 and 25S in 1897