The Russellville Democrat., 1890-09-18
MONEY AND BUSINESS.

The Stato of Trade, Traffic and Business
 In General According to fi. c. Dun Q
 Co.'S Weekly Review--A Stiffer Monetary
 situatIon%~Tbe Volume of General Busi-
 ness Fairly Satisfactory and Collections
 Goad- Business Failures Etc.
 NEW YoRK, Sept 13.-R- c. Dun & Co s weekly review of trade says:
 The past week has fully justified thoso who gave warning that the monetary ease, caused by Treasury disbursements, could be but temporary. The market here has been tight, with extreme rates paid in some cases. At Boston and Philadelphia mone- tarv pressure also affects business At Chi- cago the market is somewhat drmer and the demand actlvei at St Louis 1t is stff at to per cont; at Kansas City moro firm at Omaha trine closet at n T Sss:::it<ee very active, and to some e1fsat disturbed by large lumber failure in the interior At Ds- troit the demand Is strong at per cent At Cleveland the tightness Is rightly ascribed to tho volumo of business; at Pittsburgh the demand is fair at 6 to per cent; and only at New Orleans, of all cities reporting is tho market easier The immediate fright nt New York was about supposed enormous demands for payment of duties, if the new tariff should go into effect october1. The fact, as officially reported. Is that ess than S9.009,000 would pay full duties On all goods in warehouse on which the rates have been increased, but-no one supposes that the entire quantity would be taken out. The pressure has caused considerable de- cline In stocks, tho average having fallen about Sl,5o per share since August 9. Bread stuffs had not been strong until Thursday, the latest Information IS to yield being generally more favorable. Lard and hogs were stronger, and the report that cotton was in condition a shade lower than last year caused rise of a sixteenth with sales of fn holn ftr fIn ina exports of wheat fell far behind last years, and the decrease in corn is also heavy. Other products have not schanged much in price, though oil is 2% cents lower. The reports from other cities indicate no slachcnng of activity on account Of none tary difficulty at any point west or south of Philadelphia The reports as to collections are almost as uniformly satisfactory The crops arc moving fast, prices encouraging farmers, but do not go forward to eonsum. CTS as rapidly. At Boston the wool trade is much moro activesnnd at Chicago there s a steady increase over last year ia move meut of dry goods, boots and shoes, cloth Ing and meats. St. Louis reports strong trade in pearly all lines and from other points the accounts are Of similar tenor. The weekly output of iron rises again to 1T1,- T76 tons against l6i. .793 Augustf and 13i, 1ss q year ago. The market for pig iron is weaker. Greater activity In wooden manufacture Is shown by the rapid rise in sales, and the spec dy passage of the Tariff bill Is antici- patcd as q basis for larger operations. Tho activity in dry goods is everywhere in- creased Tlie coal trade has done nothing to speslx of at August circular prices, and tho demand here is below expectations. The minor metals are strong, though fog copper tho present demand Is light In short, there is every reason to look for a large and prosperous business, if the pres surein the money markets ls met.
 The business failures during the last seven days number: For the United States, l67 for Canada, 2s: total, l03; as compared with total of 203 last week, and lSe for the week previous to the last For the correspond ing week of last year the figures were l93, representing i7l in the United States and 2j in (1nnaba EF