Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1890-12-25
MONEY AND BUSINESS.

Reflex of the Commercial and Financial
Condition of the Country as Seen
Through r. G. Dun & Co.'S Weekly Re-
view-The General Volume of Business
Continues Large. but the Monetary
Stringency Continues to be Felt-An
Increased Number of Failures.
New YORK, Dec. Cor. G. Dun &
Co.'S Week Review of Trade says:
Business c, ntinues large for the season,
but there is perceptibly less feeling of conf
dence. The causes appear to be: l, fres-
ence of important monetary legislation, the
effects of which are not clearly forseen; q,
frequent failures and great difficulties IN
making collections; and. 3, less satisfactory
conditions in some large branches OF lndus-
try. Though the rate for money on call Is
lower than week ago, and money Is easier
at Boston and Philadelphia, there is SUN
stringency at most points throughout the
country. Complaints OF slow coilectiohs
have rarely been more general. Foreign IN
fluences are not now disturbing. Exports OF
products for two weeks of December from
New York show a gain of per cent. over
last year. and the total last December was
hardly ever surpassed. Though imports
continue heavy, they are greatly exceeded
by exports at present. Exports or COTTON
thus far this month exceed last years, ana
also provisions, but there is a heavy de-
crease in the export of grain. caused by spec
ulative prices here. Trade at the South Is
fair at most points reporting; considered
healthy at New Orleans, with larger cotton
receipts; dull at Memphis, but more conn
dent at Little Rock; slightly improved at
Montgomery and good at Nashville; less
confident at Jacksonville, and at At
lanta accumulations OF cotton are
large. Money is very close at all
points. st. Louis has colder weather,
1avoring all lines of trade; but at Kansas
City, holiday trade is below the average. At
Denver trade is only fair; at Salt Lake i'm
proving some; at Omaha fair; at Minneapolis
steady for lumber and improving in price for
flour, and at St. Paul confidence is returning.
Collections in this region are at most points
fair. At Chicago money Is firm but regular
business is supplied, and there is confidence
in the immediate future. At Milwaukee and
Detroit trade is good; at Cleveland fair, and
at Cincinnati very quiet in wholesale lines
Pittsburgh reports more confidence, trade IN
manufactured iron and in glass slower and
Bessemer lower. Eastern cities feel the eff
fects of expected legislation and re-
cent failures, but also present none
tary relief. Confidence improves at
Boston, wool sells more largely, and
also leather. Though money is easier at
Philadelphia, the noteworthy feature is the
general difficulty of collections. Iron shows
no Improvement at Philadelphia or here.
The dry goods trade feels the influence OF
recent failures, and of strngecy in CONNER
cial loans. Trade in cotton is not so good as
usual, though print cloths are down to
cents the first time for several years. Stocks
on hand are s6O, 900 pieces. Trade in WOODEN
dress goods has been encouraging.
The failures during the last seven days
number. for the United States 1863, and for
Canada Al, or a total of 4o4, as compared with
374 last week, and 312 the week previous to
the last For the corresponding week of last
year the figures were 342, representing BOG in
the United States and Sc in Canada.