Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1890-11-20
MONEY AND BUSINESS.

r. G. Dun & Co.'S Weekly Review OF the
Monetary and CommerciaI s.tuaIon
Throughout the CouArry-The FinanciaA
FURRY Confined Principally TO New Iorn
The Volume of General Trade StiA
Large with Money Firmer ut All foih1s
business Failures, Etc.
New York, Nov. 15.-R. G. Dun q
Co weekly review of trade says:
Reports from other cities show thae as
most points the events in Wall street nave
had little effect as yet AT boston
transactions have been somewhat iiihiteo
and money Is firm at high rates; wooi saies
are smaller, 2,5J0,000 pounds for the week,
leather is quiet and easier, ana hlues e"ii
and lower; boot and shoe manufacturers
are getting the recent advance III ptoe',
with shipments exceeding last year 81 anu
lumber is quiet At Philadelphia money Is
tight and little commercial paper ollereu OK
Selling; wool manufacturers arc Jug rs
more literally, with slight advance IN Sc mo
grades. At Chicago money Is active at PEI
cent. but country banks are senulns III
funds for investment. and Eastern disturb
ances are little felt; grain receipts ana
cured meats equal last wears while trade IN
dry goods, clothing and shoes Is much
larger. No other Western point SHOWS
disturbance in trade, though money is
generally close. At st. Louis the rate Is 10
8 per cent and the volume OF trade large
At Cincinnati money is tight; the cloth
ing season excels expectations, anu tne
grocery trade is very good. AT De'ioi'
money is close at Z; manufacturing actiVei
Michigan wheat area showing per cent
increase. At Cleveland money Is tight
trade good except for clothing. AT Miiwau-
kee money is close at Z, ana Eastern
troubles do not check trade. At Omaha St.
Paul, Denver and Kansas City money IS IN
strong demand. Southern cities make much
the same report Baltimore reports all
business healthy; mills running full, ana
trade brisk. New Orleans finds money
active; cotton receipts below last year. OUT
sugar and rice liberal, with good demand
for all. Atlanta reports easy money ana
good trade, and Savannah reports money
tight, but trade active. At Jacksonville
earlier Northern travel than usual causes
activity. These accounts show remaiKa-
bly, encouraging condition OF business,
but more than usual activity of Money
in spite of good collections me
iron output November l was 1898
tons weekly against 1926 october
], and cons siderable decrease in production
is expected IL prices yield Rails are nomi-
nally $40, but the state OF stock in market
not favorable. The coal trade is duh trying
to realize October prices, and the hl%h price
of coke causes complaint. Tin Is three
eightns lower at 81 cents Copper steady
and lead weak at So decrease on consider
able importations. India rubber is lower at
Is cents for Para fine. The boot and shoe
trade is somewhat checked by the pros
pect of n reaction in leather, and ranges
from Il2 TO III cents over last year. Dfeau-
stuffs are lower, exports in October show
ing a heavy decrease. Wheat falls cents
for the week, corn 2l2 cents and oats nearly
cents. Pork products steady, coffee
and cotton unchanged, though in the latter
sales for he week are 1913, % bales, and oil is
5ls lower In general speculation products
are less active than usual. The stock mar
l<et. after the severe decline Oh Monday and
tuesday, rallied Il little, but was weaker
again Thursday and Friday forenoon, and
much affected by rumors OF further
failures feared. The Treasury has
put out $6O0,oG0 more silver notes,
but taken In S1.40O,G00 more of
other money. its offer to buy bonds being
ineffective. While exports of products
were enormous in October, they have fallen
II per cent. below last year for November
thus far at New York, but Il larger excess
over imports fails to affect the money
market. since the movement of securities
this way is large In October exports of the
principal products were S72,53S, 036 against
$7l,72s. 913 last year, when the aggregate of
exports was the largest ever known. But
the state of money markets abroad and of
the trading in securities prevents move
some time to come pressure in the money
market here is probable
The business failures during the last seven
days number: For the United States 224;
for Canada, AZ: total, 26j: as compared with
a total of 2l5 last week. For the correspond
ing week of last year the figures 265,
representing 235 failures in the United States
and 80 in Canada