Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1890-09-18

MONEY AND BUSINESS.

The State of Trade, Tra ffic and business
in General According to X. g. Dun d
Co.'S Weekly Review-A Sitter Monetary
Situation-The Volume of General BUSH
Fairly Satisfactory and Collections
Good-Busness Failures, Etc.
NEW YORK, Sept. 13.-R. G. Dun 81
Co.'S weekly review of trade says:
The past week has fully Justified those
who gave warning that the monetary ease,
caused by Treasury disbursements, could
be but temporary. The market here has
been tight, with extreme rates p lid in some
cases. At Boston and Philadelphia mone-
tary pressure so affects business. At Chi
cago the market is some what hrmer and
the demand active; at st. Louis it is stiff at
Z to per cent; at Kansas City more firm
at Omaha a trifie close; at Milwaukee very
active, and &c some extent distuI bed by Il
large lumber failure in the interior. AT De-
troit the demand is strong at per cent At
Cleveland the tightness is rightly ascribed
to the volume of business; at Pittsburgh
the demand is fair at to per cent; and
only at New Orleans, of all cities reporting.
is the market easier. The immediate fright
at New York was about supposed enormous
demands for payment OF duties, if the new
tariff should go into effect october l. Taa
fact, as officially reported, is that ess than
100000 would pay full duties on all goods
in warehouse on which the rates have been
increased, but no one supposes that tho
pressure has caused considerable de-
cline in stocks, the average having fallen
about s.. so per share since August % Bread
stuffs had not been strong until Thursday,
the latest information as to yield being
generally more favorable. Lard and hogs
were stronger, and the report that cotton
was in condition shade lower than last
year caused rise of a sixteenth with sales
of $4,000 bales for the week The
exports OF wheat fell far behind last
years, and the decrease in corn is also
heavy. Other products have not changed
much in price, though oil is pa cents lower.
The reports from other cities indicate no
slackentng of activity on account OF none
tary difficulty at any point west or south OF
Philadelphia The reports rs to collections
are almost uniformly satisfactory. The
crops are moving fast, prices encouraging
farmers, but do not go forward to consum-
ers rapidly. At Boston the wool trade is
much more active and at Chicago there 10
a steady increase over last year in move.
ment of dry goods, boots and shoes, CLOTH
ing and meats st. Louis reports strong
trade in nearly all lines and from other
points the accounts are OF similar tenor.
The weekly output of iron rises again to ILL.,
T76 tons against l6i.793 August and 13l,O6S
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 DIV passage of the Tariff bill is antici-
pated as Il basis for larger operations. The
activity in dry goods is everywhere in
creased. The coal trade has done nothing
to speak of at August circular prices, and
tho demand here is below expectations.
The minor metals are strong, though for
copper the present demand is light. In
short, there is every reason to look for a
large and prosperous business if tho pres
sure in the money markets is met.
The busin esS failures during the last seven
days number: For the United States, l67;
for Canada, rs: total, 1893; as compared with
a total of 203 last week, and lS9 for the week
previous to the last For the correspond
ing week of last year the figures were 1873,
representing 10 in the United States and %
in Canada.