Iron County register., 1890-12-04
MONEY AND BUSINESS,

Eh" State of Finance and Trade as In
dicated by r. q. Dun 6 Co.'S weskfy
Scvtrw - Ehe Difficulty of Obt dining
CsmmerciiI Loans Increases, but the
So!uni. OF Business Still Largp-An ad-
vance in the Speculative Market and
Il sEiares, Etc.
NEW YORK, Nov. 29-R. G. Dun &
20 S weekly review of trade SAYS:
The past broker week has not improved
the business outlook. The difficulty of OBJ
sSiEtnS commercial loans increases not
3hefc only but at most other points Banks
aiss' other leaders. from the largest to the
sss';'iiest. appear tt have been induced by
FcE ut cSentSt to strengthen them selves. st
sit.<t of the interior markets money grow
fnt're stringent ami the scarcity begins to
=att'ct trade ut important ceutcrs though
the v<,snIas of business is sill very Urge
Soston reports extreme firmneSs and high
fafeS- per Cent between b INKS.
frade Is affected arI most branches quiet
oi as dull, sales being Only l 7JJ,r0i
o"nnds. and large los move only ut con-
-Scs lions CieveIan Il ,''-. an active de-
ahaHd for money and 1t market At De-
1tToie she demand ssirol.: .tt7 per cent. cold
er weather shaping trad. ther. and at Mti-
~aukt C. where money is very active III:,uu-
zHctursFs asltn" largely ut per cent Tine
market at s. Pau i easier and the feeling
better, but bank failures II Du!uth cause
sotsie uneasincSs Cincinnati reports
closed market. a; Kansas City the supply
Fnt money IL close .%oney is quiet at Pits
bur Ia ate to- :. b II BcSscIuer steel is j cents
1ower end demands for finished iron
smaller S 'utherh reports are less cncnur-
sSiEss- Nj .ncy is in sharp demand at New
Or.csHs. the movement of sugar being un-
9,Tcccdcntcd; exceedingly tight at Swan
nah, with commcrciai pr, II ccts less bright;
more timid al Atlanta. though holiday trade
opens with good feeling, and in Western
FLORIDA short corn crop and embarrass-
srcais of merchants cloud the prospect.
II Baltimore money il easy, manufacturers
active and retail trade ia.pr we'd though
Ioitbing trade s!ac lcus- THe situation
at the great industries is less clear
The set back in wool ut Bos-
toH averages 1 cent per pound les on
delaines and conbings. bat the decline is
not nearly as great Us it has be at the
Vcst- Cotton manufacture is fairly mai -
faincd, tower prices OF the raw material
shaping. and estimates of she new crCp
average about ,Sln,G bales. The week has
oecr ouc Of peculiar duIInesS in the iron
srTdc and the tone is weaker. The specula-
ave market has bcca advancing. Wheat
has riS-II 6i9 cents: corn, 2l5 cents, and oats,
~. cents; Lard Is cents per hundred pounds
and cufi:e a quarter. Pork is unchan Scd
ana oil | ccat lower. Cotton has also
yielded & sixteenth of Il cent in view of the
crol, prospects. The rise in brcHdStutfS has
"a" increased foreign demand to Justify it,
bat operators seem 10 haze concluded that
monetary difficulties are all over ant that
they can curry all the grain until En- -op, is
forced to bay. Th. coal market has
becn dull AMI disappointing. In the
stock uarSet the strong rally of
kast week continues, prices having
been moved up about 81 per share since the
break There i already hear / much talk of
silr pa Ssa&e OF Il bin Tor free coinage o
silver at the next session # & susrrc>s. which
many believe VIII have enduring iniiUi-
encG in raising prices. The treasury has
not been able to- Civ" any ass otancc to thr
snoacy market during the past week, hut
has put out $3.50 900 more silver note,
ncar4y ia;anciug net Withdrawals OF Sl,S}D.-
30 0ttcT money from circu iatinn. There is
at present fclC of disturbance from
1b:oi ,, funds in the Bank of Eug.In
increase rapidly and the tate of sterling
exchange is maintained.
The business failures during the last seven
days uuuIbrr: For tn" United States. 2I1:
sor Castad;I.3i total, 2i9: Il compared UitI
a total of pa List week. F-,r the core sp1nd
ans: week of last year the figures 2I9
.rcpr"ScutIu-; 2iI failures in the United States
e2I.d , IA Canada