Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-01-01
MONEY AND BUSINESS.

rh. Weeks Business and the General
Commercial and Financial Outlook as
shown by r.. G. Dun s. Co.'S Weekly Re-
yiew-Business Failures Show a slight
Falling Off From the Previous Week.
New YORK. Dec 27.-R. &. Dun d
Co.'S Weekly Review of Trade says:
The holiday trade was remarkably heavy
here, and at nearly all other points gooo,
which is by no means evidence that the
tightness of the money market springs from
any general embarrassment of business or
industry. The volume of payments through
banks continues larger. though but ABOUT
three per cent. larger than year ago.
Foreign trade is very heavy, in spite OF
causes which were expected to insure ma
terial decrease. Reports from other cities
disclose no important change in the condl-
ton OF trade. Wholesale business naturally
slackens and is quiet at this point IN
the year. and the indisposition to act
Is rather increased by the hardness OF col
lections. At Boston prospects are consfd-
cred better for trade in wooden and cotton
goods, and some large lots of wool have been
sold without change in prices. The demand
for leather is fair. Conditions at other East
ern cities have been not essentially diner
ent though at Pittsburgh bessemer iron has
sold at Sl6.25, the lowest price for the year,
and all pig iron is at bottom prices. Manu-
featured iron is in fair demand, and rails I'M
changed. At points further west expecta-
eral. At Kansas City wholesale trade IS
quite good, but cattle and hog receipts are
light. At Lincoln, Neb, business exceeds
that of last year. At Denver the demand Tor
money is lighter, but at Salt Lake the money
market is extremely close and the outlook
unsatisfactory. At other points in the
Northwest the monetary situation seems
rather better. Reports from the South also
indicate some Improvement Manufacture
erS at Louisville are fully employed, though
money is very close. Trade at Atlanta inn
proves; at Galveston cotton receipts exceed
last years. New Orleans reports fair trade,
larger receipts of cotton, the crop DelnS
there estimated at 100000 bales. Through
out the South the fictitious figures main
tanned last summer and fall for cotton have
caused some embarrassment, being followed
by the inevitable decline as the magnitude
of the crop became known. While the stu
alton of the iron and steel industry
shows no Improvement, the fact that
the closing weeks of the year are
passing without any serious t-back gives
encouragement. On the whole, labor has
never been more fully employed than in the
| latter part of 1890. The monetary situation
grows more satisfactory, because Treasury
| disbursements continue and gold arrivals
have given aid and the enormous excess of
| merchandise exports over imports is felt.
The business failures occurring through
| out the country during the last seven days,
| number. for the United States, 303, and for
Canada 30, or total of 1873, as compared with
| a total of 404 last week, and pa the week
previous to the last. For the corresponding
| week of last year the figures were 2SS; repre-
| senting 262 failures in the United States, and
| 26 in Canada.