Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-12-03
MONEY AND BUSINESS.

Review of the Weeks Trade and the Con-
dition of the Money Market as Collated
from Reports to II. q. Dun s. Co-Money
Comparatively Easy and in Ample Sup
ply, and Trade Moderately Active-Bus-
mess Failures, Etc.
New YORK, Nov. 27.-R. G. Dun s.
Co.'S weekly review of trade says:
The week has shown weak speculation, active
retail trade, and moderate wholesale business.
Money is in ample supply with no sign OF loss.
Industries are fairly employed with some i'm
provement. Crops are moving with freedom
and in wonderful quantities. and exports are re-
markedly heavy. No failures occur OF char
after to cause apprehension, and the feeling OF
confidence at all commercial centers is strong.
AT Boston trade is steady, and in groceries and
holiday lines active In dry goods there is more
wholesale and good retail trade, and wool is
active, sales reaching 3250,000 pounds, prices
favoring buyers. Boot and shoe manufacturers
are fairly well employed. At Hartford trade is
dull for dry goods and materials but good for
groceries and hardware At Philadelphia there
is moderate activity in dry goods and some in
crease in sales of wool, all worsted mills max
ing full time, and in dress goods and hosiery
better feellng prevails although in carpets
profits are narrow. At Pittsburgh pig iron is
weaker, but manufactured iron and steel is in
good demand; glass trade fair. At Cleveland
trade is good in all lines, excepting less de-
mand for manufactured iron At Detroit bust
ness is equal to last years and manufacturers
are active. At Cincinnati retail trade is i'm
proving and manufacturers fully employed. At
Chicago some decrease is seen in cured meats
lard, butter and cheese. but slight increase in
barley, 20 per cent. in flour, the weeks trade,
being the largest of the year;
an increase of third in cattle and
oats, of half in hides and receipts of dressed
beef and corn are double. and of rye and wheat
three times last years. Merchandise sales
largely exceed those of last year, and prospects
are very favorable. There is the same con-
fidence at st. Paul, where cold weather stimu-
lates trade, and Minneapolis sawmills have
closed the largest season on record, while -four
mills, though troubled by ice, turn out $4,000
barrels daily. At Milwaukee there is satisfac-
tory trade, but larger in the west where crops
and money are plenty. At Kansas City there is
healthy activity. and cattle and grain receipts
improve. At Denver trade is very good. but at
Salt Lake dull with slow collections. The
southern cities report better: at Nashville and
Montgomery trade is very fair, at Charleston
good with improving exports. At New Orleans
receipts of cotton and sugar are large and both
in good demand, and Savannah alone reports
present trad light and money easier, but
prospects bright. Speculation during the past
week has not been active here, but corner at
Chicago has put up corn for immediate delivery
cents and pork is IS cents higher, oats 11s
cents and wheat five eight cent higher, while
cotton and sugar are heavy. The receipts of
cotton exceed those of the same week last year
by $4,000 bales, and the exports by $1,000 bales,
but the stocks in this country are 52l 600 bales
larger. Wheat receipts at the west continue at
the rate of more than 100000 bushels for the
full week and exports have been 800 600 bushels
of wheat alone from Atlantic ports for three
days of the present week. Corn is coming for
ward fairly, and after November a sharp de-
cline in prices is expected. Oil and coffee show
no considerable change. The volume of specu-
lation in most lines is fortunately restricted
that legitimate business and the movement of
products are not at present embarrassed. In
the great industries the outlook has improved
There is a better demand for iron, and sales Of
pig are liberal Some Virginia iron is offered
very low, and SIG at Providence for No l is
quoted. Bar is in better demand Plates in
fair demand. but structural iron is little
weaker, and steel billets at the lowest price
ever recorded, S26. On the whole there are evil
denceS of enormous consumption already,
nearly equal to the production, with prospects
of an increase next year. The market for cop
per is unsettled; tin is slightly higher lead I'M
changed and coal dull. The market for wooden
goods distinctly improves with colder weather
though some holders make slight concessions on
old stocks. Cotton goods fairly active
though print cloths accumulate. Money is
comparatively easy and collections generally
fair.
The business failures occurring throughout
the country during the last seven days number,
for the United States, 237 and for Canada. So;
a total of 295. compared with totals of 2S5
last week and 231 the week previous to the last.
For the corresponding week of last year the
figures were 249 representing 21l failures in the
United States, and So in the Dominion of Can