Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-05-28
The counTRY.s COMMERCE.

Tho Financial, and Commercial OUTLOOK
Throughout the Country as IT,
r.. G. Dun g. Co.'S Weekly ReVLew
Continued Outward Flow of Gold Exert
ing a Somewhat Depressing Influence
Markets show General Declining Ae
dency, and Crop Prospects satisfactory
Business Failures, Etc.
New YORK, May 24.-R. G. Dunn %
Co. IS weekly review of trade says:
The continued outgo of gold in spite Oh
rose colored assurances by eminent ioreiSii
bankers has a depressing influence. o'oons
have been weak, though with sharP r"iiJ
Yesterday (Friday) afternoon, ana the pIo
duce mark cts are much depressed, ana the
fall in the prices of all commodities mas
been about rs per cent. IN TWO "e,
The local money market is fairly suppiieu
at moderate rates, other eastern anu
western markets are, almost without OK
ception but at a few southern points
money is close tight, ana much
caution in extending credits preNais'
The iron business is rather weak
ened at Pittsburgh by the prospect oi
increased supplies and is very dull at CieFe-
land but somewhat more demand IS seen at
New York and Philadelphia for various
forms of manufactured iron. steer rams 10
not share the Improvement, ana are ha',
but there is more demand for plates, anu
bar which has been sold at 81 .6o, now com
mands 81 72Lo The coal business IS sun
threatened by production far beyond agree
ment, and prices do not seem TO warrant INC
advance proposed for June !. The wooleh
industry is waiting, without any improve
ment in goods to justify the demand Ior
higher prices on new wool. At Boston Ihe
goods trade is not satisfactory, but safes Oh
wool reached 2, 299. 500 pounds in the seVerai
sales of new California. territory ana Quiet
domestic kinds being reported, ana the mar
ket is rather easy Trade at Boston mas
been quiet. Hides are duh, with some con-
cessions, and the boot and shoe trade Is
generally dull. Hartford notes fair trade.
At Philadelphia collections are more salts
factory in drugs and chemicals, but very Dao
in groceries, extremely poor in paints ana
unsatisfactory in fewelry. Dry goods trace
is small, but a heavy fall trade is expected.
Pittsburgh notes that railroad orders are
held back waiting for crop results, ana
while window glass does fairly well, hint
glass has slack business. At Cleveland dry
goods, groceries, hardware and shoes I'M
prove fairly; but machinery, lumber, IRON
ore and clothing is dull. At Cincinnati the
tobacco trade is brisk. Detroit notes good
prospects, though margins are close. At
Chicago dry goods sales exceed
last years considerably, as do sales
of clothing, and there are fair coun-
try orders for shoes; wool receipts
gain over last year IS peg cent corn 80
per cent, and dressed beef, cEeese, butter ana
hides gain, but in cured meats there is de-
cline of per cent, and in lard'x nouf nno
barley of 3 per cent. Crop reports at chi
cago are very satisfactory, and the same Is
true at ST. Paul. Omaha and many other
points; where recent rains have made won
derful Improvement
The business failures occurring through
out the country during the past seven days
number. for the United States, PA, ana for
Canada 40 or a total OF 254 as compared with
a total of 237 last week, and 222 for the
corresponding week of last year.