Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-06-04
MONEY AND BUSINESS.

The state of Finance and Trade Through
out the Country as Reflected Through
II. G. Dun g. Co.'S Weekly Review--A
Declining Tendency in Grain and Pro-
visfons-Trade Generally of Fair Volume
with Satisfactory Observation-Disclosures
Failures. Etc.
New YORK, May 3o.-R. G. Dunn Il
Co. IS weekly review of trade says:
Wheat has fallen ia cents on sales of Sl,-
oo0,001 bushels here, corn cents on sales OF
100000. 600, and oats 3la, while pork has
yielded Is cents per barrel and lard an
eighth. Exports of wheat already show
decided increase. Cotton is unchanged Tor
the week, both receipts and exports still ex-
ceeding those of last year largely, for the
month just closing more than 100000 bales.
Sugar is shade lower for Muscovada raw
and for granulated. In general the prices of
commodities have declined not far from
per cent. for the week, and will further de-
cline as new crops draw near, if no disaster
comes. The end of the great coke
strike does not yet bring lower prices.
for it is announced that $3.50 will
still be charged, but the twenty three iron
furnaces of the Shenango and Mahoning
valleys have decided to resume work at
once, according to kilograms If so, the
price of p & iron, at least of the lower grades
largely produced in that reg ion, is likely to
decline. The tone of the market has been
better, but without change of prices here or
at Philadelphia, while pig iron is 80 to IS
cents lower at Pittsburgh; ut there is a bet
ter demand in eastern markets for bar ana
structural iron and plates. No change is
seen in the wooden manufacture, though
fine domestic fleece is a little weaker in
tone. The cotton manufacture progresses
without change and eastern failures have
caused especial dizziness in the boot and
shoe and leather trades, even for the dull
season. Boston reports only fair business,
with sales very small in some branches.
Dealers and manufacturers in shoes and
leather are cautious, and hides are weak
Wool is quiet, WOODEN goods fairly active,
and cotton goods in better demand. At
Philadelphia there is general hesita.
ton because of the state of
the city finances; wool, grocer
les and tobacco are dull. At Pittsburgh
window glass is depressed by building
strikes, but at Cleveland trade is fairly good
and at Cincinnati Frightening a little. At
Chicago receipts of flour and grain, lard and
butter fall below last year. and of cured
meats over 81 per cent. but wool receipts
more than double; gains appear in dressed
beef and cheese, and in sales of dry goods,
clothing and shoes. At st. Louis trade is of
fair volume with collections satisfactory;
Kansas City trade is fair with crop pros.
poets never better, at St. Paul there is i'm
provement, and at Minneapolis lumber is
active but flour very dull. At Louisville the
outlook is brighter with manufacturers fully
employed, and at Nashville trade brightens
but depression continues at Memphis. Sugar
is in better demand at New Orleans and cot
ton steady at a decline, moasses unchanged.
The only interior markets at which strn-
gency is reported are Savannah and Mem
phis, though money is firm at New Orleans
and in strong demand at Minneapolis, and a
little close at Cleveland and Detroit. But i'll
general the supply at nearly all points is
adequate for all legitimate business. The
clearing house exchanges show smaller
volume of payments than a year ago, but
the railroad traffic returns more favor
able, and the earnings show gains. The
railroads make small progress in adjusting
their differences or preventin g reduction of
rates.
The business failures occurring through
out the country during the past seven days
number for the United States, 219, and for
Canada Is. or Il total of 247; compared with
total of 254 last week, and 237 for the week
previous to the last. For the corresponding
week of last year the figures were 2lS. rep
resenting 214 failures in the United States,
and IA in the Dominion of Canada.