Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-12-17
MONEY AND BUSINESS.

The Condition Of Trade and Finance
Through0ut tho Country - shown ny
r. G. Dun 3 Co.'S Weekly Review
Holiday Trade Increases the Volume OF
Business While Favorable Monetary
Prospects Strengthen the Market for
Securities.
NEW YORK. Dec. 12.-R. G. Dun q
Co. IS weekly review of trade says:
As the holidays draw near all signs indicate A.
large volume of business ut the present, Will
growing confidence of improvement IN the
future, except in parts of the south. where tno
unusual accumulation of cotton and It's low
price have depressing influence. Reports from
all parts of the country show very fair acus-
ity in the distribution of merchandise buho
ing for the year about sufices to meet tine re-
quired increase in population AT Cnicago .ne
usual great increase is seen in breadstunS, quo
lack OF transportation through the counL ~
causes embarrassment, and perhaps part OF tns
decline in receipts of cattle, butter anu-
cheese. At Omaha the car famine retards pusl
ness and at Kansas City it is quieter than was
expected The southern cities all report SONS
embarrassment and at Little Rock trade Is ouii,
at Nashville money is close; at Montgomery
large stocks of cotton held cause strong oemaho
for money: at Savannah trade Is slack ana pros
poets called dubious; at New Orleans, though
receipts of cotton are heavy ana OF sugsI-
liberal, and the demand for all the great staE les
is good, collections are slow and the delay IN
payment of sugar bount;es is especially notlseo.
The expected reduction in prices OF carpets has
come. from 10 cents on body brussels to cents
on ingrains which are now said to be cneape1
here than in England. Among clothiers the bet
ter class of goods are in excellent demand, trade
in knit goods is quiet and in dress goods satls--
factory, but some concessions are noted In nan
nels. Print cloths show some improvement and
prints are more active. The boot and snoe
business clearly increases. The iron business IS
more active. The rail mills 60 into next year
with orders for 100000 tons Lake copper Is
lower at 109 cents, ltin and lead are very dun
and coal weak. The monthly crop report gave
little help to speculation. It showed yield OF
wheat, corn and oats which aggregate 80 per
cent. more than last years, and fifty two bush
els for every inhabitant, against thirty nine
bushels in 1890 Cotton is unchanged PORK
products are slightly stronger, coffee quarter
of cent and oil 1ss cents higher, without great
activity in any branch of speculative trade Ex--
ports of domestic products continue unchecked,
and for the last week were A per cent more
than for the first week OF December
last year. Yet preparations for yearly set
Elements abroad such remittances
that imports of specie are stopped by the de
cline in foreign exchange. The Bank of En-
gland has lowered its rate Of discount to GIG per
cent, and is gaining, while the German and
French banks are losing gold. The treasury
has taken in more money than it has paid out
by 81, 800 600, but added to circulation $6OO,OUl
new treasury notes. and has drawn down bal
ances in banks 81, 10000 Favorable monetary
especially it is evident that disbursements inN
dividends, interest and profits about January J.
will be large, and will seek new Investments
With better tone, some securities have ad-
vanced, and there is no feeling of apprehension
regarding the monetary future.
The business failures during the last sever
days number, for the United States $50, and for
Canada 90 or a total of $40, as compared with
totals of $50 last week and 295 the week previous
to the last. For the corresponding week of last
year the figures were 374, representing 347 fail.
ures in the United States and "a in Canada.