Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-05-14
COMMERCIAL REVIEW.

The General Outlook in Financial and
Commercial Circles Throughout the
Country as Indicated by X. g. Dun &
Co.'S Weekly Review-An Exceptionally
Good Outlook for Crops Checks the
Upward Tendency in Cereals-General
Trade Fairly Good-BuSiness Fauures,
Etc.
NEW YORK, May Or. 6. Dunn q
Co. s weekly review of trade says:
Nav starts off with q great plunge in spec
ulative prices for some weeks anticipated.
Wheat fell Is cents in as many days, much TO
the disgust of the men who have been pre-
dieting famine before July. 1t is still SAID
that it is possible that the demand next year,
on account of failure of crops i'll France ana
elsewhere, has to meet it an exceptionally
favorable prospect here while the export de-
mand for wheat this year, even since prices
have broken is not large enough to prevent
the carrying over of great unsold surplus
next July. An element of strength is the
accommodating evidence that the wheat pros
pect at the west is remarkably gooo,
the acreage having increased heavily.
third in Kansas and quarter in WASH
ington. The unusually cold weather,
while iniuring fruit and vegetables at many
points, does not appear to have seriously
affected the larger crops, which promise ex-
ceptionally we'll With such an agricultural
outlook. the demand for manufactured prod
ucts of all kinds is likely to improve, and
thus the great Industries will be helped. 1t al
ready feels the stiffening influence, and some
kinds and grades are Il shade higher than
week ago. with a larger buying of pig iron
at unchanged prices. The demand for struct-
ural iron is for the time lessened by extensive
strikes in building trades, but for bar and
plates there is more demand. Wool is scarce
and manufacturers not inclined to activity
until the new clip comes forward freely.
Returns from other points show rather
quiet trade; at Boston only fair. The boot
and shoe trade drags. Leather and hides
are quiet but firm, while wool is
very dull, and the distrbut on of
dry goods moderate. At Philadelphia fine
wool is lower and the trade in liquors, to-
bacco, oil and cigars is quiet in drugs good,
and in chemicals and jewelry fair, with i'm
prove:nent in paints At Hartford trade is
picking up, and at Pitts burga lightimprove-
ment is seen in bessemer and some kinds OF
manufactured iron. At Cleveland trade Is
fairly good in hardware, shoes and grocer
les, but light in dry goods and clothing and
dull in iron. At Detroit cold weather makes
trade slack, lake freghts are lower than at
the opening and at Milwaukee building
strikes affect trade, but at st. Paul trade is
fair and crop prospects are excellent Pri-
Vate advices received at Chicago as to crops
are of the same tenor, and the dry goods
trade is better, with clothing and shoes sat
isfactory. Receipts of cured meats and lard
fall behind last years, but there is
an increase of 25 per cent. in wool,
and % per cent. in cheese and
butter Cincinnati reports fair trade, with
shoe manufacturers busy. At st. Louis the
promise is excellent, and at Kansas City
there is some Improvement at Denver
also. New Orleans reports fair trade, with
cotton in moderate demand at somewhat
better prices, and sugar active but lower.
At Savannah trade falls off some. but pros
poets are bright, and at Jacksonville bust
ness is brisk and hopeful in all branches.
In short, while present trade is not quite as
active as usual the outlook would be highly
encouraging but for foreign and monetary
uncertainties.
The business failures occurring through
out the country during the past seven days
number. for the United States, PIP, and for
Canada 2S, or total of 240 as compared with
a total of 255 last week, and 241 the week
previous to the last. For the corresponding
week of last year the figures were 209, rep
resenting los failures in the United States
and 1O1 in the Dominion of Canada.