Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-02-05
MONEY AND BUSINESS.

The Financial and Business Outlook
Throughout the Country Reflected
Through X. G., Dun & Co.'S Weekly Re-
view-Business Unprecedented in Volume
and q General Hopeful Tone in Conn
mercial Circles-Business Failures. Etc.
NEW YORK. Jan. SIR. &. Dun "
Co. IS weekly review of trade says:
Business continues unprecedented in vol
ume and satisfactory in character. Meas
ured by clearing house returns. trade ex-
ceeds that of year ago by about zi2 per
cent. in amount, and that means volume OF
business larger than in any other year at
this season. The tone in commercial CIR
Giles throughout the country is hopeful, and
the money markets are now comparatively
easy at nearly all points. The dry goods
trade is, on the whole, very satisfactory ZOE
the season, and while buying is conserva-
tive. both in cottons and woolens, ana
prices are low enough to embarrass some
branches of production, the trade is clearly
on a more healthy basis, as well as larger III
volume, than it was year ago me m
creasing demand for wool, though still con-
fined to actual needs for consumptlon'
proves that the current prices, low az they
are, do not arrest production. INC
trade in boots, shoes ana leath-
er is somewhat retarded by none
tary uncertainties. Sales in the Northwest
Judging from Chicago reports, appear to ex.
coed last wears, but it is doubtful whether
Eastern sales are larger, and from Inilauei-
phia and Baltimore come some Indications
that Southern sales may not be as large. In
the manufacture and sale of machinery, I'M
elements and tools business seems to be
larger than ever, and while copper, tin ana
lead are all a shade lower for the week, inc
consumption of each is very heavy. inc
embarrassment in iron and steel manutact-
ure and trade is now clearly perceived to DC
the result of marked shrinkage IN defnanu
for consumption. Bar iron is very duil the
demand for plates is very much smaller than
was expected, and for sheets irregular ana
unsatfsfving, while structural iron is duil
and lower. There is very little doing in ralls
at prices now nominally asked. IhS unsolo
stocks of pig iron are now said to be 4oo,ooo
tons more than a year ago. Accounts from
Southern cities indicate only Il fair tradeWltn
increasing receipts and lower prices Tor COT
ton at New Orleans. At st. Louis business 10
apparently strong, and building promises to
begin earlier than usual; at Kansas CITY ana
Denver trade is fair; ut Omaha dull, but at
| st. Paul excellent, snow having helped, ana
! the flour trade in Minneapolis is aided by
the rise in wheat. The lumber trade at Mn
neapolis is good, though logging in tho
| Northwest is embarrassed By lack OF snow
| at many points. At Cincinnati manufacture
ers are active, especially in machinery. AZ
| Detroit iron is weak, but at Cleveland in
| good demand, and at Pittsburgh there is TO
| especial change. The glass trade is rather
| dull. Chicago notes larger trade than year
| ago in nearly every thing excepting dressed
| beef, the gains in hides and wool being
| especially heavy, and in dry goods ana
| clothing sales are increased with better
| collections. Boot and shoe manufactures do
| not report as many orders as they wish, but
| wool is active with sales of 1868. 900, pounds
| for the week. Philadelphia reports good
demand for combing wool, encouragement IN
| the dry goods and shoe trades, and improve
| ment in paper because of Governments
| award to Pennsylvania makers. The start
| ling death OF Secretary Window caused
sudden fall in the price of bar silver from
| a7la to 1878 in London, it is stated in dis
patches, but no change whatever in the
financial policy of the Government is likely
| to result, though it may easily happen that
a successor, however able, may not possess
| the fertility of resources which Mr.. Window
| has shown in meeting emergencies.
The business failures occurring through
| out the country during the last seven days,
| number. for the United States, rs, and for
| Canada AZ, or total of 800, as compared with
| a total of $50 last week, and All the week
| previous to the last. For the corresponding
week of last year the figures were POI, repre-
senting 246 failures in the United states aud
| 45 in the Dominion of Canada.