Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-02-12
MONEY AND BUSINESS.

| The Commercial and Financial OUTLOOK
as shown by x. G. Dun a. Co.'S WcekIy
Observation-Disclosures Exceeds Last Year o.
the Same Time and at Higher Lever
of Prices, and the Money Market As
Stunning an Easier Tone-The weeks
Failures. Etc.
New York, Feb. T.-R. q. Dun q
Co. s weekly review of trade says:
Though at a higher level of prices business
continues to exceed last years on the whoie'
and is in character more healthy ana CON
sentative than usual. Money markets are
everywhere easy. in part because specula-
tive liquidations and the marketing OF crops
have liberated large sums for which there -
no immediate use, and the volume OF cur
rency in circulation therefore decreaseo
nearly S. 100000 in January. Confidence Is
still affected to some extent by possibilities
of monetary legislation but the impression
grows stronger that no important action wiz
occur at this session of Congress. and that
an extra session viii! be avoided. The aver
age prices of commodities have advanced
nearly half of one per cent for the pas.
week, but the advance is almost
exclusively in products OF whlcn
crops were short. Reports this week from
all parts of the country indicate a fair vol
ume of trade for the season, easy money,
and collections generally fair, though AT d
few Western points, and in the grocery
trade at Philadelphia. rather slow. The
South has the embarrassment OF afurtner
decline in the price of cotton, but receipts
are large, and general trade Is somewhat
better at New Orleans, though receipts OK
sugar arc light. Trade is improved at Az
lanta, fair in volume ut Memphis and Gull
at Savannah. Business at st. Louis IS OF
fair volume: at Kansas City fair average
for the season; at Denver improving, ana
at Omaha and Milwaukee quiet. Chicago
notes slight increase over last year in all
grain, and good increase in cured
MAJ rs and
dressed beef, lard and butter, larger
sales of dry goods clothing and shoes, ana
enormous cattle trade. Detroit notes
fair trade and orders, while Cleveland has
good trade in hardware and dry goods. At
Cincinnati general trade is quiet. At Pitts
burgh iron is queter though better de-
mand for rails is seen. Philadelphia notes
prosperous spring business in shoes ana
leather and in dry goods, with the clothing
trade healthier than for years. At Boston
the feature is good trade in wool, exceeding
last years, and leather and hides are fair,
but many shoe factories are on short time.
No special change is seen in iron and steel;
ship, bridge and building are "A little
dull, and buyers hesitate to take rails at the
price fixed by the combination. Heavy ex-
ports of copper are reported, but domestic
consumers hold off. Tin is lower at
POI cents and lead steady at a.35.
The coal trade is still congested, and
some mines are sleeping. The cotton manu-
facture shows no material change. In the
wooden manufacture signs of improvements
multiply. One large establishment, which
has been making worsted at Bradford, En-
gland, has bought property and is preparing
works near Philadelphia. The demand for
wool of all kinds lifts the price little, but
especially for the coarser and worsted
grades.
The business failures occurring through
out the country during the last seven days,
number, for the United States, 26l, and for
Canada As, a total of BOG, as compared with
q total of 800 last week, and 30i the week
previous to the last. For the CORES ponding
week of last year the figures were 32l, repre-
senting 26a failures in the United States and
90 in the Dominion of Canada.