Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-02-19
MONEY AND BUSINESS.

The Commercial and Financial Condition
of the Country as Reflected Through II.
G.. Dun e. Co.'S Weekly Rcview-Some
Disturbing Influences at Work, Other
wise Trade Generally Good Business
Failures, Etc.
New YORK. Feb. f4.-R. q. Dun Il
Co. IS weekly review Of trade says:
There is some Improvement in business at
the East, and more confident feeling. and
at Chicago the tone is very hopeful. But at
most other Weste RI and nearly all Southern
points business shows no increase in vol
ume, and is father hesitating. The indus
trial outlook is modified by the great strike
of Connellsville coke workers, which must
cut off large supplies of iron if it lasts, and
by the great decrease in iron output de-
crease of II per cent. for the month. and II
per cent. in two months, in part explained
by the enormous stocks on hand,
which amount to 565 ,001 tons from the
furnaces reporting. Yet the tone of the
market for finished iron is stronger, because
of the strike, and sales of pig iron have
been unusually liberal. The coal market is
dull and weak. A war OF prices is appre-
hendcd unless a change in the market de-
mand occurs speedily. The demand for cop
per is limited. The demand for wool con-
tinues strong, and worsted grades are rising.
Sales at Boston in january were 1000 400
pounds against II. I*3, 600 last year. The low
price of cotton tends to make trade dull at
the South, farmers holding back for higher
prices. But at New Orleans general trade
improves materially, and at Nashville it
opens very dull At other points reporting
it is only fair or dull. st. Luis reports
fair volume but no Improvement while Kan
sas City finds better wholesale trade. At
Denver and st. Paul trade is fair; at Mime
apolis very active in lumber; at Omaha
without improvement, and at Milwaukee
and Detroit quiet. Cleveland reports fairly
good trade in most lines. Pittsburgh notes
better demand for merchant iron, because
of the strike, and good trade in bottle glass.
but dizziness in other branches of the e 4
business At Chicago wool receipts are
more than double last years, and there is
some increase in lard and cheese,
but heavy decrease in corn and
dressed beef. Philadelphia reports inn
provement in wool and fair trade in dry
goods and clothing. At Boston general trade
is good some large mills are buying freely
and more buyers of boots and shoes appear.
throughout the country the money markets
are comparatively easy and undsturbed.
The business failures occurring through
out the country during the last seven days.
number for the United States, 262. and for
Canada As. or a total OF 297, compared with
a total of 3O6 last week, and 800 the week
previous to the last. For the corresponding
week of last year the figures were Boz repre-
senting 24O failures in the United States and
62 in the Dominion of Canada.
An Express Robber Pleaded Guilty.
SpRISGFIELD. o.. Feb. 14.-Frank
Smith. the nineteen-year-old train rob-
Der who held up a train and robbed the
Adams Express ear last fall, confessed
his crime and pleaded guilty at Urbana,
near this city. Smith was followed
through Kansas and back to Eelle-
fontaine, where he was arrested. Smith
has agreed to give up the names of his
accomplices, and his sentence will be
made lighter in consequence. The rob-
berry for which Smith was convicted oc-
Cured October 2. 1890 He and his pals
bound and gagged Messenger scldder
and robbed his car.
Dick sIaudIebaun'S Deficit.