Iron County register., 1891-04-02
MONEY AND BUSINESS.

The General Condition of Trade and Fi-
nance Throughout the Country as Shown
by r.. G. Dun e Co.'S Weekly Review
Money in Fair and Increasing supply. but
Trade Rather Quiet-Business Failures,
Etc.
New YORK, March 2s.-R. G. Dun &
Co.'S weekly review of trade says:
Trade has been rather quiet and hestat-
ing, as is natural at this season, and there is
rather more complaint of slow collections,
but throughout the northwest bad weather
and the bad state of country roads supply
an explanation. Money is in fair and in
creasing supply, and though still tight at
Salt Lake and scarce at Jacksonville, and in
stronger demand at Omaha and Milwaukee,
is almost everywhere easier, 30 that wants
of legitimate demands are met without
trouble. The outlook for the coming crops
continues exceptionally good. 1t has been a
week of unhealthy speculation in some pro
ducts, owing to desperate efforts of power
ful combinations to force prices on which
they can unload without loss. Wheat rose
to 1854 on Monday, and at 1854 is still
cents higher than the market a week ago.
Corn has risen 4s4 cents to 7Sl2, while oats at
59a4 are less than / cent higher.
Pork products advance, and coffee and oil
small fraction each, while cotton is a six
teenth lower. The general average of prices
reached its highest point this year on Mon
day, and though now fraction lower, is
still .16 cents above last week. But manu-
factured products do not share in the ad
vance, except in a few cases. Rails are firm,
but very dull, and manufactured products
are on the whole weaker. Copper is weaker,
and tin steady, with lead shade higher.
Coal agents have officially changed sched-
ules to fit the fact that recent quotations
have been fictitious and the new prices are
Is to 20 cents higher than a year ago. Wool
is selling steadily; 2,62S,O 900 pounds at Bos
ton, and the very large consumption of Aus
a Inc n a
bad condition of many western fleeces but in
part to the fact that the home supply is
nearly exhausted. Carpet works at Philadel
phia are fairly busy and buying freely, many
mills have orders for the season. Dry goods
dealers are already placing many fall or
ders, without change in prices as yet, and
agents stocks of plain soft goods are SMALL
but mems wear goods are dull. The boot and
shoe trade is not satisfactory, and ship
ments from Boston slightly below last
years. foreign combination, headed by
the same operators who failed in trying to
put up rubber eight years ago, Is hosting
para to 81, and the manufacturer Is forced to
consider stoppage of works and purchases
as a remedy. At Boston, money is easy and
trade dull because of the weather; but large
orders for lumber promise active building.
The business in cottons and tewery at Phil
adelphia is dull. Pittsburgh notes some de-
cline in structural iron, blooms and billetS.
AT Cincinnati the carriage trade is brisk,
and at Louisville tobacco is largely offered
without much change in prices. Cleveland
has fairly good trade, but clothing, iron and
ore are dull. Detroit notes only $3.50 for
charcoal iron, but good outlook for build
ing. At Chicago dry goods, clothing and
shoes are dull, though sales exceed last
years for the same week, and receipts of
wool considerably increase, while there is
decrease in flour and lard and decrease of
half in dressed beef At other north
western points trade IS fair, though much
affected by weather and the state of the
roads. New Orleans finds trade only fair,
but cotton receipts increasing; sugar is dull,
molasses stronger and rice firm. Trade at
Savannah is holding it's own, but at Jackson
vile is dull, the orange crop having been
marketed. The outlook for vegetables is
good. A noteworthy feature of the south is
the number of new manufacturing con-
Germs.
The business failures occurring through
out the country during the past seven days
number, for the United States, 22S, and for
Canada %, total of 256; compared with
a total of 275 last week, and 273 the week
previous to the last For the corresponding
week of last year the figures were 243, rep
resenting III failures in the United States
and 26 in the Dominion of Canada.