Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-09-10
MONEY AND BUSINESS.

Condition of Commercial and Financial
Affairs Throughout the Country as
Shown by r. G. Dun & Co.'S Weekly Re-
view-Injury to the Cotton Crop Causes
an Advance in Price and Stimulates
Trade in the South-Business Failures
Etc.
NEW YORK. Sept 5.-R. G. Dun &
Co. S weekly review of trade says:
Business improves in all sections, at the
south partly because of an injury to the cot
ton crop and the consequent advanced
price. At the west some injury to corn by
frosts late In the week Is reported, the ex-
tent of which is not yet known, and ii it IS
serious the loss NAV affect trade to some ex-
tent, but at latest accounts business was
active and almost everywhere improving
The wheat crop is out of danger and 10
enormous, undoubtedly the largest ever
grown, and moving with unusual rapidlty.
The corn crop has been saved and Is very
large in most of the surplus producing
states, and even within the range of recent
frosts appears to have been in part beyond
injury. Cotton has boon damaged seriously
in some states, an Alabama correspondents
thinks 80 per cent and New York dispatch
says 1725 per cent. in Louisiana and Missis-
sippi. The monetary situation is also de-
cidedly clearer and more favorable. Inc
reports from other cities express increased
confidence, and show an actual gain In the
volume of trade. Steady Improvement Is
more deaand for dry goods. improve
ment in leather, and larger orders for
boots and shoes. At Hartford hardware IS
gaining, and groceries little, though col
lections are slow. At Philadelphia improve
ment is seen in iron and coal. steady buying
of wool by manufacturers, especially OF
worsteds, and fair trade in tobacco and
chemicals, but collections are generally
dull. Manufacturing is active. Clothing
and dry goods respectively are active and
foi Al
cago wheat receipts are four times last
years. rye nine times, corn and dressed
beef double. and oats show increase,
while some decrease Ia noted in flour. about
one half in barley and cured meats, and
quarter in lard. Sales OF dry goods exceed
last years, which were nominally large, and
in clothing and shoes the trade is immense.
At St Louis the distribution exceeds last
years and orders are free. At Kansas City
trade Is fairly healthy. At Minneapolis tho
jobbing trade is very good, wheat receipts
being double last years and lumber adj
vanced one dollar per thousand by the as
sociation; and at ct. Paul trade steadily in
creases with assurance of unprecedented
crops. At Milwaukee business gains, though
unusually slow collections pinch some of
the 1oDbers. At all southern points
higher cotton stimulates trade and
collections are somewhat better. and at New
Orleans there is better demand for sugar.
AT most southern points money is also cas-
Ter, and at New Orleans in ample supply for
legitimate needs. At the west no complaints
of strngency are noted, though money is
frmer at Chicago Operations in specula-
tive markets have been more active, and
wheat has declined AS cents, on sales of
4S,000,o o0, on account of enormous receipts
at the west The great industries are doing
well, though strikes of importance
threatened in the cotton mills at Fall River,
and the window glass works at the west.
Distinct Improvement is seen in the demand
for iron and its products, though prices are
good and also in California, while mineral
metals are firm. Sales of wool at Boston
reached 4,317 900 pounds.
The business failures occurring through
out the country during the last seven days,
number, for the United States, 1877 and for
Canada, -, or totul of 217; as compared
with a total of 226 last week, and PIG for tho
week previous to the last. For the CORE
spending week of last year the figures were
FOB, representing I67 failures in the United
States and 36 in the Domini ion of Canada.