Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-07-23
THE BUSINESS OUTLOOK.

The General Condition of the Country's
Commercial and Industrial Interests as
shown by X. G. Dun q Cos weekly re
view-The Favorable Crop Reports mas
Checked the Speculative Movement IN
wheat-Business Failures for the Week.
Etc.
NEW YORK. July | TX. u. Dunn %
Co.'S weekly review Of trade says:
There is a remarkable increase in the
production of pig iron, almost to the unpre-
cedented figures of last year. The capacny Oh
furnaces in blast July l, is reported rs Ill,
lO5 against ,467 0S2 tons June last ana i'io.,@o
tons a wear ago For the six months ending
with June the production has been ABOUT
s0550. 900 tons, and shows q decrease
in comparison with the last mar OF
last year amounting to nearly l,oW.-
900 tons in coke IRON aiohe' i.o
sudden increase i'll production is hot III
all spects favorable symptom NO cor
responding Improvement in the demand TOT
manufactured products is yet seen, ana the
stocks unsold at only a part OF the furnaces
are now recorded amounting TO ABOUT
l. 900. 600 tons showing very large increase,
particularly in coke iron. Unless the de-
mand rapidly improves the market must
soon weaken so far as TO test severely
Germs to continue production. Al
ready there is perceptible weakness
in the market at Philadelphia, ana some
concessions in price are noted Tor pig IRON
and for plates, while the market Tor struct.
ural iron is extremely dull. AS usual or
late the demand for rails is scant, the mar
ket for railroad bonds being still dull ana
disappointing. Some Improvement III the
demand for dry goods is seen at Boston, ana
it is thought that the depression in tue snoe
trade has reached it's end, more activity De-
ing observed. There is larger business In
leather with steady prices, the production
being limited by the tanneries. safes OF
wool larger, amounting TO o"sS'"oo
" aud
seen in dry goods, orders for lightweights
coming in with fair freedom. Prospects
are considered brighter at Ph!ladelphia,
though no Improvement is yet seen in most
branches of trade, but there Is more dlspo-
sition to buy wool and the tone OF the mar
ket is stronger. In spite of the usual dull
ness of the season an improving tendency
is seen at Buffalo and lake SNIP
ping revives at Cleveland with n larger
demand than year ago. orders for cloth
ing are good at Cincinnati, and the retail
trade in dry goods brisk. At Detroit manu-
features move very fairly, and at Milwaukee
trade is helped by improving crop pros
poets. At Chicago the clothing and snoe
trades show a large increase over last year,
though in dry goods the trade shrinks lit
tie. At St Paul trade is backward, but pros
| poets good, and for Minnesota especially
bright. Bank clearings at st. Louis exceed
| last years by per cent, and money is GO
| ing out to move crops with freedom, while
general trade in all lines Is of fair volume.
At other northwestern points, without ex-
ception, excellent crop prospects are noted
as promising Improvement, and at Nash
vile trade is fair, but duh at Memphis, and
unsatisfactory at Little Rock, falling off at
Savannah and sluggish at New Orleans,
though much better demand is seen for
cotton. AT Jacksonville trade is better
with crops in good condition. The coll
lapse in wheat speculation has come,
with fall of cents during the
past week, but is scarce
and 3i2 cents higher while oats have de-
clined about cent. Pork and hog products
are higher, coffee has risen e-quarter and
oil the same; but cotton is unchanged and
the general course of prices has been down.
ward as is natural at this season, the fall
during the past week having averaged
nearly three quarters of one per cent. The
treasury has paid out during the week ST.
100000 more than it has taken in, besides is
suing 81 200, 900 new treasury notes, and the
market here is well supplied at ll2 to per
cent. CALL Other money markets
generally in fair shape and collections fair
for the season.
The business failures during the past seven
days. as reported to the mercantile agency
by telegraph, number, for the United States,
244: for Canada 30; total, PA; as compared
with total of pa last week, 237 for the
week previous to the last. For the CORE
spending week of last year the figures were
POI, representing 1877 failures in the United
States and 20 in the Dominion of Canada.