Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-02-04
THE BUSINESS WORLD.

e. G. Dun s. Co.'S Weekly Report-Prfces
Low, Trade and Collections Good. Seems
to BE the Story from All Sections of the
Country-Enormous Cotton Receipts at
New York-A Better Feeling in the Wool
Market.
NEW York. Jan. 30.-R. G. Dun &
Co.'S weekly review of trade says:
1t is undeniable that there exists a considera-
| bic feeling of disappointment. More business,
but at lower prices seems to be the rule That
the volume of trade is gradually increasing.
even in branches which have been dullest, there
seems to be DO doubt. But in unusual num-
Der Of increased sales appear to be the re-
suit of some yielding in prices SO that the aver
age decline in prices of all commodities during
| the past week has been more than half of one
per cent. Money continues in abundant sup
ply. the movement of products continues
large, and extraordinary exports in December,
amounting to almost 12O 600 000 against not quite
9,OOO,00O last year, attract especial attention.
The foreign trade of the country in 1891 was
greater IN exports and also in imports than that
Of any previous year. There is more business
done in iron, but increase in weekly output since
the unprecedented report of December last has
weakened the price. so that the Thomas COM
pany has reduced No. Anthracite 80 cents, to
sl35O. and Bessemer iron is so cents lower at
Pittsburgh. Bar iron is dull at Philadelphia and
weak at Chicago. and the market for plates is
demoraiized by large production, while some
structural mills are short of work Copper is
lower, at 10.s cents, with moderate exports and
great output. Tin is an eighth lower, at 1876
cents but lead is stronger at ~ cents. Coal is
unsettled, with cut Of 80 cents on the old rates
by the Lehigh. but nevertheless agents have re-
solved to raise the schedule price Is cents per
ton. Reports from other cities generally indi-
cate gradual increase in the volume Of trade
AT Boston there are more orders for boots and
shoes; leather in more active; domestic hides
hrmer. and the jobbing trade in dry goods is
good. with large western orders Trade in
wool is large, sales being $4,000 pounds. At
Philadelphia iron is quiet and coal demoralized,
but dry goods more active and the grocery
trade larger than last year. Paints, oils, glass
and jewelry are quiet and chemicals steady.
At Baltimore jobbing trade in quiet,
but manufacturing brisk. Pittsburgh re-
ports finished iron weaker and many
flint glass works closed by dull
trade. At Cleveland trade is on the
whole equal to last year. At Cincinnati the
carriage trade finds better prospects. and at
Detroit better business is noted with good
roads At Chicago trade in general merchan-
die is equal to last years. Collections are sat
isfactory, money plenty and prospects bright.
AT st. Louis retail trade is strong and whole
sale average and grain receipts large. At Mil
waukee. trade prospects are good, but there is
very little speculation. At St Paul jobbing
trade and collections are better and at Minne-
apoEs trade is good for the season and collec-
tons satisfactory. At Kansas City an increase
in trade is noted, and at Denver business is
fair. AT Memphis and Nashville ride is quiet;
at New Orleans cotton is lower with heavy re-
ceipts. Sugar is steady and rice is quiet and at
Savannah trade is fairly good. In dry goods
there to be rather less activity to cot
ton goods, and in knit goods some dizziness.
There is better feeling in the wool market,
however, at New York, as at Boston, and the
continuing sales prove that manufacturing has
by no means ceased. Cotton is an eighth lower at
JIG cents, with enormous receipts for the season
and sales of 1877 coo bales here. While both
ceipts and exports fall somewhat behind those
Of last year for the same week, the indications
still point to very large crop. Corn is half a
cent higher with heavy receipts at the west,and
pork products little stronger. The money
markets throughout the country are unusually
well supplied, but in part because the demand
is only moderate. Collections are generally i'm
proving or are decidedly good. Foreign ex-
change is stronger having risen during the
week from 81 .o534 to 81. SO and the unsteadiness
of the stock market is supposed to be due to
considerable sales of securities by foreign hold
ings, who may not unnaturally find attractive
opportunities in the weakness of government
and corporate securities in their own countries.
The business failures occurring throughout
the country during the last seven days, number,
for the United States, 253, and for Canada A. or
total of 297; as compared with 3s8 last
week and $50 the week previous to the last.
For the corresponding week of last year
the figures were $50