Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-02-25
WEEKLY TRADE REVIEW.

The Business Situation Hardly Salts
factory ms it Has Been-The Speculative.
Mania Threatening to Result In Further
Depression-The Continued Weakness In
Cotton Cause of Dizziness Throughout
the South business Failures for the
Week, Etc.
New YORK. Feb. 20.-R. G. DUN g.
Co.'S weekly review of trade says:
The business situation is not quite SO salts
factory or encouraging as 1t has been. While
the gradual increase in distribution OF many
lines of merchandise continues, there is shrink
ing demand and much depression in iron A
further decline in cotton blights hopes of re-
vival in southern trade, and the speculative
mania stimulated by cheap money and by the
great success of the coal speculation, now ex-
tends to wheat and threatens to restrict ex-
ports. Meanwhile more talk of free silver in
congress tends to distrust of the future al
though the well informed know that any serious
change at this session of congress Is impossf-
BILE. From all parts of the country the re-
turns regarding the money markets are
satisfactory, indicating an ample supply,
and on the whole better collec-
lions than usually at this season.
Notwithstanding the fact that exports OF wheat
have been diminishing while western receipts
continue large. speculation at Chicago has
lifted the price GIG cents during the week, and
sales here have been 100000 bushels. Corn
has declined half a cent with large exports but
very large receipts. Pork receipts and conee
are substantially unchanged and oil is only 1le'
cents higher on small transactions. Cotton is ..
shade lower with sales q 5s7 600 bales here. re-
ceipts being "a per cent. greater for the week
than last year, but exports 80 per cent. greater.
At Boston trade is reported satisfactory. At
Baltimore the lumber trade is more active.
The movement in dry goods at Philadelphia
promises an active spring trade, though the
south is still behind, but in liquors, tobacco,
chemicals paints and glass. trade is quiet. and
in groceries dull. The wool market Is dull, the
worsted mills lacking orders. At Pittsburgh
trade in iron and steel has grown duller,
and prices are weakening. At Cleve-
land improvement is seen in most INES,
and trade is larger than last year, and manu-
featuring at Detroit also exceeds last year rec
ord while vessel rates are better. At Chicago
sales of merchandise continue fair increase
over last year. Trade is good at Milwaukee and
collections satisfactory. At Minneapolis
and ST. Paul business is fair and the outlook is
promising. At Omaha and Kansas City. both
trade and collections fair and money is
plenty ST. Louis business begins to show
signs of revival, the outlook for the spring trade
is encouraging and the corn crop Is in fun
movement. much of it going to the river Trade
also improves at Denver Throughout the
south the continued depression of cotton is
noted as a cause of dullness. The week has
been gloomy in the iron trade, from pressure to-
realize on qualities of iron not well known or
produced in excess Of requirements. The cop
per market mas been Steau1er anu tlu 6uu
are stronger The coal market is very dull wait
ing the results of the combination Boot and shoe
trade is steady and growing. In wool there is
distinct improvement in the demand for carpet
use, since the slight advance in products by
some makers and also in one fourth or three
Fights blood woods because of the strong de-
mand for cheviot goods. The spring demand
for mems woolens is large, and many tardy-
clothiers find their orders long delayed or re-
fused. Trade in dress goods is also improving,
though at this city there is much cutting in re-
tail prices Cotton goods are more active than
in any previous week, and few other grades
have slightly advanced Domestic makes are
over supplied with money, and if nothing else
can check the tendency to excessive specula-
ton, some exports of gold might be good. The
value of ali exports from New York for two
weeks of February has been q per cent larger
than for the same weeks last year.
The business failures occurring throughout
the country during the last seven days number,
for the United States, PSI, and for Canada As, or
a total of 299; as compared with 276 last
week and 3l9 the week previous to the last.
For the corresponding week of last year
the figures were 200.