Iron County register., 1892-03-31
MONEY AND BUSINESS.

The Condition of Business Throughout tho
Country Shown by Il. G. Dun & Co.'S
Weekly Review-On tie Whole There is
Not Much to Complain of-Business Fall
ures, Etc.
New York. March 26.-R. G. Dun s.
Co.'S weekly review of trade says:
With unusually conflicting signs, the conf
dence which prevailed in business circles is
still on. Commodities a whole have declined
three e-quarters of one per cent during the
week and are now one eighth per cent. lower
than year ago at this time. At Boston bad
weather affects the dry goods trade, which is
yet quite satisfactory. Cotton machinery ls
well employed, the boot and shoe factories are
busy with large number of buyers in the
market, rubber goods very active with works
employed overtime, and sales of wool fair in
amount, though the market favors buyers. At
Bridgeport hardware is fourishing, the output
of rubber goods light, and building material ac-
tive. At Hartford the wool trade is fair.
hardware quiet. and there is no improvement
in groceries or dry goods. At Philadelphia
sales of dry goods are smaller than of late.
though equal to last years. wool quiet trade in
chemicals steady, and in oils fairly active. but
other trades are quiet, with plate-glass ex-
tremely low in price. At Baltimore manufac-
turers of cotton duck and architectural iron ara
busy with abundance of orders At Cincinnati
machinery is brisk, SURPRISING the trade OF
former years. and retail business brighter. At
though at prices 10 to 15 per cent. lower than
ever before, business in dry goods and hard
ware is good, and in other branches fair. At
Detroit trade is equal to last years, but has no
snap. AT Chicago increase is seen in receipts Of
breadstuffs dressed beef, cheese and butter,
but decrease in provisions, cattle, hides, and
wool. Merchandise sales equal to last years.
Unfavorable weather affects spring trade at
Milwaukee, and seriously hampers trade
at st. Louis, though the feeling is hope
fnl. At MiDnaapo1iS traia ic fbn,I rh fpur
is very dull and at St. Paul business is brisk. at
Omaha very active, and at Kansas City, i'm
proving in retail business. although receipts OF
cattle and hogs are light. improvement is
at Denver and also at Louisville, but Memphis
reports no improvement Montgomery moder-
ate trade, and Savannah some decline AT New
Orleans business is quiet, though there is a bet
ter movement Of cotton and sugar is active.
The iron trade shows a better tone, in spite
Of very low prices. Larger sales OF pig re-
ported since the recent decline and there is
less pressure to SELL Bessemer iron being
steady at $l4.50 at Pittsburgh. Structural iron
is fairly active at better prospects, bar iron is
more active. and there is improved demand for
plates. The stronger market for copper here
and abroad is counted proof that comb-
nation has been formed Tin Is stronger and
lead fairly active at AIS cents. The
coal market is hesitating much affected by
doubt whether the New Jersey bill legaliZiug
the combination will be signed by the governor.
The woolen manufacturers are doing unusually
we'll for the season though very low prices and
sharp foreign competition in some branches
seriously felt. The cheapness of cotton
helps the manufacturer more because the de-
mand fairly sustains the price of goods. But
for the uncertainty how far foreign relations
will affect money and business here, the gen.
eral confidence in the future of trade would
seem to be justified
The business failures occurring throughout
the country during the last seven days, number,
for the United States, 200, and for Canada 81 or
a total of 23l; compared with 24O last
week and 256 the week previous to the last
For the corresponding week of last year
the figures were 25s; representing 22s failures in
the United States. and % in the Dominion of
Canada.