Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-11-03
THE BUSINESS OUTLOOK.

try Larger than Ever-wheat Lower
than Ever Known In New York-Busi-~
moss Failures. Etc.
New YORK, Oct. 39.-R. G. DUN &
Co. IS weekly review of trade says:
There is a car famine from Pittsburgh to the
Rocky mounsains This single fact shows tbs
best and the worst Of business Tho west is
marketing enormous crops. probably exceed
ing in quantity all official or unofficial esti-
mates, but Europe Is buying but moderately.
the demands OF the east are not greater than
usual, and all the elevators both east and west.
are crammed with grain and all the yards ara,
full of loaded cars. Distribution OF manu-
featured products is larger than it ever has
been, and manufacturers are crowded with
orders while the approach OF the presidential
election does not interfere p.rceptibly with
legitimate trade. Whsat - selling at the low
est price ever known ut NV York Many
years ago, it touched 70 e..ts in one day, but
the quotation is now s5% cents for October de-
livery. Receipts at western points have been
$500 coo bushels in four days. more than g..
09O.G0l bushels in four weeks, while the ex-
ports from Atlantic ports in four DAYS have.
been 800. coo bushels. The price here has de-
clined 16e cents and the splnisn steadily gains
ground that all estimates Of the crop have
been below the truth. Corn has advanced 1se
cents and oats cent. notwithstanding cspec-
cia'ly favorable weather for the farmers in the
states where corn has not yet been gathered.
The belief Is that ths yield Of corn, though
1arger than was recently expected. will not,
quite eQua! the years demands. Oil has de-
eiined three quarter Of a cent while coffee has
risen eighth, hat tbs price of cotton is tho
same as a week ago. after large sales and con-
siderable fluctuations. the receipts being COM
Taratively small. while reports in some south
eru states helped the spectators for an al.
vance.
At Boston. money Is firm and collections sat.
isfactory. trade in dry goods being excellent
and print cloths and some grades OF cotton
goods having advanced. Wooden manufactur-
ers are busy with prices UNCHANGED. and the
shoe manufacturer Is pressed with orders ex-
ten ling beyond the usual SESSION. At Philadel-
rh'a the iron trade improves. but paints and
glass are less active; large orders are motel for
boots and Shoes and trade in liquors and to-
bacco is good. Groceries are very active.
though collections in that branch slow
Trade in dry goods Is larger than usual, the
demand for worsteds being satisfactory
and carpet and knit goods be-
ing fairly we'll employed. Business,
at Baltimore is larger than last year
steel is seen at Pittsburgh but the glass trade
is not in good condition. At Cincinnati whisky
is strong, the demand Increasing and the me-
dunn or lower grades OF tobacco are strong.
General trade Is good ut Cleveland with rolled
iron in active demand, and prices tend upward
with increasing orders. At Indianapolis trade
is unusually good, and at D,troit active With
money in fair demand. The celebration at
Chicago has reduced business in some lines, but
rece pts of corn ha. increased largely. OF wheat
40 per cent. OF flour and cheess 90 per cent. and
OF butter 75 rer cent in comparison with last
year, whiie some increase is in cured
meats sheep and seeds: Int decrease in oats,
rye. barely. dressed beef, cattle and hogs. At
Milwaukee trade is larger than last year and at
8. Paul good. though collections are only fair.
At Minneapolis wheat receipts are 2Go0OM
bushels, ana the lumbar TRADE is excellent.
Business at st. Louis is strong, except In win.
ter clothing and wooden goods, grain receipts
being remarkably large; and at Kansa
CITY receipts of cattle and hogs heavy
though the car blocka&e checks transactions
there RS at other western points. At Omaha
trade Is heavy in groceries, dry goods and
hardware, and at Dsnver good in all lines. At
Little Rock the outlook is gloomy, ~but at
Louisville trade is sstisfactsry, and steady at
Memphis though below the normal average.
Business is fair at Nashville. but somewhat
quiet at New Orleans. owing to labor troubles.
Though it is not the season fer especial activ-
itv in boots and shoes, it is stated that
not for years has thers been such
demand. Manufactures of women'e
shoes are especially driven 10 their utmost ca
racity. Shipments for the wesk havs been 20,
ono cases against 6s6o0 las. year. The demand
have risen cent and book paper from a quar-
ter to half a cent. with prospect OF further ad-
vance on account Of the scarcity of foreign
rags. Textile manufacturers are busy as usual
with no indication of aecrea,e in demand, print
cloths and some grades Of setton goods having
advanced. Structural iron 10 in great demand,
and sheets are very active ~ wsll plates, but
bar is moderately active ana rails remarkably
dull Stocks of pie frsn are shrinking and
prices frmer. southern producers finding less
occasion to crowd down tbs markst in orJsr to
dispose of their products Copper is moro
steady at ia cents, and tin unchanged. while
in coal heavy cutting Of prizes is reported and
no change in the schedule has been made by
the agents, though scarcity OF cars limits the
delivery OF the bituminous coal Exports of
domestic products continue much below last
years IN value. as Is natural. the decrease
at New York for four weeks being
about 20 per cent Imports continue re.
Inarkably large. and treasury receipts
GOO and OF silver 81 so0O ON while S. 100000 more
paper was put out. TIE stock market has been
strong siace the news Of ths purchase Of the
Boston & Maine aaA New England by the
Reading. but speculation Is still unsupported
by any public demand Until after the presi.
dental election no great activity Is to be ex-
pected.
The business failures occurring throughout
the country during the last seven DAYS number,
for the United States. 1877 and for Canada 20: or
total OF 1877. ax compared with s55 for
the corresponding week Of iAst year.
Canadian Ba.ine ss Outlook. eSe
New YORK. Oct. s0..-Advices to Brad.
streets from Canada say:
The movement e grain NJ and through Mon.
treal is quite brisk. notably wheat and oats
The trade in dry goods. groceries, hardware
and hog products there IL also active. Farmers
throusbout the provires - Quebec are greatly
favored by mid weether General trade has
been Quiet ana at Toroste tbs mild weather Is
greatly checking ssles Of seasonable dry goods
and fure. Low prices fer wheat and scarcity
OF cars deprees that CEREAL
Cnrs Getting scarce n south Dakota.
HURON. S. d., Oct 9S.-Another wheat
blockade and car famine exists in South
Dakota The railroads operating in the
state are are serely pressed for cars
and unable to supply more than one.
tenth of the number desired. All
warehouses and elevators are full and
some buyers have suspended business
because no storage capacity or ship
ping facilities eau be secured On the
Dakota Central division of the Chicago
& Northwestern the daily receipts of
wheat average over 100000 bushels.
Other roads report CORRESPONDENCE
heavy receipts
A Very Wise Policy IT Persisted In bv
England.
LONDON, Oct. 29.-It is announced
on excellent authority that there 10 No