Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-06-09
COMMERCIAL REVIEW.

The Condition of Trade Throughout tho
Country Shown by X. G. Dun & Cos
Weekly Review-There Is Some Improve
ment Generally Owing to Better Weather
But the Cold and Wet TINE in the
West Interferes with Business, Particu-
larly in the Inundated Districts-Fai-
ures, Etc.
NEW YORK, June 4.-R. G. Dun S
Co. S weekly review of trade says:
The tone of commercial reports from various
parts of the country indicates that business has
to some extent improved More favorable
weather has materially improved the crop
prospects at the west, while httie
improvement in the price of cotton has
operated as a stimulus to business at the
south. There has been no difficulty or
disturbance in the money market and the
volume Of currency in circulation increased
during the month of May about SS.hO0n,
amounting to 81. 621. CO., 600 June l. Collections
throughout the country are. on tia whole. bet
ter than of late and fully satisfactory. Wheat
has declined half cent. tn, western receipts
being saally large. though the exports from
the eastern ports have also been quite large
Oats n shade lower. pork products I'M
changed, and oil little lower. In cotton the be-
lief that the acreage will be much diminished
has helped spectators to advance thu price
quarter of a cent and the transactions have
been moderately large. The iroa business
shows considerable increase in transactions,
though there is as much complaint as ever OF
low prices. Both at Pittsburgh and Philadel-
phia pig iron is weaker, and there are doubts
whether the bottom has been reached. though
at Chicago, the market is considerably stronger,
and authorities hold that the stocks of pig iron
ia the country now considerably lower than
they have been. The market for bars is weak
at the lowest figures ever known. and the new
demand for structural iron is not quite as large
as has been expected. The market for copper
has been quiet, and the bulls have controlled
the price of tin. but lead has been sluggish.
Quiet prevails in the anthracite coal market,
the companies having decided upon another
advance in prices which the condition OF the
market does not appear to warrant. There is
little new in the wool market or in wooden
manufacture, though such supplies of new wool
as have come forward thus far ara readily
taken, and the tone is somewhat firmer.
At Boston business is more active, boots and
shoes decidedly stronger. and leather very
firm. At Philadelphia there is increase in
sales of iron. and hardware is quite active.
Wool is strong Trade at Baltimorei IS generally
good. At Pittsburgh finished products of iron
and steel are in good demand, though prices ara
the lowest ever known. and the glass trade is
fairly active. The dry goods trade at Cleve-
land is excellent, and other trades fairly active
except in iron and ore. AT Cincinnati tobacco
sales are unusually large and whisky is active
General business at Chicago is greatly in ex-
cess of last years record. There is great in
crease in wheat and -four. cured meats
dressed beef, lard and cattle. Cold rains still
depress trade at Milwaukee, but crop indica-
lions at St Paul are more favorable. At Omaha
business is very active in groceries, shoes and
hardware, and much improved in dry goods,
while receipts of grain and cattle are increased.
AT st. Louis the great food engrosses atten-
ton and interferes with trade. But at Kansas
City business seems healthy, though the
weather interferes with receipts of grain AMI
cattle. Business is very good at Denver
but still retarded by bad weather at
Little Rock and Memphis: improved a
little at Nashville, but very dull at Savannah.
Cotton Strengthens at New Orleans. and uhera
is a better feeling in business generally. while
sugar is in fair demand and rice steady. Specu
lation in stocks during the past week has been
only fairly active, in part because selling of
securities on foreign account was discovered or
reported and the movement of gold to Europe
has been resumed About a million has been
engaged for shipment thus far, but the supply
of money abroad is abundant, and the de-
mand in foreign countries moderate, that it
seems somewhat improbable that the drain
from this country will be large at any time this
season.
The business failures occurring throughout
the country during the last seven days, number,
for the United States. 175 and for Canada 49, or
total of 207; compared with 1913 last
week and 1872 the week previous to the last.
and ga for the corresponding week Of last year.