Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-07-21
THE BUSINESS OUTLOOK.

Trade Generally I'm Fairly Encouraging
Condition Throughout the Country, Ac-
cOrding to Il. G. Dun Co.'S Weekly
Review-The Crop Report More Favora-
bic than Expected-Monev In Good sup
plv for All Current Needs - Business
Failures, Etc.
NEW YORK. July 16.-R. G. Dun &.
Co. weekly review of trade SAYS:
In all directions the business outlook is
fairly encouraging. The crop report is much
more favorabl. than was expected. The great
labor controversies do not affect business I'M.
favorably but help it for the present and there
is now small prospects Of any legislation oy
congress that is expected to disturb business in
any department Crop reports promise re-
suits not equal to last years, which would be-
disastrous, but beyond expectations. With
the decrease Of only per cent. the wheat
yield would be far beyond the quantity con-
sumed and exported in any year except the
last and nearly equal to last years consump-
ton and exports. The price drHpped below
81 cants but has since been stronger. Western
receipts are 500 900 bushels in three days. and
exports 1900 IN the same time: but the guam
fity carried over from last year is about 5o0OO,-
coo bushels. Corn acreage shows . decrease OF
a. per cent. and in condition liz per cent.
but sinc., July l. copious rains have greatly
improved the prospect, and the price. mas
dropped 37-S cents during the week. Oats
have also declined 2 cents. while hog products
are stronger. pork Is per cent. above. and
coffee aud oil unchanged The cotton report
shows condition only per cont. below last
year. and on any estimate of acreag, tn, yield,
with the surplus still in sight, will meet all the
demands Prices for the past week have not
changed, though sales have be IN 6lSOO0 bales
Boston reports good trade. with boots and
shoes particularly active. and many demands
for quick delivery. Leather is firm and higher
and factories are busy. Trade in dry goods is
increasing with numerous western orders. and
manufacturers are operating freely In wool,
sales being $4,000 pounds. At Philadelphia
there more inquiries for manufactured iron.
Wool is firm. with manufacturers anticipating
a heavy output Of goods. At Baltimore ex-
ports of cattle are large AMI manufacturers
make favotable reports. the packers especially
realizing large profits. Window glass is fairly
active at Pittsburgh. but the iron mills gem
orally are closed. Some improvem mt Is seen
in groceries at Cincinnati, and at Cleveland dry
goods, hardware. groceries, clothing and
cloaks active and trade is fair in other
lines Business is good for the season at De-
troit with crop prospects favorable. AT Chi
cago business is larger than a year ago in dry
goods, as large in clothing AMI shoes. and col
lections better. while crop pros
poets excellent. and business in
creasing. Decided improvement is seen
at Milwaukee. and trade is good. with
fine crop prospects at St Paul. AT Omaha in
all lines trade is larger than a year ago. Busi-
ness is strong at St Louis. At Kansas City,
receipts of cattle and grain are good, and trade
Is SATISFACTORY Tor the season Unere anu NJ Ism
yer. At Louisville trade is fairly satisfactory,
but not much improved at Memphis. quiet al
Montgomery, and at Atlanta, good. consid err
ing the unfavorable weather, which has done
some damage to crops At Savannah trade
holds on we'll and money is easy. AT New Or
leans business is seasonably quiet. and better
than last year. with some Improvement in the
demand for money. The output OF pig iron
July l. was 169. Isl tons weekly, against 1.l,llS
year ago. and the stoppagc of many works
has lace rfYlfin still 60 a
reported stocks unsold largely increased in
June. exceeding 1,000,OOO tons. Pig iron has
been weak ut the recent reduction in prices
The closing OF many mills has greatly in
creased the immediate demand for finished
products. and prices are stronger. though con-
tracts for future delivery are at old prices, and
for beams the lowest ever quoted. Copper "
weak at lila cents. tin lower by three fourth
cent speculative liquidation, and lead
4.15 cents Wool is quite active with prices
unchanged manufacturers buying freely,
the sales for the year at Boston. Phia-
delphia and New York, being Ia. 900. 900 pounds
against l34 600 600 last year. Business is active
in dry goods for the season, clothiers being
forced to pay advances on fall goods. while nc
change in prices but active trade is seen In
spring goods Cottons strong. low grade
brown and bleached goods being scarce and
higher. and print cloths 3as cents for sixty
tours. Boot and shoe shipments from the east
continue much beyond last ye,rs. Money mar
kets are abundantly supplied. though the treas.
ury has taken in much more than it has paid
out. Banks have been refusing certificates to
gold exporters, and redemption of notes has
drawn coin from the treasury, which neverthe-
less holds much gold a week ago. The
stock market has been inactive. with scarcely
any changes IN prices for the week.
The business failures occurring throughout
the country during the last seven days. number
for the United States. 16S. and for Canada -. OF
total Of 100: compared with 176 last
week and 1877 the week previous to the last
and 247 for the corresponding week Of last year