Iron County register., 1892-10-13
COMMERCIAL REVIEW.

COMMERCIAL REVIEW.
Tho Business Outlook Throughout the
Country as Shown by r.. G. Dun T. Co.'S
Weekly Revtew-Activity Noticeable In
All Branches of Trade and the Money
Markets Generally Well suppled-Busi-
ness Failures for the Week. Etc.
New YORK, Oct. s.-R G. DUN g.
Co. S weekly review of trade says:
The first week Of October shows more activ-
ity in spite of the near approach Of the presi-
Dental election. Business Is distinctly better .
at the south on account OF the improvement in
the prize OF cotton; more active at the west
with improved crop prospects. and only
slightly retarded at the east. The moderate
increase in the demand for money at New
York. which preceded to the October settle-
ments. has passed without any embarrassment
and the rate for money call has declined
from Sig to 41e per cent while at all other cities
the money markets are reported abundantly
treme low price Of cotton helps business at the
south. and although wheat is low in price. It IL
a little higher than 1t was . wsek ago. In gem
eral, speculation has disturbed legitimate trade
much less during the past quarter than is
usual at tbs season, although the transac-
tions in cotton have been exceedingly heavy.
Trade at Boston is somewhat narrower as the
election approaches, but dry goods are quite
active both at Wholesale and retail; cotton
goods are decidedly firm. and tend to advance
markably good. and wool steady In
price with holders confident. At Phil
adelpbia trade in jewelry and paints is
satisfactory, in liquors and tobacco good, ana
steady in chemicals, while business in groceries
Is fully equal to last years. Business 10
brighter at Baltimore and the packing trade
opens with great promise while building trans
actions are heavy. At Pittsburgh manufac-
tured iron is quite active and in large demand
at WELL supported prices. while in glass It Is
fair, but strike of coal miners embarrasses
the MononRahela trade. At Cincinnati trade
in groceries is good and in the month of Sep
tember about so per cent greater than last
year, while other trade is active and money
growing somewhat stiff. At Indianapolis there
is a boom in manufacturing and railroads find
It exceedingly difficult to handle all the tonnage
offered. At Detroit manufacturing ia decid.
edly active and works are employed fall time.
Chicago reports a large trade in merchandise
and good collections with bank clearings IA per
cent. larger than year ago, and decided in.
crease in real estate and lumber transactions.
Receipts Of cattle, hogs and sheep are slightly
larger than year ago, but receipts OF
-four. barley, cheese. hides and dressed beef
are double last years. OF wheat three times,
and broomcorn four times last years: decrease
being noted only in seeds. lard. wool and rye.
At ST. Paul trade is materially greater than q
year ago and at Minneapolis very good timber
Ue1DG unusually aCLlVe ana the output Oh HOuT
200 600 barrels against 194. coo last year. Busi-
ness at st. Louis is more active than usual and
collections prompt: at Kansas City trade is
steady, receipts heavy and collections fairly
satisfactory. At Omaha business is good, par
ticularly in groceries, and at Denver business
is improving. Nearly all southern cities re.
port better trade. though at Little Rock pros
poets are not considered encouraging.
Business at Louisville is improving with
large sales of tobacco; at Nashville
trade is fair and at Memphis improving,
and decided improvement is noted at
New Orleans with better prices of cotton and
very good collections. The iron industry is do
ing we'll Notwithstanding the resumption
of work by many establishments which were
idle a long time on account Of the strikes. the
consumption of pig iron apparently exceeds
the production, and the demand gives a de-
cidedly sitter tone to the market. Bar iron IL
still disappointing, and rails very dull, but the
demand for structural iron keeps the works
busy and plates are surprisingly active While
the output of pig iron is not as large as it was
q few months ago. the consumption IS
probably larger, and the trade is in q
more healthy condition. Large sales of copper
are also reported at lie per cent. and the con-
sumption is very great. Tin Is stronger by
speculation at London without any discovers
BILE reason. Lead is slightly weaker at 4.O5
cents. and the market for tin plates contin-
ues somewhat unsettled. Perhaps the textile
industries were never more prosperous than
they are now, for while prices remarkably
low the demand Is large and urgent aud the
works are crowded with orders. There are
signs OF improvement in prices Of cotton goods,
and sales OF wool continue heavy. Rubber
goods works are busy, shipments of
boots and shoes from Boston last
week were 1900 against 74.OOO for
the same week last year. and the receipts
of cattle at Chicago last week were 9OOOO
against g, 600 last year. 1t is not a satisfactory
symptom that the speculation in cotton is
enormous, sales at this city amounting to
.239. .0O bales last week. with an advance of y
a cent in the price. Yet exports of cotton are
not large, and OF all domestic products tho
value exported last week was only s., ,4s3 542.
against So, s6S $50 for the same week last year.
Considering the great increase in i'm ports of
merchandise, the state of foreign trade is
hardly encouraging While the imports are in
part of materials for manufacture.
crease in imports Of dutiable articles The
treasury continues to accumulate gold having
added to it's stock Sl50O.0O0 during the past
week and $780, eco silver; but 1t has put into cir
kinds. Although the circulation of money de-
creased in September, there is no indication as
yet that the money markets in any part of the
country insuficiently supplied.
The business failures occurring throughout
the country during the last seven DAYS number.
for the United States. 1874. and for Canada SO; or
a total Of 220, compared with 200 last
week. and 211 for the week previous to the last
and 270 for the corresponding week of last year.
Bradstreet's Advices from Canada.
New YORK, Oct. S.-Advices to Brad
streets from Canada say:
In the province of Quebec leading varieties OF
farm produce are in only moderate demand,
but in spite of this mercantile collections are
fairly prompt. Toronto advices are that the
distribution of staples has improved some.
what, but even there the demand for farm
products is not active, wheat bringing about 65
cents.
The Murderous Moonshiners Must be Ar.
rested.
WASHINGTON, Oct. S.-Actinp Com
missioner Wilson, of the internal rev.
enue bureau, received n telegram yes
terday from Collector Num-, at Nash
vile. Tenn, informing him of the kill
ing of Deputy Collector Mather and
the mortal wounding of Deputy Col
lectors Carwell and Spurrier. during a
raid on moonshiners near Flintviile.
Lincoln county. Tenn.