Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-12-01
THE BUSINESS OUTLOOK.

Condition of the Commercial and None
tnry Interests of the Country as shown
by X. G. Dun & Co.'S Weekly Review
The Volume o. Trade Greater than Any
Previous Year at This Season-The A d.
vance in Cotton Making Business Better
at the SOuth-Business Failure, Etc.
NEW YORK, Nov. 27.-R. G. DUN &
Co. s weekly review of trade says:
The announcement of gold that will be ex-
ported to-day, though not in large amounts
has not necessarily as much meaning as many
suppose Foreign exchange does not yet
Justify exports. aud movements not warranted
by the state OF exchange may be due to tom
porary and trifiing influences. But larger net
exports of gold in November have been known
but once in thirteen years, and they are likely
to affect speculative markets The underlying
cause is the excessive production of cotton and
wheat last year which overilled the worlds
markets, and thus caused the low prices here
this year and small shipments of cotton. Ap.
prehension about American finances has also
affected uropean purchases OF stocks; but
monetary needs abroad. resulting in part from
Russian demands. seem to be the immediate
cause of the call upon this market largo
outgo of gold at this season might be import
ant. but there appears at present no reason to
anticipate a large export. The condition OF
business throughout the country appears ex-
cellent with the volume OF trade greater than
in any previous year.
sidered excellent and money is easy at lower
rates. Merchandise is fairly active snd though
wool goo1s are quiet the mills are we'll en-
ployed. whils sales OF cotton very largo
with an advance and groceries in salts
factory demand At Philadelphia trade in gen.
eral is fairly active. especially in hardware and
in electrical supplies and plants: money is
easier from lack Of demand and is expected to
be easier than usual for the coming
mouth. At Baltimore slight increase is seen
80 III \ l.
money is ample. and the caution shown in
southern dealings has been justified by excel
lent collections this season. At Cincinnati ci
gar manufacturing does well, exceeding last
years trade Is per cent. and jobbers are doing
a satisfactory business with good prospects.
Trade is good at Cleveland. though not changed
in iron. and dry goods are dull. Money is close.
with active demand. At De troit trade Is fully
equal to that OF last year, aud monsy is in
strong demand. but iron is lower The vol
ume OF trade at Chicago is fair and collec-
tons are good with money in strong demand,
currency being wanted for the southwest Re.
ceipts of cheese and broomcorn are more than
double last years; OF butter 80 per
cent larger with slight increase in -four. bar
ley, cattle and sheep. while in hides and oats
the decrease is 10 per cent. In corn. dressed
beef and wool % per cent: in eggs, larl and
rye 80 FER cent. and in wheat and seeds GO per
cent. Smaller receipts are due in part to the
phenomenal stock on hand. those OF wheat and
y
Milwaukee is stimulated in ali lines with
gratifying results. and money is in good de-
mand. At Minneapolis and st. Paul there Is
good trade. with collections improving. though
still somewhat backward. The Miupearolis
flour output is 49,. COZ barrels against 100 0D0
last year. and the lumber market is strong. the
cut being 500, go feet, the Iarges. on re-
ord. Trade In D n,aha is Very active. with
collections good and money easy At Denver
trade is good with fair collections and at Salt
Lake City better than year ago. with good
prospects. At Kansas City live stock receipts
are heavy, but grain receipts light. and at St.
Louis retail trade is improved by moro favora
BILE weather. Business at Me mphis has slightly
improved, and also at Little Rock. though crcr
receipts are not encouraging: while trade is i'm
proving at New ORLEANS with money much
easier and cotton and sugar very active.
In speculative markets cotton has absorbed
interest because of enormous transactions
amounting to about 100000 bales or nearly
the entire crop, in the broken and uneventful
week
Low crop estimates now prevail at the south
on the 81 ound that frost has done much dam
age. Wheat Is comparatively inactive with
three eightns Of a cent decline, and corn and
oats are unchanged with small transactions.
Pork products are higher. Coffee also is
stronger by half cent. The condition of the
great industries is decidedly favorable
Perhaps the boot and shoe manufacturer
fares best Of all at the moment 1t has been a
pHeDonendl autumn IN women HSnt GOO1S.
Wooden mills are still busy and sales Of wool
greater than year ago The cotton industry
is thriving everywhere. In iron the market
remains firm. Money has been steady at per
cent. the treasury having added slightly to tho
circulation by issuing S5OO00O more notes. Elk
ports here for three weeks were Il per cent.
below last years aud imports are much larger.
Stocks have been weaker. but there is no sign
Of special disturbance.
The business failures occurring throughout
the country during the last seven DAYS number,
for the United States IS0. and for Canada 20;
or a total Of 200 as compared with 240 last week.
22l the week previous to the last. and .95 for
the corresponding week of last year.