Iuka reporter. (Iuka, Miss.) 1888-1894, 1892-04-28
DUN'S WEEKLY REPORT
ON THE CONDITION AND PROS
Poets OF TRADE.

r. G. Dun & Co.'s weekly review
of trade says: During all this year
business news has been curiously sec
tional. Western cities are gaining
almost without exception, doing the
largest business ever known, and in
clined to resent the suggestion that it
in any degree is below the exceptions.
The south all the year has been strug-
Cling with unfavorable conditions,
doing less business than year ago
and looking in vain for material
change.
The east has been doing large
business, rather less than year ago,
on the whole, but is less than many
traders expected to do this year.
This, with very thin profits, makes
the season disappointing to many.
These conditions continue and are re-
Elected in the returns this week, yet
the volume of trade in the whole
country has been larger than in any
previous year.
The iron trade illustrates the situa-
ton. The output of the furnaces in
April was 1855, 462 tons, against 1884,
902 for March, and Is, 4S3 year ago.
when the great strike was in progress.
A reduction in the output of pig
iron is clearly necessary, since the
consumption has been 10000 tons
weekly below the output.
Unsold stocks, as officially reported,
were 1896 tons greater April
than January 1, yet when this increase
is deducted from the production,
which has been 100000 tons in the
quarter, the remaining consumption
appears to be greater than in the same
quarter of any previous year,
A better demand is seen for pig and
plates at the east and also at Chicago,
and the pipe business is reviving at
Pittsburg.
Coal is unchanged and dull. Copper
is awaiting an expectant combination
of foreign producers; tin is specula-
latively strong and lead is very firm.
Wool sales are large for the season,
and since January have been 5 per
cent greater than last year, the demand
for goods having somewhat improved,
anu ioi hHit SoOos Iut bC-SCA
than was recently expected.
Baltimore notes the improved ex-
ports of breadstuffs and fairly active
trade in canned goods, with stocks not
large and the completion of q new tin
plate plant TO turn 1870 boxes weekly.
The business at Little Rock is de-
pressed; at Nashville and Memphis,
dull; somewhat improved at Mont
gomery, bat rather fiat at New Orleans
and slaekening at Savannah.
Speculative markets haze been more
active, wheat filing 1-2 cents with
sales of "a, 100000 bushels here, and
corn l cent. Oats are slightly higher.
The western receipts of wheat continue
at the rate of $500, 900 bushels weekly.
Western receipts of corn have been
800, 900 bushels in three days, and ex-
ports 100000.
Cotton exports have started up
again, exceeding last years, and the
price has advanced 38 during the
week, with enormous speculative
transactions, with no less than $780,
900 bales in New York.
No change is seen in pork products.
Coffee is IA weaker and oil cent
stronger. Speculation in exports has
not been particularly active or strong.
but q constant demand for GOOD
dividend-payers sustains the list
The financial situation is remarka-
bly, free from unfavorable signs Col
lections in nearly all parts of the
country are better than usual, though
the delay is seen at some points in the
south, and the money markets are
everywhere amply supplied. Nor is
there any reason to apprehend any
disturbance on account of foreign
trade. The exports this month thus
far have been cute equal to last years,
| and the exports of the principal
! products in March exceeded last
years by 81 500, 900, or IA per cent.
The imports were large also, but
the month probably showed little ex-
cess either way.
The treasury has been making
heavy payments during this month
and has materially reduced its bal
ance, but will doubtless strengthen it
during the rest of the year as there
seems no probability of any CONNER
cial pressure. The business failures
occurring throughout the country
during the last week number, for the
United States, 19l; Canada, S5; total
of 226.
Strike Endad