The free press. (Poplarville, Miss.) 1890-19??, 1892-01-07
TOPICS OF TRADE.
r eview of the Weeks Business BY
r. G.. Dun & Co.


Business failures occurring through
out the country during the last six
days, reported to r. q. Dun g. Co.,
number for the United States 257,
Canada So, total of 292, as compared
with total of 335 last week and $50
the week previous to last. For the
corresponding week of last year, the
figures were 1888, representing 3O3
failures in the United States and 80 III
d g Dominion of Canada.
The holiday trade is not always
Just measure of the prosperity or the
people, but it is satisfactory to know
that at most points it is unusually
large this year. 1t indicates that the
people feel able TO expend more libe-
rally than usual, and it returns large
outlays to the manufacturers OF holl-
day goods. The general trade this
season is unusually light, the mer-
chants being engaged in taking stock,
but at many points it is reported
larger than usual, and even larger than
last year.
The volume of trade measured BY
the clearings at the various cities, ont
side OF New Yof'k, was six per 22nS
more than last year for the trst nair
of December, and later reports sntW
an increase of about nine per cent.
The movement Of products contin
ues extraordinary.
Reports from other cities show less
complaint as to collections, and
! large trade in progress. At Baltimore
trade in clothing. dry goods, and boots
and shoes is good for the season. AT
Philadelphia, the jewelry trade is
unusually busy, the grocery trade
light, but equal to last years. Trade
in tea. coffee and sugar fairly active,
and in chemicals quiet and steady;
while tobacco, liquors and wool are
quiet.
Southern cities report less cheerfully
than the others, the low price ofecot-
ton causing the dullness. The great
industries close the year with raorc
than the usual activity, even wo,ien
mills having orders enough to Keep
them fairly employed, and a number
have recently started, but none smut
down. Cotton manufacturers fin9 q
good demand and numerous enlarge
ments of plants are reported. ShVe
factories complain that the usua
orders are lacking, and yet they are
fairly active. Paper mills aye .buss
and making many additions Of ma
chinery and buildings.
Iron manufacturers have been turn.
ing out more pig than ever before,
though some works stop for the holi'
days, and the tone of the market is
stronger with rather more demand fol
finished products.
Speculation continues moderate,
wheat having risen IA cents, with
sales of 100000 bushels, corn hav'
ing declined cent, and oats at frac'
ton. Coffee, unchanged, oil 1-2 cent
higher, and pork unchanged.
Cotton has dropped sixteenth be-
low 8 cents, with receipts from the
plantations exceeding last years to
date by $50, 900 bales. The very large
output of coal leads operators to ex-
pect lower prices.
The stock market has been stronger,
with an advance of $1.25 for the
week. New railroads built in 1891
cover 4,15S miles. making III 900 in
operation. Exports continue enor-
nous for the three weeks of Decem-
Der from New York, exceeding last
year 35 per cent, ana remittances
abroad having ceased, foreign ex-
change heavy and declines to 4.S3 Sd.
The treasury has paid out 81 100000
more money than it has taken in dur
ing the week, although receipts of in
ternal revenue are la~ge for the month
more than s., ,200,0
Money is plenty and cheap, and
there is a general feeling that the fav-
orable conditions will continue for
some months.
THE SNOW BLOCKADE.