Iuka reporter. (Iuka, Miss.) 1888-1894, 1892-03-17
DUN'S WEEKLY REPORT
ON the CONDITION AND PROS
Poets OF TRADE.


favorable conditions appeared during
the last week. Foreign selling of
American stocks have diminished, the
stock market ceases to invite anybody
to sell by its booming, and sterling
exchange has yielded little. For the
moment gold exporting is less import
ant, though during the week $4,000
600 has been shipped or ordered for
export, and meanwhile merchants ex-
ports continue large for February at
New York s., 100000 greater than last
year.
Domestic trade gradually improves,
even at the south. Supplies of money
are everywhere ample. 1t is still the
fact that tho two dark spots are caused
by over production.
Cotton receipts this week have been
light, but the price is only 7.06 with
moderate sales. Efforts to curtail the
production this year appears to meet
with some success.
The only possible remedy forfthe
troubles in the iron department is to
be applied, according to dispatches, by
the closing of some of the furnaces
in the Mahoning and Shenango valleys
and the Chicago district. Current
prices are called. about the lowest on
record, the southern iron being offered
at Sl5.75 to $17 for No. l, against
$1,000 to $3.50 for northern. A
contract for steel beams at 81 cents is
reported from Boston, and bars show
no improvement, while plates are
quoted at 15c, and a sale of angles to
the New York Central at $155. The
rail combination still waits for the
buyers. The trouble in this industry
is that too great and sudden expansion
was expected. Copper is unchanged;
tin weaker at $3.50 and lead moder-
ately active at $4.15.
The coal market continues uncer-
tain, as the combination is not ready
to act. but general recommendation
of an output of only 100000 tons
in March.
A better situation appears in textile
manufactures, for the cotton mills are
well employed and trade in cotton
goods improves all over the country,
even at the south. In wooden mills
and in sales of wool decided improve
ment is seen. Wool is lower, as
holders grow anxious to sell before a
new clip comes. The spring trade in
dress goods closed in good shape,
while in mems woolens the bright fab
RIGS and colors to meet the taste sell
mi Il =
black cheviots.
In boots and shoes there is much
more activity, though the many buyers
at Boston still act with reserve, and
shipments are as yet per cent behind
last years to date.
AT Philadelphia wholesale trade in
dry goods is satisfactory, but iron is
very low.
AT Baltimore the grain export trade
s the largest ever known.
All kinds of iron and steel are
at Pittsburg, and some
mills have closed, but glass
S fairly active.
Cleveland notes rolled iron active
but weak, while Improvement is seen
IN hardware, groceries and shoes, and
the dry goods trade is good.
The spring jobbing trade is fair at
Cincinnati. Detroit notes fair Job
Ding trade, some lines exceeding last
year.
AT Chicago considerable increase
over last year is seen in general trade,
md the receipts of dressed beef are
four times, of wheat three times, and
md of flour and oats double last years
With an increase of third in rye and
barley, a quarter in corn and some
n cattle and cured meats, but de-
crease in wool, hogs and sheep.
AT Milwaukee wheat receipts are
I, 100000 against 100000 last wear.
'he flour output is $4,000 barrels,
against 1913 900, and the lumber trade
good, with jobbing trade largely be-
yond last years.
A. st. Paul the jobbing trade is so
70 90 per cent greater than year ago,
AT Omaha trade is quiet, and at st.
Louis hindered by impossible country
roads, though the spring outlook is
very encouraging with the rapid move
ment of the corn crop.
Kansas City reports increased sales
over last year; Denver fair trade
and Salt Lake light business with
slow collections.
Trade is improving at Montgomery,
but at New Orleans the Improvement
Is slight, cotton is weak, rice rather
dull, but sugar in good demand.
Speculation has not been at all ar
tive. Wheat has declined half a cent
with small sales. Corn comes for
ward freely, but exports are heavy
and the price half cent higher. Pork
products are shade lower, but oil a
quarter and coffee an eighth higher.
The stock market has relapsed into
great dullness.
The business failures during the
past seven days number for the Uniteu /
States 208; Canada, 80; total, 240, as
compared with 270 last week, 299 the
week previous to last, and 265 for the
corresponding week of last year.
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Burned to Death.
A small boy named John Brantly i
vas burned to death, near Shelby.
A = L.