Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-03-17
The couNTRY.s TRADE.

The Business Outlook Throughout the
| Country as Reflected by II. G.. Dun
Co.'S Weekly Review - Distribution Oh
Products and General Business Improv-
ing. Though Somewhat Impeded by the
Recent Storm-Business Failures, Etc.
NEW YORK. March 12.-R. G. DUN "
Co.'S weekly review of trade says;
Distribution of products is unquestionabiy
| improving. Transactions are, on the whole,
| larger than year ago. in spite Of depression at
| the south, being very much larger at the west
Nor Is Improvement confined to that section'
| though general there it is also more distinctly
felt in eastern cities, and there are not wanting
signs that trade at the south, though still much
embarrassed by the low price OF cotton, Is
steadily gaining. With all the great industries
active; with money abundant in spite or goio
exports, and with speculation kept in whole
| some check, the outlook would seem to be I'M
usually favorable, Notwithstanding general
complaints that prices are low and margins or
profit unusually small
The weekly output OF iron shows n large in
crease. so that March it was the largest ever
known. la292 tons, against 18S, l35 last Decem-
Der, hitherto the Aaximum. The leading
Lehigh producer has reduced the price
81 per ton this week, making the low
est quotations on record. Southern com
panies are trying to consolidate. and meanwhile
No. l Birmingham is offered deliverable at Troy
for $3.50. Rails inactive, bar is dull ana
plates weaker. In copper there Is an effort 20
consolidate or combine producers, as yet with
uncertain results. Trade in tin has been small
and lead is dull.
The textile industries are improving. On the
whole more machinery is busy thin a year
ago. especially in cheviots, overcoatings ana
cloakings, and the dress goods trade has sue
cessfully closed a big season. In knit goods
buyers hesitate. The trade in cotton goods is
largely in excess of last year, sales in February
showing big increase in every department.
Business the past week has been better at
n ~l.~ Y an1
sales were 32ll COO pounos against 2, I'll 800 last
year. At Philadelphia. while iron is demon
allied and the market for wool in buyers
favor liberal orders appear for dry goods. and
the trade except with the south, is the best for
many years. Pittsburgh finds the volume OF
trade in iron smaller. and some further talk
of closing furnaces. but the glass
trade is fair. The grocery trade
at Cincinnati is good, and saddlery and harness
active. Good trade is noted at Cleveland in dry
goods, hardware, boots and crockery, and the
jobbing trade exceeding last years at Detroit
Chicago reports liberal increase in sales OF mer-
chandise, exceeding last years thus far; and
receipts of products show gains of third III
cattle half in corn and rye, double last years
in flour and barley, three times in wheat, and
four times in dressed beef, while decrease of
third is seen in cured meats, hogs and wool.
Money is plenty for legitimate trade.
Throughout the northwest the storm has I'M
settled trade, though everywhere prospects are
considered bright, and at Milwaukee and st.
Paul trade much exceeds last years, while at
Omaha considerable increase is seen. At Kan
sas City cattle receipts 10000 head above
last years, and at St. Louis prospects are con-
sidered good for a lvrge increase of trade.
Louisville reports the largest sales of tobacco
in the history of the trade and general improve
ment. while business is fair but improving
at Nashville and Memphis, and some improve
ment is at New Orleans. where sugar is
rising with an active demand and better feel
ing is seen in cotton.
Speculation in products is weak, wheat being
2aa cents lower and corn one quarter exports
falling much below those of recent weeks.
Oats and pork products unchanged oil
three -eighths higher, but coffee threeeights
lower. A drop of an eighth in cotton puts the
price down to $685. the lowest for more than
forty years, and receipts continue to exceed last
years, though this week s exports fall behind.
All exports from New York show decrease
for the month thus far of about per cent.
The outgo of gold does not entirely cease,
though sterling exchange has declined to 4S7ia,
for it is understood that Austrian preparations
permit small premium to be paid.
The stock market has been unimportant, at
times noisily advancing in some stocks, but
quickly losing activity. Though money is
abundant, rates call have slightly advanced,
and the market for commercial loans is little
sitter at most eastern cities.
The business failures occurring throughout
the country during the last seven days, number,
for the United States 233. and for Canada 20, or
a total of 256; al compared with 240 last
week and 270 the week previous to the last.
For the corresponding week of last year
the figures were 273.