Iuka reporter. (Iuka, Miss.) 1888-1894, 1892-03-31
DUN'S WEEKLY REPORT
ON THE CONDITION AND PROS
PeSTs OF TRADE.

u'iiieoS iaiiuIes occurring through
out the country during last week as
reported TO II. G. Dun Il Co., number
for the United States 208, Canada 80,
total 240, against 256 last week.
storms, bad weather and bad roads
have much retarded trade during the
past week, reducing the movement of
grain and curtailing the retail trade in
many cities, but nevertheless the re-
ports indicate on the whole an i'm.
provement in the distribution of goods
and fairly sustained demand in some
branches, increasing for manufactured
products.
There is no trouble anywhere
about money, even at the south, the
markets being fairly supplied with
light, but rather better demand, while
the most active are still met bv
an ample supply. Rates on call here
have remained unchanged at l-2 per
cent. Sterling exchange has been un.
altered, and at S4.S7 1,2 is below
exporting point, and while the i'm
ports OF merchandise show large
increase over last year-for half of
March l0.4 per cent-there also APP
pears an Increase in domestic exports
for the two weeks of March of about
per cent.
Vast supplies of some great staples
have produced phenomenally low
prices during the past week, particu-
larly 3-4c for cotton, Csc for wheat,
46c for corn, SIG Tor No. anthracite
IRON and CSC for Ohio xxx wool.
These prices caused no little disheart-
eminent in some branches of trade,
although the movement Of products
continues active.
reports from interior cities are gen.
orally more encouraging. At Phila-
delphla an excellent distribution of
dry goods is seen, the movement of
dress goods being rapid, though the
retail trade is backward. Moderate
Improvement is seen in the wool trade,
In upholstered goods the trade is busy,
and in knit goods it is greater than
last year; while in cotton the trade
is good in few specialties, but gem
orally dull.
Grocery trade is fair, sugars being
active because of the reports that the
refineries have been purchased bv a
trust.
La JeWelry, paints, oil and liquors
no change is seen. Tobacco and chemi.
Gals are quiet and the trade in glass is
moderate, but in the plate glass fair.
In the great manufactures there is
general activity, especially in cotton,
though print cloths and prints move
less rapidly, but the demand for cx-
port goods is larger. In woolens the
makers of overcoatings and cloakings
are happy and the movement of dress
goods is unusually fair for the season;
while stronger demand is set for
higher worsteds.
In knit goods, the market fayors
buyers; but carpets are steady.
The sales of pig iron at low figures
continue, some makers even contract
ing for such prices for the whole of
this year. Bessemer iron at Pittsburg
has sold at $3.50, for No. l Alabama
$50 at Philadelphia, and No. l North
ern at SIG at New York. The de.
mand for bar iron is dull, but for
plates little better, though the prices
are demoralized. The market for COP.
per seems to indicate some agreement,
and is stronger; but coal is dull.
The treasury has been putting out
81, 100000 more money than it has
received in March, but some move.
ment from New York to the interior
is seen.
The stock market has not been such
as to encourage much foreign selling.
but shows no such weakness as the
past shipments Of securities from
abroad might naturally have caused.
The railroads are doing heavy
business, the earnings in February
and in March thus far exceeding last
years by Ii to IA per cent.
Speculation in industrial stocks has
been stimulated by the Alabama COM
blnatlon, reported purchase Of sugar
refineries, the rumors of a cotton
alliance, and the legal proceedings
against the coal combination in Penn.
sylyania.
Fasting and Sleeping.