Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-01-21
COMMERCIAL REVIEW.

The General Condition of business
Throughout the Country as Shown by
II. G. Dun & Co.'S Weekly Review-Heavy
Exports of Isreadstufs the Feature
business in the South Still Contracted
by the Low Price of Cotton-Business
Failures, Etc.
NEW YORK. Jan. 16.-R. G.. Dun &
Co. S weekly review of trade says:
The exports in December probably the
largest ever known, and overshadow all other
features in the commercial situation They in
sure large supplies of money if ever needed but
at present the markets are everywhere well
supplied except at southern points, and better
supplied than a week ago. The treasury dis
bursments have been large and there is no rea-
son to expect lack in the supply OF money.
Another fact of large importance is that the
iron output not diminished in December as
is usual owing to the stoppage Of furnaces dur
ing the holidays, but was 1859 tons weekly
against lSS l35 December l. and 167.593 year
ago. The market is fairly active, though the
enormous output gives buyers an advantage,
and Alabama and Virginia iron are offered at
low prices. There is fair inquiry for rails, and
good business in plates. while structural mills
well employed though with comparatively
new orders, Copper is fiat, and In tin there is
little change but lead is weak at 40 cents, and
the market for coal very dull on account of the
extraordinary output. The wool production
last year is estimated 10 considerably larger
tina II that of the year before. but the stocks on
hand are somewhat larger, indicating that the
consumption in 1891 has been about the samo as
in 1890. The market shows no important
changes. Bad weather checks business at Bos-
ton, and dry goods quiet. Wool sales
amount to 3095,O0O pounds and boot and
shoe manufacturers are fairly busy. The trade
in leather is moderate, in hides dull and in lum-
Der the movement is steady. At Hartford wool
Is less active, the grocery trade fair, and trade
in dry goods and hardware quiet At Philadel-
phia no change appears in the important
bran rhao Nf A ola -
breadstuffs for the last six months of 1891
were in value S155, aS9, 1913, a gain of
more than S1O0,O00,0O0 over last
year Pittsburgh reports change in
the iron market, though prices for finished iron
are growing stronger. At Cincinnati tobacco is
in active demand, and free orders are noticed
for boots and shoes. At Cleveland trade is
larger than year ago, though in some lines in
active, and the tide seems to have turned in pig
iron and ore. At Chicago sales of dry goods
clothing and shoes are larger than a year ago.
Some increase is seen in barley; % per cent. in
cattle; third in flour. corn, oats and hides,
while receipts of wheat and dressed beef are
double last years; but decrease appears in cured
meats. lard and cheese and in wool receipts
only half as large a year ago. Trade at ST.
Louis is helped by colder weather and also at
Milwaukee and ST. Paul. at Minneapolis the
flour output is 17S.CO0 barrels for the week,
against 10000 year ago. and at Duluth sales in
1891 amounted to $50, 100000 At Nashville trade
is quiet and money easier, and at Little Rock
ard Montgomery trade is dull, while at
New Orleans cotton shows no improve
ment and sugar is steady, with money
in more active demand. Depres
sion of business at the south account of the
low prices of cotton still continues Cotton
fell to 737 cents during tho week, the lowest
price for 43 years, but has since recovered to
7-56 cents, though receipts and stocks are re-
markably large. The depression at the south is
not relieved by talk at the cotton convention,
and probably cannot be in any way except by
free sales of cotton, which is now held for higher
prices.
The business failures occurring throughout
the coIs=s:ry during the last seven days, number
for the United States, 2S7, and for Canada 43, or
a total of $50; as compared with 4S5 last week
teght days., and 500 the week previous to the
last. For the corresponding week of last year
the figures We're All, representing $50 failures in
the United States, and 81 in the Dominion Of
Canada.