Iuka reporter. (Iuka, Miss.) 1888-1894, 1892-02-25
FEWER FAILURES.
Furious speculat Pes In Stocks
and the FIee6y Staples.

. p"oAhSeo laiiuTcs occurring
throughout the country during the
past week, as reported to r. G. Dun
" Co., number for the United States.
1856; Canada, Al. Total 276, against
500 last week.
Silver and cotton have declined vet
further, the latter TO SIG cents. the
lowest price for many years, and sill
yer bullion to AL pence at London, the
lowest price ever recorded, though
there followed slight recovery to
al Ia.
The cotton receipts and exports have
been much larger than year AGO, but
the stocks on hand decrease but slowly.
aud are very large ard speculative,
sales for the week nave been 932 900
bales.
Wheat has declined Is cents on
the sales of 46,0Oo,o0o bushels ex-
ports being seriously diminished, and
corn has fallen l 1-2 cents on sales of
10000, 900 bushels, western receipts
being unusually large,
Lard and hogs were somewhat
stronger. Exports of products from
New York fall little from those Of the
same week last year. but the shipments
from other points continue very large.
The production of pig iron is about
stationary, amounting on February /,
to 1877, $50 tons, against 1856. os2 ions
January L, and 146,050 tons IL year
ago. Stocks of charcoal iron are sub
tstantially unchanged, and unsold stock
OF anthracite are q little smaller than
month ago, but the stocks of coke
IRON are considerably larger, SO shat
the consumption does not appear quite
up to the enormous supply. No change
appears IN the market for pig iron,
and rails are in small demand at fixed
prices. Bar iron does not improve.
ana the demand for plates is smaller
than was expected, while the COLLAPSE
IN The combinations IN beams and
barbed wire has a somewhat deprcss-
ing influence. Reports from other
cities indicate general imnrovemept
i'll trade.
At Philadelphia the dry goods trade
is quite encouraging. The business in
groceries is generally satisfactory; but
very little is doing in wool, and other
lines are quiet and without change.
Building permits were fewer in
January than last year, but have in
creased largely in February thus far.
Inc prospects at Baltimore arc much
brighter, with decided Improvement
IN leather, shoes and harness. Better
accounts also come from the Sonth.
AT Louisville the trade has improved.
at Nashville it is very fair: at Mem.
phis, light, but improving, ana AZ
montgomcry Increasing. At New
Urieans business in all lines is only
falr, but there is slight improvement
IN cotton, and sugar is firm and active.
with light receipts. Nearly all the
Southern points report an easier money
market and more hopeful prospects.
Money is only too abundant. and
has been quoted on call this week A.
II and l per cent. The treasury
continues to lose gold, and has caused
some embarrassment during the week
by refusing to supply the domestic
exchange, except upon actual deposit
OF gold; but it has put out 1921 900
more money of all kinds than il has
taken in, with much reduced revenue
and large disbursements required by
appropriations. The treasury 10 not
n shape to bear with the strain
Which the financial vagaries in con-
,ress might putupon it, but confidence
5 Tell that no measure calculated to
10 harm can be passed over veto. In
ne meanwhile the danger of accumu-
alon III excess of public needs is
Illustrated by the various speculation
IL stocks and cotton, which may yet
esult in some difficulty.