Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-09-22
THE TRADE OUTLOOK.

Summary of the General Trade Situation
Throughout the Country shown by
X. G. Dun q Co.'s Weekly Revfew-The
Outlook for Fall Trade Good. but Spec
cIatiyc Operations Ouiet-Money Gener-
ally I'm ample Supply for Current Needs
Business Failures for the Week, Etc.
NEW YORK. Sept. 17.-R. G. Dun &
&c. S weekly review of trade saws:
Cholera has landed. ard the business Of New
York goes on exactly as If it had not. Cars are
as crowded with passengers and streets Is
badly blocked with carloads of merchandise as
they were one week one year ago. which
means that the heaviest trade ever known at
this season is now in progress The same Is
true of other cities. almost without excep-
ton, and tn. outlook for fall trade is at
all points regarded as exceedingly
good. But many people are afraid that all
other people will he afraii, and consequently
speculative maTaets decline. The selling OF
stocks tas been quite heavy and the decline in
prices has averaged about So per share for all
the active list Money is in ample supply and
the demand from tie interior is less than usual
at this season. hut large amounts are held out
OF the loan market by people who are looking
for exceptional opportunities to buy cheaply.
There has been much talk about pestilence
as an excuse Tor low prices of breadstuffs and
cotton. But the fact Is that enormous stocks
brought over from last year afford a sufficient
reason for exceedingly low prices Receipts of
wheat at the principal western ports in four
days OF this week have been 5.316.S33 bushels,
while the Atlantic exports have been only
lW'. 49, bushels: and it is not strange that the
price has declined three-qua-,ers of a cent.
At U's CENTS wheat is lower than It has ever
been Ii: New York. excepting two days in 1884.
Corn has declined three quarters of a cent.
but 1t is also the fact that western advices re-
garding SEe crop are more favorable. Oats
have fallen half cent and lard is a shade
weaker. In cotton there has been heavy sell
Ing. and September options are below cents.
though the price for spot cotton is unchanged.
Oil has declined half cent. bat coffee is three
Fights stronger. At Boston trade in dry goods
Is unusually larg. for September, and the mar
ket for print cloths is almost bare, while cot
ton goods are sod far ahead of reduction
and in bleacled goods some advance appears.
Wooden lnills are well supplied with orders,
and the distribution is remarkably fuu Boot
and shoe shops are crowded with orders. and
leather is active with some kiads of finished
upper higher in prices. At Philadelphia trade
in dry goods is the most satisfactory for many
years. and the carpet manufacturers ara busy.
Western and southern buyers are liberal in
their purchases. and in dress goods. especially,
increased trade Is expected; wool is in fair de-
mand: tobacco improves and trade in chemicals
is active. especially in disinfectants. At Pitts
burgh the iron trade improves with increased
demand. though Bessemer pig is weaker.
Window glsss works resu,nng. but the
Monongahela coal mines are dull because OF a
difference about wages. Trade at Cleveland is
good in most lines and fair in dry goods crock
cry and drugs, with iron in better demand
and money active. Retail trade at Cincinnati
is quiet. but the western lumber trade shows
an increase OF 20 per cent. over last
year. At Detroit orders for freight
cars exceed capacity of works for months to
come. and trade prospects ara favorable. At
appears, although some decrease is seen in
wheat, rye and barley, compared with last
years, while in flour. oats, cured meats,
butter. cattle and hogs. considerable in
crease appears. Trade at Milwaukee Is
brisk and at Omaha excellent. A generous
fall trade is expected at St. Louis if pesti-
ience do not interfere and at Kansas City bust
ness Is satisfactory and receipts OF grain and
cattle large AT al western points collections
are reported very good Trade at Louisville is
improving, at Nashville fair, and at Little
Rock satisfactory. while at Montzomer and
Galveston the late cotton crop causes slow
collections though trade otherwise improves.
At New Orleans business is only far and
money IS in strong demand. but cotton is lower
while sugar and rice active and strong.
Iron is more steady. unsold stocks having been
reduced. The demand for structural iron is
very encouraging, and plate mills we'll sup
Piled, but quotations are variable and bar iron
Is unsettled. Copper is lower at lila cents
ana tin at 203 in spite of large distribution,
but lead is more steady at 4 Is cents. In dry
goods there has been a notable increase in
the number of buyers and the market is
more nearly bare of woo.len goods than
1t has b,en for years, the medium
worsteds and the serge trades having the pre-
ference. There is heavy demands for cottons.
and medium bleached gools higher with
browns firm. Carpets are stronger and many
mills demand an advance of gig cents. Money
has been steady at per cent. while foreign
exchange has fallen far that ex-
ports of gold are unprofitable Mer-
chandise exports fall below last year.
because shipments then were abnormal,
the decrease in two weeks at New York being
about 20 per cent. The treasury has added S1.-
600 coo gold and s6ooND silver to its stock while
putting out $4,000, additional paper. here as
In all parts of-the country the supply of money
is ample for lag1l naeds, and the shriakage Of
speculation is helpful regards the posi-
bilisy of monetary pressure later. Respecting
the cholera it is we'll to remember that SAM
tary precautions are more thorough than ever
before. and TT most foreign cities have suffced
to prevent the spread of the disease.
che business failures occurring throughout
the country during the last seven DAYS number.
for the United States. 11. and for Canada 2s; or
total of 1S2. compared with 179 last
week. and 197 for the weel, previous to the last
and 259 for the CORRESPONDING week OF last year.