Iron County register., 1892-03-03
DOMESTIC TRADE.

the Condition a the Business interests OF
the Country as Indicated by II. q. Dun
n Co.'S Weekly Review Money Fafriy
Easy, But business Rather Duil-Cheap
Cotton Still Exerting Depressing In
Auence at the South-Business Failures
Etc.
New YORK. Feb. Pr. G. Dun a.
Co.'S weekly review of trade says:
The state Of domestic trade has not materially
changed though the continued dullness is per-
| haps more generally felt. Boston notes trade
| of satisfactory volume, with considerable ac-
tivity and large western orders in dry goods.
cotton mills well employed, good demand Tor
woolens and boot and shoe factories busy
Leather is in better demand and wool fairly ac-
tive, though at some concessions At Philadel-
phia money is easy, iron much depressed by
southern sales, the wool market quiet, but dry
goods more active, with sales ahead of last year
and satisfactory orders from the west. Baiti-
more notes good business in dry goods, but slow
collections. At Cincinnati the shoe manufac-
tories are doing well, cigar factories are busy.
and the demand for machinery brisk. Trade Is
better at Cleveland in all lines except boots and
shoes, but iron is still inactive. At Chi
eago, merchandise sales snow IN
crease over last year and collections are
easier: receipts of dressed beef are three times'
and of wheat double last years. and liberal In
crease appears in other breadstuffs bat a slight
decrease in animals and animal products. MIL
waukee reports business only fair, and coliec-
tions slow owing to bad weather. AT St Louis
the outlook for spring trade is considered more
encouraging than a week ago. Building opera
tions promise to be very large, and the demand
for materials Is already active. Mlnneapons re-
ports good business with an output of u7,OU
barrels of -four. against 112,0oO the same week
last year. At Omaha trade is quiet, owing to
bad weather. At Kansas City business Is fair,
and at Denver very satisfactory. Little ROCK
reports fair trade, but at New Orleans general
business is dull, though sugtr is strong ana ac-
Nos~ I.~x ,,,1 but. 10
and low. At Savannah also the low price OF
cotton is depressing and money is in active de-
mand.
Speculation in bre adstuffs has been much less
active since gold began to go abroad, and wheat
has declined cents during the past week, the
Atlantic exports being small, while receipts at
the west were 10000 bushels in three days.
Corn has risen three quarters of a cent, and
oats half a cent while scarcely any
change appears in pork products Oil
is one quarter cent lower, and coffee
one eighth stronger, with small trans
actions in both. But cotton has declined O.
sixteeth with sales of 48S 900 bales, and the re-
ceipts still exceed those Of the same week last
year while exports have fallen off during the
past week. Estimates Of larger yield than
that of 1890 are now frequently heard.
The only great branch of manufacture which
makes discouraging reports at present Is the
iron and steel industry, and the difficulty there
is not shrinking consumption, but enormous In
crease in production. In cotton goods larger
production than was ever known before IS sus-
tanned by demand active that advances in
the prices of some qualities has been occasion
ally reported, i'll spite of the cheapness of the
material. In woolens the mills have recently
been much more active with larger orders for
goods and manufacturers purchases of wool
for the rast week were much larger than
year ago. The building trades are irregular
The rail combination restricts purchases or
steel rails. no transactions having been reported
for the past week. There are orders placed for
several thousand and some locomotives,
and the demand for plate iron is somewhat bet
ter, and for structural iron satisfactory at pres
ent but no Improvement is seen in bar iron,
while the market for pig Is depressed by sales
which are generally attributed to financial diff
Guilty Southern No l is even quoted at Sl575
and northern at 1850 per ton, about the lowest
prices ever made.
Money continues in abundant supply. and 1l2
per cent. on call at New York. with no pressure
at any interior market But the shipments of
gold said to be for Russia, lead to the belief
that money is to be dearer soon. and the treas
ury needs at this season to replenish its bal
ances. The stock market has been but moder-
ateiy affected by the outgo of gold, but has con-
stantly betrayed signs of realizing when stocks,
have become active enough to render sales
easy and the prevalent impression is that for
eign sales will continue.
The business failures occurring throughout
the country during the last seven days, number,
for the United States, 2S6 and for Canada 81.
total of 270; compared with 800 last
week and 276 the week previous to the last.
For the corresponding week of last year
the figures were go,