Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-08-18
REVIEW OF TRADE.

The General Condition of Business
Throughout the Country, According to
r. G. Dun S Co.'S Weekly Review-Crop
Reports Hardly Up to Expectations and
the Iron Trade Somewhat Embarrassed
by the Labor OBSERVATION-DISCLOSURES
Conditions Fairly Observation-Disclosures
Failures, Etc.
New YORK, Aug. 13.-R. G. Dun &
Co.'S weekly review of trade saws:
Crop reports ara not quite up to ex7sctations
and are construed as indicating deficiency in
the supply OF corn and oats. while any posi-
bic deficiency in wheat and cotton will be moro
than met by surplus stocks. But prices have
advanced quite sharply and exports of domes-
tic products fall below last years. The great
industries are al doin1 remarkably we'll ex-
cepting the iron manufacture, in which labor
controversies have been partially set
tied and seem likely to be wholly set
tied speedily. The collapse OF the build
ing strike here revives activity in many de-
partments of trade. But stocks still come
back from Europe in considerable amount and
little more gold has been ordered for ship
ment to- day. The iron output August l was
Ia, l36 tons weekly, against 1872 Isl July l and
1885 q year ago: but the stocks unsold
nevertheless increased 5000 tons during the
month OF July and on the 1st of August ex-
ceeded 100000 tons. Southern pig iron is
pressed for sale and some quotations are lower
turs by western iron works which have settled
their controversies with the men will make
great change in the output, increasing the pig
iron output to large extent. But STEEL rails
are dull as ever and while only 100 900 tons have
been sold for the year thus far, the
eastern mills beyond September Is.
Copper is weak at llSs cents and lead at
cents, but speculation advanced tin to s21. Is
and depressed it to $50. As. There is no market
worth mentioning for coal. But in the textile
industries the utmost activity prevails. Manu-
facturers are buying wool freely. Boston sales
for the week being 1900 coo pounds above last
years, and the total sales ct the three prnci-
pal markets for the year thus far have been 32,-
OO0,cO0 pounds greater than last year. Boot
and shoe factories still pressed to the Mt
most aud shipments from the east continue for
the year nearly 10D. coo cases greater than last
year. Pork aivarc I'd rs cents Tar barrel. but
lard declined half a cent. Oh rose cents
and coffee a quarter. but cotton fell
eighth, though exports are larger
than a year ago, crop reports
grow more favorable. It should not be for
gotten that if exports Of products, which for
two weeks have been rs per cent lower at
New York than last year, should be restricted
by advances in prices, the outflow of gold
would be likely to continue, and before
long to affect speculative markets. I'm
ports continue extraordinarily large, at
New York for five weeks 50 per cent
greater than last year, and such movements
would insure further gold exports unless other
conditions change. Boston reports money
stronger at increased demand and the vol
ume of trade larger than usual for the
season. In fall clothing trade is very
good, and stocks of woolens are being closed
out while orders for spring goo Is are liberal
Trade in dry goods is rendered larger than
usual by liberal western orders particularly in
woman's dress goods At Philadelphia wool is
also strong with free receipts, groceries dull
but up to the average. manufactured iron in
better demand and other trades comparatively
quiet. At Baltimore trade in dry goods and
hardware is good, and shoe manufacturers re-
port business far ahead of last year The strike
in iron mills at Pittsburgh has been settled
with reduction of 10 per cent in wages in the
finishing branches, and window glass workers
have settled tse scale on last years basis. At
Cincinnati manufacturers Of women's shoes
report a very prosperous season, with
trade 10 per cent. greater than
last year and at Cleveland business is fairly
active in all principal lines. Chicago reports
sales greater than year ago and receipts OF
hides. oates and barley show increase; in -four
and cured meats per cent. and OF lard three
fold increase, while some decrease appears in
wool, cattle and rye a third in wheat and corn,
and 80 per cent. in dressed beef. Collections
are satisfactory there and throughout the
west. at ST. Paul threshing reports promise
an average yield and at Minneapolis business is
excellent in all lines, especially in lumber.
Trade is very heavy at Omaha and collections
never better, improving at Kansas
City with money in better demand
and very good at Denver. At St. Louis trade
is of a fair volume. labor troubles have been
settled and collections are more prompt than
usual. Southern reports show general i'm
provement in trade at Little Rock, Memphis,
Montgomery and New Orleans, but at Calves
ton collections are slow ana at Savannah money
is reported tight. Stocks were strong most of
the week, but some reaction toward the close
carried the av-rage a little below that OF
week ago. The treasury has taken in S70O.00O
more gold and silver than it has paid out while
lessenine the volume of notes in circulation
81 100000. but money is abundant and
cheap Customs receipts in August have
been much larger than a year ago.
but at New York 56.7 Ter cent. of payments
were in treasury notes, and only Il per cent in
gold. Silver has fallen to ISL in London. the
lowest priz, ever quoted, AMI in June it sold
at Aid.
The business failures occurring throughout
the country during the last seven DAYS. number.
for the United States. 169, and for Canada 90: or
a total of $50. compared with 1874 last
week, 1913 for the week previous to the last,
and 227 for the corresponding week of last year.