Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-01-28
THE coUNTRY's COMMERCE.

The General Condition of the Commerce
Of the United States Reflected
Through II. G. Dun & Co.'S Weekly Re-
view-Industries Well Employed and
the Crop Movement Still Large-rhe
Markets Undisturbed by Speculation
Business Failures, Etc.
NEW YORK, Jan. 23.-R. G. Dun &
Co. IS weekly review of trade says:
No news at this season is good news Open
ing of goods and preparation for a year of ac-
tive trade fill the time, and it is yet too early to
report material change IN the distribution. In
dustri,s are remarkably well employed for the
season, and the movement of crops is still
large, and reports from every part of the coun-
try express even greater confidence than before
in tLo prospects for trade, while in some lines
deh,ite, though gradual improvement is al
reaiy seen. Rumors of coming war have moved
the stock market to some extent during the
past week, but had not substance enough to af-
feet money markets or trade in the least. The
heavy buying Of coal stocks of late leads to the
belief that settlements beneficial to one impor-
tant industry will soon be effected. The mar
kets for staple products have been undisturbed
by speculation, which is held in check by
the enormous supplies. Wheat advanced Ia
cents, and receipts at the west have been
lighter owing to severe weather. but exports
continue large. Corn is coming forward very
freely and has declined 1i9 cents, and exports
for the week will probably be very heavy,
Oats are one quarter cent lower, but pork
products are shade stronger. Oil has
declined half cent and conee
advanced q quarter. In other markets import
ant changes in prices are noticed. Reports from
other cities indicate some real increase in trade
well as great confidence in the future. At
Philadelphia increasing sales are seen In dry
goods, the northwest leading in purchases.
Larger orders are reported for nails and gen.
eral improvement in hardware, and better or
ders for iron have caused additional furnaces to
begin blast In wool there are few transactions.
and plate and jewelry are quiet Cincinnati
reports general business opening briskly. At
Cleveland rolled iron is in active demand and
some advance is seen in ore with large sales.
Lake freights are contracted for at some ad-
vance over last year. At Detroit country or
ders more free and some manufacturers
working overtime At Chicago general trade
is larger than year ago, and collections cas-
Ter; an increase of third is seen in -four and
corn receipts, but receipts of wheat and lard
are double, Of rye three times and of dressed
beef four times last years, while decrease Is
noted only in oats, barley and cured meats. At
Milwaukee cold weather had good effect and
the demand for money in the lumber and live
stock trades is active. At Minneapolis extreme
cold causes slight deere ase in trade. but flour
is in demand, the output being $4,000 barrels,
Paul prospects Of trade are excellent
and money easy, and at Omaha very
easy with trade improving. At St Louis
severe snow storms since January
have interfered with the retail trade. but whole
sale dealers find complaint, collections are
fairly prompt. and settlements OF freight rates
are expected to restore the trade with Mexico.
At Denver business is very good for the season.
At Galveston extreme cold retards business and
losses Of cattle on the ranges are heavy. At
New Orleans lighter cotton receipts help the
price and encourage business; sugar is active
and strong, ami better feeling prevails though
trade as yet improves but little AT Charleston
some improvement is seen, though large sup
- <.c{,n han <,r1fy, f<af
precious metals in 1891 has been surpassed in
only two years, and according to Wells Fargo's
statement amounted to S3l .975, 1914 gold and $50,
614 600 silver, S13 1858 copper, and $12 1885, $50
lead. The Mexican output of silver was 49,
100000. Annual reports Of many other indus
tries show that the production in 1891 has rarely
il ever been equaled, and the new year begins
with no prospect Of decrease in any industry.
Even the wool manufacturers appears to have
used more wool last year than In any previous
year, imports having been the largest rec
ord. In woolens there is a considerable return
demand for spring goods and the opening of
many styles of mems wear for the following
season is met thus FAR by good orders. An ex-
cellent business is done by jobbers in cotton
goods. which in the medium and cheaper grades
is unprecedented, while knit goods are fairly
strong. The reduction of rate by the Bank OF
England from gig to per cent. shows the con-
idence that prevails in foreign money markets.
Actual loans are made in London at three
fourths Of a cent on call, and here have de-
clined from gig to per cent The treasury has
paid ont $700 COO more than il has taken in during
the week. and reports from all monetary CEN
ters show ample supply, an easier market and,
except at the south, a comparatively light de-
mand with fair or good collections. Merchan-
disc exports from New York in three weeks
have been 1873 per cent. greater in value than
for the same weeks last year. while in imports
there has been slight decrease. The enor-
nous excess of exports. still continuing leads
many to believe that more gold must soon be
imported but foreign exchange has risen half
a cent during the week. notwithstanding re-
ports Of purchasing by London in the stock
market
The business failures occurring throughout
the country during the last seven days, number
for the United States, ga. and for Canada "a, or
total of 328; as compared with $50 last
week and l35 the week previous to the last.
For the corresponding week OF last year
the figures were AL, representing $50 failures in
the United States, and 81 in the Dominion Of
Canada