Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1893-05-04
. REvlEW OF TRADE.

NJ VIZ ~ ~ = -
Tho Mlonetnry ana Commercial Condlflon
Thr0ughout the Country ~ HemecCoO
Through b. @. DUN = Co.'S WeekH -
view-COld and Wet Weather ana Mone
tary Uncertainty Have Had TheIr n.
feet IN Depressing Trade 70 Some ~
-Buslness Failures, Etc.
NEW York, April 2o.-R. G. DUN =
Co. s weekly review Of trade, pubiisneo
this morning, says:
President Cleveland's decision about redemp
fion Of legal tenders, all admit. has erresIe0
what threatened 70 become serious disturb
ance. Gold exports have ceased, sterhnS -
change has fallen 70 lS7.f and rates Tor monsy
have declined from 10 to ~ per cent. SsocNs
have been stronger. gaining about l.o0 per
share for the week, and some produce msrKese
are rising again. Yet cold and wet weatner
and monetary uncertainty have causeo w.
tinct depression In trade. Collections arg =.
most everywhere behind and interior MONEY
markets are growing closer or more Conserve
tive. RepouD from all parts OF the country m
dicate that trade has been much retarded oy
bad weather and unsettled money markets, ana
complaints OF poor collections arc general
Business at Boston IL not active. In dry
goods II ID smaller than last year; In WOOL ana
woOlens, cotton. shoes and groceries dull; IN
furniture fair. and In lumber. structural IRON
and building materials good. At PhiladeipniA
failures have caused some timidtty. ana retst
sales are restricted BY the weather; WOOL ana
dry goods are inactive, and the sales OF
tobacco, liquor and tewelry are small; the gro
Gerry trade slightly improved, while narowafe
/ IL busy and building materials and paints In
fair demand. Trade Is active and building
materials active at Baltimore. Al PITTSBURGH
iron II In worse condition, but the glass trade
is fair and trade in hardware very good. Bust
ness At Cleveland II fairly good, but iako
freights are demoralixed and manufactured
iron active but lower. Al Cincinnati tho
weather and the money markets are depress.
Ing but the tobacco trade IL good. Money ana
collections are slow ct Indianapolis and Detroit,
the weather affecting all trade. Chicago
reports decreased Wholesale trade ana
collections behind hand, retail trade nnd con-
struction work being retarded by the weather,
and building materials below last falls prices
The demand for money IL heavy, and banks are
conservative. No improvement is seen at MIL
waukee, and st. Paul reports seeding retarded
by the weather and collections poor. AtISioux
City no panic results from heavy bank failures.
and At Omaha trade II very active, but retarded
1t st. Joseph by bad weather Business Is fair
ut Kansas City, cattle steadier, but trade Is
quiet at Denver. At st. Louis the 3obbing
trade Is very good. collections free and money
In greater demand. Southern orders are small,
but cottonseed is In demand for replanting.
At points In Tennessee trade Il generally slug
gish and collections small. At Montgomery
and Atlanta some Improvement Is seen, but at
Charleston trade is dull. New Orleans reports
D IAlT trHQc, Win y Special 8CtlVlIy IcsSi CS-
tate, and building material better. Most all
other southern points report collections as
slow.
Distribution Of products to consumers fall
short Of expectation. Monetary uncertainties
and failures make people anxious. Wheat seed
Ing has been greatly retarded by rains, much
cotton has been killed, and signs OF industrial
depression affect the purchases OF millions
The dry goods business is plainly taking In
sail, buying only from hand to mouth and
waiting for events, 80 that this is called the
uullest week for years Sales OF wool are
greatly reduced. and some grades Of ginghams,
cambrtcs and other cotton goods are lower
with stocks accommodating. In leather the sales
have been growing lighter for weeks, and
stocks are growing: the boot and shoe shops
are still working ON old orders and their ship
ments are large. The failure Of the Pennsyl-
vania company causes much depression and
makes it harder for other iron concerns to OBJ
tain accommodations, especially in the rail
business, because Il IL doubted whether
receivers can renew the compact Of
makers which expires July l. Trade in
pig iron is waiting and consumption OF
manufactured products does not encourage
hope OF better prices; though In plates there IL
more inquiry from shipyards and in bar iron
from builders. Structural iron Is In demand
throughout the country, but a. low prices.
Copper has declined, contracts with consumers
1t II cents for lake being reported. Tin Is
weaker at 200 cents. and lead at 4.06 cents, and
e&CutS uhto IcuuCcu WcStoIn PEACcS VI
coal IS cents. Anxiety about money has
strengthened stocks. Railroad earnings
continue large and the proposed reor-
ganixation Of the Reading causes quite boom,
while some buying from Europe has been re-
ported. Cotton is an eighth lower on sales Of
300 b ales, in spite Of reported injuries, the
pressure OF heavy stocks being felt as money
tightens. Corn has risen 1 cent, and pork 81
per barrel, and speculation at Chicago seem
to have revived with the bad weather which
retards farming operations. Wheat is quar-
ter OF cent higher than . week ago. with
sales of 100000 bushels here, though re-
ceipts at the west are still heavy and
shipments by lake enormous. Produce
exports have improved little, but for the
present all exports from New York are much
behind last years while imports here show an
increase Of 100000. This state of foreign
trade is still Of danger to the money market.
which action of the administration, how
ever wise, can entirely relieve.
The business failures during the past seven
lays number. for the United States. 2i6: Can
ada, %; total. 238, as compared with 206 last
week and 200 the week previous to the last.
For the corresponding week of last year the