Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1893-01-19
THE counTRY's TRADE.

TIE Pause In General Business Succeed.
Ing the Holiday season More Pr0tracted
than Usual-The severe Weather. How
ever, Has Given stimulus to Certain
Lines-Tndustrinl Activity Continues ana
Textile Mills Crowded with WOrk-Busi-
ness Failure, Etc.
New York, Jan. lar. G. Dunn u
Co. IS weekly review of trade this week
says:
days seems to last longer this year than usual.
but severe weather has Riven powerful slim
illus to trade In heavy boo&s and shoes ana
woolens. and preparations for the sprtnG ousi-
ness are going on actively and with tins uemoss
condolences. In spite Of uncertainties regard
ing legislation on tho money ON sstion. tho
business world seems inclined to be-
lieve that there Win b. no serious
financial embarrassment, especially =
tho average Of commercial indebted.
comparatively unimportant No interruption
Of Industrial activity Is seen. though iron u
somewhat moro depressed. but in other de-
paftments . distinet Improvement - noticed
in the preparation for spein9 trade. Whatpeo-
pie mean by depression in business Il shown
less than per cont smaller than Decsmber I.
with slight increase In stocks and N,SiA
smaller than year ago. hat with stocks mucn
reduced Tho output in l6o3 was 1000 tons,
Ouly 1OO.UV Hess t080 t0o l8IKS8b 0vVE AHOWut
that OF 1892 and the consumption was proba.
bly, tho largsst ever known. Prices are weaker.
Bessemer pig only $l360 at Pittsburgh. and
Alabama iron il offered ut the west At lower
prices. but there 10 . better movement at
Philadelphia. Structural iron b dull and bar
weaker ut 81 81. and rails still inactive. but
with better promi8s than year ago.
On the other hand. textile mills are crowded
with work. sales Of wool arc the largest for
many weeks. and dealings in dry goods are
large for the season. Tho transactions IN
WOODEN goods have already bsen heavy. but 1t
is evident there is still large and healthy de.
mand. In boots and shoes the business il
greater than ever. but not At all speculative.
and orders have been increased by the colder
weather. the shipments being far ahead Of last
years. Speculation in cotton has been hQui-
dating. the price declining quarter. although
receipts are 10000 bales less and exports 4O.OOU
more than a year ago. Larger estimates OF the
crop are now sent out.
Wheat has scarcely changed in price. though
corn and oats have risen 11s cents each. West
ern receipts OF wheat in four days have been
2.500O00 bushels. and Atlantic exports only
1855 bushels. Pork has advanced 81 per bar
REL and at SIS q is far above the ruling price OF
recent years. Receipts of hogs at the west are
still light and prices higher, and coffee and oil
are practically unchanged.
Thu treasury has been disbursing moro
freely sincs January l and large returns OF
money from the interior have CAUSED lower
rates here. But foreign exchange advances ana
further exports Of gold are expected. Mer.
chandise imports continue fully MP to lass
years figures. while exports from New York
for two weeks have declined $500 600. or over
80 per cent. It is evident that no large ship
ments OF securities or Withdrawals Of foreign
capital will bs needed during the coming
month to cause some outgo OF gold.
The business failures occurring throughout
tile country during tho pas. seven days num-
Der. for the United States 2s6 and for Canada
-; or total OF 3O6. rs compared with n total
OF $40 last week. For the corresponding week
OF last year the figures wore $50. representing
:S7 failures in the United States and g in The
nosniniou ~ Nanada