Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1893-04-27
TRADE REVIEW.

The S,onditiSn Of the Commercia1 InteF~
ssts OF the Country - ReMected ~ H
@. Dun . Co.'s Weekly Keview-Ths
Gold situation Having Its Edect on
| observation-disclosures Trade Fair Excepe
whore Retarded by storms-Businesss
Failures, Etc.
New York, April 2a-R g. Dun q
CO.. weekly review Of trade. issued this
morning. says:
Monetary doubts have cvershadowed an
other Influences ~ New York. but have NOT yes
greatly affected trade 1t most other points.
Thus outside reports reflect conditions cxist
ing prior to the large shipments OF gold wnii9
the markets have been declining sharply. Re-
ports that the treasury will refuse gold for new
treasury notes as soon as tho reserve Il re-
duced below 800 200: the rapid rise IN the
rate Of foreign exchange to tho high
est point known for many years ana
orders for shipment OF nearly eoooo,0o
gold on Saturday, part OF IL going to Canada.
led to much speculative liquidation STOCKS
have declined over . per share this week.
While rates for money on call and for CONNER.
cial paper have not ~ yet been seriously At
fected, few important failures, one at Roch--
ester and ono In tho coffee trade, have added 70
the feeling Of uncertainty. Wheat has fallen
2h cents, with sales of 10000 900 bushels hero;
corn 2H cents, oil ~ cents, and coffee ~ cents.
Wheat receipts 100000 bushels st western
points in four days, and Atlantic ports 0o0OOO
bushels The stocks and receipts seem to have
broken the We6Cer0 corner ana 1OtCoO neovy
liquidation. The fail ure OF . large coffee house
has been followed by much excitement ana as
cline. Pork products are somewhat lower
though declining less than corn.
At Cincinnati the grocery trade IL larger than
year ago and there Is fair spring business In
clothing. The demand for dry goods at Indian
apolis Is good. but money IL closer. Trade A.
Detroit Is good with collections slightly im.-
proved and prospects for lake navigation very
favorable. Al Chicago navigation opens with
heavy shipments and though weather rotardS
business its volume Is fair and collections arc
satisfactory. Currency does not return A.
WINS expected. and largo sums are
tied mp up fair and preparations 20 that
bankers are conservative. Receipts OF cattle.
butter and barley increased moderately over
last year. At most northwestern points
weather checks trade and at Milwaukee tight
ness OF money causes apprehension and coll
lections are slow. At st. Paul trade Il fair but
bright prospects Of good trade for the season
In all lines. At Denver trade Is only fair. and
at Salt Lake City quiet. Weather retard0
-ade at Louisville, Nashville, Knoxville and at
Little Rock trade Is quiet. At Omaha trade 10
good in hardware, and groceries and other
and collections are good. At Kansas City bust
ness is very quiet with largo receipts and
lower prices for cattle. Pig iron Is shade
hrmer for foundry, but bessemer Is weaker A.
Pittsburgh and Birmingham No. Is offered
at Q. Trede In bar is dull with the price as low
as ever and . cut to l.6 cents in beams and
channels is reported. Collections throughout
the country are at most points slower than
usual
The business failures during the past seven
days number, for the United States. 1876; Cam
ada, q; total, 208, as compared with zoo last
For the corresponding week of last year the
figures were 2S3