Iuka reporter. (Iuka, Miss.) 1888-1894, 1893-09-28
DuN'S TALK.
Condition and General Outlook of Ths
Prospects of the Country.

prospects OF the Country.
r. G. Dun " Co.'s Weekly Review
of Trade says;
There is no longer only microscop.
ic sign of sentimental improvement
that cannot be treasured. Some in
crease is seen both in the production
and in the distribution of products;
but, after the worst financial blizzard
for twenty years, it is not to be expect
ell that all roads can be cleared in a
day; but all conditions, except at
Washington, favor recovery. Bust
ness goes on in nnqucsiioning conf
deuce that the general desire of the
people in some way will prevail. Money
has become abundant and easy per
cent here on call, and stagnant specu-
lation fortunately favors greater free
dom in commercial loans. Stocks and
products are dull, without any serious
fall in prices. The industries are rap
idly rallying to make good the scarcity
Of supplies caused BY weeks of inSc-
ton. The vitality of the demand for
goods shows that the wonderful con-
summing power of the people, If lessen
ed for time, has not ceased; and the
shrinkage in the chord Of commercial
disease and mortality shows progress
toward health.
Neither the advance of n la cents
in exchange nor the small absaggisaa
of gold by the treasury has bsea teas.
for the market is long way heyopa
at which it waited with bissaahless
anxiety for steamers. Moneiarg coz..
ditions favor revival of trade and
industry. While renewals are s. large
as ever, commercial, loans arg no longer
unknown. Maturity of large western
obligations has brought hither unusual
sums of money from that section, bat
the banks. while retiring part of The
circulation recently taken out, sud
some certificates, have not retired a
large proportion, keeping weather
eye on the body of commercial indebt-
edness to mature in October and No.
vember.
Foreign trade grows more favora-
bic. Cotton has tluctuated much and
is shade stronger, though nothing
appears to warrant an estimate which
would reduce the worlds supply of
American, including the quantity car
ried over, within 500,0 900 bales of the
largest consumption ever known. The
industries are giving strong proof that
The consumption of goods was not as
unch arrested as many feared when
The collapse of trade and manufacture
ers came. While manufacturers show
extreme caution and decline to start
work without orders, piling up goods
at their own risk, improved financial
conditions enable them TO accept many
orders, which would have been or
were refused weeks ago, and actual
orders are rendered frequent by the
exhaustion of retail supplies in many
directions.
The number of works resuming this
week has been at least SO wholly and
"a in part, against only 10 concerns
mentioned as having closed, and s re-
ducing force. The gain has been
greatest in cotton, where some goods
touched the lowest prices ever known.
The industry which shows least actual
gain is the manufacture of iron and
steel, where only the changes in prices
were downward and in spite of the
great decrease in production, the con-
sumption seems to have shrunk even
more. But even in that branch dis
tinct increase is seen in the demand
for few products.
Failures for the week number only
$40 in the United States, against 1888
last year, and in Canada 40 against 23
last year. Only 8 failures will foot
over $780, 900 each. The liabilities in
failures for the second week in Sep
TENDER were but $3,042, 1929 against
$5,319,098 the first week.