Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-04-19
BUSINESS REVIEW.

According to r. g. Dun . Co., the Busi.
ness Improvement Heretofore Noted'
IL Becoming Less Distinct, Though
HOPES are Built ON the More Favorable
Crop Reports-RenewaI Of Gold Exports
the Occasion OF Some Disquietude-
Business Failures, Etc.
New York, April 14.-R. G. Dun q
Co. IS weekly review of trade, issued to-
day, says:
Business Improvement meets many obsta-
cles and is scarcely distinct as 1t has been
in recent weeks. Strikes have checked the I'M.
provement in building and other trades, ana
scarcity OF coke has caused the closing OF some
iron works, while o strike OF AL the bi.uml.
nous coal workers is ordered and may prove
serious. More favorable crop reports than
were expected, which justify larger hops lor
next fall, have arrested the upward tenoency
In prices Of products. The renewal OF gold ex-
ports occasions disquletude. But the gradual
exhaustion OF goods In the hands OF dealers
makes the consumption OF the people more as
t1nctly felt, and apparently larger, ana this de-
mand increases with the gain In NUMBER OF
hands at work. It cannot be said that uncer--
tAinty as to the future has materially dlmin-
ished, but there is an evidently growing I'M
preston that there will be no important le Rls-
lation on the currency or the tarin. Inc I'M
preston. whether erroneous or not. influences
the action OF many. The proposal to remove
the tax on issues OF state banks is not by many
thought likely to prevail On the whole, though
progress is still INSTRUCTED by uncertainty, IL
has not been arrested
The output of pig iron April I was 1873
tons weekly. against 1lO,16' March I, gain
which is the more encouraging beca use unsoid
stocks decreased 10, S65 tons. The actual con-
sumption thus indicated. about l2J.4OJ tons, Is
only a third smaller than year ago; but
some furnaces and works have been stopped
since April l on account OF the strike OF
oyf1l which sapain bears
fruit in bloodshed and destruction OK
property. Several large sales of Bessemer
iron are reported at sos at Pittsburgh and
considerable sales of No. foundry at Sl1 there,
while much Improvement is seen in the BUSH
ness at the east. At Chicago ithe trade has
fallen of on account of the strike in the building
trades. Tin has been active in speculation
without much change. and copper remains In
small demand for consumption, but the de-
structioD OF works said to produce go tons OF
lead weekly has raised the price to 35 cents.
New wool has begun to come forward. and as
the yield is expected to be greatly reduced
prices are slightly f1rmer with large purchases
for speculation. At the three chief markets
sales were 4,65S, 800 pounds against 3,83055O the
same week last year, and stocks available are
comparatively Scanty but quotations are no
higher A striking increase is noted In the de-
mand for fall dress goods, but In mems woolens
there is no improvement OF demand for heavy
weights and orders for spring goods have been
reduced, though easy terms are offered. The
tone OF the dry goods market on the whole Is
less assuring. buyers are few. and mail orders
are falling of, and there Is shade OF weakness
in some cottons, with less success in stimu-
lating trade by low prices.
The boot and shoe trade continues to i'm
prove, larger proportion OF the factories hav-
ing orders for some time to come. though pro-
ducers OF the better grades of goods find COM
paratively little to do. Shipments from Bos-
ton were 81. 459 cases for the week, against H.
700 n n r,ar
The government report for April Indicated
much less damage to wheat than spectators
had expected, SO that prices declined rapidly,
for the week IL cents. It IL off1cfally sug
gested that the extent Of injury since April
is not yet known, but Atlantic exports have
been only 35O.740 bushels against 1855, 6S1 for
the same week last year; while western
ceipts have been 20a3, 757 bushels, against
2,S66,418 last year. Corn has declined half q
cent Western receipts being still far in ex.
cess OF last years.
Pork and lard are q shade higher, and oil
has been hoisted by manipulation. Cotton has,
declined again to 762 cents, European spin
ners having grown tired of the usual stories
about exhaustion of supplies and reduction of
acreage. Receipts from plantations are about
as large as last year. while exports for the
week have been very small.
Intense dizziness in the stock market dis
gusts brokers, though industrial stocks have
been marked up easily 30 cents per share.
Railway stocks average 10 cents lower and
railroad earnings do not yet reflect the heavy
gain in tonnage, falling behind last years
about as much as in March. Neither do clear
inghouse payments indicate much betterment,
but for the second week OF April are 20 O per
cent smaller than last year, against 1873 per
cent the first week The fact that prices still
average lila per cent lower than q year ago,
while explaining part of the decrease in the
volume OF business, also suggests the narrow
ness of its profits.
The money market has changed very little,
but s.. $50 0Oo gold goes to Paris to-day to pur-
chase Spanish coin to be paid for Cuban sugar,
and exports of merchandise have fallen be low
last years. Treasury receipts for customs in
April are 43 per cent. less than last year, with
internal receipts somewhat smaller.
The treasury deficit has been g. OOO, 900 for the,
mouth thus far. besides interest payments, in
dicating deficit OF $40, 900, 600 for the month.
Bankers deny reports that further bond issues
are under discussion, but gold exports with de-
fcient receipts may quickly change the situa.
tfon. No improvement is seen in commercial
loans, and the large increase reported by banks
is mainly due 10 stock transactions. The most
cheering news is the decrease in the import.
ance OF commercial failures, for though one
mortgage loan concern has failed, with liabili-
ties OF s. 100000 the liabilities in all CONNER
mercial failures for the first week of April
were only So, 100. eO6. OF which $SOO567 were or
and $l,22S ,240 of trading con-
Germs.
The failures during the week number 2le
in the United States, against 1877 last year;
and "a in Canada. against q last year.
The Coke Trade. as Affected by tho