Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-11-08
DUN's COMMERCIAL REVIEW.

etafy Difficulties Appear and BreadstufYs
Are Higher.
New YORK, Nov. 3.--R G. Dun &
Co. IS weekly review of trade issued to-
day says:
The last week of October, with an
exciting election near, cannot indicate
much of the true condition of business
In some trades the season is too far adj
vanced for great activity, and in others
the supposed effects of the voting him
der operations. But it is satisfactory
that the volume of production is well
maintained, and in one or two branches
increased; that no monetary difficult
ties disturb, that breadstuffs are lit
tie higher, and that no material de-
cline appears during the week
| in manufactured products. The fact
that any decline appears, with slack
enlng demand for some products, may
perhaps be attributed to uncertainties,
mainly political in origin, while every
increase in the working force helps to
make basis for more business here
after. At present the volume of bust
ness transacted is, on the whole,
smaller than last year, and much
smaller than in 1892, though presi-
dental election was then close at hand.
Payments through principal clearing
houses for the week have been rs per
cent. less than last year and 34.4 per
cent. less than in 1892. In both COM
parsons with decrease outside of New
York as well as here.
Comparisons of railroad earnings is
less valuable because passenger traffic
a year ago was extraordinarily large
owing to the Worlds fair, but while
the freight movements outside east
bound shows some gain, the east-bound
movement from Chicago is a quarter
less than last year, and for the month
has been 195,45S tons, against 236,3O2
last year, and about 300, 900 in
1892. Earnings for the last week
show decrease of 4.6 per
cent, and for the month of October
thus far As per cent, compared with
last year, and 1l.3 per cent. compared
with 1892. While the loss is not as
great as in September, it is enough to
justify some weakness, and the disor-
ganization of the coal trade and de-
preston of coal carrying stocks helped,
SO that the average price of railroad
stocks declined rs cents per share for
stocks declined 70 cents.
Corn has advanced cents, with
western receipts about third and ex-
ports about an eighth of last years.
Pork and hogs are a shade lower, with
lard about the same. Wheat is three
quarter cents higher for spot. and 1
cent for December. and looks as if
strength in corn had prevented a fur
ther decline, although western receipts
were only 4,5s7,67O bushels for the
week, against 6,5O3, III last year, and
Atlantic exports increased to &c., 66
bushels, against 74O, SOC last year. The
irresistible force is, of course, the
enormous accumulation, which cOntin-
ues, although producers may naturally
be inclined not to sell at current
prices.
Cotton is again lower, spot being
5.75 cents, with receipts SO heavy that
large crop estimates are favored,
though it makes little difference in the
real prospect whether the yield is $780,
600 or ZOO, 600 bales greater than the
worlds requirements, with great stocks
of old cotton in sight. The depres-
sion of cotton and wheat and the par
tial loss of the corn crop must be reck-
oned important because of hestancy
in retail distribution of products.
This heritancy affects industries very
differently. The boot and shoe manu-
facture is retarded only in continued
preference for low-priced goods, for
the number of pairs produced and
shipped seems greater than ever-in
five weeks All, 661 cases, against 2Ss,s6
l. Thoy.o iS
still large demand for cheaper goods,
crowding beyond their capacity the
producers of cheap mems and women's
shoes, and while jobbers in wax and
kip boots and shoes report smallest
sales for years on the whole, the sales
of low-priced goods are larger than
ever Orders have fallen off of late,
but most factories are still well en-
ployed and many have good orders for
spring.
In the iron industry the chief activ-
ity is in structural work, bridge and
other plates, while the demand for
sheets is somewhat diminished; bar
and wire show no improvement. and
nails are weaker. The average of quo
tations for various kinds of iron and
steel is 3 per cent. lower than in July,
6.5 per cent. higher than at the lowest
point in April, and 90 per cent. lower
than in July last year.
The government has sustained
heavy deficit for the month of Octo-
Der, and customs receipts are disap-
pointingly light. Otherwise the
money markets reflect only remarka-
BILE absence of commercial demand,
though the possible reduction OF inter-
est on deposits may lead to some with
drawals of country funds. Exports for
the past four weeks were Is per cent.
less than last year, while imports were
per cent. greater.
Failures continue small, and for four
weeks ending October %, liabilities
were IS, a06.s 92, of which 50, 149, 455
were of manufacturing and S4,991, 434
of trading concerns.
Southern failures are comparatively
small, and the eastern and western
about equal. During the past week
failures have been $40 in the United
States, against 35s last year and so in
Canada, against % last year.
A TERRIFIC WIND STORM.
Three Churches Wrecked and Much Other