Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-06-14
DUN'S COMMERCIAL REVIEW.
The Great Strike the Principal Factor in
the Causes Affecting Business Unfavor-

The Great Strike the Principal Factor in
the Causes Affecting Business Unfavor-
ably.
New YORK. June Or. G. Dim &
Co.. s weekly review of trade issued to-
day says:
The outlook for business seems little bet
ter on the whole, though the improvement is
not great. Moreover, it is impossible to dis
tinguiSh beOween mere displacement of orders
cancelled for want of fuel other causes and
the new business for which works are anxiously
looking. That cancellations have been heavy
is certain, and it is not entirely clear that or
ders of equal magnitude have gone to other
works that are able to fill them. The strikes
ha Je not ended, through there are renewed re-
ports that at least partial settlement is near.
Troops are now under arms in a belt OF
states reaching all the way from the
Atlantic to the Mississippi, and in sew
eral states of the far west, and the
interruption of industry and commerce in
creases every week. Hence it is somewhat en-
eouraging that the decrease in payments
through clearinghouse is but 24.3 per cent. for
the first week of June-27.2 at New York, but
only 1874 elsewhere. The decrease in COM
parSon with 1892 is about 80 per cent. Rail-
road tonnage is larger than year ago in live
stock and moderate in cereals, but conSidera-
bly, smaller in coal and iron products and in
other manufactured goods weSt-bOund
Earnings of railroads indicate that COMPETE
ton for the scanty traffic results in low rates.
On all roads thus far reporting for May the de-
crease is 20 per cent: on the trunk lines IA
Der cent, and on the oranges roads 1862 per
cent.
Speculation in products has turned toward
higher prices and wheat has risen cents,
with an official state report of injury in Kan
saS, which is high-f1avored enough even for
farmers alliances. The actual receipts at
western ports have been 1,417, 092 bushels,
against 2,34s ,391 last year, and the Atlantic
1n1s. .
year.
Corn rose "a cents, partly in sympathy, but
with more substantial accounts of injury, the
western receipts having been Z, S65, 459 bushels,
against 3,5i5 291 last year. Pork products and
coffee are. unchanged. and cotton is steady at
7.37, with slender receipts in spite of the de-
cline in exports, and visible stocks here and in
Europe amounting to 2735 Al bales, against
2,T4 COZ last year. more than enough to supply
the worlds requirements for four months. Ac-
cording to the estimate OF the Financial Chron-
icle, the acreage this year increases .OOO or
307 per cent, including q larger crop with vari-
able weather.
With only 2. 9s7 coke ovens working and A.
$40 idle with the Cambria diScharging half its
force and seven out of nine of the Carnegie
furnaces at Besscmer out OF blast the produc-
ton and manufacture of iron and steel is
smaller than at any other time for years.
While it is believed that deferred work will
cause heavy production after the strike ter
inmates, the demand ZOE prOuuctS Is dt pTeS-
emit much below general expectations even at
the east.
Eastern shipments of boots and shoes con-
tinue larger than a year ago. but orders are In
adequate except for the medium and cheaper
grades.
Exports of gold continue, 50, 10000 having
gone this week and the treasury gold reserve
is now reduced to about so, 100000. The banks
here continue to receive from the interior
about as much money they lose by gold ex-
ports, though the crop-moving season IS close
at hand. Customs receipts are again So Per
cent less than year ago, and Internal revenue
% per cent. less for the week Exports of do
nestle products have been exceeding last
years little
The number of failures reported last week is
ZIG in the United States against 3D. last year,
and in Canada 49, against % last year. The Ii
abilities in all failures reported in the month
Of May were si33O5, 1857; about $5.420,0O0 at the
east 1850 900 ut the south, and 90, 400 000at the