Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-09-27
OuN'S COMMERCIAL REVIEW.

| Business In Some Departments Actually
Booming While in Others Disappointing
In the Aggregate About q Tenth Larger
Than Last Year, but twenty-five Pei
Cent. Below q Full Volume for the Sea-
son of the Year.
New YORK, Sept. 22.-R. G. Dun &
Co.'s weekly review of trade issued to.
| day says:
Plenty of material for encourage.
nent, and also for encouragement, can
be found by those who seek that and
nothing else. But business men who
| want to see the situation exactly as
It is find accounts so far conflicting
chat it is difficult to strike a
balance. In those departments of in
1ustry and trade in which the deferred
business and the demand for replenish-
ed, there is improve ment, and in some
The business is not only larger than
last year, but larger than two years
ago. In others the exhaustion of TEN
oorary demand has brought disa D.
oointment, because it was smaller tina n
vas expected, and because the remain
ing demand appears uncomforta bly,
light. In the aggregate, business is
about tenth larger than last year,
but still falls about 25 per cent. below
full volume for the season.
The iron business, after it's great in
crease of output last month, shows dis
appointing weakness at all eastern and
central markets, with consumption not
large enough to keep fairly employed
The mills in operation. Bessemer pig
IS lower, at SLIPS at Pittsburgh, and
.he business in most manufactured
products there and at Philadelphia is
generally. done at some concessions,
though for structural work and in
sheets the demand is excellent. Wire
rods and nails and barbed wire are
weaker, and steel bi1lets and bars a
shade lower. In the minor metals
speculation has advanced both tin and
copper a little, but without signs of
increasing consumption.
In textile fabrics there has been a
distinct decrease in trade, as initial
stocks for the next season have been
ordered and dealers are now waiting
for the retail trade to give encourage
ment for further purchases. The lull
in trade may be only temporary, but
is felt the more as it follows the crowd
ing orders for several months into a
few weeks. The strikes at Fall River
and New Bedford have not ceased, and
about a dozen additional cotton mills
have gone into operation elsewhere,
several with reduced wages, but the
orders for the present are narrow and
much smaller than usual, although
recent advances in price are main
tanned. A large auction sale of silks
has resulted in satisfactory prices.
The demand for wooden dress goods is
better, and will occupy some mills I'M
til the end of September, and the half
dozen concerns making clay diagonals
are probably oversold, but in most
lines the wooden business is restricted,
and after what remained of several
months demand was crowded into
few weeks, the traffic is disappointing.
London prices of wool, beginning about
per cent. higher than at the last sale,
were not quite up to previous market
quotations, and sales of wool at the
three eastern markets have been for
the week larger than of late-6. O41.550
pounds, against 4, ZIG, 225 last year, and
,202, 100 in 1892. In three weeks the
sales have been 1926, $50, against
ESCAPES last year, and "a, 631 900 in
1892.
because the government official report
went SO far in predicting short crops as
to occasion a reaction in opinion. While
lower estimates of corn are commonly
accepted, the price fell 81 cents, and
men are reasoning that if the official
estimate of wheat has been found 1OO,-
900, 900 bushels out of the way, it's corn
estimate may be 40O,O 10000 Or 200, O0O,-
coo bushels. While corn declined neither
pork nor lard yielded in price here,
though lower at Chicago. Wheat re-
ceipts were 5,4s1, AIS bushels, against
5 1859, Oa6 last year, and Atlantic ex-
ports only 9O2, $50, against 1898, 304
last year, and the price fell 1 cent.
Railroad earnings for the first week
in September were Ga per cent. smaller
than last year, and for the month, as
far as reported, 40 per cent. less than
in 1899, and Isl per cent. less than in
1892. Compared with last year the
lOSS Is III po:SeHSeI earnings, N'aiiSh
were then phenominally large, and in
freight earnings some increase, APP
pears. Chicago east-bound tonnage
is larger than of late, but. for
the two weeks of September was
95.711 tors, against ! GA, 729 last year, and
1921 in 1892 West-bound tonnage
is fairly up to she average, though in
goods products, still restricted. The
stock market broke badly on trust
although ii recovered later, the
market closing 1.s9 per share lower,
while railroad stocks have steadily re-
sisted the downward influence and arc
only 81 cents per share lower.
Foreign trade does not answer eX-
pectations, exports from New York for
the month thus far being SO, 100000 or
% per cent. less than last yeaE, while
imports from this port were $4,000, 900,
or 8 per cent larger. The treasury
has taken in from customs IN, three
weeks about 81, ZOO, 900, against ,9Oo,-
900 last year but only $4,000, 0o0 from
internal taxes, against 50, 100000 last
year. Its gold balance has been some
what helped by the internal demand
for small notes. The money markets
C ontinue easy, but there is some what
better demand for commercial loans
and for western and southern needs.
In boots and shoes the demand con-
tinues large, with many sales, FROM
stocks and orders for quick delivery,
and other indicat ions that replenish-
ment of stocks is not completed. Ship