Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-10-25
Dun.s COMMERCIAL REVIEW.

Five Cents, with Exports of Gold Instead
of Products, the Salient Points Of the
Business Situation-With Many Features
of encouragement, Business Has Not xee
Answered Expectations.
New YORK, Oct. 2O.-R. G. Dun q
Co. S weekly review of trade. issued to-
day, says:
Cotton, below cents, and wheat be-
low So cents, each lower than ever
since present classifcations were
known, with exports of gold instead
| of products at such prices in October,
are the salient features in business this
week. Distribution of goods to con-
sumers goes on fairly, with gains at
| nearly all points in comparison with
last year, but not yet at rate to sus-
tain the present volume of manufac-
| turing production, SO that prices
weaken little. The domestic trade
represented by railroad earnings is "a
per cent. less than last year, and 1874
per cent. less than in 1892.
The payments through the principal
clearinghouse for the third week OF
| October are 2.s per cent. greater than
last year, but BIS per cent. less than in
1892. The daily average for the month
| Al O'o pei NChC. 1oA SSA SAAAA AssS'S ~>~A ,
but 1872 smaller than in 1892.
With many features of encourage
| ment business has not yet answered
expectations, and it is evident that
| the loss of part of the corn crop and
the unnaturally low prices of other
| staples affect the buying power Of
| millions.
Wheat for October delivery fell to
SAL: cents On Wednesday, and, in spite
of some recovery, the average for Octo-
Der thus far is 2 cents below the lowest
monthly average ever made, which
| was in September, and was nearly 10
cents below the lowest prior to this
| year, the October average being so
| cents below that of October, 1891 or
| 1890. Western receipts are only 4,700,-
391 bushels for the week, against g.
| O64, 1873 last year, and Atlantic exports
631 1854 bushels, against sos, 343 last
year, but the controlling fact is that no
demand as yet promises to clear away
| the enormous surplus.
Corn declined one-half cent during
the week. with receipts not quarter
| of last years, and exports not tenth.
Pork products were somewhat weaker,
with lard quarter lower. Cotton sold
at 5.94 cents on Thursday, and with AL
| lison'S estimate that the world will
consume SPAS, 900 bales American, the
stock of 100000 bales in sight, and
| the estimated yield of over 5000, 600
| bales deters buyers.
Domestic exports from this city in
| two weeks of October were 10 per cent.
| less in value than last year. While the
| increase in value of imports has been
| q per cent, much of the decrease in
exports is in price, but in August and
September the quantity of wheat de-
creased over third. Provisions and
| cotton gained, but oil decreased, and
in miner products exports in Septem-
Der declined 16 per cent. The increase
| in imports, exclusive of sugar, was
| over 35 per cent. in September.
and in two weeks of October
at New York over 43 per cent.
With this heavy increase in purchase
and a decrease in the sales of prod
ucts abroad, the market for foreign
| exchange is in position to be quickly
| affected by Withdrawals of capital or
| apprehensions regarding the future
peace of Europe. To 100000 gold
shipped Tuesday it is expected that as
much will be added to-day. It ap-
pears that three trust companies here
now hold over $40, OOO, 600 idle money,
and that eastern mill loans are being
taken from New York by New England
banks while the northwestern demand
| for money is unusually small. The
| treasury is again falling backward in
| reserve. and large imports yield lit
| tie less revenue than last year, while
| internal revenue for the past three
| weeks is 81, 6OO,O smaller than year
ago.
The dry goods business and textile
| industries were especially favored by
the demand in August and September.
In mems spring goods there are few
| small orders, and, while fall orders for
suitings continue good, the demand for
! cloakings has been reduced by the
strike Of cloakmakers.
Sales of wool have for three weeks
| of October been 15.1+7,499 bales,
against s,344, 452 last year, and 10, $685.
600 in 1892, with markets dull and
prices barely maintained.
The boot and shoe trade is doing re-
markably we'll, shipments from Boston
for three weeks having been 252, 5s5
cases, dSdluSC los, JOf 1dSL year, anu
| 243, 500 in 1892.
The iron and steel business makes q
| better showing this week, Bessemer
pig having stiffened to 80 80 at Pitts
burgh, and at Chicago and New York
structural and bridge orders have been
placed, but bar iron has fallen to 90
cents for common and 81 for steel at
Pittsburgh, which are prices below
those current in Great Britain. There
is good demand for sheers and some
good bridge contracts are reported.
The Pennsylvania railroad reports its
material account so per cent. less than
| that of last year to date.
The failures in October thus far have
been quite moderate in strictly COM
mercial lines, the liabilities amounting
to 50, sci 1887, of which 81, 793, 636 were of
manufacturing and 1895, 1886 of trad
| ing concerns. Some failures of bank
ing, investment and loan concerns not
here included have not proved of gen.
| eral Importance.
The failures during the past week
have been 253 in the United States
| against 341 last year, and 43 in Canada
| against 90 last year.
SHOT AT HIS SWEETHEART.
Who Broke q Leg in Jumping From a Win