Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-08-30
DUN's COMMERCIAL REVIEW.

The Damage to Corn. Though Severe,
Not So Bad as Expected.
NEW YORK, Aug. 25.-R. G. Dun &;
Co.'S weekly review of trade issued to-
day says:
Changes during the past week have
not been definite nor very complete
As the presidents final decision re-
gardlng the new tariff is assured, but
not yet certainly known, part of the
hesitation which appears may be
attributed to the uncertainty
which must soon terminate. Other
conditions, if not entirely favorable.
nave at least not changed for the worse
during the past week. The injury to
corn is less than many unprecedented.
but is still believed to have reduced
the yield about SOC. zoo. 900 bushels.
The strike of coke workers and coal
miners has ended, and while the lock-
out OF cotton operatives is important.
1t affects the earnings and livelihood
OF much smaller number.
The business so long delayed by
tariff uncertainties begins to come
forward, SO that transactions in many
departments are larger than of late,
$1,000 oAA
time of especial stagnation last year,
but It IS still too soon to determine
how far the satisfaction of postponed
demands will set idle hands at work,
or raise transactions toward the normal
volume. But it is a healthy sign that
the gain thus far is gradual and not
spasmodic or Eighty in appearance.
In all the great industries some in
crease in demand for products has APP
peared, and the boot and shoe trade
continues to lead others in recovery, as
shipments from the east not only eX-
coed last years largely, but surpass
those in August of previous years.
Economy appears here in purchases OF
cheaper qualities rather than il pur-
chases of fewer pairs or cases, and the
demand is largely for speedy delivery,
rejecting unusual reduction of stocks.
In the iron and steel manufacture
the demand for finished products in
creases, but is at present not as large
as the capacity of the works which
have endeavored to resume operations.
A moderate increase is seen in the
wooden mills in operation, and agents
who have offered spring goods. gener-
ally at reduction of about 1219 per
cent. from last years prices, have taken
orders for considerable quantities; but
there is still great uncertainty about
the extent and effect of foreign COM
petition in may important classes, par
ticularly of the better grades of goods,
and as this must continue for months,
the adjustment to new conditions must
be gradual.
About 500, 600 900 bushels is now the
more common estimate of yield of
corn, which will leave nothing for ex-
port, and, falling below a full supply
for feeding, will materially affect
prices of meats for the coming year.
Wheat has been stronger in spite of
favorable reports that yield of 5O0,-
100000 bushels or more is now ex-
pected. Receipts at the west for the
week were 4,964,2 bushels, against
2,724, 40 last year, and Atlantic ex-
ports only 1,437,4 35 bushels, against
2,059, 424 last year.
Hog products are only shade strong.
er. Cotton fell a shade mainly on ac-
count of curtailment of consumption
by the strikes, but recovered. Ac-
promise a yield considerably larger
than that of 1893.
Money markets continue to reflect
legitimate increase of commercial de-
mand, which comes mainly from dry
goods commission houses, but it is
noted that although the last week of
August is at hand, the requirements
from the west and south for crop
moving purposes are by no means of or
binary magnitude. Foreign exchange
has been shade stronger, though
domestic exports of products from
New York have been for three weeks
81. AT 900, or per cent. less than last
year, the decrease in imports having
been only. 500, 900 in the same weeks.
Foreign capital appears to be doing
scarcely anything at present in Amer
lean securities, and the advance of 81
per share in railroad stocks and 81. 40
in trusts this week has been due to
speculative operations on the floor.
Railroad earnings in August have
been 1 per cent. larger than last year.
but las per cent. smaller than in 1892,
although it is observed that in ton
mage many of the leading railroads are
now doing better than two years ago.
The treasury has gained little in
gold reserve. though New York banks
begin to resent and resist the process
of drawing gold from them for cur
rency shipped to the interior.
A year ago this week payments
through clearinghouse dropped 81 per
cent. railroad earnings Is per cent,
thirty iron works stopped and half the
cotton mills at Fall River, and there
were 40 failures. of which only nine
aggregated liabilities of S6,4OO.OO0.
The exchanges this week are larger
than last year by 1876 per cent. al
though they are 1914 per cent. below
those of 1892.
The liabilities of firms failing for the
second week of August amounted to
ONLY 81 ,613, 800, and for the last three
weeks to only S1,262. 0.6, of which 81
$50. POS We're of manufacturing, and 3d.
Isl. 329 of trading concerns.
The failures for the week ended on
the 9th were 234 in the United States,
against 40 last year. ana 30 in Canada,
against 20 last year.
Thrown From Train in Wisconsin by
Tramps and Killed.
MILWAUKEE, Wis. Aug. 25.-A Daily
News special from Madison. Wis. says:
Conductor Richard Goggin was thrown
off a moving freight train Thursday
l. L. I