Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-11-25
DuN.s COMMERCIAL REVIEW.


Trade and Industries Working TOWARDS
ThanknrIyinx-CoId wea Their Brings New
Fu.iness-The Producing Forces increase
ON the Whole and Many Manufacturess
are Unable TO Take All the Orders OA-
fered.
New YORK, Nov. 20.-R. G. Dun *
Co.'S weekly review of trade SAYS:
The markets and all industries are
working toward the period OF IhanKs-
giving, and of stocktaking and OF hoIi--
DAVIS. Colder weather has done mucn
to accelerate retail trade, so greatly
DELAYED in many lines by unusually
mild and open weather. The produc--
mo forces increase on the whole, and
MANY manufacturers are unable to-
take all the orders offered, while 9TH
ers are committed as far ahead as shey
are willing to be. The output In sew
eral great industries is considerably
the largest ever known, and the CONN.,
dence of great business next year Is
undated.
Hesitation in speculative markets IS
in part because an immense caplSaA
has been turned from them to invest"
ment in productive enterprises.
Wheat has advanced cent durlLg
the week and small fluctuations have
been due to reports about Argentina.
rather than to the heaviest exports
ever known. Atlantic exports Oh
wheat, flour included, have been IN
three weeks of November $780, 500
bushels, against 6.O52, 106 last year.
and in the crop year thus far over 3d.
600. 600 bushels, while the western re-
ceipts have been, in the three weeks,
q, 21S $50 bushels, against IA, 79o, $50
last year. Corn exports have been
700, Ola bushels, against 6,44l,o6 last
year.
Cotton declined to 5.S1 cents with
heavy receipts, but closed at 5.s7, with
better foreign demand and with trosts
which have lessened the prospect OF a.
heavy movement later.
Iron products have changed but
slightly in price, with wire nails and
rods shade lower, and while the con-
sumption of pig is the largest ever
known, works in some branches are
receiving orders equal to their output,
while others have orders so far ahead
that they are unable or unwilling. to-
take more. There Is less activity in
bars at the east, but a healthy demand
at the west for building and other
uses and rails are in larger demand
there, while some eastern works have
recently taken orders for months
ahead.
Sheets are active and competition re-
duces the per cent. of tin plate a little
further. Gray forge is slightly lower,
with eastern and Chicago prices un--
changed, Notwithstanding the great
output, and stocks are being further
hn onlya EST
tons for the week with furnace selling
at $1.75 for the rest of this year.
Anthracite coal continues weak with.
sales at S. net here, the production in
October having been 5, 1901 900 tons.
Tin is sustained by large consumption.
The wooden market is embarrassed
by the delay of winter, which retards
orders from clothiers, although most,
works have enough for some time
ahead, and while cold weather and ac--
tive retail trade would quickly bring
a change, prices of wool are SO high
that some mills have stopped part of
their looms. Cases are mentioned of
mills which could realize profit,
of $500, 200 to 100000 by selling
the wool they hold, but can
expect none by manufacturing at cur
rent prices. Wool markets have be-
come stagnant, and sales are almost
wholly to realize speculative profits,
at the three chief markets.
to only 4.213, 900 pounds for the week.
Cotton goods continue weak as raw
declines, and goods are rather
lower.
Failures for the week have been 267
in the United States, against 334 last
year, and 80 in Canada, against 10 last
year.