Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-08-05
DuN's COMMERCIAL REVIEW.

| Improvements In Business and Splendid
Crop Prospects Reported from NOrthern
| Cities from Detroit to Seattle and Port
| Iand-Seeming "Reminiscences In the In
duStrisI and Commercial Situation Ex-
plzinesi-The Weeks Failures
New YORK. July SCR G. DUN &
Co.'S weekly review of trade, issued to-
| day, says:
Dispatches from alraost every north
ern city of Importance report without
exception improvement in business.
| and from Detroit to Seattle and Port
land splendid crop prospects. The
task of adjusting the business and in
| dustries of the country to conditions
created by the new law has progressed
with gratifying rapidity and ease.
| Even the increasing strength of the
| striking coal miners probably forwards
the adoption of the uniformity pan,
which promises to remove most of the
| causes of such struggles. Some confu-
sion is caused by events seemingly con-
Trajectory, by closing of large cotton
. mills when other works are starting,
and by decline in some prices when
others are advancing, but the balance
is Enthusiastically on the right side. The
important evidence. the passage of the
new tariff, which was generally antici-
pated week ago. had been the marked
increase in foreign demand and al
vance in price for wheat. The latter
has risen Al cents during the week,
with western recei pts for the first time
exceeding last years and western rail-
roads besieged for cars and with At
lantic exports of Ills. 738 bushels, -four
includes, for the week, and 6.351. IFS
bushels in four weeks, against
6,917, $50 last year. With heavy
contracts for shipment exceeding
1.200.0OO bushels on a single day, Liv-
erpOol reports of a shipment from
America to northern Bohemia and
with French markets excited, specula-
tive sales here have little influence.
The fact that corn exports exceed last
years, although the price has adj
Vanced to 1921 cents, is further proof
that foreign demands are substantial.
With crop news still favorable, pro-
ducers may probably realize some
thing like SS0,O0J,OJ0 more than last
year on wheat, which means a great
difference in purchases by agricultural
states. Corn also advanced lbs cents
and cotton a sixteenth. though reports
as to yield are good of both crops are
general.
The industrial sky is partly over
clouded by coal and iron difficulties
and by the closing OF some large cot
ton mills. Having run for months far
ahead of consuming demand on cotton
bought at comparatively high prices,
the mills see ahead large crop and
cheap cotton, and it is but the rational
way to halt production, clear off accu-
INFLATED stocks at the season when
vacations are common, and begin the
new year on its own basis
The wooden manufacture answers
whOlesomely and moderately to new
ar if conditions, and while opening
light weights below about one dollar
in cost has met an encouraging de-
mand, the advance in prices asked is
not large. With very heavy stocks OF
free wool on hand, manufacturers are
able, and in the presence of large
stocks of foreign goods are obliged, to
engage for the next season without adj
vancing prices in proportion to the
rise in wool, and large contracts of
that nature have already been entered
into.
"OO1 DIT DOSGOn, Wu0Ec Tue
speculation has been most active, is
suggestive, amounting to 6,84S. 600
pounds for the week, aud at the three
chief markets to II. 9S4, 500. Sales for
four weeks have been 46, 1O9, 200 pounds,
%, 53S. 500 being domestic, against a.
eli. $50 in "a last year.
Delay in the iron industry is partly
because wages have not been settled
at all works, though at many, and
partly because steadily rising demand
does not yet raise prices. In some
products prices are a shade lower, not
withstanding larger demand. owing
to competition between works, but
Bessemer is a shade higher. In struc-
tural work, plates, sheets and bars tor
the enormous operations of agric Ill
tural implement works, the demand
increases, and for rolling stock owing
to the abundance of crops.
Failures for the week have been 236
in the United States against 2S1 last
year. and % in Canada against 40 last
year.