Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-03-11
DUN's coMMERcIAL REVIEW. |

The Slow and Gradual Improvements Here
tofore Reported Continued During the
Past Week-A Better Demand for Most
Products on the Whole, with Continuance
of Speculative Buying in SOme-FaIliEg
on In Failures
NEW YORK, March 6.-R. G. Dun &
Co., say to-day in their weekly review
of trade:
The slow and gradua: improvement
observed for some time Gas continued
during the past week. and without ma
teria1 check. There is better demand
for most products on the whole, with
continuance OF speculative buying IN
some, notably in wool, because of ex-
pected duties. Meanwhile money
markets continue as easy and undis-
turbed as If there never had been anx-
iety about the gold reserve, and fairly
large sales of stocks on London account
during the week, possibly because of in
ternational anxieties, have made no per
ceptible difference in American mar
ketS.
Reports of probable needs abroad
have helped spectators in wheat some
what, and it has risen about three
cents, though the price is still lower
of wheat are still small, 1859. 2S1 bush
els, against 2. 3O1, 633 last year, and the
Atlantic exports, flour included, were
for the week ], 2S2, alp bushels, against
1,541, 135 last year; but the corn ex-
ports continue SO heavy as to cOmpen-
safe largely, if not wholly, for any de-
crease in wheat, amounting, for the
week, to 2, TO, 974 bushels, gulf ports
not included, against /, 014, 800 last year.
Reckoning half bushel of corn for one
bushel of wheat, the grain supply Oh
other countries continues much larger
than a year ago.
Cotton has declined an eighth and
with good reason, for although re-
ceipts from plantations fall off, the de-
crease is not greater than the decrease
in Consumption, owing to stoppage OF
mills. As there is comparatively little
cotton available in the country, the
market is very convenient one for
spectators to manipulate.
While many of the mills have stopped
production of cotton goods for a time,
the general outlook is, on the whole,
unchanged, and the demand for goods
does not improve, while print cloths
are a shade lower.
The demand for wool has diminished,
though only little, and sales are quite
a third more than the full consumption
of all mills, if all were at work, but the
speculative buying continues. Al
though some more mills have gone into
operation, the course of the market has
not favored great activity, but it may
be said that for goods of the higher
grades there is a better demand than
heretofore
The boot and shoe industry can reckon
a good many more shops at work, and
shipments have been as large for the
past four weeks as in any previous year.
The market for materials has not
changed to any important extent.
While demand for Bessemer pig has
sustained the recent advance to SLOTS
per ton at Pittsburgh, and gray forge is
still quoted at 50. 40 there, and there is
also less cutting of prices to get more
business in finished products. the gen.
eral range of price still continues low.
Wire nails have been advanced by
very heavy buying to S1.40 per keg,
without change in cut nails, which are
dull, and there is less evidence of east
ern mills selling rails below $50, except
for export, some sales of that character
having been made at SIS. Western
makers are said to be firm at S21 per ton.
But the demands of the most important
railways have been supplied for the
present, the consumers of billetS are
not in the market just now, and with
somewhat larger production of pig iron
it may be doubted whether, outside of
rails, the demand for finished products
equals the capacity of works.
Failures for the week have been 24t
in the United States, against 2S5 last
year, and SO in Canada, against 6S last