Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1898-01-27
OUN's COMMERCIAL REVIEW.

Remarkable Volume of Business for the
Time OF Year-Exceeding Anything Ever
knOwn-WheAt Again Goes Above
Dollar Without EzcItement-Ths COnVe-
nIent Strike In the Cotton Mills Blooms
Prices
NEW YORK. Jan. 22.-R- G.. Dun &
Co.'S weekly review OF trade says in its
issue of to-day:
With a volume OF business remarixa.
BILE for the time of the years. per
cent larger than a year ago and 10.4
per cent larger than in 1S92-in pay
ments through clearinghouse, it is
not discouraging that one or two indus
tries are tagging. The demand for
most goods Is more heavy for the sea-
son. manufacturing works are better
employed, and orders booked and in
prospect for the future are more en-
couraging than at this season In any
other year OF which equally definite
records exist Exports of prod
ucts continue surprisingly heavy,
in spite of some rise in prices.
Treasury receipts from customs were
larger in - days OF January than in
the entire month of October or Novem-
Der, and apprehension regarding the
monetary future is no longer felt out
side of speculative circles Failures
are considerably smaller than were
ever known at this season, and both
banking and trading less than last
years. Railroad earnings in January
thus far reported have been 17.6 per
cent larger than last year and 1913 per
cent larger than in 1898
The rise of wheat above q dollar in
regular sales was not accompanied by
signs of speculative excitement In
fact, the continuance of extraordinary
exports, 2,945,TJ5 bushels, -four in
cluded. for the week from Atlantic
ports, against 1878, 2l5 last year, and
for three weeks, 5000, 493 bushels,
against $3.50, 5S2 last year, besides
4,0S2, $40 from Pacific ports for three
weeks, would give excuse for high
prices even if the corn exports were
not enough to suggest great foreign
need, amounting to 9,2T0, lS9 bushels,
against 1914, 293 for three weeks
| The fact that cargoes OF corn where
shipped during the week to Egypt and
Russia, the very country upon which
I Europe relies for breadstuffs except
the United States, affects trade, not
uureasonably.
Just when unprecedented production
of pig iron was causing weakness ex-
traordinary demand for finished prod
ucts appears. For this season, at
least, the general demand is beyond
precedent, including $50, coo tons steel
/ rails for the week; and 1900, O0O al
ready this year, orders for plates
so large that the Pittsburgh works
sand - other =
Germs. unable 10 fill ali they receive;
/ orders for bar such that many con-
/ Germs are obliged to refuse more; an
/ excellent demand for sheets and fair
/ for structural forms Nor does this
/ demand spring from efforts to com
I binc makers OF wire and its products
and makers of tin plates. Prices OF
/ ali finished products are sustained by
I the demand. though bessemer pig is
/ five cents lower at Pittsburgh, but pig
at Chicago is strong. with some pro
/ duction of finished forms delayed by
/ its scarcity.
The great strike of operatives in cot
/ ton mills of New England seems as
/ convenient to mill owners, with their
! heavy stocks unsold, as if they had
/ ordered it. Probably it will last long
| enough to work of stock, and the print
/ cloth market is already about one pei
/ cent stronger, while j slight advance
! is noted in some other cotton goods.
/ With very stagnant market for wool.
I sales amounting to only $3.50, : OF
/ pounds, at the three chief cities. which
/ reported over IS. 90, 900 in one week ot
! September and 66. O00, 900 in four
/ weeks, the inquiry for three-eighths
( and quarter-bIood, suitable for chev.
/ lots. have resulted il little dealing
| The mills have taken satisfactory
/ orders for such so DDS, probably
/ not without knowing where they
could get the wool
| Failures for the week have been 81.
in the United States, against 400 las
year, and So in Canada, against 10 las
I wear.