Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1898-03-17
0uN's COMMERCIAL REVIEW.

No Falling ON In Business Noticeable Any
Where-RaPid Gains Shown In Some
Cases-Gratlfying Evidence that the
COuntry's Business, Especially the For
eign Demand, and Its Resources are Be-
yond the Control of Any Power.
NEW YORK, March 12.-R. G.. Dun &
Co. s weekly review of trade says in it's
issue of to-day:
1t is most gratifying that no indus
try or branch of business shows any
restriction or hindrance, but some have
been rapidly gaining for the past week
and month. The railways are gaining
even while spectators are selling their
stocks and the demand for products for
all the great industries is increasing.
More gold is coming from Europe
than is needed, SO, S6S, 900 having been
ordered during the past week and
money markets are nowhere alarmed
or stringent, though reasonably more
cautious.
The country rests assured that its In
dustries, almost all of it's business, the
foreign demand for it's products espec-
tally, and all its resources are beyond
the reach of any foreign power, and
that its honor and foreign interests are
in safe hands. The greatest of all in
dustries is sending grain forward as if
there were no limit to the supply.
Wheat exports have been All ,479
bushels, flour included, against 1, 1868, III
last year from Atlantic and Pacific
ports, and for two weeks 1852, 73O
bushels, against 3,O16, $40 last year.
Exports of corn, in spite of smaller
yield, have been 7,7O6,4 94 bushels in
two weeks, against 1880, 500 last year,
when they far surpassed all records.
Wheat declined ~ cents, but corn did
not change during the week.
Cotton declined an eighth, sales of
fertilizers indicating less reduction of
acreage this year than was expected.
Exports of principal products in Feb
ruary were SOL, 634 ,O91 in value, with
an increase over last year of about so
per cent. in breadstuffs, in cotton 25
per cent. and 25 per cent. in the aggre-
gate.
The weekly output of pig iron was
22s, 1886 tons February l, but 234, 43O
March 1, and the increase of unsold
stocks in February was only $3.50 tons
weekly, leaving 225, 532 tons weekly for
exports or consumption, against 21S, 457
in January and 215,249 in November,
1895, the month of greatest consump-
ton before this year.
For four months production has
gained little, but consumption still
more, and if preparations for war last
only few weeks, they will add much
to the demand. Other consumption,
for railroad cars, for vessels on the
lakes for elevators and oil nine lines
for agricultural implement works and
for sheets is beyond precedent, and
structural and rail works are crowded
with orders, though now receiving few.
Sales of wool for this week have been
the smallest since the week of greatest
alarm in August, 1896, but not because
any mills have stopped work. Cancel
lations are frequent, and jobbers have
evidently failed to sell as much as they
expected at the advanced prices asked,
but even those would not be possible
had wool cost the millers current mar
ket prices. Little wool can be moved,
with a new clip near and heavy stocks
still in mills, without further reduc-
ton. Goods are now lower in quail
ties less well known, though I'M
changed on standard grades.
Cotton goods have a large diStribu-
ton, and prices are steady, though in
outside dealings print cloths are
shade lower. Prints are in better de-
mand.
Failures for the week have been 24S
in the United States, against ESQ last
year, and SO in Canada, against 81 last
year.