Democratic Sentinel, Volume 13, Number 45, Rensselaer, Jasper County, 29 November 1889 — THE STATE OF TRADE. [ARTICLE]
THE STATE OF TRADE.
Advanced Prloes in the Iron MarketIncrease in Cereal Shipments. Bradstreet’s (New York) “‘State of Trade,” says: Special telegrams point to only a moderate degree of reJvity in general trade throughout the coun - try. The gross earnings ot 140 railroads for October and for ten months show for the month a gain of 13.4 ner cent, over that of October, 1888, and for the ten months an increase of 10.4 per cent.. with an increase of 1.8 per cent, in the aggregate mileage. Buyers of crude iron ar absorbing at full prices all of the 30, UL tons weekly additional production noted within five months and in many instances are buying for future delivery. Bessemer pig-iron is in extraordinary demand. Exports of wheat (and flour as wheat), both coasts, for the six days am ing yesterday aggregate 2,591,bushels, as against 2,131,334 in the previous week and 2,082,018 bushels in the like week last year. The total shipped abroad from July 1 to date is 38,957,300 bushels, as against 4b, 536,000 in the like portion of 1881 The bulk of the increased movement is from San Francisco, Baltimore and New York. Business failures reported number 217 in the United States this week, against 248 last week and 178 this week last year. The total of failures in the United States from Jan. 1 to date is 9,848, against 8,649 in 1888.
