Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-09-02
CONFIDENCE N TRADE
No Lack Of Reliance on the Future
Conditions In Business
World.
Demand From Consumers In All
Lines of Trade Astonishes the
Producer.
High Prices Seem Not to Effect Vol
ume of Business Bright
Outlook.
w York, Sept. 2-Bradstreet's to-

| New York, Sept. 2.-Bradstreet's to.
day says:
| With an exceptionally heavy business
already booked for the latter portion OF
the year, the mercantile community
faces the trade situation with conf
Fdence, testified to by very generally
firm prices. and with quotations in a
number of lines showing further
marked advances. The most conspicu-
Gus exception to this is found in cereals
which are weak and declining.
| Corn ci;op prospects, though less rosy,
still point to full yield. Cotton, too
has weakened slightly, chiefly because
of advices of rain in the south. With
these exceptions most staples are either
firmly held or evince decided progress
upward, notable in this latter respect
being iron and steel of all kinds, but
particularly pig iron. which now is the
center of trade, owing to a heavy de-
mand, particularly for foundry grades,
at advancing prices.
From the manufactured textile trade
exceptionally good reports come. Au-
gust witnessed a general gain in the
prices of cotton and wooden goods, evil
IDENTIFY the outcome of active demand,
Judging from reports from leading
cities.
Scarcity of material and backward
clothing manufacturers at many points.
north, west and south.
Increased strength has been impaired
to hides and leather this week by the
launching of the new upper leather
combination. Boot and shoe manufac-
turers are actively employed, but the
margin of profit is reported to be ex-
ceedingly small, owing to keen compe-
tition.
Lumber retains all of its old activity.
and in some lines manifests new
strength as regards prices. The refined
sugar war apparently still continues,
one result being the stimulation of con-
sumption to notable extent. A good
business is doing in tobacco at most
markets, special activity being report
ed from manufacturing centers in Flor
ida, whence it is reported that the next
Cuban crop will be a very large one.
In industrial lines the situation is re-
ported very satisfactory. Employment
is general and strikes and labor trou-
bles generally are conspicuous by their
absence.
Wheat shipments for the week ag-
gregate 3,613,413 bushels, against 3,6S7,-
04o bushels last year.
Corn exports aggregate 4,16T,S6S BUSH
els. against 1,66i.700 bushels year ago.
Dun's Review.
New York, Sept. 2.-Dun & Co IS
Weekly Review of Trade today says:
The astonishing feature is the con
tinuance of a demand, Notwithstanding
prices which would originally check it.
In products directly consumed by indi-
viduals the better wages of the working
force give explanation. Demand ex-
eeeds the supply of besserner pig, again
raising the price for that anthracite to
go. 50, southern foundry to $3.50 at
Pittsburg, with heavy sales.
Recent advances in boots and shoes
and leather do not prevent large bust
ness and hides have slightly risen at
Chicago. Shipments of boots and shoes
from Boston have been 81 per cent
larger than in any other year to date
and We're 141 per cent larger in August
liIsiii III Oily .piAi'-i yea. is0stiS Pi-oS
for early deliveries; manufacturers re-
fuse many orders and some already
have contracts further ahead than they
wish. Lea Their is little stronger, with
a heavy business.
Sales Of wool have been moderate.
SIPS 700 pounds for the week. Mills
have strong demand for goods, and
worsteds have further advanced. In
cotton goods, demand exceeds supply,
and many kinds have advanced, al
though the material has declined.
Wheat has declined, mainly because
reports of injury in the northwest have
been discredited.
Failures for the week have been 14l
in the United States, as against III last
year, and % in Canada, as against %
last year.
Weekly Bank Statement.