Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-05-05
TIL APRIL FAILURES
They Indicate a Satisfactory and
Necessary Adjustment of Prices
to Demands.
Conditions Which Threaten Disas.
ter in Any Line Of Trade Do
Not Exist.
Progress Made in the Settlement Of
Labor Troubles The Trade
Outlook.

OUTLOOK.
New York, May 5-R. G. Dun's
Weekly Review Of Trade today says:
Failure returns FOR 1Npss:s,, are sspe-
cially valuable, because they show that
there does not exist, in the important
branches of business, the conditions
Which threaten disaster. They call at
tention to one line in which some cur
tailment had seemed TO be from pre-
vious returns in progress and has been
by extensive strikes in the
building trades.
Some reaction from the abnormal ex-
element and rise of prices last year
was necessary to continued prosperity.
Its duration may therefore be expected
to depend on the promptness with
Which production and prices adjust
themselves to actual demands.
Much progress in that adjustment
has been made during the past week.
With increas ed activity already result
ing Strikes springing from disputes
about the terms of work and Wages
for the coming year have. also made
distinct progress toward settlement.
The reduction in prices of iron and
steel and their products has gone far
enough to bring our much new bust
ness. AT tilesend of last Week cut nails
We're reduced a cents per keg, and in
plates and bars somewhat lower prices
have been reported. Pipes and tubes
are yielding somewhat. With larger
business in fence and other Wire since
the reduction. Not "a sale of Bessemer
pig is reported. Chicago local coke has
declined 30 cents and southern also.
Eastern markets are irregular There
are large foreign contracts for pig
and important sales of finished
products for export have been made.
Coke is quoted 81 pei, ton lower than q
month ago, and anthracite coal has
also declined.
The close of ,iie wool Year has come
Without the scarcity which some ex-
pactetl. but with the average OF quota
lions by Coates Bros. reduced IN April
about cent. Sales have been small
and set much in excess of purchases
for consumption Manufacturers have
50 far refrained as to show that they
We're much better supplied six months
OF: ii year ago than dealers We're willing
10 believe The market for goods. ex-
eapting the most favored staples, has
been so far unsettled and irregular a 8
10 give small eneoura cement for buy
ing wool at current prices. Interior
holders are strong. hoping that the end
Of the season brings the end of i1,anu-
facturers stocks Cotton goods have
also shown similar weakness in trans.
actions for future delivery and new
business is narrow. The pressure @
English spinners for supplies tend:
strongly to hold up prices. tho foreign
mill stocks are now heavy.
Atlantic exports Of wheat in FIVE
weeks, -four included have reached
l1.oso.9ea bushels. against 70, 7t4.79s las'
year Pacific exports. sd $50 bushels
i gainsf 1850. 7a7 last year. and corn ex-
ports, Is. 77l,3s7. against 2..i14o.942 as'
year. IN spite of conflicting reports
III movement of wheat from the farms
continues larger than a year ago. Tho
price closed as ii opened, while corr
declined cents.
All exports from New York in foul
weeks have been 1874 per cent, or oSel
sl1 100000, Larger than last year. ane
with the gain Of s15o0U.0o0 in cottor
from other ports. the months aggre;
gate for merchandise should rise above
sloOooO,Ooo. Imports show SINAI
gain. but Will hardly exceed s70,0oo,ooo
Failures fer the week have been 20
lin the United States. against l5s las
year, and y in Ganaaa, against 23 las
Yea