Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-04-14
LOVER IRON PRICES.
Purchasers Holding OF Orders In
Expectation Of Easier Prices
In Future.
"A Number Of Mills Closed, and the
Output Curtailed The Indus.
trial Outlook
Backward Spring Weather Condi.
tions Influence Trade Ex.
ports Heavy.


ence. possibly fatal to many in its con-
sequences, is that stocks held by con-
suming concerns must be running
down. AS they contract for their sup
plies months ahead and such supplies
delivered and not consumed or
waiting their orders at furnaces, would
not be reckoned in unsold stocks, the
surplus owned by consumers may be
heavy. Pittsburg reportsa number of
the plate mills shut down, and five
Pennsy lvania and Ohio furnaces have
stopped. perhaps for repairs, more than
balancing five which started in March,
two in Tennessee adding $500 tons
weekly.
The boot and shoe industry also falls
behind in output and is closing some
works and running many others part
time because prices are higher than re-
5tailers yet seem ready TO pay.
a heavy wholesale business has been
done in dry goods, but the question now
is whether retail distribution will justi-
fy IL. AS vet returns are not satisfac-
tory; there is an increase, but not
enough to warrant the buying from
mills. Woolens and worsteds are duh.
with concessions in fancies, tho staples
are Well sold up and firm. The mate
rial declines further. averaging nearly
y cent lower than April i. There is
the same uncertainty in cotton goods as
to retail distribution, with quite as
much doubt whether prices will be
maintained, tho the material has again
50 nos &c =
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gold exports, and a small amount has
gone to Buenos .Ayrcs on European ac-s
count.
Supplies Of money are abundant here,
rates are low and commercial demands
marrow, and the interior Is better pre-
pared than ever TO do without aid.
The. exports of wheat from both
coasts coniiniic larger than last year,
tho much Of the gain is at Pacific ports,
not directly affecting Atlantic supplies.
Flour included, Pacific exports in two
weeks have been l,51S.254 bushels.
against o64lo62 bushels last year. but
Atlantic exports have been S,9l2,S51
bushels, agains $780, $50 bushels last
year. In spite of all reports of e1haus-
ton of supplies and injury to growing
wheat, western receipts continue larger
than last year. in two Weeks $40
bushels. against 5,s63663 last year.
Corn receipts also continue heavy, s.
91T,267 bushels, against 1853, 613 last
year.
Failures for he week have been 1919
/ in the United States. against 1sS last
year. and Al in Canada, against % last
year.
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