Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-10-27
ELECTION md TRADE
Former Has Quieting Eject on the
Latter. Pending Count Of
the Votes
Business Men Confident, But Con.
servative-Ths Outlook. How.
ever is Good.
Today's Market Quotations Cattle
Steady Hogs Nickel to 3
Dime Lower.

New York, Oct. Pr. g. Dun & Co.'S
Weekly Review of Trade today says:
Elections mean a great deal to all
business interests and altho huge con-
Sfidence in the future is seen on every
hand it is but natural that men do not
care to take unnecessary chances and
therefore delay new engagements as
far as possible until after the ballots
are counted. But contracts for steel
rails for the season thus far are within
10000 tons of last year 9 heavy BIO okings,
and the confidence in an ultimate mark
ed Improvement is so strong that all
raw materials are firm and without
speculative activity to stimulate them.
The agitation for an advance IN blllets.
tho a small one, is an indication of what
the iron and steel markets expect in the
next six months. and in the great in
dustries sellers of material could easily
make contracts if they cared to attach
political conditions to their agreements
lUnfavorable as fears may be, 1t is likely
to be better for business in the long run
| that conservative ideas for the present
lare entertained. The weather over a
part of the country has been favorable
for agricultural operations, which are
progressing Well, and in the east the un-
seasonable temperature has retarded
general trade comparatively little, as
| there has been no great stimulus yet
| this sea son.
Conditions in the iron and steel mar
ket steadily improve. Orders gradually
swell in volume and buyers make more
concessions. In some cases quotations
are not altered, but there Is an advance
4 to 500 at Philadelphia for billets owing
4 to the better business in rails. Pig iron
moves freely. especially at Chicago.
where manufacturers have contracted
heavily for finished stuff in excess of
raw material on hand. Cast iron pipe
lis in urgent demand and new plans for
shipbuilding will take plates. Bridge
builders are buying structural forms
heavily Minor metals are quiet, except
4 for further Weakness in Tin. Silver has
reached the highest price in four years.
Cotton showed little recuperative
power after last weeks decline and
closed lower. The loss in price is $3.50
since Oct 9. and exporters are still
holding off. Wheat also continued its
downward course owing to the good
/ news, here and abroad. but an encourag-
| ing feature was the accelerated foreign
buying in quota tons declined. Atlantic
dexporfs for the week are 1885, osS.
against 253.653 bushels a year ago. and
1 Pacific shipments STs,043 bushels against
4 .658, 5S3 last year. Corn is slightly weak
Ter, while pork products have fallen
1 sharply. Meat and provisions are heavy
i: but linseed oil rose sharply to l5c.
The better tone. of the boot and shoe
market was sufficient explanation for
sitte advance in materials. Sales of WOO
at the three chief eastern markets cons
tinue to increase, exceeding 5,0o0,oN
pounds last week. Prices are not al
v tered, and bids are slightly below the
81 market and refused. Cotton goods
A move rather more freely, as the price
comes nearer parity with raw material
but wide sheetings are dull at the adj
vance TO 22c.
Failures for the year We're 215 in tbs
E United States. against 100 last year ane
twenty eight in Canada, against twen-
ty-three last year.