Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-03-23
THE MARKET REVIEW.
Trade Active But Less Bouyant Than

1ra0c Actlve but Less Bouyant han
Last Week.
New York, March 23-Eradstreet' 5
| Weekly Review OF TxaAs &. Speiay says:
Trade is still active, tho perhaps not
tso buoyant as in weeks past, owins,
PARTLY to the natural subsidence of the
spring demand at wholesale and partly
because OF the interruption To demand
end shipments by snow and rain storms
III the northern half OF the country.
From the south the first distinctly un-
favorable advrces received for some
time past come as a result of the heavy
and continued decline In the price of
cotton Trade comparisons with earlier
Years favor the present season. as may
be gathered from the exceptionally good
railway earnings. returns and the enor-
NOUS increase in clearings some Of
which are no doubt explained by the
preparations for large financial opera
tons and the builisil securities. South
western advices are especially cheerful.
and farmers in that section hope to re-
peat or even improve upon the good re-
suits of last year.
Textiles are still the sore spot in the
trade situation. Cotton is half cent
lower on the week. 2aa cents below the
top of the rise last year and 1ss cents
below n year ago. For the first time in
months the southern trade advices are
Oppressed. Cotton goods are depressed
and price cutting is the rule. but signs
of Improvement are to be found in the
agreement OF the Fall River mills TO run
half time for the next two months, and
thus keep 100000 pieces of print cloths
off the market. Wool strengthens as
cotton weakens. Old lots Of wool are
Well closed out at Boston. Prices are no
higher, but cut prices are no longer evil
dent. Silk goods are the best situated
of ALL and the raw silk market is
healthy
Iron and steel are strong and even
Euoyant, but, as in times past. the
western trade displays the greatest ac-
Itivity and the most strength, while the
eastern markets have rather Jagged be-
hind. Chicago and Pittsburg display
ereat animation, and central western
mills are crowded with orders Fur
iiaces are sold ahead to July and
| / rompt deliveries command a premium.
This weeks coke production is the larg-
est of the year and higher prices are
predicted. Ore will not seell much low
cr. the buying of the leading mines by
1.-the great steel combination being a
supporting feature. Export business is
lcuiet, but enterprising Americans are
still, securing fair orders for finished
material, notably rails and Structural
work. The other metals are fairly
steady except tin, which is slightly
llcwer.
War talk induced some short cover
ing In wheat this week, and -four
strengthened on better demand. but
crop reports We're in the main favora-
hle. Corn has been in good export de-
rand but is held down by increases in
supplies weather at the west Keeping
good. The strength of hog products and
higher prices for live hogs has resulted
| in talk Of a corner being worked in
May delivery at Chicago. Present
prices are the best recorded for wears
EAST. Sugar has shown some recupera-
Tive strength. and fractional gain is
noted after the late marked decline.
| Returns from sample orders of shoes
are coming In good number at Boston
and help to dispel whatever uncertainty
may have existed among manufacturers
as to the outlook. Shipments are in
creasing those for the week exceeding
last week and a year ago. tho still near
~ 10 per cent below year ago for the
season Heavy feathers are In good de-
Enand at all markets, and light weight,
tho quieter are not accommodating. Fin
ished splits are up half cent to meet
the advance In rough goods OF six weeks
ago. Kanraroo finished are strong. Ell.