Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-01-18
TRADE HOLDS ITS OWN
Lower Prices Have Not Weak.
ened the Trade Situation
Says Bradstreet.
Dunn Reports Business Condi-
tons Sound..Distribution
Is Liberal.
Northwestern Advices Are Par.
ticularly Good :. Iron and
Steel Lead Industries.

! New York, Jan. Is. - Bradstreeti
Weekly Review of Trade today says:
THE usual January thaw' in price
arrived this week and securities, fooc
products, particularly the cereals, porl
and dairy products, coffee and suga
among the groceries. and copper amons
the metals, have all weakened and CLOSED
lower on the week The causes for thi.
movement have been in many case!
technical, but the general trade situa
ton has not, on the whole, been weak
ened. If anything, in fact, improvement
may be expected to follow, a striking
example of this being in the cereals
High prices had killed off export trade
but this seems to have revived this week
on the decline. In distributive trade the
situation has certainly improved. A
larger spring business has been done or
cotton and wooden goods. Advices from
the west are of an enlarged spring job
bling business and collections remain
satisfactory. Northwest advices are
particularly good, agricultural nipple
nents and dry goods being ordered and
shipped in large volumes. More Is DO
ing in leading eastern textile markets
prints and ginghams moving well with
jobbers, while good business is also
reported in wooden goods, tho the new
prices made are rather lower than ex-
pected. Among the industries, iron and
steel are still easily fret in the volume
CT new business and in production, althc
the car shortage Is shown to have mate
rally reduced the December output OF
Rig iron. Sales of the latter this week
have been very heavy, fully 100000 tons
having been taken. Prompt deliveries
command premium. and the same IS
true of steel billets Conservatism In the
matter of advancing pig iron prices is
still noted. Finished products tend
higher. Copper has been cut TO the
hone this week and II cents is the nomi-
nal price, but claims are made OF sales
as low as 10ls cents without any partic-
ular Improvement in demand reported
altho exports are large. The boot ana
shoe industry looks forward confidently
to an active spring business. 1t is gen
orally expected that prices VIII go nigh
or. The cereals have been active and
excited, liquidation by disappointed
longs was feature early, and prices
c-umbled, aided by the suspension of a
prominent western operator and bear
rumors of further troubles. Unsatisfac-
tory wheat crop advices, not enough
moisture being reported at the west and
southwest, were the sustaining featur,
later, but the main element seems 10
have been the reawakening of better
export demand for wheat at the lower
levels. Flour acted in sympathy with
wheat and here also a better export
demand appears to have been evoked.
Corn and oats went off in sympathy,
but these cereals are still above export
levels. Wheat. including -four. exports
for the week aggregate 4,69020 bushels.
as against 1861 10 last week and 1885,
054 in this week last year. Wheat ex-
ports from July to date twenty-nine
weeks) aggregated 15s.oo4,473 bushels. as
against lo6, 1853, 694 last season. Corn ex-
ports aggregate 29s,o93 bushels as
against 1858 last week and 5.ls455o
last year From July to date corn ex-
ports ar. 2l.255,7!7 bushels, as against
107. 1870. $50 last season. Failures for the
week number 291, as against S46 last
week and go in this week last year"