Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-02-08
GOOD TRADE OUTLOOK
Developments in the Business
World Have Been Favorable
This Week.
January Trade Equals Ii Not
Excels Records OF
Year Ago.
Severe Weather Has Been the
Only Drawback Prices
Somewhat Lower.

New York, Feb. s. = Bradstreet
Weekly Review OF Trade todays says
Trade developments this week nave
been largely favorable. All the meas
,,res of legitimate trade point to Janu-
ary euualing in most respects ana eA-
cceding in many. the records OF year
ago. Failures, it is true, were larger
in number but the increase was all at
the south, from which trade reports
have been poor but show a slightly
more hopeful trend since cotton has
taken it's move upward. The. general
level of prices moved slightly down
ward during January owing to lower
and hog products and a heavy decrease
in crude rubber and some chemicals.
Most of the decline in fcod products
has been recovered since Feb. l. Inc
close of the week finds confident
feeling prevailing in nearly all lines OF
distributive trade. features In which
have been the enlarged buying by
southern and southwestern jobbers at
Chicago and other western cities. The
southwestern drouth has been entirely
broken by the additional snowfall. De-
mand is again passing production in
iron and steel There is virtual fam
inc alike of crude pig iron and of fin
ished products of steel. Extremely cold
weather and SHOWS have hampered
merchant iron furnaces in western
Pennsylvania and some have been
banked. Pig iron sales in January at
Pittsburg were the heaviest in any
month for a year past. Premiums OF
SO cents per ton on pig iron are paid
cast and west, a southern railway has
gone abroad for Its steel rails. Cana
dian steel billets are reaching Pittsburg
and q brisk importing movement Is
looked for. This has promptly been re-
Elected in advance at foreign markets.
Hardware is active at nearly all the
markets. Copper, after its excited fall
and no less excited rise. has steadied
at slight advance on last week. Tin
and lead are also higher
The worlds statistics of wheat move
ment have been on the whole rather
bulish this week, and coupled with cold
The volume of business has been of 4
scalping character. however. Toward
the close of the week some export in
quiry developed in wheat. The margin
in favor of the cash article has widened
during the past six weeks and the act
ual stuff is higher than month ago.
Corn and oats have sympathized within
narrow limits. Hog products have adj
vanced with the coarse grains and all
st because receipts of hogs have been
small.
Wheat, -four included, exports for
the week aggregate 4.S00.457 bushels.
as against 3,7o2,3sS last week and
4, 997.S13 in this week last year. Wheat
exports July l, 1901, to date (thirty
two weeksl aggregate 170.146,977
bushels. as against 119,776,1S5 last sea-
son. Corn exports aggregate 169,145
bushels, as against 427,01S last week
and 2,4S7,7o7 last year. July 1, 1901.
to date corn exports are 22,031, 400
bushels, against 11S,362,o59 last sea-
son.
The bulls in cotton found long
looked for opportunity this week in
the reduced movement of supplies
from the interior, part of which is con-
coded to be due to cold weather. Adj
Strengthening features have
been the cheerful tone of foreign and
domestic trade reports, and the
of print cloths. Buy
ers and sellers of staple cotton, how
ever. continue apart and sales are not
heavy. The contrary is true in the
jobbing branch, particularly in prints
and ginghams. Plain dress woolena
have held their favorable position of
previous weeks, but a strike of a few
wooden mill hands near Providence has
rendered large number of operatives
idle. A good trade in linens and silks
is also reportde at New York. Raw