Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-08-09
Farm OUTLOOK BRIGHT
Bumper Crop Prospects Out.
weigh Depressing lnflu-
ences OF Labor Troubles.
Dealers Everywhere Preparing
for Heavy Fall Trade Many
Future Contracts.
Last Years Scarcity Expected to
Keep Prices on Farm Pro.
ducts High.

New York, Aug. Or. G.. Dun ~ CO. 5
Weekly Review of Trade today says:
Bright prospects in agricultural sec
tions far outweigh the adverse lnfiu-
ence of labor disputes which are still
Iretaroling trade and manufacture. Con-
itidence in the future is mistaken, deal
ers everywhere preparing for heavy
fall trade, while contracts for distant
deliveries run further into next year
\ than is usual at this date. Activity has
been noteworthy in lumber regions, and
fish packing made new records. Rail
way earnings are fully sustained the
latest returns showing an average adj
vance of SO per cent over the cor
responding time last year and Els per
cent over 1900.
| Aside from the fuel scarcity and
some congestion of traffic, the iron
and steel situation continues propit-
ious.
Hides continue their upward move
ment, many grades gaining another
good fraction. Both domestic and for
eign hides snare the better feeling, the
former being at about the top record.
Dry goods buyers are coming into
this market to considerable extent,
without placing orders of any size.
Cotton goods exporters are practically
out of the market, prices in China be-
ing below the point where the profit is
possible. a few lines of cottons are
fractionaly lower, and further declines
are possible. Raw wool is fully sus-
he
age OF one hundred grades showing a
gain of nearly Il cent as compared
with the level on May 1.
Splendid growing and harvesting
conditions have prevailed in most sec
tons of the country, especially where
the large and important crops are rails
ed. 1t is now almost certain that the
agricultural returns will be far above
the average as to quality, while the low
stocks at the opening of the season
are calculated to sustain prices and
there is little prospect of a return to the
low quotations of preceding years of
bumper production.
Foreign commerce at this port is still!
less favorable than i'll the same week
last year, exports declining $3,115.69o.
while imports increased slightly. Fail
ures for the week number 1875 in the
United States. against 173 last year and
ii in canada, against 81 a year ago.
Bradstreet's today says:
Advices from the boot and shoe trade
are irregular Business at the west is
active and at Philadelphia the jobbing
trade is brisk and manufacturers are
busy in orders At Boston shipments.
~. s-tt f.,
below those of last year, the decrease
being fully - per cent. Leather and
hides are very active. however, and
skins of all kinds are taken as fast as
received Tanners are reported more
active than for some time past. Belt
ing butts have advanced and higher
prices for leather products seem prob
able.
The weight of imported iron is press
ing on domestic sentiment. tho no per-
ceptible effect is yet seen on prices for
pig iron. which is still in active request
for next years delivery.
Structural metal is active at Chica-
go and at Pittsburg, where sales have
been very large this week. Hardware
has had no dull season this year. and
business is active as ever. Western
machinery manufacturers are reported
crowded with orders.
Wheat including flour exports for
the week ending August aggregate A.
pa. 1868 bushels, against 4,3SS,534 bu
Shells last week and S.S31,199 bushels in
this week last year Wheat exports
since July aggregate 22,39S.203 bu-
shells, against 35,o32,2337 bushel last sea-
son.
Corn exports aggregate 7o.611 bu
shells, against 2S.405 bushels last week
and 99,714 bushels last year. For the
fiscal year corn exports are 55S.421 bu-
son.