Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-04-19
WEATHER AND iRD[)[
Prices Have Been Affected
Largely by the Changing
Weather Conditions.
Continued Cold Weather and
Lack OF Rain lnjuring the
Wheat Prospects.
Activity in the Building Trade
One OF the Remarkable
Situations.

New York, April 19.-Bradstreet's
Weekly Review of Trade today says:
Weather conditions have operated ir-
regularly, affecting prices of staples on
merchandise thru regular channels but
rot in all cases, however, unfavorably.
Continued low temperature and dry
weather have lessened confidence in a
bumper yield of winter wheat and Civ
en- the crop killers an opportunity, as
shown in higher prices of all cereals.
Prices of provisions of all kinds but
particularly beef, hog products and
butter, have been advanced ostensibly
ceipts Cattle and hog prices at Chi
cago are the highest reached in years
and receipts are the smallest.
| The basic features in general indus
| try remain favorable as heretofore.
| Nothing like the present activity in
building is recalled for al least a decade
past, and lumber and kindred materials
are active at most markets. 1t has been
| a weather market for the cereals with
| the general tendency upward on poor
| crop reports from the southwest and
| light receipts. The imposition of the
export duties by the British govern
ment had only momentary effect here.
This country supplies two-thirds of the
| United Kingdoms takings of leading
| cereals. Corn and oats have advanced,
partly in sympathy with the premier
cereal and partly because of continued
| light receipts and depite the reports
that the bull syndicate has liquidated
on the recent advance.
Iron Consumption at Maximum.
Production and consumption of iron
and steel are apparently at the maxi
mum. Current quotations of pig iron
prices are not Indicative of real condi-
tons, as premiums of 81 to SO per ton
are readily paid for prompt delivery.
Taken as a whole, actual pig iron quo
tations are 81 per ton higher than a
week ago. The scarcity of pig iron i'm
proves the demand for scrap materials,
sales of which have been large. Hard
ware is in active demand, builders ma
terials especially SO.
The strength of raw cotton-it is 1sc
up on the week-and recent advances
in wages make the strength in cotton
goods. The market is dull at New
York for immediate business, but
large business has been booked for fall
delivery. The unsatisfactory position
of the yarn trade lends interest to the
talk of a combination of southern pro-
ducers. The strike at eastern wooden
mills imparts an appearance of irregu-
larity to that industry and to the raw
material which is quoted lower on the
week at Boston. but which receives
support from the small supplies avail
able and the fact that new woods are
still one cent per pound higher than
year ago. The shoe and leather mar
kets are dull.
Failures for the week number 1913 as
against 1s2 last week and PIP in this
week last year.
Wheat including flour, exports for
the week aggregate 4.11S,10S bushels, as
against 3,S42,012 last week and 5.306,217
in this week last year. Wheat exports
July !, 1901, to date forty-two weeks)
aggregate 206.S06,07S bushels, as
against 166,333,935 last season. Corn
exports aggregate 400.273 bushels, as
against 1856 last week and 2,136,401
last year. July l, 1901, to date corn ex-
ports are 25,O23,999 bushels, as against
51,717,163 last season.
Weather Conditions Favorable.
r. G. Dun & Co.'S Weekly Review of
Trade today says:
Weather conditions have been potent
for good during the past week. Re
tail distribution was greatly acceler-
ated, which in turn enlarged jobbing
trade and brought more pressure on
manufacturers for prompt shipment;
agricultural work was facilitated and
building operation made rapid prog
ress; traffic increased at the interior
as the condition of country roads i'm
proved, which made collections better
Some labor controversies We're settled
and others averted. Complaints are
still heard regarding tardy deliveries.
but freight is less congested, and BUSH
ness has increased to the extent of SO
per cent larger railway earnings for
April thus far than last year, and 1913
per cent over 1900.