Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-07-12
GOOD TRADE OUTLOOK
Despite the Floods. Heat and
Strike Business Continues
to Improve.
General Prices Are Maintained
and Speculation Has Become
More Active.
Corn Prominent in the Market
Increased Railroad Earnings
Fewer Failures.

New York. July -Bradstreet's
Weekly Review of Trade today says:
Warmer and more settled weather in
many sections has helped seasonable
ltrade and made it possible TO ascertain
that the earlier reports of grain crop
damage from rains We're rather exag-
serated. Among the indus trials iron
and steel still rank first in activity and
the chief source OF complaint is the
scarcity of coal and coke. limiting pig
iron production a critical period. The
labor situation has rather improved ii
anything. Railway earnings thus far
reported for June (the anthracite roads
excepted show an aggregate gain of
s per cent on last year. and all reports
as to probable crops and trade point
to the maintenance of heavy tonnage.
The strength of food prices, particu-
larly of cereals and meats, is based on
small Immediately available supplies
rather than fears of possible future
shortage. Except for wheat. highest
prices paid for ten to twenty years past
at this time are being paid. Textiles
and other manufactured goods tend
lower and thus affect the general level
of values The ability to pay the prices
ruling in the past year is one OF the
best evidences of the prosperity pre-
vailing among all classes. y further
light on this matter is shed by the re-
ports from all parts of the country of
enormous passenger traffic by rail and
water during the first week of July.
Failures are down to a low summer
minimum.
1t is a significant fact in view of re-
cent crop damage talk that the gov
ernment report for July shows that
winter wheat oats. barley, rye and hay
all improved in coalition during June,
and spring wheat alone lost trifle.
The agricultural department report is
taken to indicte not far from $780,
O00. 900 bushels of corn, a total never
reliable stimated. The wheat
crop, despite drawbacks. promises to
be one-tifth above the ten year aver
age. ard the indicated oats production
has never yet been equalled. The bar
lev. rye, potato and fruit crops all
promise better than a year ago.
Trade in seasonable goods at whole
sale has been restricted, but warmer
WettHeL iiiS LCiPeu iceslii
business Fall business has been of |
god proportions at the west and cloth
ing and shoes have done especially we'll |
at ST. Louis
Shutdowns of Schuykil. Lehigh. Ma
honing and Shenango valley furnaces
because of lack of fuel reduce the VOL
unle of iron production.
Rails are in unprecedented demand
and 80 per cent of the countrys pro- |
duction for next year has already been
arranged for. In structural shapes and
other heavy forms also demand is eager |
and six months production is easily on
the books. Hardware is in active sale.
Cotton goods are quiet at the east.
The eastern wooden goods shape. Lum-
bere is rather less active. Preliminary
returns of export trade for the fiscal
year show the smallest exports of
for four years past. Pro-
visions shipments have broken ALI rec
ords.
Wheat. including flour, exports for
he week ending July 10 aggregate A.
l04. 115 bushels. against 3.211,215 bu-
shells last week and o.o16194 bushels
his, week last year. Wheat exports
since July 1 aggregate 6,009115 bushels.
against 7541.241 bushels last season.
,orn exports aggregate 1s5,1S1 bushels.
against 1850 bushels last week and
:. SO0,13S bushels last year.
Business failures for the week num-
Der 1875. as against 1873 last week and
90 in this week last year.