Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-06-15

| sence of bargain sales. Baltimore re-
ports the usual summer dullness in
| wholesale business, but manufacturers
are busy and collections are prompt eN-
cept where affected by foods. Scarcity
oil labor causes the accumulation of or
Gers with carriage builders at Philadel-
| phia, textile plants are resuming, and
renewed activity is anticipated in the
building trades. Disorgaaized mail and
railway facilities have restricted orders
at Chicago. but crop prospects have i'm
| Manufacturers are busy, but structural
Operations are not resumed as extern
isively as expected. Earnings of rail-
roads reporting for the first week of
June are only 3 per cent larger than
| last year and IS per cent greater than
! in 1901, a condition due entirely to
| York for the week surpassed those of
! 1902 by $50 per cent, but We're Ill per
cent smaller than in the same week two
/ years ago. AT other leading cities there
We're gains of 90 and 81 per cent, re-
spectively.
| That furnace stocks II pig iron in
creased only 10000 tons last month de-
| spite the unprecedented output. testi
fies to the great consumption of the
Istee industry. Quotations are without
alteration, altho much business is de-
| layed by labor troubles. In case of a
general settlement of these conflicts
there would be a resumption of work
| on many buildings, and, including the
| requirements Of railroads, heavy ton
mage would be sought. 1t is an evidence
of confidence in the future that BIAS
furnace operators are forcing produc-
ton beyond all previous maximum fig
ures. While the demand for structural
steel has diminished, the4e is a notable
and hardware lines are doing remarka-
bly, we'll for the season, which is usu
Tally quiet in these departments. Coke
ovens are surprising ali previous rec
ords for activity, and the output of an
ithracite coal promises 10 establish
new high-water mark tls year above
so, 100000 tons.
In SO far as market conditions are
concerned. carpets are the most salts
factory of the textile products. Foot
wear conditions continue most prosper
Gus. Business is especially active III
heavy shoes and patent leather lines,
prices ruling firm and forwardings from
New England shops running ahead of
all previous years. AS initial orders
have been placed with conservatism.
there is a prospect of liberal supple
mentary business. Leather and hides
are strong and active.
As the season advances the condi-
ton of agricultural undertakings at
tracts more attention and exercises
much influence upon trade and finance.
1t is essential TO continuation OF ma
t.onal prosperity that at least average
crops of the great staples shall be har-
vested. Consequently th5re is much
encouragement in the latest official re-
turn of condition. which indicates a
Yield of about 7Se.000,oOo bushels or
wheat. While this is smaller than the
May estimate. il still surpasses all rec
ords, and only one 9th II year exceeds |
the Indicated yield of oats. There is
still much uncertainty regarding the
production of corn and cotton. Floods
and other disturbances OF the elements
covering for short contracts carried
July cotton above all recent records, and |
spot middling uplands reached the |
highest price FOR two decades, with the
single exception of one year when the
crop was only seven million bales. |
Western receipts of wheal for the week |
We're l945,973 bushels, against 2163,-
$50 last year, While exports from the |
United States were 305S,719 bushels, |
compared with S,2s2.s7s bushels last
year. and exports of corn were 765,344
bushels, against 71,021.
Liabilities OF commercial failures for
the first week of June aggregated ST.
51l,450, of which s591, 4o3 were in man
ufacturing, s7S7,SS6 intrading, and
sl32, 161 in other commercial lines. Fail
ures this week were 2l, in the United
States, against 49, vast year, and four
teen in Canada, compared with twenty
year ago.
IOWA OPINIONS AND NOTES.
The Glidden Graphic rather enthusi-
IN