Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-11-21
1HE WORLD Of TRADE
Cold Weather Stimulates Trade
Threatening Industrial
Factor Removed
FARMING INTERESTS FLOURISH
Satisfactory Prices are Demanded for
Surplus Products - Mining Com
panes Restricting Production in Or
der to Maintain Prices - Wheat and
Corn Exports for the Week.
New York, Nov. 21.-Bradstreets to-

New York, Nov 21.-Bradstreet's to-
day says:
Cold weather over the greater part
of the country has greatly stimulated
trade and quickened jobbing demand
in seasonable lines. In some sections
inquiries for holiday goods exceed last
years, the feature being the high grade
of materials taken. Interior retailers,
helped by propitious agricultural con-
ditions, are reported meeting obliga-
tions more promptly. Farming inter-
ests are apparently in good financial
condition, an inference that seems to
be evidenced by the fact that they dis
play unwillingness to part with their
surplus products at anything less than
what they deem satisfactory prices.
though the movement of currency to
the interior continues, but on smaller
scale than for some weeks. Southern
conditions are especially good.
Railway earnings are still good, the
increase in gross receipts for the first
half Of November being 51a per cent.
While the foregoing are the favorable
developments of the week the fact must
not be overlooked that labor troubles,
the gloomy outlook for building, the
closing down OF iron and steel mills,
blast furnaces and leather tannaries
and the continued hesitancy in the buy
ing OF practically all commodities, are
factors that mark the Industrial as well
as the commercial fabric.
1t is buyers market in iron and
steel and kindred products, with the
general tendency toward a lower price
level, but quotations have not exercised
much influence on purchasers, who
seemed disposed to look for further
concessions. Demand for anthracite
coal Is light, and mining companies
are restricting production In order to
maintain prices. The output OF bitu-
minous coal is very heavy.
Not much Is being done in wool.
Clothing manufacturers have done a
fair volume Of business this fall, and
the seasonal BILE weather of the past sew
eral days is expected to have a bene-
fetal influence.
Wheat, including -four. exports for
the week ending November 10, aggre
gate 2.974,277 bushels, against 3,659,s23
bushels last week, 5,277.672 this week
last year, 5,517.930 in 1901 and $685.
296 in 1900. For twenty weeks of the
cereal year they aggregate 64,s76.02S
bushels, against 105.257.326 in 1902.
1876, 1856 bushels in 1901 and 71,273,-
sos in 1900. Corn exports for the week
aggregate 1.s91,625 bushels. against
1855, 2s2 last week. 243.3s1 year ago,
455.5s1 in 1901 and 5,235,56S In 1900.
For twenty weeks Of the present cereal
year they aggregate 72,9s2,594 bushels
against 2,3ss.1s0 In 1902. 17,02s,901 in
1901. and 66.267.26 IN 1900.
Business failures in the United Sta
ties for the week ending with November
10 numbered 22s against $50 last week.
20l in the like week of 1902. 22S in 1901,
215 in 1900 and 2O2 in 1899.
In Canada. failures. is in number,
compared with 10 last week and 10 in
the corresponding week of last year.
Mild Weather Checks Demand.
r. G. Dunn s. Company's weekly re-
view of trade today says:
Labor organizations are accepting
in wages without contro-
versy, which removes one threatening
Industrial factor, and in several
branches of business orders are more
but in the steel industry
there is little expectation Of liberal
buying until 1904. Construction work
is decreasing, despite optimistic re-
ports Of more building permits issued
last month than year ago. Mild
weather still checks distribution of
usually in brisk demand
at this season. whihc is reflected in
restricted activity at wooden and worst
ed mills and clothing factories.
A week has passed without any fur
Their reduction in prices OF iron and
steel, and sentiment in the trade favors
stability at the present position. Mean
while the markets are sought with more
persistence.
Orders for cotton goods increase
gradually, but trade is by no means
active. Export inquiries are more nu-
merous, but actual business Is small.
Wooden goods await the stimulation OF
lower temperature, meanwhile the tone
is not firm. Eastern shoe shops, have
about completed inventories and are
starting on next seasons business.
Failures this week We're 249 in the
United States. against 266 last year
and II in Canada, compared with "a
a year ago.