Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-06-22
BUSINESS FEATURES.

Unseasonably low temperature, to-
many points. have retarded the distri-
button of merchandise. Taking the
country as a whole, however. the net
result has been satisfactory, better crop
prospects accelerating forward bust
ness and charging order lists of manu-
facturers. A new disaster by the ele-
but the floods subsidized at st. Louis,
where industrial plants are resuming
and traffic is rapidly being restored,
Mail and other interrupted orders are
coming forward freely, farming opera
tons are pushed with renewed vigor,
and normal conditions Will soon exist.
the conflict between labor and employ
ers, and new controversies have oc-
CURED, but many settlements We're ar
ranged and others are in progress.
Trade In Pennsylvania has improved
thru the removal OF anxiety regarding
the threatened suspension of work in
the anthracite region. Collections at
many points are more prompt Pay
ments thru the clearing house at New
by 1913 per cent, altho compared with
1901 there was a loss o. 16.2 per cent
owing to exceptional speculative activ-
lily two years ago. Al other leading
cities there were gains Of 81 and ST.
per cent respectively. Railway earn
ings thus far reported for June exceed
last years by b.S per cen. and those of
1901 by IA. per cent.
Conditions in the iron and steel In
dustry are sufficiently confusing to pre-
vent any definite tendency, altho fac
tors calculated TO produce weakness APP
pear to preponderate. Uncertainty as
10 the future course CT prices of iron
and steel products has become gener-
ally acknowledged, and even experts In
the industry hesitate to express a de-
cided opinion. Latest reports of inn
ports show large decrease. except as
10 ore. While the export trade in fin
ished steel tends 10 expand.
At the cotton mills there is fair cur
rent activity. altho spnners whose
stocks of raw materia! are low have
not only ceased 10 seek business for
future delivery, but refuse to consider
propositions. or else place their figures
at a prohibitive position. Lower grades
cf lightweight woolens 'or next spring
have been opened at advances of ~ to
. cents a yard. Duplicate orders for
heavy weights are moderate in size.
buyers covering immediate needs only.
Reports regarding the footwear indus
try are satisfactory. New England
plants are well employed and supple
mentary orders are coming forward.
Official and other returns for the
week make The crop outlook somewhat
more encouraging on the whole. altho
weather conditions have been disturb
ing al many points, and insects are
wheat has begun in the southern states,
while very favorable dispatches are re-
ceived from Manitoba. Branch offices
of r. G. Dun & Co. in til, leading corn
section report situation that may
readily become very satisfactory after
:. period of high temperature. Receipts
CT wheat for the week were 1,s2S,SSG
bushels, against 2,541,2o last year, and
Of corn 3,220,0S6 bushels, compared with
2259,3S1. Total exports of wheat and
flour from all ports of the United States
were 2,SOa,o02 bushels. against 2,3S0,
426 last year.
Foreign trade Is remarkably well
maintained, considering the numerous
factors that operate against it. Artlfi-
c:al stimulation to the importation of
iron and steel and kindred products
thru abnolmally high rlices has been
removed, and the sumt1er season also
initiates against activity in many lines
of imported goods Exports are also
adversely affected by the violent rise in
cotton, in addition To he persistently
firm position of meats and the unsatis-
factory port receipts of grain, both as
to quantity and quality. Nevertheless,
imports during May were valued at
S7S 935. 143. which SURPRISES the corre-
spending month In any other year ex-
Cept 1897 when peculiar conditions
swelled the movement ard rendered In
telligent comparison impossible. EN-
ports in May were valued at sl0050S,-
O51. which is only abou. S2000000 less
than In the same month last year, While
the total of both exports and imports
exceeded the foreign trade in May. 1902.
on merchandise account alone this ma
lions favorable balance in May was
s21 1908. or about 5000 600 less tnan
i year ago. but including the specie
movement there was net balance of
S35. 133. SEQ. over $4,000, 0Op more than in
May, 1902.
Liabilities OF commercial failures
thus far reported for JGre aggregated
$4,531,1S3, of which s1,2S7675 We're in
manufacturing, s1.642,9a5 in trading