Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-03
Larger Foreign Interest Mani
tested In Farm Products
Trade Reports Vary
in THE DIFFERENT MARKETS
overproduction Affects
Iron and Steel Industries-No New
Features in the Dry Goods Market
The Wheat and Corn Exports-Busi-
ness Failures for the Week.

New York, Oct. 3.-Bradstreet's
weekly review of trade today says:
Mixed trade and crop conditions
still present themselves, although some
Improvement In tone is noted where
crop estimates. as in the case of corn.
show expansion. Lower prices for GER
eals point the way to future large bust
ness. and induce a larger foreign in
terest in our farm products. Trade
reports vary with sections considered
the best reports coming from the
southwest. the northwest and the Pa
cific coast. Spotted trade reports come
from sections of the middle west. From
the south the reports are In the main
favorable as to trade and collections.
but crop deterioration is widespread,
except from the lower MISSISSIPPI VA
ley Failing prices for cotton though
a hopeful sign for our export trade and
domestic manufacturers do not excite
lively satisfaction among producers
Among the great industries iron ana
steel show the effect OF threatened
overproduction in proposals for ~
per cent reduction of northern furnace
output. rumors of like action by south
ern producers and quiet demand Tor
finished products. Lumber is showing
a ssasonabe quietins down, and some
weakness in white pine is noted at The
west. though aside from leading east
ern centers, the building trades are
still active. The shoe manufacturing
trade has been and is doing good
business and eastern shipments are
still ahead of last year, though the
margin of gain tends to lesson.
really favorable feature this week IS
the Improvement of collections west
and northwest, the reflection Of the
beginning OF the movement of delayed
crops to market
Wheat, including -four, exports for
the week ending October l. aggregate
4.0S2,6S1 bushels against 3ooo,430 last
week. 6,S7057S bushels this week last
year. 6.195.749 in 1901, and 4.450.16I in
1900. For thirteen weeks of the cereal
wear they aggregate 40,297,362 bushels
against G5ST9.T15 in 1902: s0,322So4 In
1901. and 43,l93.s35 In 1900. Corn ex-
ports for this week aggregate 1,123,sIl
bushels against 1920 last week; ILL.,
1923 a year ago, aO7,924 in 1901, and p
3s4.o49 in 1900. For thirteen weeks OF
the present cereal year they aggregate
12.729.122 bushels, against 1.133.250 In
1902. 12,132,6l6 In 1901. and 4O,697367
in 1900.
r. G. Dunn & Company's weekly re-
view OF trade tomorrow will say
"Aside from the reduction in blast
furnace activity. manufacturing plants
are more fully engaged. ard several
encouraging reports are received, par
ticularly as to footwear. wholesale
and jobbing trade is we'll maintained.
many cities reporting larger volume
than last year. Railway earnings thus
far available for September exceed
those of 1902 by S.4 per cent and sur
pass earnings in 1901 by 1873 per cent
1t Is practically certain that re-
duction of pig iron output will be made
averaging about 90 per cent, and this
concerted action to prevent accumula-
ton of stocks has already had senti-
mental effect on the market. Urgent
requests for immediate shipments OF
new orders testify to the pressing
needs of consumers who have allowed
supplies to fall very low in anticipa-
ton of better terms. The week has
brought few changes in quotations
The dry goods market presents no
new features. Production increases
as the mills are able to secure cotton.
and there is an impression that stocks
Will soon be so low that purchases will
be compulsory. Woolens are steady
but quiet. and worsteds are dull with
more idle machinery. Carpets are
strong and in short supply. Buying of
wool is limited to immediate needs. No
diminuntion is reported in the activity
of shoe factories. especially as to heavy
footwear which is delivered about a
month late.
Failures this week In the United
States number 226, against 232 last
,yaaIy