Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-08-03
BUSINESS FEATURES.

financial institutions regard the receh
snscu,ative COLLAPSE. There Is no indi'
cation that the brokerage failures OF
the severe decline in prices Of secufi'
ties were extensively felt outside o
tWall street. Much more harm has peer
dome to the country's manufactures ahc
trade by the inflated prices of cottoi
than by the depression N stocks. Re'
Iports are almost, unanimous as to the
heavy distribution Of merchandise, ane
this is shown statisticaily by the IN
crease in railway earnings thus far re-
ported for July, 1875 per cent over las
wears and 231 per cent above 1901. AZ
the farm products begin to move there
are signs of pressure on Transporting
lines altho no serious reports of delay
emanate from any section except ths
southwest, where facilities We're dam
| aged by floods. AS rule retail trade
lin summer fabrics has continued heavy
and iobbers report fall business open
ling well. Dry goods stocks in the
Hands of retailers are light. Philadel-
| phia reports lumber receipts mucf
heavier than a year ago, the WOOL mar
|ket strong, but the wall paper output
reduced. Labor is we'll employed thru
out the country, except where Volun-
tarily idle, and this factor is less dis-
| turbinE. Agricultural news is faVora-
bic. not more than the customary re-
ports of damage by weather and IN
scots being received. Foreign trade is
maintained. both exports and imports
from this city showing gains over the
corresponding weeks last year. Stocks
rallied moderately, investment pur-
chases increasing at the attractive quo
| tations prevailing. Bank exchanges al
this city for the week were 11.3 per cent
smaller than last year and 15.1 per cent
larger than in 1901.
| Moderate Improvement Is noted IN
the tone of the iron and steel industry
| One Of the best features Is the DISPOSE
ton TO disregard the course OF the Sc
curity market, which has been pow
erful factor in unsettling the industry
Textile industries are still waiting fol
reimbursement or evidence of perma-
lnence in the present position OF prices
for raw material. That there is no con-
] .;l H., Snf
quotations for cotton is clearly demon
strated by the attitude of cotton goods
ibuyers. Aside from few of the high
est grades, new lines of light weight
woolens for next spring are fully
opened. Prices are about the same as
a year ago, despite the firmness of the
raw material. Buyers are numerous IN
the leading markets, taking WOODEN
goods freely. and showing preference
for the fancy grades. Footwear facto-
ries are crowded with work, orders
coming in briskly for fall goods. and
western jobbers have placed additional
contracts for next spring. Buyers In
1.-THE Boston market are often unable to
secure deliveries on time. Hides again
average much lower, and this continued
weakness encourages shoe manufacture
ers to postpone purchases of leather In
expectation of better terms, without
success thus far. however.
/ Weather reports and dispatches re-
garding the prevalence of insects are
closely watched, for much depends up
| on the harvesting of an average yield
of the great staples. Dispatches from
correspondents of r. G. Dun & Co. in
all sections of the country indicate that
the outlook is better than usual, altho
il is certain that as to both corn and
cotton the crop will average much later
than customary. This does not mean a
PRODUCTION in quantity unless severe
weather should come early, and mean
while period of dry, hot weather is
already making up part Of the lost
time. Needed rain has fallen in several
important states, and news from the
flooded districts at the southwest is es-
pecially encouraging. Grain crops are
not coming to market freely, receipts OF
| wheat amounting to only 3,712,69S
| bushels for the week. as compared with
7,A50.907 bushels a year ago. The total
wheat exports from the United States,
flour included, were 1,264,27S bushels
against 3,041,577 last year. Western
arrivals of corn amounted to 2,0S3,O02
bushels, compared with 1,7S7049, while
exports from the Atlantic coast were
S7G,703 bushels, against 42,047 a year
ago, when the movement was abnor-
mally light, even for that exceptional
season.
| Liabilities of commercial failures
thus far reported for July amount to
SS.T50.9S6, OF which $5.167,255 were In
manufacturing, $2,7S6,99O in trading
and $796,741 in other commercial lines
Failures the past week were 100 In the
United States, against 1873 last year
and nineteen in Canada. compared with
eighteen a year ago.
| BhiOusness is caused by a lazy liver
makes you cross. Rocky Mountain Tea