The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-10-24
CartaiIment az Employment Is
Affecting Busfnesa-
Railroad Earnings Are Begin.
ming to Fall Of.
THERE Is NO ANXIETY
Regarding Legislation at the
Extra Session Of Congress.
Failures Show a Considerable
Increase Over Last Year. !

New York. Oct 2ABralfs1reet,s SAYS
The weeks Developments have
favored an Increase in the cousay-v-z ism
which has ruled IN many lines for some
time Buying IS not 50 confident. zz1d
smaller quantities ara taken than 4
year ago at this time. Actual needs
which after all ara large, and not sz1s.s.--
ulaEzve feeling dominate demand. Good
reports combine TO give an appearances
OF regularity TO general trade as 4
whole Railroad gross earnings are
more moderate than earlier in the year
but Still reflect good gains in the vai-
uEne OF traffic over d year ago. car
shortages ara not complained Of ral1csl
outside the lumber trade.
Season siIutdowns OF outside work
IN railroad improvements. ssaspts,1sst,r1s
Of iron furnaces and copper. coal ana
iron mines have rendered MANY tf1e1-
SANDS OF persons idle On the other
aand- the long standing curtalIrr1esnr OF
cotton mills IS becoming L thing OF the
past and some smut down s1aeI mills
nave resumed
The grocery trade IS apparently as.-
tive Cae country over. with coffee. sl1ovv-
ing most price strength The si1oe trade
tails demand IN sGI11e saeEions Colder
weather Is Needed 20 stimulate retail
demand for dry goods and heavy ciotfI-
ng- Hoiiuay goods ara opening we'll
dI1d Tie ourlook Ii regarded as favor
d1ie Tor this line W0oiens are IN
smaller demand than expected while
4 silg1r gain il noted in clothing. Mild
weather affects the fur trade More g
1olng IN hardware and the 5uihInts
trades ara working into better c0lldi-
ton.
The iron and steel trades 10 not show
mlIcfl. Il any change Prices are weak
Fig iron sales ara OF small lots ia Ill
hand 70 mouth demand. and talk OF a
40 per cent instead Of a % per cent eIlr
N furnace production IS heard II finish
Ell lines mora relative strength IS noted
our demand here II quiet without If
fectlng quotations as seriously as IN
erlIder forms Thera ara signs 8f ii re-
awakening N the export trade"
r G. Dun & Cos Weekly Review az
Trade saws
Numerous labor controversies have
appeared and mora furnaces and mills
have closed the tendency being 70 oper-
aIa onIy the plants provided with the
most modern equipment There IS uo
anxiety regarding legislation at the spe-
elal session Of congress. and despite the
c1rrallnesIt Of acFTvity in many manu-
featuring lines. a Ees1v volume OF BUST
hess Is being transacted. Flour mills at
Minneapolis have fully resumed and a
nesSra lumber mills
" asferu traffic facilities are proving
Inadequate the distribution Of nerci1an-
disc being enormous at the interior
and. taking the country as a whole,
conditions may De considered fairly
satisfactory. although there are incfis-
puEablE evidences that abnormal actzy-
ITy has received a check. JobDing trade
has become quiet with the advancing
season and at many points the weather
Of wearing apparel at retail Cross
earnings OF tl1e railways thus far re-
parted for October s1rDass last yeErs
by So per cant Another general reduc-
ton in Guorgrlnls of pig iron has 0e-
c1I-rett. norvITfl srsflaaiIlg the restriction
1f output and movement is IN foar
% further rafiuce production unless
business improves New orders are few
and limited to Immediate requirements. (
which IS also true on finished steel. Nl6r
1nIy have additional contracts failed 10
be offered. 5lIr cancellations Of cid or
1ers are reported.
Efforts ara being made 70 secure for
siEu trade, with EaIr prospects Of sue
Eess. particularly N several lines OF
nachiuer-- and other high class prod
Icrs- Eank failures N the SiE1sburg
-esiou have added 70 the unsettled con-
Iit1on ct the iron and steel industry.
and the financial si1uation Is largely
-esD0nSibie EGr the DUstDonensnr u
eo11rz5np laEe1 structural work
4 little encouragement WIS given 70
he textile iu6iuSTTy by the placing OF
moderate orders Tor crown zt1aestInl-s 10
- exported. but this Chinese business
3 OF sDecial nature and nor a re-
rival OF ra-uIar trade Tor the east
Otherwise tie cotton goods market IS
Without feature A. 70 wooierls and
vorStesis. Il slight increase in orders IS
l0ued- Clothing mauufaer1rars ara NOT
Eeeki1g w8Glen Goods and there IS still
I pressure . sell xorstasfs that makes
lr1ceS Irregular silks ara weak and IN
Let1ve- Large contracts have been
laced for sz7Ting shipments Of SHOES
Lzlu prices ara somewhat zrrner on a
ev lines while others ara steady and
i'm N tone Eeavy hemiBck sole
Gather IS strong cut other grades de
line N respgnse 10 the general weak
ieSs 0f domestic hides
Failures THIS weak number I'D in the
1lrett States. compared with 20 last
'elT, and IN Canada IS. against .
ear an