The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-07-23
LOOKS BRIGHTER.
Scare About the Crops Has
About Disappeared.
A Good Fall Trade Is Now
Anticipated.
RAILWAY EARNINGS.
Jay EARNINGS.
Are Much Better Than Expected
Earlier I'm the Year.
May Show Heaviest Volume
Gross and Net Ever Recorded.

New York, July 23.-Bradstreet's
says:
| strengthens belief in favorable fall
trade following the present season OF
comparative quiet and inactivity.
Among the industries quietness and
even dullness is still the feature, but
rather more is doing in the leather
! trade, foreshadowing later develop
| ments in the shoe business, AMI the
! production of iron and steel is being
| steadily curtailed, with a resulting
| firmeT tone to pig iron prices. Sew
| eral basic industries still show little
| tendency to revive. Notable among
| these is soft coal mining, which is
very much depressed, and it is to be
noted the demand for anthracite is
not so active as heretofore
Railway earnings finished the fiscal
year much better than earlier ex-
pected, and it is probable they will
show the heaviest volume of gross
and net ever recorded.
Warm weather helped trade as a
| whole, and has facilitated bargain
sales, which have been a feature at
a number of cities.
Business failures in the United
States for the week ending July 81
number 100, against 2O3 last week,
1873 in the like week in 1903, 17S in
1902, 179 in 1901 and 1873 in 1900.
In Canada failures for the week
are 19, against Is last week and 20
in this week a year ago.
Wheat, including flour exports. for
the week ending July q aggregate
1.2s1.5o1 bushels, against lap, 49s
year, 3.9sO.96 in 1902 and 6,974,526
in 1901. From July I to date the ex-
ports aggregate S,572,909 bushels,
against s.S15.745 last year, 12.161,3O6
in 1902 and 17,212,555 in 1901.
Corn exports for the week agre-
gate 706,672 bushels, against 574,972
last week, 1,501,33 a year ago, 49,
Gil in 1902, and 1,155,276 in 1901.
From July 1 to date the exports of
corn aggregate 1,S94.7o0 bushels,
against 4,428.S26 in 1903, 3s5,321 in
1902, and 5,6T0,095 in 1901.
As Dun & Co. See 1t.
New York, July 23.-R- G. Dun &
Co.'S Weekly Review of Trade says:
Encouraging factors predominant.
Little definite increase is seen in the
distribution of merchandise, but de-
velopments of the past week promise
better things in the near future, the
most important influence for good
being brighter crop prospects. For
the present the best news is from the
large cities where warm weather hEas
stimulated retail trade Jobbers ~
port that orders from agricultural
communities are better than from
manufacturing centers. There are
still many complaints of slow coliec-
tions. In the principal manufacturing
branches there is till much idle ma
cEinery, and especially at cotton
mills and iron plants, while most win
dow glass producers Will not resume
until September. Reports of railway
earnings for July so far show only
a small loss of LIS per cent, as COM
pared with the same period last year.
1t is gratifying to note in dispatches
from iron and steel making centers
that the decline in quotations has
cea sed, and consumers are making in
quiries which promise to result in
cor siderable business. Hides were
strengthened by the packing house
difficulty, particularly July saltings, of
which the supply is small.
Failures of the week number 213
in the United States, against 191 last
year, and 20 in Canada compared
with 10 a year ago.