The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-01-20
OFF WITH A Rush
New Year Opens With Heavier
Volume of Business
Than for the Corresponding
Period of Last Year.
S BACK ON EARTH.
TOpeka's Bank Clearings Show
First Gain in Months.
Once More Requires 2 Figures
to Express Total.

New York, Jan. 2O.-Dun's Weekly
Review of Trade says:
Trade reports are more irregular,
chiefly because of the vagaries of the
weather At some points results are
all that could be desired, the new year
starting with much heavier transactions
than in 1905, but high temperatures and
excessive rains in other localities retard
retail distribution of winter goods, and
it is becoming necessary to reduce
stocks by clearance sales. Open wealth
er is facilitating outdoor work, building
operations progressing at an unprece-
dented pace for the season and the
Construction News reports permits is
sued in 1905 to a value of S528, 1SG, AZ.
which is 40 per cent in excess of the
preceding year.
Official returns of foreign commerce
also tell of new record established
last year, the total December exports
alone rising about $25,OOOoOO beyond any
other month in the nations history. To
some extent this is attributed to the
approaching tariff regulation in Ger
many. For the last week at this port
exports showed an increase of 81 02, 6S3
and imports gained 81. 299, O67. as com
pared with the same week last year
More advances in wages are announced
and an agreement as to coal mining is
more probable, but some reaction is no
ted in the building trades. Manufacture
ing plants make favorable reports, and
especially those of the leading indus
tries, and another new high record has
been established in the security mar
ket. Railway earnings thus far report
ed from January were 40 larger than
a year ago.
Increased supplies have somewhat de-
pressed the tone of country hides, but
packer lines are fairly steady, and no
division of the market has shown a nor
NAL decline in proportion to the season.
able deterioration in quality.
Failures for the week number 2S6 in
the United States, against 335 last year
and 81 in Canada. compared with "A d
year ago.
Bradstreet's.
Bradstreet's says.
Mild weather continues a source Of
complaint by affecting retail trade,
collections and some recorder business
from wholesalers, but cOmpenSations
are found in continued activity in out
door work. activity being particularly
unchecked in building operations, bet
ter than ordinary midwinter transpor-
taton conditions and uninterrupted
progress in all manufacturing lines,
particularly iron and steel.
Increasing production and resales of
Garner purchases OF copper make TOT
weakness in that metal with declines
noted also in lead, and mild weather
tends to declines in eggs, potatoes and
some other lines of country produce.
Summed up. there is undiminished
confidence in an immense, if not in
deed record business for six months
at least, but there is a perceptible in
crease in the stress laid upon the need
of conservatism in speculation.
Business failures in the United States
for the week ending January 8 num-
Der PA against 2S6 last week. S04 In
the like week of 1905, 266 in 1904,
258 in 1903 and 292 in 1902 In Can
ada failures for the week number 36
as against 46 last week and Z in this
week a year ago
Wheat including flour exports for
the week ending January Is are
344S.S62 bushels against 4,768.G62
bushels last week, 1.13S.974 this week
last year. 3,53S,192 in 1904 and S,528,-
757 in 1903. From July / to date the
exports are 77,237,654 bushels, against
3S,015.19S bushels last year, 95,S29, I16
in 1904 and 142,571,557 in 1908. Corn
exports for the week are 5,944,5
bushels against 5,342,569 bushels last
week 3.186,52 bushels a year ago
1.15O.2O2 bushels in 1904 and 2.376,-
S33 in 1903. From July to date the
exports of corn are 54.5O5, 465 bushels
! against 24.3O5,429 bushels in 1905