Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
BUSINESS CONDITIONS AND PROSPECTS

| for this time of the year are received
by commercial agencies regarding
] trade. industry and transportation, but
| there is no response in the market for
securities. The best news of last week
| comes from agricultural sections. AS
results on the farms become assured.
there is a growth of confidence that
Iibrings out large orders for fall and
winter delivery of all staples. Saw
mills at the Northwest are running
/ night crews, new coke ovens are in
general disposition to extend facili-
| ties in order to keep pace with expand
/ ing needs. More textile mills have vol
unfairly advanced wages 5 per cent, to
take effect after this month, and the
| only important labor trouble that
| threatens is local building complica-
| tioon that will be averted if conserva-
| tive counsel prevails. Official returns
show that foreign commerce in the fist
| eclipsed all records. both as to exports
and imports while the new year prom
/ ises still better results because of tbs
surplus on the farms available for con-
sumers abroad. For the last week at
New York alone exports were $1,352,245
larger than in 1905. and impourts
i CT a N q {l,s,o1 ,Syar
thus far reported for July show an
average increase OF 7,2 per cent over
last wears Bank exchanges at New
York were ia per cent larger than a
year ago, while at other leading cities
there was an average gain of 1875 per
cent.
Chicago.-The agricultural sections
are seen to be making good purchases
Of merchandise, and the stocsk OF
country stores undergo satisfactory re.
duction. Many visiting buyers from
the interior now make their fall selec-
tions in this market. and house sales
compare favoratbly with those of year
ago in the leading staples. The furni-
ture exhibits have drawn many buyers
here. and this trade creates favorable
feeling as to the future. Mercantile
collections remain reasonably prompt.
Money is in fair demand for CONNER J
cial purposes at rates Of to per
cent.
Minneapolis.-Th usual midsummer
dullness has not affected the volume OF
trade moving and all July records are
betting broken Preparations for an
fall and winter trade
increase as the time foor crop maturity
approaches. and buyers are appearing
in the markets some weeks ahead or
former years. Collections continue sat
.isfactory. The lumebr situation con-
ttinues strong and local saw mills are
running night crews. with an ahund-
ance TO logs. Shipments of lumber for
the week were 5.2s2. 900 feet. against
A 1864, 900 feet year ago.
St Paul.-Condition continue salts
factory in all departments of the, job
hing trade. and all indications favor a |
heavy fall business. Advance bust |
ness in dry goods, hats furnishings /
and footwear makes a gratifying Show
ing. sales exceeding last years. Gro I
Gerry iobbers report continuance OF Z
good business and markets steady. /
Wholesale drug trade is active, and the I
of hardware and builders
is we'll sustained. In millinery
the usual mid-summme quiet prevails.
Notions and jewelry are active.
Manufactured of wire
time on orders prices are holding firm,
and wire specialties are running full
and the outlook Is bright Manufac-
turers of machine tools are doing an
business and are sold
far ahead. Manufacturers Of cotton
worsteds are doing good business, but
report that orders for heay weights are
not coming in as rapidly as at the cor
responding period last year.
Reading.-Fur hat manufacturers
had normal business during the past
month, but prices were unsatisfactory
on account of the adance in cost of raw
material. They are working to full ca
pacity on orders for immediate deliery
Wool hat manufacturers are fully en-
ployed on orders for Immediate deliv-
cry. Prices are unsatisfactory Busi-
ness is dull with stoe manufacturers,
but full shipments will be started soon,
and a good season is anticipated Price
and good season is anticipated. Prices
are advancing. Manufacturers of
woolens are fully employed with a
good volume Of business for future de-
livery Prices are low.
Boston.-Cotton mills are busy, and
In some cases fall deliveries have be-
gun. Bingham mills are especially
busy and have not yet completed sum-
mer deliveries. Indications of a re-
pival in the export demand improves
the outlook for coarse goods. The light
weight season In mems wear wool
goods is making fairly satisfactory
progress, with worsteds still favorites
10 the displacement of pure woolens.
RI, sineSs in footwear is larger with the |