Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-31
BUSINESS AND PROSPECTS.

tinue to reflect prosperous condltiols
and optimistically predict con''nu-
alton of present prosperous conditions
in almost every department of COM
,,ereial and industrial activity. Con-
tracts come forward freely in the IRON
and steel industry, the only idleness
being due to repairs necessltated by
the yilbor with which production mas
been pushed, and footwear factories
are receiving orders for delivery next
E.ahr,a,u. while even the textile mills
report that purchasers have ceased ef-
forts to secure more attractive terms
romnlaines of inadequate labor sup
ply are universal. Building operations
are extensive, and would be much
oreater if the cost of labor and ma
teria,s had not caused the abandon
ment many plans. Aside from niue
foo much rain in some cotton states
tho weeks crop news is encouraging,
and grain will soon be out of danger.
Buyers are arriving in the primar!
markets in large numbers, placing Or
ders freely and often urging quick de-
livery which substantiates the claim
that stocks are low in all positions
Railway earnings in July thus far
surpass corresponding reports Tor last
wear by S5 per cent and foreign corn
merce at New York alone for the last
week shows gains of $2.110,472 in eX-
ports and s1.5S9,51s in imports. Prices
of securities advanced to the highest
point in over a month, and monetary
conditions We're improved by the sat
isfactory placing of the Panama canal
loan. Liabilities of commercial fall-
ures thus far reported for July amount
ed to S5,122,079, of which s1,H79So
were in manufacturing. $S,061.0T2 In
trading and $34S, OF in other CONNER
cial lines Failures this week num-
bered 216 in the United States against
e14 last year. and fifteen in Canada
compared WIN tWSHlS 49,
ago.
Kansas City.-For this time of year
business continues exceptionally good,
both in wholesale and retail. Collec-
tons are rather slow.
notwithstanding houses in all
lines are doing an unprecedented bus
mess for the season. and retail sales
compare favorably with former years.
Fall and winter goods are moving
freely and in the wholesale trade the
outlook is good. Collections are sat
isfactory In the lumber field northern
pine is very strong and there are prac-
tically no reserve stocks. The mills
for the most part were heavily sold
ahead when the saving season opened.
Hemlock is in better demand than
heretofore. while southern lumbers.
yellow pine and cypress, are easier.
Car shortage is already being felt i'll
the movement of west coast products.
Lumber shipments for the week We're
5,552. 900 feet.
Omaha.-'Trade in all lines has fallen
off somewhat during the last month
or six weeks. tho on the whole it COM
pares very favorably with former
wears. Collections are very satisfac =
tory and traders in all lines report
favorable conditions.
st. Louis.-Shipments of merchan-
disc. particularly dry goods. footwear.
clothing cloaks.' and millinery, have
begun in earnest and are increasing in
eytent each day. Business in grocer
les drugs and hardware has also i'm
proved. The distribution of goods has
started this year fully two weeks
earlier than last year. Collections are
fair to good.
Chicago.-Country buyers attend this
market in growing numbers. and the
iobbing branches now find the de-
mand for fall merchandise to be
steadily expanding and better than
that of a year ago in dry goods, CLOTH
ing. footwear and food products. Re-
tail trade exhibits seasonable volume
in the principal lines, and the state
street stocks of summer goods have
been satisfactorily absorbed. Mercan-
tile collections generally occasion little
complaint The discount rate for
money remains quoted at 5 to 6 per
cent. but the market has an easier
tone this week, the borrowing demand
being we'll distributed, but not urgent.
Pittsburg.-In the glass industry all
plants are running except the plate and
a few Of the bottle and window. There
is no unusual demand. The tableware
plants were put in full blast on the
14th. allowing only a two weeks shut
down, instead of the usual four to six
weeks. Business for the past year has
been profitable, prices remain steady
and the outlook is favorable, with a
fairly good stock of manufactured
products on hand.
Philadelphia.-The wool market has
been quiet during the past week and
manufacturers have shown no eager
ness to operate. Prices are firm. Man.