Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-09-02
the BUSINESS FIELD.

In most sections of the country
commercial activity is fully maintained
and nego lions for fall and winter
trade Indicate no loss of confidence,
but at few points the weather has
not favored the crops, which causes
conservatism pending more definite in
Formation Several New England mills
lack adequate water power because o.
prolonged drouth, and the money mar,
ket retards numerous undertakings,
Collections are also slower In some
cases because of the financial situation,
but the large majority OF reports arr,
favorable. Time money is scarce and
abtlormally high, altho events Of the
week were generally favorable, partlc'.
uiarly the release OF funds by the
treasury and the decline IN exchange
mat removed any danger Oh a heavy
Drain q sold TO europe. Bank ex-
changes at New YORK 1or the Week
We're a9S per cent less than year
ago, owing to the large decrease IN se-
CURT y- -ts, put a. otHer ieaplis clt-
les there was an average gam OF s.o per
sent, Whicn rs nucn more representa-
tive OF commercial activity.
Liabilities OF commercial failures
thus far reported for August amounted
to $11 ,924,244. OF which $8,442,635 were
in manufacturing, $3,2l,45 in trading
and $210,15O in other commercial lines
Failures last week numbered 20S IN me
sohlteo states, against Afo last year,
ana ana ~ IN Ca l' com pared Win - 2
year ago.
Chllcaso,-Iraoe oeVelopments as.
close no factors OF ADVERSE lnnuence
upon current ACTIVITY. 5l'here IS some
pressure IN money, put THIS does not
interfere with operations In the ieac-
ing industries, many OF which employ
machinery rltei and forces to the fuliest e''-
tent, and nave heavy orders assuring q
steady run well into next year. Ihefe
is some conservatism in future plans,
especially as to new undertakings, ard
large consumers urge the lowering Of
costs Of raw materials, but agricultural
results are encouraging and confidence
in the outlook is we'll grounded More
visiting buyers are here than at any
time hitherto for supplies of fall alld
winter merchandise. all bringing re-
ports Of depletion of stocks and good
indications for the future.
Minneapolis. - Favorable weather
conditions prevail thruout the spring
wheat growing belt and harvest results
show satisfactory yield. Country
are buying literally in prac-
tically all lines of general merchandise.
Collections are well kept up and gem
eral conditions are satisfactory. Luin-i
Der shipments for the week We're 81
$4,000 feet, against 5,264,O00 feet a
year ago.
st. Louis. Buyers from the west.
southwest and northwest are in large
attendance, and purchase freely for
immediate and later delivery. Trade in
dry goods, millinery, clothing, hats and
caps and footwear is particularly slc-
tive, with record breaking sales. The
outward movement of freight Is in
creasing steadily. Manufacturers are
very busy, and all have enough orders
ahead to keep them going the balance
Of the year. Collections are only fair.
Pittshurgl -Hardware is fairly ac-
five in seasonabIe lines. but iobbers are
conservative regarding future pur-.
chases
Providence. factories are
we'll employed and prospects are en-
con,ap ine business continue good in
s.lvar ana new factories recently erect
ity of labor is a disturbing factor to
some extent in the cotton goods market
and has resulted In a curtailment of
the product OF several mills There, is
much idle machinery and the produce
ton is far behind the demand. The
print cloth market has been quiet.
New orleans TRADE conditions o,n-