Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-10-28
BUSINESS At LEADING POINTS.

BUSINESS At LEAUlNd fOINio'
! Stringency in the money market mas
| bene the worst feature OF the SITUATION
for some time, but 1t was greatly as-
| sravated by the withdrawal OF mn
lions of dollars from the banks es-
necia1lv in New York many frightened
depositors putting their money IN SAFE
deposit boxes at the time Wheh IL -
most needed in circulation. Whlle .'le
/ IN effects of this boarding We're ielt III
avery branch of business, the lnapliits I
to obtain money was most disastrous
at the stock exchange, prices Oh ei'e
! sixty most active railway shares ia''-
| ING far below all records since l9VV'
,rr.de reports are irregular, the events
of the last week at New YORK tehs'ils
70 c.use conservatism in preparations
for the future, but current retall traoe
is active turnout the nation, anu e''e
leading industries maintain active Ma
chinerv at most plants. An encouras
ng sign is the absence of canceila
flows Transporters are unable to nan
die promptly all the freight ot1ereo'
and railway earnings in October mus
far far surpass last years by 6.s per
cent Bank exchanges at New YORK
for the week We're 80 per cent s''aii-
or than in 1906. but at other ieaolhs
cities there was gain OF 1913 per
cent.
Trade reports below indicate that
| the business Of the country mas ho'
been seriously disturbed or general
confidence shaken by the troubles OF
the stock exchange Liabilities OF
commercial failures thus far reported
for october amounted to S9,bS6,9lb, Oh
which $4,562,6S0 were in manufactur-
ing. s4.1S516S in trading and $7Ss,l2s
in other commercial lines. Failures TINS
week numbered 252 in the United
States against 2O4 last year, and 90 IN
Canada compared with 81 q year ago.
/, Chicago--Trade generally exnloits
!, steadiness, aside from the sentimental
> effect of financial troubles in the east.
!, TRANSFORMATION of. finished materials,
q staple merchandise and other commoo-
!, tiles exceeds that of year ago, ana'
/, while the aggregate or new defialio
6 In manufac turing branches is narrow
4 ar there is satisfactory activity III the
a principal lines of distribution. ray
4 ments thru the banks are heavy, fail
II nres are smaller in number ana n
. abilities. and there is less urgent pres
- SIRE for money, tho the discount rate
i is high and firm.
). minneapolis. Exceptionally good
/ weather has been a favorable factor IN
~ the northwest, and both wholesale an'
IN retail houses are making record sales
20 Harvest returns are fully up to tht
N early estimates, and with the prevail
q ing high prices Of coarse grains ant
10 farm produce, country merchants arr
N taking discounts and asking less &C
w commodation than for many years
a Collections are good.
id ST.. Louis-Business in the leadlni
Sc WHOLESALERS lines is above normal AM
TO mail orders for immediate delivery ar
t. very numerous, while orders for sprin'
a. delivery are coming in well. Manu-
t. facturers are busy, and have enoug
l. orders ahead for the balance OF tn
1d year. Collections are fair.
II, st. PauL-Fur manufacturers con
on tinue busy, and shoe factories operat
ms at full capacity The seasons sales i
ct millinery are considerably in excess c
ed last wear. Wholesale drug trade
nd good. Groceries and hardware are &C
in tive and steady The demand for har
re ness has fallen off, but sales contin
n lie well UP to year ago. Collection
are good.
to New Orleans.-New sugar and me
rt- lasses is coming to the market in ia
te- amounts and is being readily take
at full prices. Receipts of rough rlt
have fallen off somewhat. but recelp
:. for the season are still much heavit
by than a year ago, the total thus IL
M being 547,o3S sacks last year 1925
.he, sacks.
ted observation-disclosures is firmly he
,as and little time money is now availabl
Jobbers of dry goods continue We,
ant busy and sales with manufacturers
ces mems clothing have been good. Man,
aS facturers of ladies' cloalls and sui
Tho are crowded with orders. The loo
the wool market shows some improv
-es' ment, trading in territories bei1
~ heavier than for some time. The ma
ex- Ae
M wet is firm particularly for slap
ab- woods. of which remaining supplies
Of all markets are very light. Manufa
turers generally are well employed al
ac- in knit goods the demand is large.
not Pittsburg-The hardware market
90 fairly active and considerable goo
ihs are being handled. Window gla
'ie' nrices are easier under the pressure
wv increased output
Boston.-The financial uneasine
VI has served to make the business stu
iii' ton more unsettled and increased t
iie conservative feeling previously appa
LIZ rrrola oe,ara11v lie ulliet tho r