Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-08-06

AND
CORN IMPROVE
RRADsTREET AND DUN GIVE OUT
OPTIMISTIC REPORTS - Busl-
NESS FAILURES LESS.
New York, Aug. 3-Bradstreet's to.
day says: Crops, particularly corn
and cotton. have shown further I'M
provement. there is freer buying for
fall at leading southwestern markets,
shipments CT fall goods are expand
ing and there is evident more opti-
mtstlc feeling as to distrihutive trade
g,ansTeily, based upon the active trade
iona OF late. The most activity is
noted tn the large southwestern mar
kets. at q few central western CEN
ters ard at the larger eastern cities,
In some lines Of wholesale trade as
Gotten dry goods the activity mani
tested is still notable considering the
long spell of preceding bouyant buy
Ing but other lines display more
quiet and in iron and steel, while
production Is of record proportions
and orders are heavy, new buying OF
both crude and finished products is
less ective than year ago at this
time with prices concessions more
readily obtainabie.
Shelter copper and lead ars weaker
and business Is very light.
Raw wool is notably strong. partic.
ularly fine staple woods adapting to
making worsteds. The new clip ap.
pears to have been we'll cleaned up.
Business failures for the week in
the United States number 142 against
ITO in the like week OF 1906. Failures
in Canada number 20, against Is last
year.
Wheat, including -four, receipts
from the United States and Canada
for the week ending Aug. 1, aggregat-
ed 2,739,8S6 bushels against 1886, 029
this week last year. For the first five
weeks of the fiscal year the exports
were 12,690,767 bushels against $685..
$40 in 1906.7.
Corn exports for the week are
1,608,121 bushels against 623,146 In
1906. For the fiscal year to date the
exports are 8,182,611 bushels against
1885, in 1906-7
r. a. Dun's Review.
New York, Aug. 3.--R, g. Dun &
Co.'S weekly review Of trade today
says:
Trade reports from the leading
cities are singularly uniform In max
ing favorable comparisons with the
corresponding week in any previous
year At most western and southern
points the improvement in crop pros
poets has brought out liberal fall or
ders. Jobbing houses are preparing
for winter trade on scale seldom
equalled. the consumption Of season
able goods promising to deplete stocks
most satisfactorily. Manufacturers
still receive orders in. abundance, few
clothing cancellations appear. and II
is the exception when plants have
smaller contracts than a year ago
More detailed reports for the frs
| half of 1907 add to the earlier testi
mony that all records for six months
were far surpassed. Settlement OF thu
ore stock removes any danger OF In
terruption to activity at pig iron fur
naces. which promise to establish {
new record of output during the sec
ond half of the year According to ths
reports Of the American Iron and Stee
association all previous figures were
surpassed during the first six months
with an aggregate of 13,478O44 tons
Wooden goods make slow progress
although practically all lines art
open.
Foot wear factories are all engag
ed on old orders. Leather is quiet
shoe manufacturers. showing no dis
position to anticipate needs. DOMAIN:
is therefore limited to immediate re
quirements and tanners curtaii pro
duction which adds to the accumula
ton of hides and depresses quota
tons still further. Country hides are
especially weak because Of the larg,
stocks Of poor quality back saltings
Bank clearings.
New York, Aug. 3.-Bradstreet'
bank clearings report for the weel
ending August 1 shows an aggregate
OF $2,510,39S,000 as against $2,511 812,
900 last week and $2,710,000,000 in TIN
corresponding week last year.
Canadian clearings for the week to
tai $74,419,000 as against $50, 10000 II
the corresponding week last year.
Pct. Pct
inc. dec