Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-06-03
BUSINESS AND PROSPECTS,.

old game has passed away ana all mas
become new.
BUSINESS AND PROSPECTS.
Seasonable merchandise goes into
distribution slowly. which causes ac-
cnmulation Of spring and summer dry
4 goods and millinery in the hands OF
dealers, and retards collections, while
making operations for fall and winter
1 much more conservative. At some
4 points, the last week OF May brought
pronounced Improvement in commer-
cial activity, but the holiday retarded
recovery, and progress Is slow. On
Monday securities fell to about the
lowest average since 1904, which was
attributed to the violent advance In
wheat, aud that in turn was charged
| to the unfavorable weather. Agricul-
tural disaster was predicted because
the official records showed this to be
the coolest spring since 1882, but In
that year the leading crops established
the highest figures of yield up to that
time. In 1882 the production of wheat
first exceeded 500 ooo,o bushels, and
new records were also attained by cot-
ton, oats and rye, while the yield Of
corn surpassed all previous years, with,
one exception, and that difference was
very small. Manufacturing plants are.
producing at full capacity In most in,
|dustries. orders covering. output far
into the future. and more New Eng
land cotton4mill employees have re-
ceived advance wages, making the
change effect about $4,000 hands Cur
rent transactions III the iron and steel
industry are Of comparatively little
significance, owing to the enormous
tonnage OF business under contract
that will maintain activity far into
the future. some sales covering the
output Of mills for the entire year Of
1905. New orders, however. are
plenty.
Chicag o-Trade conditions generally
exhibit more even tone There Is
less speculation in grain, and declin-
ing prices, improving outlook for crops
and higher temperature stimulate de-5
mand in leading retail and 1obbing
lines. Buying thruout the agricultural
districts is remarkably strong, not only
in personal needs, but also in hard
ware, tools and material for farm im-4
tprovements. Crop marketings still
show a diminished aggregate, but
shipments make favorable comparison
with a year ago. and the high prices
obtained add substantially to the
money in circulation. Forward book
ings in wholesale branches reflect con-
tinued confidence in the future. sales
tseadily gaining in dry goods, clothing,
mems furnishings, boots and shoes
furniture and hardware. Some neces-
.sary materials are scarce and marked
up, particularly in cotton goods, but
buyers are not deferred by advancing
prices and show more anxiety to SCI
cuer their wants. Mercantile collections
are prompt and, failures few.
Boston. From all over New Eng
gland come complaints Of farm work
delayed, and crop prospects are uncer.
tain. On the other hand, the advance
ing tendency of wages in cotton mills
is assurance Of the, prosperity ruling
in that branch Of manufacture. Not
only the, advance in cotton and wages,
but the scarcity of many kinds Of
goods, make a very firm primary mar
ket for allscotton fabrics. Wool goods
are also firm tho conditions at the
mills are not as entirely satisfactory
as with cotton mills.
Proyidence.In the better grades of
wool goods satisfactory demand con-
tinues and some well known mills are
entirely sold up. while other mills have
advanced prices and have refused dup
licates except for late delivery. Bust
80 Z 2
ness in worsted continues good, some
of the best mills being entirely sold
up. The serge market will be fully
opened this week: a good advance bus
mess is reported. Frenchpun yarn cons
tinues in good demand and hosiery
yarns are active The market is firm
for cotton goods. Buyers seem more
willing to operate than for some time.
past The question of deliveries is still
4 serious problem. Print cloths are
steady and bleached goods may be
high.
Pittsburg. Hardware is in only fair
demand, having been affected by TIE