Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-01-05
FAILURES ARE FEVER
Not So Many Unsuccessful Bus
mess Ventures as During
Last Year
STEEL RAILS ARE HIGHER
Eastern Mills Refuse Orders for Less
Than $50 Per Ton-susiness Activity
contnues-lndustral Never So
Busy at This Season as at Present
Other Details.

New York, Jan. 5.-Bradstreets to-
day says:
Quiet prevails in dstributive trade
but industrial lines were never so ac-
tive at this season. Prices of staples
show remarkable strength and iron
and steel, leather raw wool, cotton ant
cotton goods display notable firmness
Collections are classed as good in the
west and only fair in the northwest
where they are said to have not ex-
banded in proportion to the increase
in general business.
Notwithstanding the holiday week,
the demand for pig iron for future de-
livery was active. the eastern and Chi
caso districts being the chief factors
New orders for steel rails are of good
ly proportions and it is reported that
two western roads have placed con-
tracts for upward of 80, 900 tons for de-
livery in 1908. Two independent Penn
sylVanla rail producers announce that
they VIII not book orders calling for
delivery after August 4 for less than
80 ton, an increase of 81 and the
highest price quoted for standard rails
since 1900, but the leading producer
shows no disposition to advance it's
price.
Lead and spelter are not SO firm.
lin declined sharply in the latter part
or the week on pressure to sell and a
more favorable statistical situation.
Domestic copper is firm and consider
able premium prevails for spot sup
plies. But late advices indicate weak
ness for warrants and refined copper
In the oversee markets.
Business failures in the United
States for the week ending January 3,
number 1S5, against 22O in the same
week of 1906. Canadian failures for
the week number 16 as AGAINST 80 in
1906
Wheat, incluring flour, exports from
the United States and Canada for the
week ending January aggregated
4,255,27O bus, gainst 3,s39.941 this week
last year. For the past twenty-eight
weeks of the fiscal year the exports
We're 97,923,504 bus, against 69,O2O,O2
bus in 1905-06 a year ago
Corn exports for the week are 1874
500 bus, against 6,265,333 a year ago.
For the fiscal year to date the exports
are 25.SO4,oSS bus, against 43,21s,2S1 in
1905-0 6.
Dun's Review.
New York, Jan. Or. G. Dun &
Co.'S Weekly Review of Trade today
says:
The new year opens brightly with
promise of business, no excessive
stocks being carried over, and results
of inventories fully equal to sanguine
1t is noticeable in dis
patches from the west that there was
less than the customary lull in business
during the holiday season, while bar
gain sales are readily disposing Of the
moderate supplies remaining on hand.
In the leading industries contracts
on the books are very large and
plants operate full time, except where
or fuel cannot be secured or
finished products cannot be forwarded
to consumers. There is much COM
plant from northwestern flour mills
ON this point, and export trade is also
restricted because grain and other
fail to reach the sea-
board promptly. To this delay may be
attributed part of the decrease of ST.
1866 in exports from this port for
the last week. as compared with the
year ago, While imports
exceeded the very heavy total for the
previous year by $1,5S1,590.
Prices of pig iron have risen close to
the position of 1900 but finished prod
ucts are still much lower as to stand-
ard figures.
Business in the primary market for
textiles has been interrupted by the
holidays and inventories, but work is
progressing in preparation of new lines
for the coming season. Reviving in
terest tends to strengthen the tone of
the market already decidedly firm.
Operations are still conservative in
mems wear woolens, altho agents are
confident that activity will soon appear.
Nothing definite can yet be said re-
garding worsteds, except that on sta
Pile fabrics large sale Of heavy
weights is assured.
New England footwear manufacture
ars enjoy feeling of confidence re-
garding business during the early part
Of 1907.
Wheat was depressed by accunu-
lated stocks at the northwest, and
weather conditions unfavorable for
winter wheat.