Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-06-30
CROPS AID BUSINESS.
Belief in Large Yield of Cereals
Strenothens Confidence.

Strengthens Confidence.
New York, June 30.-Midsum mel
/ quiet is augmented this year by the
general contraction that has occurred
| in all departments of trade and indus
! try. but splendid progress of the crop!
! strengthens confidence in the future
i fall business is gradually increasing
the percentage OF active machinery.
| Boston-Quieter conditions Of last
week are more noticeable in many
branches, tho dry goods jobbers are
| having fair but by no means active
trade In seasonable fabrics, and re-
| ports from retailers are quite favora-
Bile, weather conditions having helped
a good distribution the past two OF
three weeks. Buyers are operating eau
| tiously still in cotton fabrics, tho there
| Is an exception found in staple and
fancy ginghams, which are selling we'll
agents reporting steady demand OF
increasing size In mems wear goods
quiet conditions prevail and mills
complain that orders coming to hand
are not often of kind that can be
filed, owing to the fact that they call
for delivery at time manufacturers
are unable to meet. There is a steady
Improvement in the leather trade
The pig iron trade is dull and little
new business is coming forward from
New England consumers.
Philadelphia The wool market
shows some improvement. The demand
is largely for worsted wool, and values
of these are held with increased firm
! ness, tho manufacturers are not dis
posed to pay any advance over recent
figures. Clothing woods are quiet, tho
more inquiry is reported by some deal
ers. Pulled woods are also quiet. Ter
ritories sell at fair prices, but there Is
very little of the new crop in shape to
offer. There Is some slight improve
ment with textile manufacturers and
labor, which has long been unem-
ployed, is now being put to work. The
leather market continues firm, stocks
on hand normal and sales show an In
crease, the demand in heavy leather
being general in all grades. The glazed
kid market shows some Improvement.
but dealers continue to buy for immed-
late needs only and sparingly Whole
sale shoe dealers report only a mod
crate business, but collections are I'M
proving. Conservative buying is the
rule with local retail dealers, altho the
trade is generally considered in good
condition Some business is being done
in chemicals. but manufacturers and
wholesalers report that for the most
part orders are small; prices are well
maintained. There Is a slight improve
ment in the paper market, altho man
ufacturers and wholesalers report bus
mess still below normal.
Chfcago.-Financial conditions reflect
further ease, with a better tone for in
vestments and more disposition to pro-
vide accommodation in important en-
terprises. Offerings of commercial pa
per slowly increase. but the supply of
high grade names is not equal to the
demand. Rates are quoted from to
5 per cent, with occasional transact
tons at 31a. Currency is in larger re-
quest to meet crop moving needs this
season than last, but banks are we'll
prepared and the average of deposits
sustains favorable comparison with
May last Country banks to a larger
extent than hitherto are better pre-
during the crop season, and it is not
improbable that currency shipments
from Chicago may be less than the
normal.
Hot weather greatly stimulated the
buying Of seasonable light weight
goods, the Improvement being notable
in the leading retail lines. The flow
of -orders for both city and country
is still quite good. Personal buying of
fall and winter staples has extended
satisfactorily. Crop reports impart
much encouragement to business gen.
orally and the outlook improves with
the splendid prospects in agriculture.
Cleveland.-Trade in retail lines
shows a steady Improvement. altho in
volume 1t is still considerably less than
at this season last year There Is an
increased demand for hardware and
building material, due to more activ-
ity in building operations. Lake traf-
fic continues quiet and an inactive
season is anticipated: a number of large
ore carriers have not yet been placed
in commission. The ship building in
dustry is dull, new work having been
curtailed because of unfavorable con-
ditions on the lakes. Iron and steel
conditions continue to improve.
New Orleans-Trade conditions in
most lines are fair for this season
and collections are quite satisfactory.
Recent floods and rains in some local
tiles have considerably damaged a
large amount of sugar and cotton
land but in other sections the weather
has been very favorable Receipts OF
rough rice thus far this season are L.
17s,4o7 sacks against 1.2391s1 sacks
last year, and clean rice 565.s22 pock-