Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-10-12
BUSINESS AT LEADING POINTS.
Substantial Progress Toward Industrial
Recovery Made.


New York, Oct. 12.-tSubstantial
progress toward industrial recovery
was made during the past week, a very
large numbe of wage earners resum-
ing work I'M mills and factories that
had beer wholly or partially IDLE TOT
many months. Building permits also
increased, and the percentage OF I'M
employed in the building trades ma
terially declined. This extension OF in
dustrial activity is partly due to the
larger contracts placed, but there Is
also more disposition to
stocks for the demand that is
IDENTIFY expected. Yet resumption is by
no means uniform. many undertaklhss
being deferred until after the election,
and low water is still the cause OIL
short time at numerous plants. Govern
ment estimates of condition of the
crops on Oct. / indicate less than the
maximum quantities, but a new rec
ord of total value. Retail trade at
many points has decreased with the
higher temperature and the religious
holiday altho some sections note a
satisfactory distribution Of fall and
winter wearing apparel, and payments
are a little more prompt. Traffic con-
tinues to expand, railway earnings IN
September falling only Z per cent be-
hind those of last year, when there was
an increase of Ill per cent over l906.
acknowledgements Of general
merchandise extend to seasonable pro-
portions, and retail trade here and at
the interior is stimulated by lower
temperatures Staple commodities re-
main in fair request for early ship
ment, the attendance of outside buyers
in the wholesale branches being well
maintained from nearby points, and
the deep waterways convention
brought large numbers Of visitors who
have bought freely at the fall openings
in fashionable lines. Chicago steam
road returns testify to increasing
freight tonnage of factory products and
heavy materials, and receipts show
further recovery in hidesj wool n
lumber. Live stock arrivals make the
best aggregate in some time past, altho
the shortage remains In hogs n cat
tie. Stocks of provisions in store have
undergone rapid reduction during the
last thirty days, and easier values have
encouraged a more liberal absorption
and heavy ~eastbound shipments. Grain
markets are dull in spot dealings, but
futures advanced upon reports of po-
litical troubles in Europe. Flour for
warnings again are heavy and produce
ton is sustained at the highest volume
this season, altho dealers are indis-
posed to augment stocks at present
cost. Manufacturing conditions indi-
cate that machinery and labor are more
fully active.
Observation-Disclosures demand
in practically all lines continues to
wearing apparel of winter weight.
Footwear is active, and dry goods sales
are about normal. Hardware and
building supplies are equal or ahead
of q year ago. The lumber situation
is unchanged, prices hold firm. and
factory hardwoods are in steady de-
inand. Shipments OF lumber for the
week 4.2SS,000 feet, compared with 81
1O4. 900 feet a year ago.
Kansas City.-Weather conditions
are favorable and retail trade is brisk.
Carnival week brought many buyers
to this market. Wholesale business
in most lines is fully up to this time
last year. Collections are improving.
Recent good rains We're very beneti-
cial to the southwest. The area sown
to wheat in Kansas is said to be one
third less than last fall. The output
of local flour mills for the week was
&C, 900 barrels. Kansas mills are run
ming actively, but not as many on full
time as in September. There is a good
movement i'm wheat: oats are steady.
Cattle and hog supplies are very heavy,
with consequent lower prices. Sheep
made good gains. There is a fair seas
Unable demand for money. but most
of the banks are buying outside pa
per-: rates 6 to s per cent.