The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-02-01
TRADE IS BETTER.
Seasonable Weather and Revival
of Work in Many Lines
Have Served to Improve the
Business Situation.
PRICES ARE LOWER
And Buying for Future Deliv.
cries Has Been Stimulated.
Bank Clearings Show a Decline
From Last Week.

-NeW OK, 6'0D. LIT. U. Oun q
Co.'s Weekly Review Of Trade says:
Seasonab1e weather and further
increase in the percentage of active
machinery combined to improve the
trade situation, although there Is still
large number OF unemployed. and
dealers proceed cautiously in prepar-
ing for future business. Prices Of COM
modities have declined on the whole.
yet products of the leading industries
are fairly well maintained. Mercan-
tile collections are irregular. despite
the ease in the money market. More
iron and steel plants have resumed,
and the outlook is brighter, even rail-
way equipment is better because of the
extent to which consumers seek
prompt delivery, indicating that the
recent season of conservatism has
ing that when confidence is fully re-
stored vast tonnage Of deferred
business will be placed.
Bradstreet's.
Bradstreet's says:
Trade and financial developments
have been Of a rather irregular
character but on the whole were in
the direction of future improvement at
the large centers. Conservatism in
ordering is noted as a country wide
condition, but recent price reductions
have unquestionably stimulated inter-
est. The suspension Of four banks at
the metropolis was after all only mega
lively unfavorab1e, these being the af-
termath Of last autumn's financial
storm. Underlying financial condf-
tons are certainly no less BILE,
money shows increasing ease not only
in this country but all over the world,
and Improvement in corrections which
are still slow as a whole, Is in many
cases the result Of easing money max
ing it possible to remit on past due
accounts The weeks failures total is
the smallest for q month past. Lower
prices for builders hardware are re-
norted to have stimulated some in
ouiry, and there is talk of possible cut
ting OF lumber prices, which Is not,
however, likely to prove permanent
with any particular expansion IN &C
tiyftv in the spring. The cancellation
Of orders Is still a disturbing question
in some lines, but there seems this
week to be rather more reports of re-
instatement of orders previously re-
jected.
Tanners are buying hides very con-
servative1y. There are widespread re,
in ali sections of the country and some
eo,1thern reports point to a return, by
idle city labor, to the farms.
Pig iron continues quiet, despite COM
naraf,veIy low prices. Stocks are said
to he light. and in the Pittsburg dis
trict shinrnent exceed production. FIN
ishing mills are a little more active but
on the whole recovery Is slow.
Business failures in the United states
for the week ending January 30 num-
her s59. against 40S last week, I'll In the
like week of 1907, 22S in 1906, 2S9 In 1900
and 216 in 1904.
There were A failures in Canada this
week. against 81 last week ana 70 IN
this week year ago.
Wheat. including -four exports from
tho limited States and Canada Tor the
Week ending January 80 aggregated A.
sz8 .205 bushels, against 441s.213 last
week: 2,102. PSI this week last year ana
q. 7o2 1858 in 1902. For the 81 weeks OF
the fiscal year the exports are 40o59.-
226 bushels. against 110, ,682 bushels
in 1905 and 1907, and l64,SoS,ISo In lSol
and 1902.
Corn exports for the week are 1.s47.-
s27 bushels, AGAINST LIN, 42s last week
and 2.157,677 in 1907. For the fiscal year
20 dale the exports are so.O7s.77s bush
els. against g, .7o3 in 1906 and 1907.
Bank C1earings.
the week ending January 30 shows an ag-
srerate Of 81, 287, $4,000 against $2.717.-
zs IN la st week and s., 954 IA 600 in the cor
resnouding week last year. Canadian
ri hearings for the week total So, $4,000 as
against SIS. 4Ss. 900 last week and SIG, ia. 600
is list OF the cities: