Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1909-10-08

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CHICAGO.

r. G. Dun & Co.'S weekly review Of
Chicago trade says:
"A firmer money market and In.
creasing payments through the banks
indicate sustained progress in the
business conditions. Trading defaults
include none Of special Importance,
but more small s~torekeepers have
failed as a result of improbable 70
turns due to high prices.
Movements of commodities ex-
hibit gains in factory outputs, gen.
eral merchandise, provisions, live
stock and hides, and there is heavier
outgo Of grain, although marketings
declined from the rush of fall seed
ing and wet weather.
Lower temperatures stimulated
the demand for necessaries here and
at the interior, and there is rising ac-
tivity in the leading retail lines,
heavyweight apparel, millinery and
footwear being under large absorp-
ton. The demand also is strong for
food products, furniture, mems fur
nishings and general dry goods.
Wholesale houses have a fair at
tendance of buyers, and there +
more mail and road orders for the
principal textiles, current orders be-
ing influenced by scarcity of needed
supplies aid advancing costs. The
markets for raw materials disclose
well-sustained values, and the de-
mands have widened for lumber, wool,
leather and minor metals.
Manufacturing generally makes
steady Roadway, new contracts being
notably large in pig iron, steel, wire,
electric lines. heavy machinery and
hardware. Furniture factories report
capacity more largely engaged for the
future. The furnaces, mills, car shops
and FORCES enter considerable work
for 1910 and the prices obtained are On
a more profitable basis of production.
"Other indications Of the sustained
recovery in the industries are attest
ed by increasing capacity and hands
employed. Plans for costly construo.
ton in this district disclose no abate-
ment. Earnings Of the Chicago steam
roads exhibit satisfactory gains. and
the coal mining interests derive en-
couragement from multiplying orders
and a better outlook for prices.
Failures reported in the Chicago
district number %, against 25 las9
week, IS in 1908 and 16 in 1907. Those
with liabilities over $4,000 number II,
against z last week, Z in 1908 and 3
In 1907"
NEW YORK.
Trade continues of favorable pro
portions, demands for all staple lines
being noteworthy features, though
there is a tone of conservatism u
many reports. Shipments are heavy.
and in many instances buyers are n.
Questing prompt deliveries. Business
on spring account is also of good vol
ume. Retail trade is getting into bet.
ter shape at many centers, but war;
weather has retarded its fullest d.
~velopment.
Commodity prices, both for raw mn
terials and edibles, are generally arm.
Collections show Improvement. Iroo
and steel continue active, the charao-
teristic features being heavy BUYING
Of pig iron at higher prices, urgent ~
quests for finished goods and increas.
ing outputs of everything.
Business failures in the United
States for the week ending with Sept
% were I'll, against 1913 last week,
267 in the like week of 1908, 166 -
1907, 165 in 1906 and 1876 in 1905.
Business failures in Canada for the
week number 81, as against 30 last
week and 80 for the like week II
Observation-Disclosures.