Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-06-21
BUSINESS AT LEADING POINTS.
Advance in Business and Industry
Fully Maintained.


Advance in Business and Industry
Fully Maintained.
New York, June 21.-The ADVANCE
recently made in industrial activity
and business confidence is fully MAIN
tanned. The daily reports are of new
buildings, new bridges, new rails, new
cars, new locomotives, new works of
improvement, new enterprises requir-
ing courage, capital, labor and ma
terials. From the leading cities come
advices of wider wholesale and retail
distribution, larger employment of la
Dor, additional work for contractors
and builders, increased demand for
manufacturing materials, satisfactory
advance fall sales. From the railroads
come statements Of gross earnings
lip per cent better than last year and
only S per cent under 1907 From the
great agricultural districts come re-
ports of improving weather and crop
conditions.
Boston.-The effect of fine weather
is noticeable in a larger retail and
jobbing movement in dry goods and
all seasonable merchandise. Conditions
are generally encouraging and more
favorable reports are being received
as to prospects for New England crops.
Textile mills are fairly we'll occupied,
but new business is checked by the
higher prices demanded for cotton
goods. Mems wear mills are busy on
old orders and report fairly bright
prospects for new business, tho the
higher prices necessMated by the big
advance in raw wool are expected to
prove a check in placing new light
weight fabrics. There is no immediate
prospect of lower wool values, either
here or abroad. ~
Pittsburg.-Improved industrial con-
ditions have been of material benefit
in jobbing lines, and retail trade is
better, Money is easier and while COLI
lections remain somewhat unsatisfac-
tory, there is an Improvement. Gro
ceries are sold in fair volume and
provisions are in steady demand. Good
hogs are scarce in the local stock
yards and the record price of'$s.20 has
been reached. Window glass continues
depressed and supply exceeds demands,
with prices sagging. Sales of lumber
are only fair, but the outlook is re.
garded more favorably. Building oper-
ations are slightly in advance of last
year. Electrical manufacturing plants
are being operated at abobut Is per
cent of capacity and in coal mining a
fair tonnage is produced,
New observation-disclosures and manu-
facturers report business seasonably
quiet, and country merchants are dis
posed to buy very sparingly until the
outlook of the cotton crop is more as
sured. Reports from the cotton section
of Louisiana and Mississippi show a
very material reduction, especially in
Louisiana, in the acreage under culti-
walton, and the condition thereof has
been very seriously affected by the ex-
cessive rains prevailing during the
early part of June. The boil weevil has
made its appearance in number OF
parishes in Louisiana, and this is be
lieved likely to further affect the crop
Conditions so far have been favorable
for sugar and rice.
Chicago@Trade reflects, a prompt re-
Spouse to the more seasonable weather
which prevails turnout the interior anG
retailers stocks undergo adequate re-
duction. House trade is well sustained
in the leading staples, while the book.
ings steadily increase for fall deliveries
of dry goods, suits, clothing and foot
wear. There is also steady buying of
house needs, carpets and furniture. The
general demand for food products
jewelry, art wares and sporting good:
now exhibits increasing strength. Mer-
camille collections occasion little ad.
Ill It., r,1N
ness in some local lines Winter whea'
harvesting progresses northward AMI
results thus far reported make an en-.
couraging exhibit. Weather condition.
favor corn cultivation, and report:
testify to good growth Of spring wheat
oats and barley. High prices are ye'
obtained for grain and live stock ant
the agricultural outlook is exceptional.
ly promising. Heavy contracts con.
tinue to be booked in the trade fol
future outputs in iron, steel, wood ant
leather working, the principal interests
in these branches now drawing upor
capacity closer to the normal. and
further gains appear in machinery and
hands employed. The demand for raw
materials steadily extends. and the
lAdIhClo Iva Pi6 ~ JILL AuLAOCA 3AA4AAOl
metals, hides and wool reflect further
firmness Lumber movements. show
improvement in both pine and hard.
woods.
Observation-Disclosures weather re.
stricts retail trade, which is only. fair
Dry goods are firm, with consider.
able increase in the volume Of bust
ness. The market for pig iron Is strong
with furnaces showing no inclination
to press sales. The movement is onl.
moderate, consumers appearing to hav'
supplied their immediate wants. Bust
ness is mainly in deliveries TOR the las
half Of the year. Flour is only In mod
crate demand, but the market Is firm
with an advance Of 10 cents per barre
on winter wheat grades and 5 cents PEI
barrel on spring. Whisky IL arm aant
quiet. Groceries are firm and trad
active. ].
Minneapolis-Trade in most whole
sale lines continues fairly satisfactory
Orders are Of good size and indicat;
confidence of country buyers. Collec
! tons are good ana money plentiful