Evening times-Republican., 1909-07-13
Commercial a banking power of ap-
proximately ss3,OOo,0O0, putting it in
third place among the Chicago ma
tional banks.
BUSINESS AT LEADING POINTS.
Substantial Character of Trade and
Manufacturinq Unuuestioned,

Mahuracturing Unquestioned.
New York, July 12.--No one can now
question the substantial character of
the revival in the iron and steel trade
Whlch is rapidly rising to high water
mark levels. The output of the prin-
cipal producer has already reached
Wlthln moderate percentage of full
capacity, and railroads as we'll as
builders in leading branches of con-
struction work are in the market with
their orders. This wonderful change
IN snort period, in the activity of the
greatest manufacturing industry Of the
country; the bright outlook for the
crops, that of corn giving promise of
an unprecedented yield; the cheapness
OF money; and the fact that the tariff
plll mas been passed by the senate;
these are the conspicuous features of
lhe business situation. Naturally they
serve to strengthen the newborn con-
fldence and to encourage new enter
prlses. The maintenance of trade re-
vlval is all the more remarkable be-
cause this is the usual season of crop
uncertainty and midsummer mercan-
tile dullness.
| ttsburg-Inf1uences are favorable
for better business conditions and job
bers anticipate a good fall trade. In
seasonable dry goods and shoes there
has been fair movement and in some
instances stocks are quite low. Col
lections are improving in the grocery
trade, and this business is beginning
to feel the stimulus of larger pay rolls.
Meat prices are high and prime heavy
hogs have reached a new record of
nd t1,o hi;
Building permits for June totaled 81
100000, more than double last year,
and for the six months of 1909 per-.
mits aggregated $9,S91,521, better by 80
per cent than for 1903. The demand for
lumber and builders supplies is in
creasing. Prices of lumber which have
been low are getting firmer.
st. Louis-Gains in the various lines
of trade and manufactures for the
month of June over the correspond
ing month last year are, in many cases,
somewhat marked. Gains in footwear
shipments are from 5 to II per cent,
dry goods to 90, groceries. 8, hard
ware IL, woodenware 10, electric ma
chinery and supplies 20. Gains in post
office receipts liz, bank clearings
IL Y, real estate transfers per cent
neapolis-Retailers of summer
wearing apparel report a brisk trade
and stocks in these grades of merchan-
disc are being rapidly depleted. Jobbers
and manufacturers of footwear and
winter clothing report large sales for
future shipment, and drugs, paints and
oils continue in active demand Sash
and door manufacturers are running at
full capacity and there is a good de-
mand for all lines of building material
Lumber sales are away ahead of last
year, shipments for the week being A.
100000 feet.
Kansas City-Very few buyers are in
the market at this time. Wheat har-
vest is complete in all this section
Cultivators are going out on rush or
ders. The first half of the year has
shown a sharp Improvement in the
windmill, pump and gasoline engine
trade Jobbers in most lines report
good filling in orders and prospects
bright for large fall trade. The out
put of Kansas City flour mills last
week was 1900 barrels compared to
1900 barrels the preceding week. Flour
trade is very dull and the market de-
moralized. Oklahoma mills are begin
ming to grind new wheat. Trade in
corn goods is poor.
New Orleans-The movement of
merchandise is of only fair proportions
and trade generally is quiet altho job
bers of dry goods and manufacturers
Of textiles say that orders for future
delivery are coming in fairly satisfac-
torily. Retail trade is also quiet. Semi
annual statements of the local banks
just published show that they have de-
posits aggregating about s75.000,000,
against s65,OO0,o00 a year ago. In rice
and sugar trading has been of very
moderate proportions but quotations
are unchanged.
hiladelphia-Trade improves with
commission and wholesale dry goods
houses and collections are reasonably
satisfactory. Jobbers of hosiery and
underwear report better business. with
freer collections, while shirt waist and
clothing manufacturers note decided
Improvement. The wool market mas
been quiet and no transactions of mag
nitude have been closed but there has
been no change in quotations and the
market is strong and in sellers favor.