Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-01-24
BUSINESS AT LEADING POINTS.
Disturbance in Wall. Street Does Not
Affect Trade Situation.

Disturbance in Wall, Street Does Not
Affect Trade Situation.
New York, Jan. 24.-The disturbance
in Wall street is apparently without
effect on the industrial and trade sit
uation which, measured by the best
tests, continues in a healthy and active
condition. The decline in security val
ues has not interefered with financial
markets, which in some important re-
i spects are improved, as is evidenced by
the decline In the Bank of England rate
of discount So per cent. Bank clear
inSs in New York show gains of sos
per cent and Sd per cent over 1909 and
1906. while outside New York the in
creases are Ill and 229, respectively
1 while for the two weeks of January
railroad earnings increased 9.3 per cent
over last year. The cold and snow.
/ while retarding trade distribution in
some respects, materially helped it in
! others, and the seasonable weather
makes the prospects for ample crops all
the brighter. The conditions in the iron
and steel trade show continued i'm
provement, with a much better demand
| for pig iron as prominent develop
ment of the week. Most of the features
of the dry goods market are satisfac-
tory, and the decline in raw cotton will
prove helpful with the manufactured
product. The demand for boots and
shoes is reported TO be fair, with prices
firm. In many of the cities the advices
are of general trade equal TO or we'll
above the normal for the season, with
the outlook for the spring distinctly
satisfactory.
Chicago = Weather conditions i'm
prove slowly but there is distinct re-
covery in general activity, factories OBJ
tanning fuel supplies and freight move
nents showing less delay, tho there is
yet considerable congestion at terni-
mails and difficulty in getting cars re-
CURED at interior points. Live stock
receipts have increased, but hogs con-
tinue scarce, and movements of both
grain and -four exhibit further decline
The markets for the leading foodstuffs
reflect moderate activity. Buyers gen.
orally operate conservatively in view
of the wide spreading agitation against
high prices. and consumption of meats
may be curtaled to enforce lower costs
Movements of the raw materials fol
factory conversion are heavy in metals
hides and leather. Those of lumber
disclose considerable decrease in arri-
walls and there is increasing trouble tc
obtain adequate supplies of certain
hardwoods. but shipments TO the fac
tories and planning mills remain notabl!
heavy and the railroads again specify
literally for coming needs.
. ST. Paul-Manufacturin and job
i bling trade still shows satisfactor,
progress; further improvement is noted
, in the freight movement, and there i;
> less complaint of delayed shipment. De-
, liveries continue heavy on old orders
in dry goods, wearing apparel ant
shoes, new business comes forward ii
satisfactory volume and sales for tht
spring season are exceptionally large
: Shoe factories operate actively ane
; have much business ahead Harnes!
5 conditions are unchanged. The whole
+ sale hardware movement is seasonabl,
? active and paints and oils are normal
, while drugs and chemicals are fairl,
active, and groceries are steady. Mil
g llinery sales reach satisfactory proper
: ton, but jewelry is quiet.
n Omaha-All lines of trade repor
q January, SO far, much better than las
e year, and indications point to Increase
: business as compared with forme
: lyears. Prices generally remain hrn
with an upward tendency in some lines
notably in rubber and leather goods
The weather has been seasonable an
the soil should be in condition to pro
: duce very good crops. Considerable cor
c yet remains in the fields, farmers beln
II unable 10 move it on account of heav
s SHOWS, and this interferes with collec
n tions, altho, on the whole, they are 1all
% Kansas City.-Retail trade is mod
o Ierate, but wholesale dry goods mouse
7 are busy filling spring orders, an
N Heather goods, drugs and building hard
;, ware houses are all active. Manufaet
). urers are running full time and tn
"a outlook for spring trade is encourag
- ling. Implement men estimate $S,00U,0U
o in orders We're placed here during tn
;. recent convention. Local flour mill
- produced 47,200 barrels the past Weel
Cash wheat sold at steady prices, Sill
to sl.15 for No. 2 turkey; ordinary NJ
and No. at 81 cents to $1.0S. tn
cattle trade was active, with price
fully steady, while sheep moved free
- lly at higher prices. The hog marke
- declined. The money market was stead
"a at former rates with home borrowing
81 and re-discounting from the countr
- better than usual for this time of tn
ID year.
~ ACKNOWLEDGEMENT markets al
- more active in several directions an
-. the waiting policy in vogue since tn
10 first of the year appears to have bee
~ abandoned to some extent. A better de
~ mand is reported in the iron marke
- Improvement of a moderate characte
:. especially in the inquiry for deliverle
- during the last half, being noted 3
, ~ sales agents. In finished products, ais
~ there is evidence of revival. Dry gooe