Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-10-23
The BUSINESS ElElp.

THE BUSINESS FIELD.
The improvement IS conservative,
but It is steady. and it is noticeable in
nearly every large trade center. The
large crop and early maturity Of cot
ton, making for lower prices. is work
ing readjustment in the cotton goods
trade on the basis Of increased activity.
The result Is a resumption of opera
tons in mills that were idle and an
increased production in mills that were
working part-tirne. Large sales are
also reported in the wool market, and
in the wool market and in the dry
goods trade generally there is a quick
ened movement. which. altho it may
not have any far-reaching significance.
is at least for the time being. very
cheering The leather trade also dis
plays spirit among buyers of willing
ness to operate. Hides are active and
strong. Further concessions in prices
are reported in tin plates. and the
lower prices Of steel products seem
attractive TO many buyers and new
business is reported, while projected
great public and corporation work
gives promise Of large future demand
for structural steel materials.
AS the commercial agencies see the
situation there IS no change in the
fundamental conditions of business
other than the apparent disposition TO
provide for the large immediate con-
sumptive demands freely leaving
larger considerations growing out Of
pending economic and international
problems for the future The foreign
ternattonal interest, and European Dor
rowing from New York is said to total
very large sum. Railroad earnings
In the first week Of October increased
OF per cent. while bank clearings out
side Of New York were IS per cent
yer a year ago and IS per cent better
than in 1909.
The abundance Of money which has
been apidly accommodating is a most
prominent factor Just at present. The
crop moving season has made compar-
ativeiy small demands upon New York
for finances and when money from the
west begins to come back to tha me-
tropolis the accumulation of idle funds
will be greater than ever. That this is
Of no account unless at work for it's
owners. Just how TO employ it TO adj
vantage Is the question which greatly
stock market does not seem to offer
much Of an attraction to investors. the
impression being that lower level of
prices will be seen before t he next
presidential election. The bond mar
ket looks somewhat more inviting bu:
trading even in these securities for
some time past has been very quiet.
The best opinion seems to be that new
bond issues II the security is high
class and offers good yield. Will be
more apt to tempt some Of this idle
money from the banks than low inter-
est-bearing bonds that have been in
the market for long time. Investors
are anxious to find a safe place for
their money but are demanding high
or return than formerly and it is
prophesied by financiers that corpora
lions thinking Of putting out new
issues may ~ we'll make up their mind
that this condition must be met If the
Notation 10 to be a success.
Liabilities Of commercial failures
thus far reported for October amount
to 3S,s1S,113, Of which s3,7s6,0ss were
In manufacturing, 34,420,00s in trading
and S702.017 in other commercial lines
Failures this week numbered 256 in
the United States against EOS last year
and ~ In Canada compared with SO a
year ago.