The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1911-07-29
RAILROADS MAKE
STRONG SHOWING
Gross Earnings Of Chicago
Roads Quoted as Factor
by r. G.. Dun & Co.
GOOD TONE TO BUSINESS
Weekly Review Reports Favorable
Conditions in Operations in
Country.

Dun's review. published today by r.
q. Dun & Co, will say:
A more confident tone is seen in op-
erations. conditions generally being
favorable to increasing activity in pro-
duction and distribution. Large COM
parative gain appears in the volume of
payments through the banks. money is
firmer on wider demands. and trading
defaults run less than a year ago.
Gross earnings of the Chicago steam
roads make a satisfactory exhibit and
lake traffic RECEIVERS from depression.
Lake advices indicate that the north
western agricultural situation has be-
come more encoura ging and the spring
wheat harvest started and showing
better results in some sections than ex-
pected.
Illinois and Iowa corn growth Is seen
to be unusually good, with prospects
for cutting a few weeks earlier than
last year.
Activity I'm Iron Trades.
Manufacturers and transportation
managers draw more favorable impress
sions from the betterment following the
drought, and there Is freer DISPOSE
ton towards entering upon important
commitments.
Inc inquiries nave become numerous
for motive power. cars and other equip
ment. and heavy supplies for fall and
winter conversion are secured by i'm
plement makers and other prominent
consumers.
The markets for lumber and hides
aer affected by decreased receipts.
There is also further shrinkage in ar
rivals of dairy products and coarse
cereals, but live meats are literally
marketed and, despite larger packing
provisions in stores accumulate little
better than in June.
Dry Goods Trade Good.
Leading retail lines here and at the
| interior were stimulated by the lower
temperatures. The wholesale markets
are now well attended by outside buy
ers. and increased orders were made in
| drygoods. footwear, clothing, millinery
cloaks and suits, hats and caps, dried
fruits food products. carpets and fur
niture The advance buying for holt
! day needs shows strongly in novelties
toys. leather specialties, art wares and
| jewelry.
| Total movement of grain at this port
11.619,931 bu, compared with 1O,517.3 ot
blu last week and 7.565.60O blu year
ago. Compared with 1910. increase.
appear in receipts 66.5 per cent and
shipments 81 per cent Flour receipt.
| were 140.S1S brls, against 1929 brl:
| last week and 124.4S4 brls year ago
! while shipments were 1855 brls
against 112 ,939 brls last week and lie.
451 brls in 1910.
Bradstreet's Sees Change for Better
New York, July 29.-Bradstreets TO
day will say:
| Sentiment as to the future seem:
| to be undergoing a change for the bet
ter.
Retail trade, though improved
much by clearance sales. Curren
wholesale and jobbng lines are quiet
while the weakness of raw cotton 70
future delivery tends to unsettle TIL
textile trade. buying well manu-
| featuring, and prospective tariff legis
lation is disturbing factor. Buyer
seem inclined to purchase in small lots
Gradual Improvement characterize
the iron and steel trade, in which in
dustry operations continue to expand
Business failures in the Unite
States for the week ending July 2
were 23S, as against 239 last week, 20
in the like week of 1910. 223 in 1908
275 in 1908 and 142 in 1907. Bushes
failures in Canada for the week mum
Der %, which compares with a Xix
number for last week and Al in tn
corresponding week in 1910"