The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-10-08
FINANCIAL NOTES

grafton niss of P* xner se" fse.ess c$; ,s:'
not may COME .,sf sssa
Interests iientined with merger Ct:
Southern Iron and Steel and Ala n es..a
agreement aud plan will be announreii
buns. commenting on business outlool
capacity with recent gradual improvement
being maintained.
Iurko- Italy war expected to end so"''
Foreign markets not affected.
ntah c"n .s Copper resumes N diy
ham of Illinois Central refuses to arbi
trate strike. declaring shopmen have VIZ
Statement Of idle cars for fortnight end
ed sept y shows decrease Of l4.2+3.
National Citizens league organized fori
promotion Of sound banking.
Imports Of merchandise and dry goods!
at the port OF New York for the week end
Ing Sept 80 were we're W, Valued a. SIS, NV
York for the week ending Friday were
*G4.39a silver and s25.l2s gold. Exports Of
s ptT's s2.l e! .ss s1e goid teA were ''''
business failures COR the week ending
Oct 5 in the United states according to
Bradstreet's. were 2ol. against AS !,,J last
1900 25s in 1905 ana 1872 in 1907.
business failures In Canada for the week
e pnrsa With q ss Meek and IS in tie
same week last year.
The abandonment Of the proposed ner-
ger OK the Calumet and Hecla Mining
at Boston. The reason is the uncer,ains
to Shen the aa a1 nenD Weu IN
spect to the merger.
Bradstreet's says: Though a relatively
liberal volume OF road sales came out this
week, the probabilities are that trade, AS
whole has receded little from las
week This tendency Is, perhaps. due ,
the fact that buyers having covered th" :
ca antL al I future commi1ments ,
again entering the markets. Collections
remain about fair.
II: G. Dun & Co.'S weekly review Of
ssy and naheFp spite ~a
! impair confidence and retard enterprise
the movement Of trade continues large, III.
though still below producing capacity, aud
| the recent gradual Improvement Is main
| tanned The hest feature OF the business
situation is shown not only in the situa
ton OF foreign commerce, but appears alSu
In the reports OF specific trades.
The situation In iron and steel is still
! mari eu u! COHSiueTaDle rEeHulaFly ant
there has been sharp falling of In tie
volume OF business since August.
Cotton goods mills are working into Il
better position In consequence Of the lower
cost OF the staple and values Of tinishe'
goods tend downward. Staple prints a
| being sold steadily and miscellaneous e:
port trade promises to be broader.
BACON PRICES SHOULD DROP
| Chicago stock yards review by Poole
Unless bacon drops to reasonable prices
1t will be up to curers and retailers to ey
plain, A year ago light mixed hogs wer
worth SS,SOHS75 Eer cwt. and choice ligh
abundant at $6.1O@6.3O and $50 tops
choice lights: All markets are flooded will
bacon material, even Omaha which Is Is.
sentially Il heavy hog point getting it,
share. An Omaha dispatch says Nebrask:
pigs are being cashed in without the len ST
pretense that discnse is responsible The
country has listened to the Milwauk".
oracle 81 low prices. Patrick Cudahy, and
concluded that Il pig sold is we'll disposet
/ of. Heavy hogs have gone to premium
| and are likely to stay there unless the
country changes its policy.