The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1912-03-02
MORE uPTURNS
SCORED IN WHEAT
Higher Cables and Smaller
Receipts Chief Factors in
Lifting Prices.

Dun's Review, published today by
r. G. Dun & Co.. will say.
Officials statements this week in
dicating deposits and discounts at the
highest level, and sustaining heavy
payments through the banks, testify to
the expanding state of trade. The
failure records includes an increased
number of small store keepers. but
credits generally are In healthy posi-
ton and mercantile collections have
improved in the country.
More Rail Capacity mt Gary.
stormy weather gave place to more
seasonable conditions and recovery is
apparent in distribution, transporta-
ton and communication. Bad country
roads, the holiday Tuesday, delayed
trains and mails were temporary in
terruptions in the leading markets, but
commercial progress is sustained, there
being increased demands in the prom
inent industries, construction and
wholesale merchandise, while retail ac-
tivity has notably extended here and
at the interior. Iron and steel reports
include additional rail capacity effec-
Outputs, increasing specification at fab
ricating plants. heavier bookings of
plates, pipe and wire, and a large i'm
pending contracts for track material,
power and freight equipment.
Building Operations Look UP.
Local building operations indicate
some effort to overtake delayed work.
and more hands found unemployment
in metal and woodworking branches.
The dealings in crude supplies reflect
wider absorption, although receipts Of
| materials for factory conversion show
little change. aside from the activity
In hog packing.
Crop marketings were reduced and
| the grain markets remained moderate
| ly active in spot dealings. The OBJ
sorption is seasonable of live stock and
| provisions. Total movement of grain
at this port. s,344.050 bu. compares
with 10,252,500 blu. last week and 5.233.-
| $50 blu a year ago. Compared with
| 1911 increases appear in receipts. SAL
per cent, and shipments 1922 per cent
| Flour receipts were 114141 bris
| against 1898 bris last week and So
| 667 bris year ago. while shipments
were 96.ssS -bris, against e4.9s7 bris
| last week and 62.s43 bris in 1911.
Bank clearings s205.977.345. are
/ 0.8 per cent under those of correspond
ing week in 1911. and compare will
| $336,O1o.197 in 1910. Failures reported
| in the Chicago district numbered 40
| against ~ last week, 20 IN 1911, ana i
in 1910. Those with liabilities owe
$4,000 number &c. against last week
| 8 in 1911, and 3 in 1870"
Bradstreet's Weekly Report.
New York, March 2.-Bradstreets to
| day says:
while some centers indicate trad
Is not up to expectations. development
on the whole are of a satisfactor.
/ character. There is nothing resenh
/ ling marked activity. but undercur
rents in general suggest that fair gains
are being made and that improvement
heretofore noted is being held.
I'm the iron and steel line, mill CD
erations are active. but new business
is quiet and blow shipments. while
prices on some finished goods are sucl
as to indicate competition and desires
for tonnage. Pig iron, aside from basic
is dull.
business failures in the Unite,
Z States for the week ending Feb. 29
were 269, against 23S last week, IS
in the like week of 1911, 1s4 in 1910
21s in 1909. and 2s7 in 1908.
Business failures din Canada for tn
week number 20. which compares witt
% last week, and % in the correspond
ing week of 1911"