The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1913-09-06
R. G. DUN WEEKLY
review Of TRADE
Despite Hot Weather Bust
ness as a Whole Sustains
High Volume.

Dun's Review. published today by r.
G. Dun & Co, says:
THE holiday and renewed hot wealth
err had slight effect upon the activities
in production and distribution, and
business. as whole, sustains high
volume for this season. Monthly set
Elements at the bank were satisfactory
and the clearings disclose gain, but
trading defaults again compare un-
favorably with last year, although less
so In manufacturing lines.
Currency outgo is easter than was
anticipated and encouraging indica-
ltions are noted in money and security
investment Further strength de-
veloped in the leading industries from
an increase of new demands for dis
tant deliveries.
The outputs in iron and steel are
maintained at the highest lever this
year and most collateral branches OPP
crate tseadily on orders running month
ahead
Agricultural advices were less
I pessimistic. further recovery featuring
the corn crop where rains wee benef-
/ cial.
THE spring wheat harvest shows
better than expected and fall seeding
progresses rapidly improved soil
conditions. Grain marketings continue
on prices averaging well above those
of a month ago, the result being aug
mented buying power throughout
farming sections.
The aggregate movement of bread
stuffs indicates that the early rush to
receiving terminals is subsiding, and
there IS reduced east-bound outgo, but
arrivals of live meats run high and
there is ample absorption of provisions
! and lower stocks of hog product. Com
modities disclose more strength in
prices widening consumption of sea-
sonable needs. Freight traffic by both
rail and lake compares well with
year ago, despite reduction in forward
ling OF iron ore and copper caused by
i1abor troubles.
The gross earnings of Chicago
steam roads reflect continued gains in
east and west bound forwardings of the
mills and factories. Further contrac-
tion is seen in supplies OF raw ma
iterials. especially lumber. hides, 1eath-
Ter and minor metals. Heavy construc-
tion and new building make good adj
lvances where early completion is urg-
lent and there are substantial local and
outside calls for quarry product, plan
ing mill stun, sanitary and electric
supplies.
Retail dealings sustain a normal de-
pletion of stocks here and at the in
terror, with the tendencies more dis
tinctly favorable in the costly lines Of
fine apparel and luxuries. Satisfactory
activity is noted In the jobbing
branches. the attendance of outside
buyers being large and selections more
diversified in the textiles, clothing.
footwear. house utensils. cIoaks and
suits. silverware cutlery and food
iproducts. Road and mail orders from
the Southwest show better than in the
preceding weeks and little complaint
Is made as to collections generally.
| Bank clearings, s2T0.419.923 exceed
those of corresponding week last year
by 81 per cent and compare with s252.-
iee2,6e6 in 1911.
Failures reported in the Chicago
district numbered 81, against 43 last
week, 21 in 1912 and II in 1911. Those
with liabilities over $4,000 number 8.
lagainst "a last week, in 1912 and IN
1911"