Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-09-21
LAST WEEKS BUSINESS.

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Hesitance in entering upon new conn
mitments continues and spirit OF
caution is everywhere manifest. ct the
confident feeling in business circles is
maintained Sentiment is strengthened
b developments in the financial situa-
, ton. favorable impression being Gre
a,e6 b the further Improvement in for
eien exchange and the action taken
with a view TO meeting maturing obi
cations abroad. Considerable gold has
alread been shipped 10 Canada for this
pu-poset and it is eviden, that banking
interests here are activel engaged in
the effort 10 restore more normal mon
etar conditions. The prevailing high
rates for accommodation still exert a
restraining influence upon trade espan-
Sion. but moderate progress is noted in
various leading lines. especial in the
eastern and western sections OF the
ccunt-
Stimulus has been impaired 10 retail
demands D the end OF the vacation sea
sor and lower temperatures have accel-
Grated the distribution Of wearing APP
parel and other fall merchandise. wsile
The volume OF new business IS not
large. t7r,ner un8ertone has developed
in the dry goods markets and reports
from cotton mill centers indicate that
more riachine- is running Continued
strength appears in woolens az worst
eds al the output is being increased.
but raw wcoi IS quiet as most manu-
sac,ure-s are we'll supplied for the pres
ert
The situation in footwear is considered
satisfactory. New England plants being
fairly well employed, while advices
from the south are no,iceaoly more en-
courag.ag. TIE higher prices Of leah
er restrict new demands. bu, there Is
70 accumulation Of desirable stock as
tanners are limiting the production
Cur;ailment OF outpu, IS also noted
in iron and steel, operations now being
al the rate OF about 80 to 50 per cent Of
ca7a crtv Inquiries from foreign
sources continue but actual sales are
small ana t.z-aestic consumers are buy
ing with caution This IS especially
true q the railroads. which still report
falling Of in revenuesf gross earn
!ngs for the frs: week Of September
being 81 pr cent less than a year ago
While TO official quotations are
available. spot cotton is arner al the
south ana there IS increasing hope Of
an early reopening Of the local ex-
change. A violent decline in grain
prices at ire outset was succeeded BY a (.
sharp recovery, yer ire general trend
q all commodities was downward. s.
losses and >. gains occurring this week /
il, the 81 quotations complied By Dun's /
Review
stop loss orders IN wheat we're m
covered on the early decline. when
liquidation was feature Depression
was accentuated BY the increase IN do (,
.r.estic visible supplies and unusually
heavy receipts, arrivals a, western
points this week being -s.so2.ooo bush
els against 1870 eeo q year ago Ex-
ports from al ports Of the Tinted
States. -four included. were also large.
than IN the earlier per.o6. 4.a5si7oj
bushels comparing with 3il5.ta2 mi
1918. A.-e- Ire initial setback. the
markets rallied SHARPLY. e-ra;ic Auctua-
lions occurring because % the varying
news regarding the war in Europe
Both corn and cats followed the gen
era, lead Of the cosslie- cereal Pr
MARI receipts OF a5ss,ooo bushels Of
corr This week we're smaller than The
5.s5l. 09o reported last year. while only
.5.59o in 1918. Gradual progress isl
being made IN adjusting the New York
Liverpool cotton straddle and senu-
nen, il me trade e increasingly con
a6ez,