Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-29
BUSINESS OF Las, WEEK.

The failure Of the Claim company
while disturbing and provocative OF
question as to its results on business
generally does not seem to have at
tected conditions seriously. Dun's Re-
view headlines over its careful reports
from all sections Of the country run
like this: New England-"While actual
business has increased only slightly.
prospects steadily improve; Middle
Atlantic states-"Fair demand for
summer merchandise but quiet in all
departments" South Atlantic states
Slight trend toward improvement and
confidence shows increase: Central
states Numerous reports of in
creased activity but many leading lines
still very quiet; Western states-"The
merchants are ordering cautiously an
active fail and winter trade is eN-
pected"; Canada-"Not much change
but general situation reflects improve
ment."
AilpsSllSI iI+t p0SIIfNSSs ASPSA 49,
a confident and optimistic ring based
10 a great degree upon thes plendid
crop prospects While reports are If
regular the favorable reports outnum-
Der those OF an adversec haracter and
especially in the west and southwest
where the crop prospects are excellent.
The large dry goods suspension ana
ne disastrous FIRE in New England
were naturally disturbing features late
n the week: except for the dry goods
rscs:vsrSh;p mercantile failures for
June Rad promised some recession.
High temperatures again facilitated
tAe sr-!bution of seasonable mer-
.cAan6ise ana activity prevails in sew
s-sl DEPARTMENTS Of the dry goods
markets. There has been a steady
movement II cottons, and business
~. 5oaee-s during June was better
:sz- 1scal. much less hesitancy being
sex. nan II the preceding month.
p-z-@s ~ -le- wear for next spring
49, beng arranged ard will be on
c.e- .sve. owing 10 the rise in WOOL.
CAY = moderate quantity or leather
: needed. IS the footwear factories
z-4 -. particularly busy; on the
sao.e. however, the situation is tend
~ toward Improvement and II is
noticeable that reports from tanners
a-e mere encouraging.
--.s month has witnessed an expan-
sim = ne demand for iron and steel.
-. price concession are still a feature.
Mos. Of me increase in business has
Zee, to- third quarter delivery, altho in
some instances the contracts extend
thru the year Mill operations are not
especially wc,l maintained and it is
believed that the midyear shutdowns
VIII las, longer than is customary.
The transporting companies are still
buying IN conservative manner;
there was a decrease OF 81 per cent in
theg ross earnings Of railroads report
ing for two weeks of June, yet it is
somewhat encouraging that there has
been small reduction in the number
of idle freight cars.
Bank clearings at all leading cities
last week were 2.s per cent larger than
during the same period a year ago. this
being the first gain shown for some
time. Following the sensational de-
cline in foreign exchange the previous
week it was assumed in some quarters
that the outgo Of gold had come to an
end. ye, further large amounts Of the
precious metal have been negaged for
export. In spite Of the fact that nearly
81, 900 has been taken from this
center thus far this year, money rates
continue on a decidedly reasonable
basis, owing to the meager require
ments in commercial and speculative
channels.