Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-09-03

In generally believed that matters will
! soon adjust themselves so that this
country can continue it, usual trade
and increase itS trade with all neutral
nations. Imports dropped TO almost
nothing because OF the war and there
should be small balance Of trade In
favor OF this country each month for
some time"
Dividends Increased.
Attention Is called ia the report to
an increase In dividend and interest dis
bursements for August over the year
before. Bank clearings showed an in
crease. Building operations are greater
than in the previous year, The number
of Idle cars has continued to decrease.
Lumber exporting is at a standstill
Untitled tonnage of the steel corpora
ton has Increased. THE developments
In Europe will remove foreign competi-
ton" says the report, and may cause
heavy exports to the Latin American
countries. The steel business generally
should benefit rather than suffer from
European conditions" The hituminouS
coal situation should also be benefited
by the situation. The report excoriates
the price boosters and declares that lin
the end the business man who is strong
enough to push steadily ahead and
make each days business count will
win, but the man who attempts TO make
a quick fortune because he chances to
own a warehouse full of meat or grain.
taking this fortune out of the pockets of
the people at large. may find himself
discredited and financial failure As
to this price matter the bank report
says:
Commodity prices have been arbi-
trarily advanced in most cases. altho
some of the advances are justified by
changed conditions resulting from the
European war. The prices of many
staple commodities have been increased
as much as 5 per cent or II per cent in
the holeSale market, altho the actual
average increase IN commodity prices
justified by conditions should not OK
ceed l per cent or = per cent The
greatest increase noted. however. are in
retail prices and these have no doubt
been occasioned largely by fear OF n
shortage of commodities. There is no
basis for fixing prices on imported
goods. as goods which are usually
brought In from the countries now at
war are worth whatever the dealer can
get for them, as no more can be had
LOT the present triCtS EtIlcFHHN VIII
advance. but many of the sensational
advances already recorded are not in
any way justified by conditions. AS an
example: The big crop of sugar beets
and the fair crop OF cane sugar coupled
with the unusually large supply on hand
al the refineries should have held sugar
prices at very little above their former
level
Grains to Remain High.
AS for other crops and conditions of
the year the report sums up as follows:
The corn crop is about the same as
last year, which means that 1t Is below
the average of the past ten years. This
will make feed high enough to cause
growers TO market a fair percentage OF
their live stock this fall. Live animals
on the hoof at the farm have not ad-
vanced in price. altho meat prices have
advanced materially. There IS good
prices of live animals.
With the large crops produced this
year. the farmers would have heen com
PEELED to be content with compa rattvely
low prices had it not been for the
European war. The total volume Of all
crops produced this year sets new
high record for this country and be-
cause OF recent and prospective price
advances the total amount received for
these crops by the farmers viii be
greater than ever before. 1t is estiniat-
ed that the fourteen principal crops Will
bring the farmers $4,000 100000 and