The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1915-05-10
DUN REPORTS No
MARKET SHOCKS
With Conditions Unusual Trade Re.
viewer Sees On Whole No Cause
For Alarm.

Bushes, conditions show compuru
lively little change. and though the re
cent cheerful outlook Is maintained,
conservatism goes hand In hand with
Increased confidence. rhe growing ln.
trnsitN NJ the war operations. includ
ing the sinking uf an American ship.
has caused considerable uneasiness
aud rr,ultel In rather sharp lrregu
larttIrs In the stock market. The rust
/ ut the war which iu one country alone
amounts In the first year 10 more than
( double the total government debt ere
| died In this country during the ciyil
war, naturally causes concern. This,
I however, has little or no effect on the
immediate volume of trude. which con.
tluues Ia expand slowly The heavy
export demand. Is still the most strik
lng feature, but IL Is noticeable also
that domestic ronsumtiOn Is on
rising scale. although this ~ much
more apparent In some directions than
In others.
Bank clearings are now for the first
time, revealing gain over last year.
| not only at New York, where specun
| tive activities contribute to swell the
total but In many other parts Of the
country The iron and steel indus
try Is now operating on about 70
per cent basis, with increasing pig
| Iron output, and prospects Tor this
month appear excellent The dry
| goods markets ure generally steady.
| cotton goods being I'm liberal request
and firm, WOOlcns and wOrsteds are
! quiet, but carpets are more uCtivp aud
higher Shoes are moving slowly, but
| the outlook Is more cheerful Building
| operations are larger In the eastern
cities aud building materials are In
good demand, with considerable export
sales Winter wheat conditions ARE
excellent. The heavy export demand
| Tor wheat keeps up. ship building Is
! prosperous the automobile industry Is
generally active, there is rather more
railroad buying Of supplies and the
volume Of unemployed Is diminishing
Money continues ensy and collections
maintain their recent improvement
A sudden drop In cotton carried
| prices down tO point nearly 81 bale
below the recent high level. the OctO.
her delivery falling below the lOc mark
Fears Of complications with Germany
and the possibility " war between
China and japan were the oyershad
owing Influences, while the sharp
break In securities also exercised an
important effect Adverse crop reports
again predominated, but liquidation
was nOticeably depressed Declining
quotations for wheat were largely at-
tributable to the fine prospects for the
winter crop, while spring wheat seed.
Ing apparently In almost completed,
With n substantial increase I'm the acre.
Uge indicated The government re
turns issued on Friday showed an
unusually small amount ~ winter kill
lug Western receipts NJ wheat this
week of 6,l+a,OO0 bushels compared
( with 2.7O8 OOO last year while exports
from leading ports " the United
States. four included, were 6.O34, 400
bushels, against 2,775.975 IN 1914. Like
the costler cereal the trend IN both
coru aud oats was mainly downward
although net changes were not mark
cd Primary arrivals Of 9,9T3 (0W
bushels " corn this week exceeded
the l.S}00OO reported u year ago, ant
Atlantic coast shipments were 769.OOt
! bushels. against only $1,000 In IN,
earlier period.