The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1915-07-02
Trade Is Spotty; Little Spent
for Jimcracks.
Boston Blames Weather and
"Wave of Economy"
MOTOR FACTORIES ARE RUSHED
Savings Deposits Pile Up in
Military Districts.
Kansas City Declares Financial
Conditions Above Average.

Washington, July Authorization
about business conditions throughout
the country in June, as reported by
federal reserve agents, has been made
public by the federal reserve board
From Boston came the news that
weather conditions and the wave of
economy w C h is affecting all
classes" probably had been important
factors in the general business situa-
ton. Military towns were said to
show increased savings bank deposits.
Manufacturers of cheap jewelry had
done an unusually poor business. The
shoe and leather business is still VERY
dull" though shoe manufacturers
stated the situation was getting worse
and the underlying tone was fairly
health Cotton mill business was for
the most part satisfactory, but there
seems to be recession of business in
the wool, wooden and WorSted trade
since May l.
Bank Deposits on Increase
From New York. bankers through
out the state were quoted as report
ing that crops in general had good
start and that increased activity and
better employment for labor in many
industries were shown. Bank deposits
generally were said to be increased
and collections fair. In New York
City trade was reported as somewhat
retarded by unreasonable weather
though mercantile lines in general
continued to show an improving trend
and there was a reasonably satisfac-
tory outlook. Domestic business in
the Philadelphia district was reported
still below normal, although manu-
facturers and jobberS were looking
more cheerful1y to the future than a
few months ago. Orders for exports
were increasing, helping to restore
confidence and spreading business to
other lines. Employment conditions
were said to be improved.
Special Lines Booming.
Cleveland reported business in some
large Industrial plants, with special
lines as booming, with general bust
ness "only fair" Coal and pig iron
activities were said to be still unsat-
isfactory, with automobile and rubber
industries working to
capacity. Collections were not so good
as a month ago. There was an out
look for an unusually prosperous sea-
son for farm products
Chicago reported steady but slow
progress. The Michigan fruit crop had
been injured by excessive rain, but
late advices indicate unprecedented
cereal prospects. There was more ac
tivity in iron and steel lines.
st. Louis reported that the output
Of manufacturers who have no prod
ucts available for Europe still was
below normal, although the jObbing
outlook for the cotton crop was favor
able and the live stock market con-
tinued active.
Retail Trade Good in North.
Minneapolis said weather conditions
had damaged the north
western corn crop, but it was too early |
to estimate the effect. Wheat was in |
excellent condition. Business had re-
sponded to promises of a good year |
in agricultural districts with retail
trade active and collections good. |
Lumber had begun to show activity.
Crop and financial conditions in the |
Kansas City district were reported ex-
cellent The coal industry was above |
normal for the season. Live stock |
and packing Industries were normal, |
with farm implements and automo- |
Diles wing with each other for rec |
ord of sales. There was a surplus of
harvest laborers.
Dallas reported that the southern |
and central Texas oat crop would be |
the largest yield known. The price, |
however. had fallen. Corn was in a |
favorable condition, but the condition |
Of cotton is not entirely satisfactory.