Rensselaer Semi-Weekly Republican, Volume 37, Number 35, Rensselaer, Jasper County, 5 May 1905 — COMMERCIAL AND FINANCIAL [ARTICLE]

COMMERCIAL AND FINANCIAL

Cliioaga

The weekly review .of Chicago trade, published by R. G. Dmr&'Co., says:

Seasonable progress has been made and business nativity is more generally diversified, the increased voluilie involving the employment, of additional working forces and capital. New demands are well sustained, and lfeavfeY receipts of mine and forest product* testify to expanded consumption of raw material. Grain marketing was fully 50 per cent larger than for the corresponding week last year, and shipments were almost ■ trebled, the movement ; mainly being for domestic Use. Arrivals of live stock-and hides w.ero liberal, packing proceeded vigorously, and the primary markets for foodstuffs exhibited further activity,. Other favorable features are satisfactory dealings in the jobbing and retail branches, together with advices indicating that the agricultural conditions are excellent and country trading advancing. Mercantile collections for both city aud interior are found reasonably prompt. Distributors report more cash buying than formerly. Grain receipts, 3,320,721 bushels, compared with 6,555,974 bushels last wek and 2,168,407 bushels a year ago. The shipments were 4,152,122 bushels, against 4,768,925 bushels last week and 1,479,558 bushels a year ago. There was more steadiness in the demand for Spur, and dealings increased iu wheat and the coarse grains. Crop conditions influenced board of trade operations and realizing sales appeared. Provisions were in good supply on enlarged packing. Live stock receipts; 320,477 head, compared with 286,963 head for ,4ame weelt last year. Demand. slackened for sheep and hogs, but choice beeves were sought. Ccanpared with closings a week ago, cattle are slightly higher, and lower quotations appear in the grains;and proyis ions. Failures reported in the Chicago district 'number 29, ftgainst 25 last week and 21 a year ago.

New York.

Bradstreet’s comrnert cial report for the week says:

Trade reports are irregular iu char acter, distribution of seasonably goods at retail being retarded by cool or rainy weather at the West and Northwest. Industries, however, are active, jobbing trade at some is still good aud retail business toward tlie latter end of tlie week became more animated. Building is brisk, money is firmer, bank clearings have increased heavily, prices in general display a downward tendency, weakness iu grain and securities being especial features. Railway earnings are still ou the up grade and Western w heat crop prospects continue favorable. Business failures in the United States for the week ending April 20 number 183, against 190 last w r eek, 199 in tbe same week in 1904. 152 in 1903, 181 tn 1902 and 214 in 1901. In Canada failures for the week number 21, as against 21 last week and 11 in this week a year ago. R. G. Dun’s Weekly Review- of the general trade of the country says: Erratic weather has tended to make trade reports somewhat irregular,/but on the whole tbe week’s results were satisfactory. Early delays were followed by* increased activity, particularly in what might be termed Easter llnys. It is noteworthy that much business for fall delivery has appeared, and more supplementary spring and summer contracts are being placed than jobbers anticipated. Mercantile payments are also increasingly prompt. Industrial activity expands. Failures tills week numbered 200 in the United States, against 241 last year, and twenty-one In Canada, compared with twelve a year ago.